pre paid electricity

[marco]

when we bought the house the pre payment meter was in so we just took over and carried on,this was some 10 yers ago and its quite noticable how much little you get for £10 now as you did back then,on the plus side you dont get a heavy winter bill to pay, i think now its time to have it taken out and a regular meter installed,does anyone know what kind of savings i could make by doing this,im sure there is some charge on the pre payment for maintaining these meters and most likely the highest costs,any advice would be welcome

 

[Uncle Wally One Ball]

Known to be more expensive and regularly criticised by the watchdog for it

Families with prepay energy meters are overcharged by £250m every year

Households who prepay for their energy are paying up to £200 more on their bills each year than official figures suggest they should, data from Bulb Energy has revealed.

www.thisismoney.co.uk

 

[talkativesprout]

We use Utilita smart meters, done switch comparisons off our actual usage and the savings on the cheapest alternative was pennies. If i remember correctly the alternative had shocking reviews on customer service if things went wrong. No standing charge as far as i can see to have the meters either

 

[Johnny Mars Bar]

I may have imaged this, but I'm sure my gran had a pre-paid electric meter when I was a kid, and to top it up she used to buy plastic 'keys' from the corner shop. This would've been in the early 90s.

Was this a thing? In my memory they were bright blue.

Edit. A quick Google informs me it was gas.

As you were.

 

[Scottyboi]

Use topcashback to sign up to any new provider.

 

[Summerbuzz]

Get on to them and check your balance. You might well have been overpaying. I found out I was 150 in credit a couple of years back when I switched to a meter. They cut me a check.

 

[Marklr]

I've got a pre-pay meter but the housing were doing some work and they must have damaged it as the display has gone......i get free electric now. Don't tell any one though...shhhh.

 

[Mazzarelli's Swiss Cheese]

It's expensive being poor - meters are a way of fucking over those at the bottom of the economic ladder. It should be mandatory to provide an electricity supply, and if the provider has concerns about the credit worthiness of the customer, then by all means fit a meter but at the providers expense as a form of insurance. The metered rate should be the same as standard tariff.

 

[stonerblue]

fuck the meter off, have a look at 'octopus' for supplier, pay monthly standing order to avoid bills.
Think i still have a link to Octopus that gives me and any new customer that signs up from it some free credits.

 

[grunge]

Pre paid are far more expensive.