Expensive Pre-pay

jmc1984_2

Hi everyone,

The house we live in has pre-pay meters. They've always been there since we bought it, and just kept on with them as didn't know much better really.

Looking on here it would seem I could make a big saving by getting a regular meter and paying monthly. I'm not sure how to go about this though in honesty.

Will any provider put them in and do they charge much for doing it?

SwanJon

A good place to start would be MSE's article:
http://www.moneysavingexpert.com/utilities/switch-prepaid-gas-electricity?_ga=1.182728230.1613386606.1447932683#try

You should get an annual statement from your supplier that tells you how many kWh you've used.
Use these to look at a comparison site (as PP, DD and any other payment method you are happy to use).

Lou_Kozade

"Will any provider put them in and do they charge much for doing it?"

SSE changed ours to a credit meter at no cost... we were customers of theirs at the time but I read somewhere that they do not charge regardless.

macman

Typically £60 per meter, though deals can be done. PPM's cost the same as Standard tariff.
Be aware that a credit account usually requires a credit check.

[Deleted User]

After speaking to a few Scottish Power customers stuck on prepays trying to switch to credits I d give them a miss. They were charging over £200 a meter ! BG and EDF are likely candidates for a free switch. Eon will credit check all new customers on credit meters.