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Pre-Payment meters

fiona79
fiona79 Posts: 13 Forumite
I've always had a pre payment meter for my electricity but have been told this is much more expensive that being billed. Is it genuinely cheaper or does it depend on the supplier. I'm currently with British Gas but thinking of switching. If i wanted to change the pre payment meter would it cost me anything and how much?

Comments

  • single_lonely
    single_lonely Posts: 284 Forumite
    my friend had a house not on rent (empty)
    he was paying £2.50 in gas and 1.50 electric a week in charges, even though none was being used (standing charge or something)
    billed is always cheaper than prepayed.
  • t0rt0ise
    t0rt0ise Posts: 4,515 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The tariff on prepayment meters is the same as the standard tariff for other users. It is the most expensive tariff the company has. British Gas will change the meter if you ask. They will run a credit check and if you fail it they will ask for a rather large deposit but if you pass the credit check all is good.
  • mattcanary
    mattcanary Posts: 4,420 Forumite
    I think you are fortunate in this respect that you are with British Gas. They are probably the most flexible supplier in getting prepayment meters removed
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