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Smart water meters. Water Utility Solutions’ rent-to-own model.

An increasingly scarce and essential basic service, water supply is being threatened all over the world. Despite this, water is still being used and wasted as if the taps will never run dry. 

In sectional title schemes, managing water usage is essential. Body corporates, homeowners associations, and property owners associations may be responsible for thousands of rands in fees and expenses if this resource is not properly managed.

Rent-to-Own Water Meters for both Smart and Prepaid

Smart water meters are a necessary device in large properties. They help tenants and landlords better track their water usage. Without a smart water meter, overuse and other problems with the use of water may arise, draining building and maintenance budgets. 

Our smart water management solution eliminates this. 

Our rent-to-own water meter financing model is a smart way to avoid the expenses associated with purchasing and installing individual water meters. The rent-to-buy smart water metering solution for sectional title schemes from Water Utility Solutions will cover any shortfall for just R69 per month/meter over a ten-year period. For an additional fee, we also provide maintenance and management services for smart water meters, depending on the project size.

Rent-to-Own Finance Solution

R69 pm/per meter

 

Over 10 years

R0 – R500k (36 months + interest*)
R500k – R1M (48 months + interest*)
R1M > (60 months + interest*)
No installation

Includes – installation

              – cost of meter

              – meter management

              – meter reading

              – meter maintenance

              – communication with CoCT 

Additional fees – meter management

                        – meter maintenance

No trustee, BC, HOA, or POA liability No capital investment risk

*interest charged at prime + 1%

This solution gives the trustees of BCs, HOAs, and POAs carte blanche in the decision-making process regarding the installation of essential service devices on the property. Other advantages of this solution include no trustee, BC, HOA, or POA liability; this is retained by Water Utility Solutions. Moreover, we will ensure that you remain compliant with the City of Cape Town’s water amendment by-law.

Smart Water Meter Financing Solution

If rent-to-own is not a viable solution to your current sectional title water utility management issues, Water Utility Solutions also provides smart water financing solutions. We will finance your smart and prepaid water meter. For BCs, HOAs and POAs the financing of the smart devices can be done through the water and sewerage budget. 

The WUS smart water meter financing option covers everything from installation to the cost per meter, meter management, meter reading, and meter maintenance, as well as communicating on your behalf with the City of Cape Town regarding tariff management and reconciliation. 

Our flexible financing options are tailored to meet the unique needs of your sectional title scheme, so you can be sure you’re getting the best solution for your water meter project.

Don’t be a drip!

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