Explore EDM Solutions' FAQ to find answers to common questions about our innovative prepaid submetering and prepayment metering systems for multi-family, residential, and commercial properties.
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A prepaid submeter is a device installed in rental properties that measures the consumption of utilities like electricity, water, or gas for individual units or tenants. Instead of receiving a bill at the end of a billing period, tenants pay for their utility usage in advance.
Installing a prepaid submeter system for your tenants will not directly reduce your main electricity bill as a landlord.
Here's how it works and how it can affect your billing:
Main Points to Consider
Benefits of Prepaid Submeters
Potential Indirect Savings
While your main electricity bill itself won't be reduced by the installation of prepaid submeters, you may experience some indirect financial benefits:
In summary, while your main electricity bill will not be directly reduced, prepaid submeters can help ensure that tenants' utility costs are covered, improve cash flow, and encourage more responsible energy usage among tenants.
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Choosing the right prepaid submeter involves considering several factors to ensure it meets the needs of your rental property. EDM Solutions, a company specializing in utility management systems, provides various options and services that can help you make an informed decision.
Here’s a guide on how to choose the right prepaid submeter:
Assess Your Property’s Needs
How many units need submetering?
What utilities do you need to measure?
Features and Functionality
What features are essential for your property?
How does the system handle payments and recharges?
When it comes to prepaid meter installation costs, there are only two initial upfront costs and that is the purchasing of the meters from a preferred Edm Solutions Prepaid wholesaler or electrical retailer and the meter installation costs by a certified electrician or plumber. It is important to note that we do not charge connection fees.
Please note that you cannot replace an Eskom/ Municipal meter with a Edm solutions Prepaid sub-meter. For you to be able to buy tokens through us you will need to install a sub-meter downstream from the main meter.
Our meters are available for purchase at reputable electrical wholesalers and retailers, and should be installed by a qualified contractor to connect it to the main Eskom/ Municipal meter. If you decide to install one of our meters, you can contact us to register/activate it on our meter management system.
If you have any questions regarding this issue or where to buy our meters kindly let us know via email or give our friendly call centre a call on 010 023 4332
You will need to complete an activation form (contact our Call Centre for the form) and send it to us. Once it’s completed please email to registration@edmsolutions.co.za, Alternatively, you can call us on 010 023 5448 and our agents will do the registration on the phone with you and then email you a confirmation. You can also request a registration form via WhatsApp: 081 713 6022 that will be emailed to you.
Ensure the submetering system complies with local regulations and standards. EDM Solutions’ systems are designed to meet regulatory requirements, providing peace of mind that your submetering practices are legal and fair.
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A token is an STS (Standard Transfer Specification) compliant 20 digit number issued upon purchase that will release the specified amount of electricity (in kwh) or water (in kL) on your prepaid meter. A token can be purchased using your meter number. Once you pay we generate a token that gives you the units for the value paid. You can then punch the token number into the meter to get the electricity/water equivalent. The amount due will then be paid to the landlord.
Tokens purchased from Easypay or Cigicell stores will provide you with the 20 digit token number which can be keyed directly into your meter. UniPin vouchers (Cigicell) will require that you SMS your voucher number to the number provided, whereafter your token will be sent to you via SMS.
Tokens are unique to each meter; this means that no one can steal your token and use it on a different meter.