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E-on Pre Payment

I had a pre-payment gas meter installed 7th February due to having a debt that I couldnt clear. As it is I am about to go bankrupt and this debt will be included in the bankruptcy so my my balance will be back to nil.

When i asked E-on about the cost of the gas per unit they told me that it wouldnt be more than a standard rate but I beg to differ as my gas useage was around £50 per month and since it was installed I have put £118 onto my card. I appreciate that £32 of this is debt repayment but it is over almost 50% more expensive than the standard rate. I am hoping this may be averaged out through the year.

Once my debt is at nil will I be able to "shop" around for a better tarriff of pre payment rates, is there a price differance in suppliers of gas to pre payment meters.

Any ideas suggestions would be appreciated

Thank you in Advance
BSC no.370 AD March 14
:xmastree:SPC no. 196 target £350 for Christmas '14:xmastree:

Comments

  • Wywth
    Wywth Posts: 5,079 Forumite
    edited 6 March 2013 at 1:23PM
    I had a pre-payment gas meter installed 7th February due to having a debt that I couldnt clear. As it is I am about to go bankrupt and this debt will be included in the bankruptcy so my my balance will be back to nil.

    When i asked E-on about the cost of the gas per unit they told me that it wouldnt be more than a standard rate but I beg to differ as my gas useage was around £50 per month and since it was installed I have put £118 onto my card. I appreciate that £32 of this is debt repayment but it is over almost 50% more expensive than the standard rate. I am hoping this may be averaged out through the year.

    Once my debt is at nil will I be able to "shop" around for a better tarriff of pre payment rates, is there a price differance in suppliers of gas to pre payment meters.

    Any ideas suggestions would be appreciated

    Thank you in Advance

    So how much is the gas per kWh on a PPM and how much is it on the suppliers standard tariff?

    What supply region are you in? (or what is the first part of your postcode?)

    As for shopping around, see here:
    http://www.moneysavingexpert.com/utilities/switch-prepaid-gas-electricity
  • dude89
    dude89 Posts: 191 Forumite
    I had a pre-payment gas meter installed 7th February due to having a debt that I couldnt clear. As it is I am about to go bankrupt and this debt will be included in the bankruptcy so my my balance will be back to nil.

    When i asked E-on about the cost of the gas per unit they told me that it wouldnt be more than a standard rate but I beg to differ as my gas useage was around £50 per month and since it was installed I have put £118 onto my card. I appreciate that £32 of this is debt repayment but it is over almost 50% more expensive than the standard rate. I am hoping this may be averaged out through the year.

    Once my debt is at nil will I be able to "shop" around for a better tarriff of pre payment rates, is there a price differance in suppliers of gas to pre payment meters.

    Any ideas suggestions would be appreciated

    Thank you in Advance

    was £50pm your DD amount? if yes was this covering usage or was this amount still allowing you to build up a debt? if it was allowing you to build up a debt then PPM meters will be charging you for exactly what you use.

    also if £50pm was correct just for your usage then it is likely that you are using more than this at this time of year and then in the summer you would be using less. This could then make it appear to be more expensive.

    And even if you the standard prices are the same on PPMs as credit meters you will not be receiving and discounts or have access to their reduced tariffs
  • My postcode is LN. I will have to look when i get home how much I pay each unit of gas i use as i am unsure.

    Yes the £50 was for the usage per month as I discussed in length with E-on and asked for help with my debts.

    I am hoping that once the debt is taken to nil and the summer comes round I will be able to make it balance as this is hurting at the moment.

    I only have a gas cooker and central heating as my water is heated by my electric and my electric bill costs a small fortune!
    BSC no.370 AD March 14
    :xmastree:SPC no. 196 target £350 for Christmas '14:xmastree:
  • Wywth
    Wywth Posts: 5,079 Forumite
    I can confirm the following eon gas charges for you:

    Credit meter - Standard (EnergyPlan) tariff (pay on receipt of bill)
    Standing charge: 27.39 p per day (£99.99 per year)
    Unit charge: 4.334 p per kWh

    Pre-payment meter - Standard (EnergyPlan) tariff
    Standing charge: 27.39 p per day (£99.99 per year)
    Unit charge: 4.256 p per kWh

    All prices include VAT @ 5%
  • So from what has been said there I should be ok and it's just a matter of the winter and all should balance out come spring/summer!

    Thanks for your help
    BSC no.370 AD March 14
    :xmastree:SPC no. 196 target £350 for Christmas '14:xmastree:
  • Former_E.ON_Company_Representative:_Malc
    Former_E.ON_Company_Representative:_Malc Posts: 6,558 Organisation Representative
    Part of the Furniture 1,000 Posts Name Dropper
    Hi sort_me_own_yard_out

    As Wywth has shown, there's hardly any difference between our standard credit and prepayment rates. However, you won't be eligible for the discounts on credit accounts.

    Just a heads up which might be of interest, there's an industry wide process available for prepayment customers wishing to change supplier but who have debt on the meter.

    This is called the Debt Assignment Protocol (DAP). Here, if the debt is less than £500, prepayment customers can still switch supplier and take the debt with them to their new supplier.

    To start this, you'll need to contact your preferred supplier. They'll initiate the process.

    Hope this is of interest. Give me a shout if you need any more info as will be happy to help.

    Malc
    Official Company Representative
    I am an official company representative of E.ON. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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