About Prepaid Electric
Meinroux Trading Services (Pty) Ltd trading as Prepaid Electric is a Pretoria based company, specifically aimed at investors serviced by the City of Tshwane Metropolitan Municipality or any of its subsidiary electricity suppliers.
Prepaid Electric is owned by Wayne and Drika Dennison and was established at the beginning of 2010 after Wayne identified a solution for the predicament that Investors and property managers alike, find themselves in when tenants move and leave unpaid electricity bills.
PREPAID ELECTRIC was formed to assist Investors and Managing Agents to curb this problem with the use of PREPAID SUB METERING. Our Prepaid meters are STS (Standard Transfer Specification)
compliant and therefore fully approved and backed by Eskom. Our SUB METERING solution includes electricity and water and is ideal for many real-estate applications including Residential (buy-to-let) properties, Granny flats, Student Communes, Body Corporates, Retail and Office Parks, Property developments, Hospitality accommodation, Rental Estate agents and Sports Facilities.
The majority of Investors are not aware of the fact that the City of Tshwane Metropolitan Municipality transfers unpaid tenant electricity bills to the owner's rates account. The Municipality warrants this action by a clause (Municipal Bylaw 118) in the electricity agreement which states that it is the Owner of a property's duty to ensure that his/her tenant remains up to date regarding their electricity account.
If the Owner fails to do so, he/she becomes liable for the account.
PREPAID ELECTRIC not only installs prepaid meters but also offer a full management solution with regards to the tenant as well as the payment of utility bills.