There's great news below for Landlords of HMOs (houses of multiple occupations), Housing Associations, outside rooms and sheds, caravan parks, mobile homes, boat moorings or multi-tenanted commercial buildings or business parks.
The “eat all you can” model of bundling electricity costs in with the rental is imperfect, it effectively penalizes those tenants that conserve electricity - whilst others enjoy a free ride. Electric sub meters allow tenants to manage their costs and choose when to top up in increments that suit their budget.
Installing electric sub meters typically halves electricity bills as tenants as they are aware of what they use and can control it. No unexpected large bills.
Metro Prepaid meters remove the overhead and time associated with supplying cards and managing petty cash, removing the need to check for knock-off cards, or read check-meters.
As well as no petty cash to reconcile, Metro Prepaid delivers comprehensive reports which simplify bank reconciliations.
Tenants appreciate the opportunity to better manage their usage and the convenience of purchasing electricity online or at any one of almost 30,000 PayPoint outlets (includes Asda, Sainsbury’s, Tesco, Coop, Spar, McColls)
Installing electric sub meters typically halves electricity bills, raising a property's net income and once a capitalization rate has been applied, the property’s valuation.
Metro Prepaid Help Desk is available 24/7 to assist your tenants, saving you time.
Metro Prepaid supply reliable, durable meters with a 3 year warranty. The benefits of prepaid coin, card and credit meters all rolled into one. Life is simpler for tenants with no key or smart card required.
As well as the actual usage, there is the option to set the recovery tariff so that tenants pay the service fee when they top-up.
The Metro Codes are unique to your meter and very secure. Emergency credit is even available if the tenants forget to top-up.
Metro Prepaid Support