No more meter reading, late payments, cash flow problems or disrupted bills.
These prepaid sub meters are a means for the landlord, property onwer or body corporate to collect money from their tenants before they use electricity. Our prepaid meters for water and electricity are installed on a sub meter basis. This means that the supply authority (Eskom/Municipality) meters remain in place. Our prepaid sub meters are fitted in the rental unit next to the distribution board and are suitable for entire blocks of flats, complexes, factories, shops and even granny flats. The convenience of it all is that we can install more than one prepaid sub meter per property.
The convenience continues when it comes to purchasing both prepaid electricity and water. All the tenant needs to do is purchase it via the nationwide vending channels.
Places where you can prepaid tokens:
- Pick & Pay stores
- Checkers hyper
- Uni Pin outlets
- BP Express stores
- FNB internet banking, FNB cell phone banking & FNB ATMs
- Standard Bank, ABSA, Nedbank internet banking
- Online: Credit Card purchases via Easy Pay
At the end of each month the total revenue collected on the prepaid sub meters is paid to the property owner’s or body corporate’s bank account, who in turn pays the supply authority (eg Council or Eskom). There is a 15% administration fee on all transactions for the use of the system. This fee will be recovered when purchasing a token, the tenants are charged this convenience fee, so the Landlord does not pay for this service.