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The Weekly Update EP:03 Khaya Sithole returns to talk on the latest news over the past week.

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    How prepaid meters can take the shock out of holiday rental utility bills

    There's no denying that this has been a year where people have really had to learn to 'work smarter' and embrace new ideas. It has also become a time in which, more than ever, every rand spent really does count.
    How prepaid meters can take the shock out of holiday rental utility bills
    © Warakorn Harnprasop – 123RF.com

    It’s a fact that prepaid electricity sub-meters can assist landlords and property management agents, including those that focus exclusively on holiday rentals, to work smarter by preventing disputes on utilities bills.

    A prepaid meter is a device that helps the user control and regulate the usage of electricity. It works much like a prepaid cellphone, whereby you pay upfront before you use it, therefore eliminating large unexpected monthly bills.

    Additionally, and perhaps even more pertinently for the holiday market, these sub-meters can assist in making sure that temporary tenants don’t swallow up all the profits by consuming electricity, thereby causing an exorbitant energy bill during their stay on an all-inclusive expenses basis.

    A good holiday rental manager works with their clients to create a tailored solution that’s designed especially with the unique property in mind. Such a manager is always aware that the holiday rental property represents an investment for the owner, and that working together as a team will produce a win-win situation all around.

    Here are some useful points to ponder:

    • Installing a prepaid electricity sub-meter will assist landlords and their property managers to work together in measuring and monitoring electricity consumption.
    • This helps to ensure that the short-term tenants don’t create headaches in the form of unforeseen bills.
    • However, it also helps landlords to learn about their target market and plan more effectively to meet their clients’ needs, including reasonable price-setting for the future.

    By letting a prepaid electricity sub-meter take care of the economics of the provision of electricity – arguably one of the most basic of amenities that holiday makers would expect – this frees up the landlord and the holiday rental agent to focus on planning around the creation of a premium stay for their guests.

    And so, taking this into account, why not consider installing a prepaid electricity sub-meter for your holiday rental property? Whether you are a landlord or a manager, it will be of benefit to you both during the 2020 December holiday season as well as for all holiday seasons in the future.

    About Zachariya Lockhat

    Zachariya Lockhat is the Business Development Head: Recharger Prepaid Meters
    Let's do Biz