• PREPAID METER APPLICATION FORM:

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  • Property Owner Details

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  • Meter Installation Address


  • Meter Information

  • Description of Meters on Statement

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  • Payment Information

    Money vended by tenants on the prepaid meters is Received by Prepaid Electric, This money must be utilised to pay the municipal bill of the property.
  • Monthly Management - R35 per Meter p/m

    Send You Monthly Statements / Access to Vending Software(Download own Report) / Disable & Enable Vending
  • Levy Collection Included with the R35 per Meter p/m

    Prepaid Electric will collect the following levies via the Prepaid Electricity Meter / Levy Collection gets preference over Electricity & Water Purchases
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    TERMS & CONDITIONS
     

    1. Authorisation: I/We hereby declare that the above-mentioned information is correct. I/We hereby appoint Meinroux Trading Services (PTY) LTD Trading as Prepaid Electric (Further referred to as Prepaid Electric) to manage and control the sales of services for the above mentioned property. I/We undertake to notify Prepaid Electric of any change of the above details in writing. Prepaid Electric assumes no responsibility for incorrect information on application forms e.g. incorrect municipal account number or incorrect bank details.

     2. Meter Tariffs: Prepaid Electric adheres to the code of practice as laid out by NERSA (National Energy Regulator of South Africa). All our meters are correctly programmed as per the tariffs schedules of the various municipalities. We do not tolerate unfair billing.

     3. Service and penalty fees: I acknowledge that there is a per transaction services fee of 10% (Excluding VAT and third party vending charges) depending on vending channel used. (The cheapest vending option is registering for EFT purchases via SMS). This will be deducted from each transaction request. This is a cost for tenants and will not affect the electricity pay-out.

     4. Liability: Prepaid Electric only renders a service to Owners/Investors and will not be held responsible for any disputes between an Owner/Investor and his/her Tenants, or for any legal actions taken by Tenants. Prepaid Electric assists an owner/landlord to manage his property with the use of prepaid meters, but cannot be held liable for any outstanding accounts since there are numerous reasons as to why an account can be in arrears. Prepaid Electric cannot be held responsible for incorrect or estimated meter readings from the various municipalities. Prepaid Electric’s responsibility is to ensure that we pay all the money received via prepaid meters/levy debit orders to the selected payment option as per the application.

     5. Monthly Management Fees: All clients liable for monthly fees are to pay them via debit order or annually in advance.  Should the debit order be returned for whatever reason as unpaid, a fine of R50 (subject to change) will apply. Prepaid Electric reserves the right to deduct all outstanding management fees from the electricity pay-out. Accounts falling in arrears as a result, will remain the owner’s responsibility.

     

    I have read and understood the Terms and Conditions as stored on our website which can be downloaded from www.prepaidelectric.co.za

     6. Please Note: Supply us with an attachment of your ID or Passport, also attach herewith a copy of your Municipal Statement. Email: Admin@prepaidelectric.co.za 

  • I,   *   *   herewith certify that the above information is true and correct. Signed at * on this day Pick a Date*   

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