Billing Company |
The details of the individual or Body Corporate that will get monies paid to them, so that the bulk bill can be paid |
Registration Form |
The Form which must be completed by every person on the system |
Bulk Bill |
This is the municipalities, bulk electricity supply into a complex |
Property Managers |
The people responsible to pay the municipality account |
End User |
The person who is buying electricity through us |
Residential Property |
These are houses |
Commercial Property |
Offices, factories |
Tokens |
This is a 20 digit number, encrypted number which gets generated for electricity |
Municipality |
The entity that provides electricity |
Eskom |
Provider of electricity |
Vending |
Refers to someone who is generating the token on behalf of the end user |
Property Developer |
The person who is developing land for residential or commercial properties |
Deposit |
An amount payable to netVendor, should the end user’s money RD |
FBE |
Free Basic Electricity, which is given to selected people, based on income |
Government Token |
Same as above |
Meter readers |
The people employed to read the actual meter at the residence |
Private Metering |
A company like netVendor, that manages the electricity consumption in a complex |
Key Change Tokens (KCT) |
This is a token generated to re-program a meter |
Supply Group Code (SGC) |
This is a code unique to every pre-payment company. It is issued by Eskom |