Dual Fuel Problem

goldendoe

Hi

When we moved into our house ten years ago, it already had an electic prepayment meter. All these years later, after using it because we couldn't be bothered to change it, we want to switch to another supplier who will supply both Electic and Gas. Problem is, none of the suppliers let you register if you have a repayment meter insitsu? They just dont want to know? Does this mean that my best cause of action would be to PAY, yes, PAY to get our current electrical supplier to swap us over first before switching? Suddenly seems like too much hassle but your thoughts and comments would be appreciated.

Thanks

GD

KimYeovil

Why not? Who else should pay for the change? Presumably you want to change to take advantage of cheaper tariffs/deals. If you want direct debit discounts then surely you don't expect those customers to subsidise your change of meter?

I'm sure there are companies that exchange meters with no charge - but usually they will ask for a security deposit.

Premier_2

I'm not sure what your issue is?

Most suppliers will allow you to switch to them with a pre-payment meter (as long as there is no outstanding debt)

Or are you just wanting to change to a credit meter? Your current supplier will arrange this subject to status, or contact a new supplier who may agree to change the meter once you switch your custom to them - they'll usually expect you to be with them a while or will want a security deposit. If you agree to pay monthly by DD, the requirement for a security deposit is usually waived. A new supplier may carry out a credit check before agreeing to supply you with a credit meter.

Or you could switch to the supplier that charges the same wahtever type of meter you have
(again presuming no outstanding debt)

Vestra

This happens all the time with me, customers coming over to us on prepayment then wanting the meters changed once on supply with us as we don't charge for the change.

credit_crunch_victim

i had ppm's with BG and EON and i am in the process of changing them both over to BG
they did the gas meter this monday and are taking my electricity supply over at the end of the month
i then just need to book for a meter switch foc
Eon wanted 50-00 even though i have been with them for 12 years
BG did a credit check and i will be setting up my dd as soon as i have a months useage
it has not been hard to do and we are looking at saving a minimum of 350 a year

littletommytucker

British Gas will change your meter from credit to prepayment free of charge. If you failed a credit check you would be required to either pay a £125 security deposit, or set up a monthly DD. And your credit file has to be pretty bad to fail the credit check.

Current timescale for PP to Credit meter exhange is 7 working days.

SwanJon

ltt - your PP knowledge is a bit out of date.
The security deposit depends on your consumption, and if they don't have any it is £300 for gas and £200 for ele, paid back with interest at 1% below the BoE base rate (which just dropped 1.5%).
I've heard of plenty of people who were sure they had good credit history but didn't pass.
If you have been on quarterly bills with them in the last 6 months and all bills were fine they won't need to do either.