Optimise the Costs of Utilities
Property owners are faced with a barrage of choices:
Which tariffs are the most applicable?
Adequate metering of key utility supply points.
Left unattended, these will lead to significant cost increases in utility costs across their portfolio. In South Africa, it is common cause that Municipalities generally provide inadequate service to their consumers. For this reason alone, it is imperative to closely monitor and challenge utility costs.
Optimise the Resale of Utilities
Most landlords or management agents become re-sellers of utility services by virtue of the fact they resell these services to their tenants. In the case of Electricity, all tenants have to be charged according to existing municipal by-laws and regulations mandated under the auspices of The National Energy Regulator (NERSA), the current custodian of the Electricity Regulation Act of 2006.
Smart Water Interventions
Sustained water supply is becoming an increasing concern due to poor strategic infrastructure planning and maintenance at both provincial and central government level. “Between 2015 and 2018, Cape Town endured a one-in-400 year drought which took the city of around 4.6 million residents to the brink of “day zero”, a point when Cape Town would run out of water. What ultimately saved the day, was a combination of sustained public communications and innovative engineering solutions.”
Having real time access to your usage with smart metering makes the management of the utility a lot easier. System alerts can trigger early warnings of baselines being exceeded.