Power Tokens
Tenants, landlords and homeowners will find power tokens a very convenient way to curb their electricity expenses. The good thing about using the power token system is that you know, on a daily basis, how much you are spending on your power bill.
It doesn’t matter what emission controlling systems that are installed, the burning of coal will always pollute the air that we breathe. So it stands to reason the less electricity we use, the less coal we burn, the less we pollute our environment.
If you have to buy a power token every day you will certainly take notice of your consumption. You can even work out which appliances use more power than others and therefore limit your use of the less economical ones.
Tourism is also a major industry world wide. How many people do you know when leaving their motel room make the effort to turn off the air-conditioner and lights? Not many I’ll bet. Why bother, they don’t have to pay for it, or perhaps they rationalize that they have already paid for it in their accommodation costs.
Power tokens or pre-paid electricity meters would be compulsory if our governments were serious about reducing pollution and greenhouse emissions. But while there is still coal in the ground the power companies and the governments will keep on making money by burning the coal.
One of the problems of renting to permanent residents is that they always leave their lights, air-conditioners or fans on all day. Why should they turn them off? They don’t have to pay for the electricity, and we as the landlords get hit with unnecessarily high power bills.
By using the a power token system the tenant pays for what he uses, we are able to keep rents down due to lower costs, and it is keeping the Environmentalists happy, because the tenant is less likely to waste power because he is paying for it.
A friend of mine owns an 80 room motel, most of these rooms are rented out to permanent residents. He was complaining to me that his tenants leave their air-conditioners on all day, whether they are in their rooms or not. His power bill was in excess of $9,000 per month.
After installing pre-paid meters to his rooms his bill has dropped to $2,000 per month, and he makes a profit from selling the power tokens to he tenants. The cost of the installation of the pre-paid meters was recouped in less than 3 months, and he is doing his bit to reduce greenhouse emissions.
Related Reading:
Tags: power tokens