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Would a credit meter be cheaper?

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Comments

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think you'll find that energy prices have risen somewhat since 2009...
    No free lunch, and no free laptop ;)
  • Mirandoch
    Mirandoch Posts: 62 Forumite
    Eighth Anniversary 10 Posts Name Dropper Combo Breaker
    macman wrote: »
    I think you'll find that energy prices have risen somewhat since 2009...

    I would assume that they had, but by that much? If it was 20 years ago, I'd get it, but not 5 years ago...
  • sheffield_lad
    sheffield_lad Posts: 1,990 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Mirandoch wrote: »
    I would assume that they had, but by that much? If it was 20 years ago, I'd get it, but not 5 years ago...



    energy has risen 40% since Oct 2008.
  • Hi all,

    First of all, please kindly accept my sincerest apologies for hijacking op's post.

    I am currently living in a 2 bed flat and both my gas & electricity are prepaid.

    During the summer my monthly spending on energy is roughly £130 (£60 for electricity & £70 for gas), during the winter the monthly spending is quickly rising to roughly £220 (£75 for electricity and £145 for gas).

    IS going for a credit meter really help to cut down the cost in long term in my case? Any help in this is greatly appreciated!
  • datlex
    datlex Posts: 2,252 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Mirandoch wrote: »
    My flat is a 1-bedroom property. It's on the ground floor if that makes any difference (heat rises; that's about all I know :-/)

    Had to google EPC. I don't have a copy in the flat. Found one to download, but the date of the assessment/certificate was 2009, so a bit out of date now. The estimated energy use came out at £386, for lighting, heating and hot water. Hmm... Seems pretty low.



    I'm with Southern Electric. I found a leaflet for something called My Home Energy Switch, which seems to be a service for social housing tenants (which applies to me). I'll give it a go now, 'cos I've got nothing better to do on a Saturday night... :-/
    Hi I am in 1 bed ground floor flat as a social tenant and I have definitely found it cheaper after swapping to a credit meter. I have both gas and electric, but both are now cheaper. I pay by DD so get the discount applicable there. I also submit reading and get a monthly bill so I know my bill is up to date.
    Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.
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