advice on key meters

leanne_g

Hi
We are about to move into a new rental property with British Gas key meters
Is it worth having them changed back ?
We're a family of 4
Any advice much appreciated

Nada666

I would say savings of twenty to thirty percent are worth it.

£1,000 per year is quite a lot less than £1,400 or £1,300 (for an average consumption.)

leanne_g

I was under the impression they cost slightly more to run ?
Can u change supplier ?
Always in credit with both gas and electric

lstar337

Key meter offer a smaller selection of tariffs, the most competitive tariffs are on credit meters.

BG will likely charge you to change the meters, and are not likely to have the cheapest tariffs either.

Input your usage into a comparison site like http://www.ukpower.co.uk/, find a competitive tariff, then see if you can get the new supplier to switch you to credit meters when they do the switch.

Either that or switch to a supplier that you know will do the change for free (EDF do I think), then find a competitive tariff when the swap is done.

[Deleted User]

At the moment BG in my area is nt competive with likes of EDF, EON etc who are quite a lot cheaper on both standing charges and tariffs. BG are easily the most reliable of the big 6 but need to lower quite a lot.Their Standard Fix and Fall credit meter tariff is the same as the prepay tariff...expensive.. and their fixed deals not much better. Firstly, get rid of the prepays.. get BG to swap them , they re usually free ( credit checks permitted )then try the comp sites avoiding such as First Utility, Npower or even Spark Energy. Then when you re happy switch via Monetsavingexperts cheapenergyclub for possible cashback

SwanJon

MSE article on prepay meters:
http://www.moneysavingexpert.com/utilities/switch-prepaid-gas-electricity

As sacsquaco says the price on the meter is the same as the standard price (e.g. pay bill when it arrives).
DD will be cheaper

MeterMan

lstar337 wrote: »

BG will likely charge you to change the meters, and are not likely to have the cheapest tariffs either.

BG wont charge you to have them changed.

They may require a security deposit, if you dont't have a credit score with BG.

SwanJon

MeterMan wrote: »

BG wont charge you to have them changed.

They may require a security deposit, if you dont't have a credit score with BG.

BG no longer take security deposits, so will only change the meter with a passed credit check.

lstar337

MeterMan wrote: »

BG wont charge you to have them changed.

Thanks for clarifying that for the op, I lose track of who is currently doing it for free.