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Cheapest pre pay

Quinny_2
Quinny_2 Posts: 1,351 Forumite
Let me explain.....

Our daughter has just got her first housing association property, in which both utilities are by N Power. She is paying a standing charge of 44p per day, and because we are decorating it, she's not living in it yet full time, and only using the gas and electric when we are there which is around 3-6 hours per week. It would appear that the standing charge is eating her credit.

Is there a supplier that doesn't have a standing charge for pre pay and will it actually work out cheaper?
That's my mutt in the picture above.

Comments

  • penrhyn
    penrhyn Posts: 15,215 Forumite
    Part of the Furniture Combo Breaker
    You could check out Ebico, they have a flat rate for gas and electricity with no standing charge. in fact they charge the same no matter how you pay.

    For most people unless you are a low user they are not that competitive.
    That gum you like is coming back in style.
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Yep, Ebico for a flat rate charge so standing charges at all.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Hydro dont have a standing charge on the quantum/pre-pay meters.
  • but overall british gas is the cheapest for pre pay electric at the mo and npower is one of the most expensive
  • t0rt0ise
    t0rt0ise Posts: 4,351 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Don't forget that it takes about 4 weeks to change suppliers so it's not a quick fix.
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