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Converting electricity meters

Discussion in 'Real Estate' started by Jacque, 11th Jan, 2007.

  1. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    Would anyone have a ballpark figure for the cost of installing separate electricity meters in units, as one of the provisions of allowing them to be separately strata titled? Units are 35 yrs old and the current elec box for the whole block of six is the original one.
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,623
    Location:
    Sydney, Australia
    When I looked into rewiring one of my townhouses - I was originally quoted $10,000+ by our electrician ... I've sinced discovered there's a name for those kinds of quotes ... it's a "I really really really don't want to do that" quote.

    New property manager re-investigated the issue several years later, and in the end I was charged $2750 to rewire the two units and split the electricity into separate metres. This was in late 2005 in Adelaide.