Lease mechanics
Meter Reading
A meter reading is the page count recorded by a leased printer, used to calculate the cost-per-page charges billed each month.
A meter reading on a leased printer or copier is the cumulative page count recorded by the device internal counter, capturing the total impressions produced since manufacture.
Lease agreements use meter readings, submitted monthly either manually by staff or automatically via remote diagnostics, to calculate the cost-per-page charges billed for that period.
Automatic meter submission via remote diagnostics removes the risk of an estimated or missed read, and it is a standard inclusion in managed-print leases on the Mid North Coast.
In short
- The running page count the device keeps.
- Drives the monthly cost-per-page billing.
- Submitted automatically on managed-print leases.
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Related terms
- Cost Per Page (CPP)Cost per page (CPP) is the per-impression charge billed for each page a leased printer produces, covering toner and the consumable component of the contract.
- Remote DiagnosticsRemote diagnostics is the secure, automated monitoring of a leased printer so faults and low toner are caught before they cause downtime.
- Managed Print Services (MPS)Managed print services (MPS) is an arrangement where one provider supplies, maintains, and supports your whole print fleet under a single contract.
- Operating LeaseAn operating lease lets a business use equipment such as a printer for a fixed term and return it at the end, without taking ownership.
- Finance LeaseA finance lease is an agreement under which a business effectively finances the purchase of equipment and carries most of the risks of ownership.
Enquired on Monday and had a printer installed by Friday. Fast, easy, and exactly what we needed.
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