Benefits

A prepayment solution has great benefits for the utility and the consumer. The concept of electricity revenue management offers electricity utilities a reliable means of collecting revenue upfront and enables new and budget conscious consumers to manage their consumption effectively.

The utility benefits from improved cash flow and reduced financial risk with payment being in advance for the supply of essential services. This results in better cash flow with no bad debts or arrears and operating costs are also reduced due to no meter reading, billing or mailing overheads.

Consumers on the other hand, benefit by being in control of their electricity expenditure as they only pay for what they consume. It allows them to budget for their electricity and avoid bad debts, arrears and disconnection/reconnection costs. In the event of a previous debt, the prepayment system enables consumers to pay back their debt and remain connected.