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Prepaid energy helps distributors maintain financial viability by providing a solution that eliminates late payments and non-payments, eliminates the need for meter reading and disconnection, streamlines the billing process, reduces energy theft, and significantly reduces overall costs of supplying energy to consumers. Additionally, prepaid energy helps eradicate energy debt because 20% of prepayments by delinquent accounts goes toward debt reduction.
The BigBenefits:
• Get and keep paying customers
• Boost profitability by pivoting from post payment to prepayment
• Collect on debt - 20% of each prepayment goes to debt retirement for the delinquent account
• Reduce & disincentivize energy theft
