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switching from prepayment - is it worth it?

Hi I am considering paying to switch from a prepayment meter to monthly direct debits but I am having trouble finding comparisons online. Will it be cheaper for me in the long run?

Comments

  • t0rt0ise
    t0rt0ise Posts: 4,497 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I wouldn't pay to do it but British Gas will change them for free if you pass a credit check and then it's well worth it if you then change to a cheaper tariff.
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Ring your utility comapny and ask what they offer, they usually have a cheaper tarrif of this sort of thing as well as a a DD discount.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • undaunted
    undaunted Posts: 1,870 Forumite
    It's likely to be cheaper yes as DDI tarrifs tend to be discounted on Pre payment / standard tarrifs.

    Shop around if your supplier wont swap it for free - some will
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    PPM's cost the same as Standard tariff. A credit meter will allow you access to online discount and fixed tariffs, which will be cheaper.
    But not recommended if you are not good at managing your billing.
    No free lunch, and no free laptop ;)
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