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Pre pay meter prices

badger12
badger12 Posts: 37 Forumite
Part of the Furniture
Hi

How is a standing charge incorporated into these and what are people paying per kw with them?

Thanks

Comments

  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Pre-pay meters are usually set at an average of 12% more per KWh than non-prepay meters.
    Bearing in mind that the end user has to pay for their electricity and/or gas in advance, thus saving the energy supplier postage costs for paper billing, you would think it would be cheaper.
    Never Knowingly Understood.

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  • Joyful
    Joyful Posts: 2,429 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Pre payment meters cost the same as credit meters with most suppliers now. The only difference in cost will be extra discounts for Direct debits.

    Prepayment meter customers cost the industry much more. The meters break down more often meaning engineer call outs. Also it costs the suppliers every time someone tops up their meter. I'm sure others will add on more reasons that the PP meters should not be cheaper.
    Self Employed, Running my Dream Jobs
  • t0rt0ise
    t0rt0ise Posts: 4,518 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Joyful wrote: »
    Pre payment meters cost the same as credit meters with most suppliers now. The only difference in cost will be extra discounts for Direct debits.
    Plus the fact that they charge at the standard tariff so you can't opt for the cheaper online tariffs.

    If a standing charge is applied it is taken by the meter daily.
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    badger12 wrote: »
    Hi

    How is a standing charge incorporated into these and what are people paying per kw with them?

    Thanks

    Use a comparison site - it'll show the unit prices for other suppliers in your area. Electricity prices will certainly vary by area ... as does gas sometimes with some suppliers.

    It'll also tell you whether or not a separate standing charge applies.
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • The meters aren't showing a SC but just how much is in there £ wise, how many kw have been used and the flat rate of 23p per kw.
    Pre-pay meters are usually set at an average of 12% more per KWh than non-prepay meters.

    If this is true, then with our landlords supplier the price should be about 10.5p. He is not allowed to profit nor add any admin charges to the price of electricity (we are a caravan site)
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    badger12 wrote: »
    ... (we are a caravan site)

    Anyone know a good source for crystal balls?

    Why didn't you mention this in your OP? Most of the above responses refer to suppliers meters, not private sub-meters.
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • badger12
    badger12 Posts: 37 Forumite
    Part of the Furniture
    Why didn't you mention this in your OP?

    Soz!
    Most of the above responses refer to suppliers meters, not private sub-meters.

    ..... and the difference is?
  • badger12 wrote: »
    Soz!



    ..... and the difference is?
    The meter is set and maintained by your landlord not the supplier
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