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Sectional Title Properties
New and existing sectional title property development properties present an excellent opportunity for installation of prepaid meters. Specification of prepaid meter solutions in new developments is highly desirable for developers as this level of planning and consideration has significant benefit to the future operation of the development. This benefit translates into a more marketable and desirable product for would be home buyers and property investors.
Once in operation, commercial and residential property developments faced the same financial management challenges when it comes to revenues collection management. read more...
The prepaid meter installation can be done in both existing buildings and new buildings. The prepaid submeters are installed before the supply reaches the distribution board of the property.
- The council bulk meter will supply the prepaid meters in each of the units
- In existing buildings, where submeters are already present, they can be either left or removed
Mouse over the thumbnail below to view an example of a possible meter layout:
There is a minimal cost payable for the meter and installation starting from R700.
- The prepaid meter
- Installation at the premises
- Maintenance / service for the duration of the agreement
The meters are manufactured by a renowned international manufacturer, who is also a recognised supplier of Eskom, and are easy to use. The calibration of the meters is as prescribed by specifications set in place by Eskom. All meters come with tamper proof measures to ensure that there is no means of bypassing the system.
You can view details of the different types of meters by clicking here.
Additional System Features and Services
When you sign up we will provide the following additional system features and services:
- Online reporting facility using the latest technology
- 24hr customer service & support
- 1 year warranty
- 24/7 365 days a year rechargeable vending options:
- Online reporting
- Any mobile phone
- Universal Pin
- Credit cards
- Direct deposit or EFT
- Nedbank ATM
- Auto debit order recharge
- Rechargeable at the largest network of retailers
- Arrears collection
- Active tamper watch
- Protection against unpaid bills
Additional Info Regarding Sectional Titles
Once in operation, commercial and residential property developments faced the same financial management challenges when it comes to revenues collection management. Whether the need is for prepaid meters for commercial or for residential schemes, specification of prepaid meter systems enables developers to reduce their costs in provision for the supply of utilities to the development. By application for bulk-metering services developers can significantly reduce costs associated with individual section metering.
Furthermore, the installation of a prepaid meter in each section ensures an improved level of financial management once the scheme is in operation. With this in mind, the value of properties within the scheme are more attractive to private and investor buyers who realize that a significant portion of the risk associated with the revenues collection management of the scheme has been obviated.
Specification of our prepaid meters and metering solutions also obviates the costs associated with meter reading charges that are customary in such schemes. This results in reduced costs to the scheme and hence the individual section owners. Once again, the combination of prudent financial management from the perspective of revenues collection management for utilities combined with reduced costs makes the scheme more attractive from the immediate perspective to any buyer, adds value to the product and improves marketability of the scheme.