“After setting up well over 1000 HMO rooms and many years as a property trainer, I know that the all-in model with free electricity that many HMO owners adopt is flawed. It drives the wrong behaviour, with tenants not switching off appliances using electric heaters whilst leaving the windows wide open or worse taking a long weekend in Greece and leaving the appliances running. Savvy landlords have been sub metering their tenants for years. Coin meters have the disadvantage of requiring emptying and attract theft and damage to the meter. Card meters have the disadvantage of administrating the sale of cards and dealing with knock off cards and all meters have the problem of being bypassed. Metro meters remove the need to supply cards, the tenant can purchase electricity online or at any Pay point and provide monthly account of usage so if a tenant is not paying it can easily be identified. They are also far cheaper to purchase. Whenever I fit card meters to rooms I find the electric use by the household drops by nearly half, a positive contribution to cutting energy costs and helping energy conservation. I am now fitting Metro meters to all my properties.
Jim Haliburton - HMO Daddy
"The beauty of it [Metro Prepaid electric sub meter] is that they [Tenants] can buy on any PayPoint, buy online via transfer on Barclays, or they can actually go on the website...
...it has made it more convenient for Landlords to control their bills. More importantly, it’s made the Tenant more aware of what they’re using.
This could have a positive effect on the commercial evaluation of your property. If an evaluator sees that you’ve put in six or seven of the Metro Prepaid electric sub meters, then you could potentially argue that your property is no longer just a standard dwelling – potentially valuing your property on a commercial valuation.”
- Arsh Ellahi
“Dan answered my email and call and dealt with my questions promptly, one of the better helplines I've come across."
- Mold Warp
Metro Prepaid Support