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.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Prepayment electricity meters (glasgow)

WarKirby
WarKirby Posts: 6 Forumite
Hi everyone. I'm located in the east end of glasgow.

I'm currently in debt to scottishpower by a few hundred, for combined gas and electricity. Trying to get this paid off. I don't have any kind of contract, just the normal way where someone takes meter readings now and then.

They're trying to coerce me into getting a prepayment meter installed for my gas and electricity, claiming it's cheaper, so I agreed to it.

But friends have been telling me it's a bad idea, so I'm having second thoughts. That it's more expensive, and dangerous when you can run out of electricity unexpectedly.

The meter installer is due to come on tuesday, so there's still time to cancel it. I'm wondering if I should go ahead or not. Feedback would be appreciated
«1

Comments

  • gazfen2279
    gazfen2279 Posts: 46 Forumite
    Get Them Put In They Great lol
  • Joyful
    Joyful Posts: 2,429 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you have not defaulted on a payment plan and can afford to pay the amount they require monthly then stay as a credit customer. Otherwise the PP meter will be set at an affordable rate. Most suppliers now charge the same for credit and PP customers minus any DD discounts. Check out SP's website for tariff prices.
    Self Employed, Running my Dream Jobs
  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you dont let them fit it voluntarily they may decide to force you to have one which can include them getting a warrant of entry. If this happens it will add another £250-300 to what you owe.
    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).
  • Kilty_2
    Kilty_2 Posts: 5,818 Forumite
    It's hardly dangerous - there is emergency credit available should you run out of electricity.

    The amount remaining is permanently displayed on the meter's LCD screen too.
  • if you owe them money, and have had problems managing fuel bills in the past, then they are a good idea. They will tell you how much debt they will take, and on what day they take it - usually one day a week. If you get into the habit of topping up your card/key once a week, and put the same amount on whether or not you are running low, your balance will build up over the summer, so that in winter you will be ok.

    They allow you a much longer time to pay if you have a PPM
    Getting fit for 2013 - Starting weight 10.1.13 88.1kg
    Weight 27.3.13 79.1kg :( weight 2.4.13 79.9kg Weight 24.4.13 77.8kg. 4.6.13 76kg

    BSC member 331
  • spiro wrote: »
    If you dont let them fit it voluntarily they may decide to force you to have one which can include them getting a warrant of entry. If this happens it will add another £250-300 to what you owe.


    Spiro is indeed correct ;)
    Getting fit for 2013 - Starting weight 10.1.13 88.1kg
    Weight 27.3.13 79.1kg :( weight 2.4.13 79.9kg Weight 24.4.13 77.8kg. 4.6.13 76kg

    BSC member 331
  • t0rt0ise
    t0rt0ise Posts: 4,518 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    In my view your friends are right. Prepayment meters are a pain in the wotsit and are much more expensive than the cheapest online tariffs that you can get. I had them here when I moved in and got rid as soon as possible. People say they help manage your money which I suppose they do but you then have to manage your meters instead by way of making sure they never run out. You have to be organised. If you can manage with direct debits you are better staying with that and paying bit by bit that way instead of with cash. You would need to get off the standard tariff though and get the cheapest deal possible.
  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you provide the following information it may help people give you the most relevant advice:
    1) How large is the debt?
    2) How did the debt build up - Estimated bills then a catch up bill or failure to pay bills?
    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).
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    WarKirby wrote: »
    Hi everyone. I'm located in the east end of glasgow.

    I'm currently in debt to scottishpower by a few hundred, for combined gas and electricity. Trying to get this paid off. I don't have any kind of contract, just the normal way where someone takes meter readings now and then.

    They're trying to coerce me into getting a prepayment meter installed for my gas and electricity, claiming it's cheaper, so I agreed to it.

    But friends have been telling me it's a bad idea, so I'm having second thoughts. That it's more expensive, and dangerous when you can run out of electricity unexpectedly.

    The meter installer is due to come on tuesday, so there's still time to cancel it. I'm wondering if I should go ahead or not. Feedback would be appreciated

    If you use their gas and electricity then you are most certainly in a contract with them.
    No free lunch, and no free laptop ;)
  • WarKirby
    WarKirby Posts: 6 Forumite
    Thanks for the replies everyone !
    If you provide the following information it may help people give you the most relevant advice:
    1) How large is the debt?
    2) How did the debt build up - Estimated bills then a catch up bill or failure to pay bills?

    1. Around £500, can't recall exactly
    2. A bit of both, really. my own fault I know. Electricity bills were coming quarterly and they were so big I never had the budget to pay them, so put them off
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only 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.