Is it possible to put in prepaid meters?
Electrical meters will be very tricky in sectional title building like Colosseum. The electricity comes into the building in a bulk supply and is then allocated by Trafalgar to the units. We will follow up on our side and see what can be done.
One way that we can see it being done is that all the owners agree to have prepaid meters installed into all the units. The cost of the council meters are about R3500, so this is going to be a really big hurdle for most of the owners, especially the ones that are still battling to get tenants that the rents that they want.
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