Prepay or not to Prepay

mr_happy_3

Can someone tell me which is cheaper for Electric, A prepayment meter or Direct Debit?.

I know its obvious that DD is cheaper But im not so sure that would it work out cheaper in the long term and i dont like using online accounts.

Also im thinking of having a gas pp meter installed to save me having to pay a hugh bill each qtr.

Your thoughts please.............

DUTR

Well it's the company that is sending you bills not the forum, that said, if you have a credit meter then stick with it and seek a DD tariff, some companies are reluctant to remove a PP meter and hence possibly why they are telling you that.

Premier_2

mr_happy wrote: »

Can someone tell me which is cheaper for electric, A prepayment meter or Direct Debit?.the electric company say, the meter and yet martins money tips say not Who is right?.

Why not use a comparison site and discover for yourself?

DUTR

Premier wrote: »

Why not use a comparison site and discover for yourself?

I'm not holding toomuch faith in comparison sites, your current company is rarely in the mix, and the sites showing spending more than I actually have (I don't have estimated bills)

KimYeovil

DUTR wrote: »

I'm not holding toomuch faith in comparison sites, your current company is rarely in the mix, and the sites showing spending more than I actually have (I don't have estimated bills)

Think you have that the wrong way round. Can you provide one single example?

DUTR

KimYeovil wrote: »

Think you have that the wrong way round. Can you provide one single example?

I input the usage into the uswitch site, input npower for leccy and BG for gas, my actual paid gas bills were under £700 for the last 12 months, the sites show I paid over that, it shows 1st utility as the cheapest, then you input again the details but indicate you are with FU, then it shows npower signonline 20 as the cheaper


[FONT=Verdana, Arial, Helvetica, sans-serif]The results from your Dual comparison on 04/12/2010[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Supplier[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Plan[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Annual
price [/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Saving[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]First Utility[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] iSave Dual Fuel V6[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £915.52[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £6.63[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] E.ON[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] E.ON SaveOnline 4 Dual Fuel[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £915.53[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £6.62[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] ScottishPower[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] Online Energy Saver 12 Dual Fuel[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £933.97[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £-11.82[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] EDF Energy[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] Online S@ver 7 Dual Fuel[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £934.91[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £-12.76[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] OVO Energy[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] New Energy Fixed Dual Fuel[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £978.06[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £-55.91[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT]or

[FONT=Verdana, Arial, Helvetica, sans-serif]Supplier[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Plan[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Annual
price [/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Saving[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]npower[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] Sign Online Dual Fuel 20[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £838.91[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £171.61[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] First Utility[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] iSave Dual Fuel V6[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £844.17[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £166.35[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] E.ON[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] E.ON SaveOnline 4 Dual Fuel[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £845.07[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £165.45[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] EDF Energy[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] Online S@ver 7 Dual Fuel[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £868.61[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £141.90[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] ScottishPower[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] Online Energy Saver 12 Dual Fuel[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif] £868.64[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif] £141.88[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
[/FONT]

t0rt0ise

Prepayment meters nowadays generally charge the standard rate. Online direct debit deals will always be cheaper.