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Price per unit on coin meter

2

Comments

  • Magentasue
    Magentasue Posts: 4,229 Forumite
    It's not the coin meter that's the issue, although that might put some people off renting a place. The issue is that he would seem to be making a profit from it.

    Don't blame you for not wanting to make a fuss. I wouldn't either although I'd know I should.
  • Cardew
    Cardew Posts: 29,063 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    I am not clear why the OP has started a thread to find out if he is being 'ripped off, if he doesn't intend to find out the answer or do anything about the situation if he is being 'ripped-off'

    In all probability the 4 tenants are being overcharged by 40-50%.
  • richardc1983
    richardc1983 Posts: 2,163 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    @ cardrew because it depends how much I am being ripped off by if its ten pence here and there am not too fussed but if you say im paying 50% more then i perhaps will do something about it.
    If you found my post helpful, please remember to press the THANKS button! --->
  • Cardew
    Cardew Posts: 29,063 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    You cannot find out what you should be paying unless you see all the bills, and it is no good just looking at the latest summer bill.

    The factors are, what company, what tariff, what area, and how much electricity the 4 of you use in a year.

    I don't think any company charges much more than 12p for Tier 2 and some are as low as 7p.

    Assuming the 4 of you have electric heating? you will use a lot of electricity and the extra for Tier 1 will only have a small effect on that overall price.
  • richardc1983
    richardc1983 Posts: 2,163 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    We have gas central heating included in the price of the rent but this is off one system so when thats off we use electric heaters for occasional use during the day
    If you found my post helpful, please remember to press the THANKS button! --->
  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Check on the internet and find a range of prices from different suppliers for tier 1 and tier 2 prices. Even if you take the most expensive that is the maximum he can charge. Have a look at this http://www.plymouth.ac.uk/files/extranet/docs/ACC/Landlords%20Advice%20-%20Tenancy%20Issues.pdf it even says that tenants have the right to claim back any overpayment.
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
  • hello everyone, first of all thanks for touching this topic. i live in a flat where we have coin meter installed and exactly same situation happened to me. my landlord came over and said he has to adjust the meter because of electricity prices rise. Before I put 7 pounds per week (roughly) and now i'm forced to feed this silly meter 14 pounds per week. I don't really think it's normal. i'm going to ask him about bill because I know he is ripping people off out there anyway.
    Does anyone know if there is some law procedures, regulations according to the drop-coin meters installed in flats?
    thanks
  • Cardew
    Cardew Posts: 29,063 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    hello everyone, first of all thanks for touching this topic. i live in a flat where we have coin meter installed and exactly same situation happened to me. my landlord came over and said he has to adjust the meter because of electricity prices rise. Before I put 7 pounds per week (roughly) and now i'm forced to feed this silly meter 14 pounds per week. I don't really think it's normal. i'm going to ask him about bill because I know he is ripping people off out there anyway.
    Does anyone know if there is some law procedures, regulations according to the drop-coin meters installed in flats?
    thanks

    http://www.ofgem.gov.uk/Consumers/Documents1/1970-mrp.pdf

    Maximum resale price applies when any person buys
    gas or electricity from an authorised supplier and
    resells it to someone else for domestic use. It applies,
    for example, when a landlord resells gas or electricity
    to tenants in rented accommodation,
  • hello everyone, first of all thanks for touching this topic. i live in a flat where we have coin meter installed and exactly same situation happened to me. my landlord came over and said he has to adjust the meter because of electricity prices rise. Before I put 7 pounds per week (roughly) and now i'm forced to feed this silly meter 14 pounds per week. I don't really think it's normal. i'm going to ask him about bill because I know he is ripping people off out there anyway.
    Does anyone know if there is some law procedures, regulations according to the drop-coin meters installed in flats?
    thanks


    Thank you, at least I am not the only one who is having these same problems. I dont even use that much electricity but were spending about £12 a week now on electricity! We dont even have electric heating!
    If you found my post helpful, please remember to press the THANKS button! --->
  • I'd like to ad that a landlord can legally increase the price of electricity in fact he can even split the amperage and sell the same electric supply to multiple tenants.
    eg: a 13 Amp supply can be split and the same input flow will be paid, but 2 tenants will be paying for just over 6 Amps each, but they can be charged the full rate! this is legal..
    SL...
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