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.

Getting rid of Prepayment Meters

Hi,

Can anyone advise me on this. I have had prepayment meters for both gas and electricity for a long time. I have never switched, but recently had a look at it, and the biggest saving I can get is about 250 pounds, switching both, staying on the prepayment meters.
The question is if I got rid of them would I make more savings as at the moment when comparing they all come up with me staying with PP. I would like to see if there is a better saving to be made as a first timer. I am with British Gas and Scottish Power. Would they charge me for changing the meter?

Thanks
Sealed pot Challenge 2011 member No 1241 - Final total £154.21
Sealed Pot Challenge 2012 - No.

Comments

  • t0rt0ise
    t0rt0ise Posts: 4,350 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    British Gas generally don't charge to change the meter. I don't know about Scottish Power but I think they probably do. You will save by changing to an ordinary meter on the cheapest tariff, paying by direct debit.
  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Why not put you consumption into the comparison sites by as a credit meter customer. That will tell you how much you can save if you had a CR meter. If you save enough and you were charged £50 per meter you could still well be in pocket in the first year.

    Remember you will need to pass a credit check to get a CR meter.
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
  • Thanks for your help - duh! why didn't I think of putting the details in as a credit meter customer. Off to do that and see what I get. Good to know SG won't charge so thanks.
    Sealed pot Challenge 2011 member No 1241 - Final total £154.21
    Sealed Pot Challenge 2012 - No.
  • j1mgg
    j1mgg Posts: 124 Forumite
    I can confirm that BG will take it out for free but i had to make 2 appointments before they actually turned up and scottish power will want £40 for taking it out.
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    j1mgg wrote: »
    I can confirm that BG will take it out for free but i had to make 2 appointments before they actually turned up and scottish power will want £40 for taking it out.

    Wow - all this since 4.21pm yesterday?
    https://forums.moneysavingexpert.com/discussion/3011148

    Or are you starting new thread to ask questions you already know the answers to?
    "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
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.3K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support 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.