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Benefits Of Installing A Prepaid Electricity Meter For Landlords

Benefits Of Installing A Prepaid Electricity Meter For Landlords

Being a landlord can be stressful at times. At Power Measurement and Distribution (PTY) Ltd, we want to help remove some of these stresses and strains. 

That is why we offer a range of Prepaid Electricity Meters and utility management solutions to help you recover electricity costs directly from your tenants and prevent them from running up debt on your account. We’ve highlighted some of the benefits of installing Prepaid Electricity Meters in your properties and making use of our Partial Utility Solution. 

1. Quick online registration process

Once you have purchased the meter, you can register it immediately online via this website or telephonically on 086 107 6937. This is a quick and simple process, which removes the need to fill out paperwork. As part of the registration process, you will also be able to set your own tariff for the prepaid meter. 

2. Tenants unable to run up debt on your electrical account

As the main account holder, you often run the risk of tenants being able to run up debt on your Eskom or Municipal account. It then becomes your burden to try and recover this debt from the tenants. Installing a prepaid meter prevents this from happening. The tenant has to buy units of electricity upfront and, once used up, it is then the tenant’s responsibility to purchase additional tokens at their own expense. This also helps to make the tenant aware of their usage, often resulting in them using electricity more sparingly.

3. Recover electricity costs directly from the tenant

At the end of each month, you will receive a monthly report detailing the breakdown of the electricity purchased. The total amount (excluding our management fee) will then be paid directly into your bank account. This means you do not need to personally recover the electricity costs yourself each month. The funds you receive can then be used to settle your Municipal or Eskom account.

4. Easy-to-use

All of our Prepaid Electricity Meters are easy to use. Tenants can either purchase tokens via our website or from a number of reputable retailers (Click here to see a full list). They then simply need to enter the 20 digit pin number into the meter to recharge.

To find out more about our range of Prepaid Electricity Meters, please call 086 107 6937 or email info@powermeasurement.co.za. 

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