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Everyones a bit concerned, naturally so, about the impending 60% tariff rate hike on electricity prices. This on the back of the load shedding we're experiencing Eskom is not the most popular company. But it seems that every dark cloud does have a silver lining as sales on our Prepaid Electricity Meters is up quite dramatically since the news of the price increase. Seems landlords are realizing that if electricity prices go up then they will have even heavier bills to collect from tenants. Which is not wrong and I think even more so a problem when I consider that Winter is nearly upon us.
I've been selling privately owned, secondary, prepaid meters for over a year now and I must say that while the initial uptake was slower than I expected to start with, the sales have been steadily increasing. Touch wood I have yet to have any problems with faulty devices. Probably a testament to the quality of the meters themselves. With so many meters out there we are now starting to get customers returning for more units on a regular basis. Some clients have also given positive feedback which is also encouraging. Anyway, I published a new article on the Prepaid Meters website called "Landlords Reach to Private Prepaid Electricity Solutions to Manage Risk ". First one in many moons, I think it also gives some hint as to why the municipal option is a non-option for landlords. Point is, amongst all the gloom and doom relating to the electricity crisis there seems to be money to be made. Now, if I could just bloody-well find a nice cheap, easy to install power backup and generator solution, perhaps I would not have to type messages like this using my laptop. Darn, laptop batteries suck in big chunks, they never hold as long as advertised. Anyway, if you read the article and have some thoughts or ideas for solutions, leave me a comment. Cheers.
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