The Process of Purchasing Voucher Numbers and Account Management
The Landlord or Property Manager contacts Meter Mate and requests numbers to be generated and pays a small admin fee for each Voucher Number. A minimum of 10 Voucher Numbers per meter must be purchased at any 1 time.
Each Voucher Number has the value of 100 electrical units. The Landlord or Property Manager sells the Voucher to the Tenant for the Rand equivalent of 100 electrical units (kwH) and sets aside the money to pay the council electricity bill at the end of the month.
On receiving the Voucher Number the Tenant enters it on the keypad of the prepaid meter which credits him with 100 units of electricity.
When the 100 units run out he will need to purchase another voucher. It is possible for him to purchase multiple vouchers and enter them all at the same time.
It is up to the Landlord or Property Manager to determine how many vouchers they wish to sell to the tenant at any one time. Rent collection can be encouraged by withholding the sale of Vouchers to the tenant.
The admin cost of the Voucher Numbers can be recovered from the tenant by charging an additional fee on top of their rental.
System and Running Costs
There is no setup cost to the Landlord or Property Manager for the implementation of the Cost per Transaction Model System. The only setup costs will be the purchase and installation of Meter Mate Prepaid Meters. Costs of issuing Number Vouchers are recovered in the admin fee charged.
NB! The Vouchers can be made out for any amount of electrical units. The amount of 100 above is just an illustrative example.