PrePaid Electricity meters http://www.prepaidmeters.co.za Mon, 15 Mar 2010 16:20:37 +0100 FeedCreator 1.7.2 http://www.prepaidmeters.co.za/images/M_images/joomla_rss.png http://www.prepaidmeters.co.za PrePaid Electricity meters http://www.prepaidmeters.co.za/buy-to-let-property-investors/prepaid-meters-and-metering-for-residential-property.html Real-estate is still one of the leading asset classes the world over. However, together with management of real estate there is also risk involved. In a situation where an investor has let a property there are two main risks to manage: Risk of late or non-payment of rent. Risk of late or non-payment for utilities consumed. In the even that either or both of these risks should materialize, the landlord remains liable for making timely payment of the mortgage commitment and the utility bill. Use of prepaid meters and prepaid metering is an ideal method by which buy-to-let investors can eliminate the risk of late or non-payment for utilities consumed, therefore reducing or eliminating a significant portion of the risk associated with their investment. Our prepaid metering solutions (index.php?option=com_virtuemart Itemid=26) can be installed in any residential property. Installed as a secondary, or sub-meter, to the primary meter supplied by the municipality or power authority, our prepaid meter is privately owned and privately managed by the investor landlord or an appointed rental estate agent. Installed as a secondary meter inside the dwelling, typically at the mains distribution board, our prepaid meters meter and govern the flow of electricity to the lights and plug circuits within the... Markets - Buy-to-Let Property Investors Thu, 15 Jan 2009 05:41:01 +0100 http://www.prepaidmeters.co.za/body-corporates/prepaid-meters-and-metering-for-body-corporates.html Our PrePaid Meters and Management Offering for Body Corporates: NO upfront payment for the PrePaid Meters - get started on prepaid metering today without upfront large costs of meters and installation. PrePaid Meter Management - no hassles with meters management we do everything. No more per quota billing - everyone pays for what they use. Many residential and commercial properties are owned in sections or areas by multiple owners, each owner owning one or more sections with the dwelling complex or building structure. In such arrangements there is usually a body corporate that is comprised of a number of owners. The role of the body corporate is to provide for governance of the scheme and taking care of various environmental and financial issues surrounding the operation. In such environments it is common for the property to be supplied utilities on bulk-basis. Typically a single meter system is employed to calculate the overall consumption of all the sections and the common property area of the complex or building structure. Following this there may or may not be additional sub meters. In the case where no sub-meters are installed, apportionment of the utility bill is typically calculated using the participation quota . This method attempts to... Markets - Body Corporates Thu, 15 Jan 2009 15:45:39 +0100 http://www.prepaidmeters.co.za/multiple-tenant-dwellings/prepaid-meters-and-metering-for-multiple-tenant-dwellings.html Many freehold residential properties, once single family homes, have been converted into Multiple Tenant Dwellings. Where once a single family unit resided on the property, now the property is utilized as residence by three, sometimes four or more indpendent residents. These types of properties are often the result of significant alterations in order to accommodate the separation of the dwelling areas in terms of privacy and utilities. Such situations do however create a problem when it comes to charging for consumption of utilities as freehold properties are generally only fitted with one primary meter. This means there is only one account for the utility consumed on the property and it is therefore difficult to determine who used what percentage of the utility consumed. As discussed in Prepaid Metering for Granny Flats (granny-flats/) , one method of trying to solve this problem is by participation quota which is never accurate. Tenants will often dispute their electricity bills in such situations, claiming inaccurate apportionment. Our prepaid meters and prepaid metering solutions (index.php?option=com_virtuemart Itemid=26) are an ideal solution for Multiple Tenant Dwellings where provision has been made for complete separation of utilities. Each dwelling having its' own geyser, lights and plugs circuits... Markets - Multiple Tenant Dwellings Thu, 15 Jan 2009 15:43:19 +0100 http://www.prepaidmeters.co.za/granny-flats/prepaid-meters-and-metering-for-granny-flats.html Freehold residential properties often have additional dwellings constructed on them. These dwellings may be semi-detached from the main dwelling structure or may stand independently on the property. Such structures are often let to a tenant and is considered a good way for landlords to supplement their household income or reduce the amount of their own cash that they must pay to their monthly mortgage installment. Such situations do however create a problem when it comes to charging for consumption of utilities as freehold properties are generally only fitted with one primary meter. This means there is only one account for the utility consumed on the property and it is therefore difficult to determine who used what percentage of the utility consumed. One method of trying to solve this problem is the age-old method called the participation quota . This method attempts to determine fair apportionment by means of calculating ratios, either by number of persons or squared meter area. The method of participation quota is, as can be expected, not accurate for the reason that different people have different usage habits. One person may be in the dwelling for a longer period in the day, while another may like... Markets - Granny Flats Thu, 15 Jan 2009 15:41:03 +0100 http://www.prepaidmeters.co.za/farms-and-staff-accommodation/prepaid-meters-and-metering-for-staff-accommodation.html With Our PrePaid Meters you can: Include a portion of electricity automatically onto the meter part of staff payment or, Get staff to purchase electricity on buy-as-you-use basis and, Full meter management solutions for both collections and vending of tokens Installation of our prepaid meters and Prepaid Metering system is an ideal solution for private and public organizations who provide employees with the benefit of accommodation. Many organizations provide employees with on grounds accommodation as an employee benefit. Such facilities vary in nature and may range from a few dozen to a few hundred rooms in a building structure. There are also situations where staff accommodation takes the shape of free standing houses within a village type environment. The typical employee accommodation arrangement varies between employers but is seldom inclusive of utilities which are normally required to be paid for by the employee. However, since such arrangements are normally built on property owned by the employer, the problem of metering and billing often presents itself as a challenge in the management of the facility. The challenges faced are not far removed from those presented in Multiple Tenant Dwelling Units and Sectional Title Housing Schemes. The benefits of using our Prepaid Meters in a Staff Accommodation environment... Markets - Farms and Staff Accommodation Thu, 15 Jan 2009 17:17:55 +0100