Pre pay meter prices

badger12

Hi

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

Thanks

patman99

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.

Joyful

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.

t0rt0ise

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

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.

badger12

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

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.

badger12

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?

markharding557

badger12 wrote: »

Soz!



..... and the difference is?

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