We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Keymeter v Quaterly Bill Post Debt

Gareth78
Gareth78 Posts: 58 Forumite
Hi all,

I've just finished paying a £1800 debt to British Gas for my electricity supply after they failed to send me a bill to my new address for 4 years even though i kept asking them to do so.

Anyway, thats by-the-by, I paid the debt off at a rate of £10 per week by getting them to install a key meter into which i paid approximately £120 per month (of which approx £40 per month was taken as the debt).

I assume that if i stay on the key meter, i will now put £80 per month into it now that the debt has been paid. So really, as I have no previous quaterly bills to compare with, I am wondering if it will benefit me switching to a quaterly bill or to stay with the key meter.

I have a six room, fairly large flat with everything bar the gas fire and 4 rings on the hob as elecrically powered. (My quarterly gas bill is never more than £20 even in winter).

Also, knowing how much I am using (i.e. for budgeting reasons) is not really an issue, I just wondered if anyone had any advice or previous experience they could share.

Thanks in advance.

Comments

  • KimYeovil
    KimYeovil Posts: 6,156 Forumite
    1,000 Posts Combo Breaker
    Electricity varies a lot regionally but I imagine you could save in the order of 25% off your bill switching to British Gas Click 6 or other direct debit credit meter tariff.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.8K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.4K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.