How prepaid meters can take the shock out of holiday rental utility bills
There’s no denying that this has been a year where people have really had to learn to ‘work smarter’ and embrace new ideas. It has also become a time in which, more than ever, every rand spent really does count.
It’s a fact that prepaid electricity sub-meters can assist landlords and property management agents, including those that focus exclusively on holiday rentals, to work smarter by preventing disputes on utilities bills.
A prepaid meter is a device that helps the user control and regulate the usage of electricity. It works much like a prepaid cellphone, whereby you pay upfront before you use it, therefore eliminating large unexpected monthly bills.
Additionally, and perhaps even more pertinently for the holiday market, these sub-meters can assist in making sure that temporary tenants don’t swallow up all the profits by consuming electricity, thereby causing an exorbitant energy bill during their stay on an all-inclusive expenses basis.
A good holiday rental manager works with their clients to create a tailored solution that’s designed especially with the unique property in mind. Such a manager is always aware that the holiday rental property represents an investment for the owner, and that working together as a team will produce a win-win situation all around.
Here are some useful points to ponder:
- Installing a prepaid electricity sub-meter will assist landlords and their property managers to work together in measuring and monitoring electricity consumption.
- This helps to ensure that the short-term tenants don’t create headaches in the form of unforeseen bills.
- However, it also helps landlords to learn about their target market and plan more effectively to meet their clients’ needs, including reasonable price-setting for the future.
By letting a prepaid electricity sub-meter take care of the economics of the provision of electricity – arguably one of the most basic of amenities that holiday makers would expect – this frees up the landlord and the holiday rental agent to focus on planning around the creation of a premium stay for their guests.
And so, taking this into account, why not consider installing a prepaid electricity sub-meter for your holiday rental property? Whether you are a landlord or a manager, it will be of benefit to you both during the 2020 December holiday season as well as for all holiday seasons in the future.
Source: bizcommunity.com
