Promotes responsible Electricity usage

A prepaid electricity submeter for a rental property is a device that is installed in a property to measure the electricity consumption of a specific unit, such as an apartment or a commercial unit. This type of submeter allows tenants to pay for the electricity they use, rather than having the cost included in their rent

EDM Solutions' prepaid electricity submeters can provide several benefits for landlords or property managers. Here are a few ways they can benefit from using these submeters:

1. Simplify billing: With a prepaid electricity submeter, tenants pay for their own electricity usage, which means that landlords or property managers no longer have to manually calculate and bill each tenant for their share of the electricity costs. This simplifies the billing process and reduces administrative work.
2. Reduce arrears and disputes: By using prepaid submeters, landlords or property managers can avoid disputes and unpaid bills. Tenants are responsible for purchasing and loading credit onto their submeter, ensuring they have the necessary funds to cover their electricity usage. This reduces the risk of arrears and disputes over unpaid electricity bills.
3. Encourage energy conservation: When tenants are responsible for paying for their own electricity usage, they are more likely to be mindful of their energy consumption and make efforts to conserve energy. This can help to reduce overall energy costs for the property and benefit the environment.
4. Accurate usage data: A prepaid submeter provides accurate data on the electricity usage for each unit, which can help landlords or property managers identify high-energy users and take steps to address any issues. This data can also be useful for budgeting and forecasting energy costs.
5. Increase revenue: With a prepaid electricity submeter, landlords or property managers can generate additional revenue by charging a markup on the cost of the electricity credit. This can help to offset the cost of the submeter installation and maintenance, and potentially increase profits.

Overall, using EDM Solutions' prepaid electricity submeters can be a valuable tool for landlords or property managers, providing greater control over energy costs and simplifying billing processes while reducing the risk of disputes and unpaid bills.

No, it is not possible to replace your municipality's primary electricity meter with an EDM Solutions prepaid submeter. The primary electricity meter is owned and maintained by the electricity provider or the municipality, and it is used to measure the total electricity consumption for the entire property.

A prepaid submeter, on the other hand, is designed to measure the electricity consumption for a specific unit, such as an apartment or a commercial unit. It is usually installed after the primary electricity meter, and it is used to track the electricity usage for that unit only.

The cost of installing an EDM Solutions prepaid electricity submeter for tenants can vary depending on several factors, including the number of units in the property, the location of the property, and the complexity of the installation.

In general, the cost of installing a prepaid submeter can range from R750 to  R2000 per unit. This cost typically includes the cost of the submeter itself, the installation, and any necessary wiring.

EDM Solutions provides customized solutions for each property, so the best way to determine the exact cost of installing a prepaid electricity submeter for tenants is to contact us and request a quote. Will assess your property and provide you with a tailored proposal that outlines the cost and benefits of the solution.