Things are tough. Life has become harder, markets more volatile and situations more complex. The world has shifted on its axis and people are finding new ways of working, living and managing their admin. In the midst of all this, the last thing anybody wants is complexity. In fact, it would be fair to say that most people would very much prefer it if things were simpler and easier right now. While most things in life won’t fall in line there are some things that can, like prepaid utilities and prepaid utility management.
“Many business parks and rental properties share utility spend across different tenants as they have only one municipal meter installed on the property,” says Carel Scheepers, General Manager, Sales at Citiq Prepaid. “This system is very inefficient and time-consuming, often causing problems between tenants and landlords.”
When one meter’s usage is split, it opens up billing to abuse and unfair costs. One person may be profligate while another is careful but the cost of that utility is divided between them, leaving one person paying for another person’s power. This is hardly ideal. Tenants can end up fighting with one another or they can raise a dispute with the landlord – either way, this causes negativity that can be avoided.
“Instead of doling out awkwardly split bills or dealing with disputes, landlords can simply install a sub-metering solution that ensures people get what they pay for,” explains Scheepers. “The tenant pays for the electricity they want and can plan their budgets more accurately while the landlord reduces the time spent on admin, significantly. Not only will they be saved the time and hassle of splitting bills, but the money for the utilities will be paid directly into a dedicated bank account so the landlord can pay the municipalities on time.” This is simple prepaid utility management.
With Citiq Prepaid’s prepaid utility management system, tenants and landlords buy into an easy life. The consumption is managed by the tenants who pay for their usage using tokens that can be purchased from both brick and mortar stores as well as online. The landlords gain access to an online portal that allows them to access specific reports about the meters and they are paid on time, every month. In addition to easier control over utility spend and usage, sub-metering adds a layer of transparency to the tenant and landlord relationship.
“With our prepaid utility management solution, tenants always know that the money they spend will be on their utility and that they aren’t sharing it with anyone else,” concludes Scheepers. “Landlords are assured of reliable water and electricity provision as well as rapid insight into potential leaks or problems. These are quickly caught by the meters which reduces costs and the risk of an unexpectedly high bill. Our prepaid utility management sub-metering solution is designed to make your life easier.”
Citiq Prepaid’s prepaid utility management solutions are easy to install, easy to use and easy to maintain. We work closely with electrical contractors to provide them with high-quality meters so they can also give their customers access to an easy life. With us, electrical contractors can build solid relationships with their customers and foundations for a successful business as we provide the support and quality they deserve.