Sub metering works where someone wants to share an existing (metered) MAIN supply of electricity or water with others. Some landlords are cutting their install costs by as much as 50% with electric sub meters. Sub meters are inexpensive and can be installed using much of the existing infrastructure and without running new supply cables to a property. If your property has been correctly wired with each section on its own circuit, then installing a sub meter is a relatively straightforward exercise.

The advantages of electric sub meters include: easy control of bills, reduced administration and risk, cheaper meters and faster installation, an option to set your tariff so that tenants pay the Metro Prepaid 10% (Metro Code value) service fee, improved cash flow, water used through the sub meter is paid back to owner and there are consumption reports available.

The electric sub meter is installed with it’s own consumer board, where needed, and to top-up their electricity, the tenant will have to go to any PayPoint store (e.g. Co-op) with a meter card or a 19 digit PayPoint barcode to get their recharge pin. Tenants can also top-up their electricity through online payments, transfers through Barclays or get Power Codes from here.