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Switching from a pre-pay meter
We have just bought our first home and unfortunately the gas and electric are on a pre-pay meter.
Obviously want to get that onto a direct debit asap!
Now, I have no idea how to go about this! The gas and electric are with NPower, but I doubt they are the cheapest. Something I read suggests that the current supplier needs to remove/replace the meter and then switch you to DD. Wouldnt this lock me into a deal with a supplier that I might not want and have no prior dealings with?
Obviously want to get that onto a direct debit asap!
Now, I have no idea how to go about this! The gas and electric are with NPower, but I doubt they are the cheapest. Something I read suggests that the current supplier needs to remove/replace the meter and then switch you to DD. Wouldnt this lock me into a deal with a supplier that I might not want and have no prior dealings with?
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Comments
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You can switch to a supplier that can remove the meters for free to save a little. Or...pay a charge around £50 per meter and get them removed quicker. You'll need good credit and/or pay a deposit which will be used towards your bills.
You do not have to commit to a deal or pay by direct debit to exchange meters and you can switch away once the meters are in.:footie:Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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So is it just a case of phoning round to find out who will take them away for free if we go to them?
Do I need to tell NPower thats what we are wanting to do?0 -
So is it just a case of phoning round to find out who will take them away for free if we go to them?
Do I need to tell NPower thats what we are wanting to do?
EDF switch them for free with no credit checks. You just need to be a customer with them for 28 days to ask for the swap. If you apply via a switching site on Quidco you'll get around £20 cashback and then again when you switch away from EDF.
My timetable went as follows:
Moved in 10 July
Switched from EON to EDF on 13 July
Suppler switch completion 31 July
Ask EDF for meter switch 1 September
New meter installed 21 September
Switch to Scottish Power 24 September
Its a bit longwinded but I get £40 cashback for 2 switches and a free meter change0 -
Thank you.
I will call NPower after work and see what they will charge for the switch. Hopefully nothing. Then stay with them for a month and then go to whoever is cheapest in time for winter!0 -
So is it just a case of phoning round to find out who will take them away for free if we go to them?
Do I need to tell NPower thats what we are wanting to do?
You should find this article useful. It at least describes how the Big 6 treat requests to ditch a PPM
http://www.moneysavingexpert.com/utilities/switch-prepaid-gas-electricity0 -
You should find this article useful. It at least describes how the Big 6 treat requests to ditch a PPM
http://www.moneysavingexpert.com/utilities/switch-prepaid-gas-electricity0
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