Estate Living Magazine Invest SA - Issue 45 September 2019 | Page 62

L I V E S M A R T The implications for rental properties and bodies corporate are significant. ‘Prepaid metering reduces admin to a minimum, while removing the risk and frustration of late or non-payment of water bills,’ Thulsidas says. ‘This is why housing estates are swiftly moving to prepaid water, as they did with prepaid electricity. Gone are the days of splitting the entire estate’s water bill by the number of units. Prepaid metering means that users pay for their consumption only.’ Communication is the final piece in this digital integration puzzle. Once the information is gathered at the back end, and digested and interpreted in the smart system, how is it presented to the end user? Increasingly, that end user (in this case, the home owner) is choosing the delivery mechanism that he or she prefers the most. One home owner might want WhatsApp messages; another might opt for email; their neighbour might want to receive a notification through an app or on their wearable device. The delivery mechanism will depend on the individual. All that matters is that the information is accurate, up-to-date and user-friendly. BRONX, NEW YORK, USA — Bigbelly is a solar-powered waste recep- tacle with sensors measuring fill levels and relaying data to facility managers. system of the energy model and the platform necessary for the transition toward a decarbonised economy based on renewable energies. Leading this transition and making it a reality require a tariff framework that fosters quality and efficiency, incentivises digitalisation and promotes innovation.’ South African residential developments are now moving in this direction too, using technology to manage facilities and utilities more effectively and cost-efficiently through smart data collection. For today’s – and tomorrow’s – communities, the estate experience needs to be about integration. Residents want to know what their water bill is right now, and what it will be when payment is due. They want that payment to be cashless and easy, and they want to know that the readings are accurate. They want to know who’s waiting at the gate, wanting to visit. They want seamless access control, and they want to know that unwanted visitors are kept out. They want easy use of the gym. They want to know when maintenance is going to be done – and completed – on their home and on the estate clubhouse. They want all of this, and they want it in one place. That’s not too much to ask. And in some parts of the world, they can have it today. Mark van Dijk Prepaid water meters – managed by the resident or home owner via a mobile app – are one example. ‘Prepaid water means that the consumer purchases water credit in the form of a prepaid water token,’ explains Marcus Thulsidas, Director of Business Development at smart metering systems provider Utility Systems. ‘When entered into the user interface unit (located in the consumer’s home), the token instructs the water management device to allow a certain amount of water through the meter before closing. Consumers can track usage, load credit remotely, and decrease the possibility of bill shock due to leakages or incorrect monitoring.’ Wearable payment device