We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Prepayment to direct debit

I currently have prepayment meters installed for both gas and electricity. I want to switch to paying by monthly direct debit and possibly switch suppliers but have been told that I cant do both at the same time. i.e. I have to switch meter type with my current supplier then switch suppliers once I am on a pay monthly meter. This seems an awful lot of faffing about! Is this information correct or just a way of getting my current supplier (EDF) to get me to stay with them?

Comments

  • footyguy
    footyguy Posts: 4,157 Forumite
    1,000 Posts Combo Breaker
    edited 11 May 2017 at 2:58PM
    I currently have prepayment meters installed for both gas and electricity. I want to switch to paying by monthly direct debit and possibly switch suppliers but have been told that I cant do both at the same time. i.e. I have to switch meter type with my current supplier then switch suppliers once I am on a pay monthly meter. This seems an awful lot of faffing about! Is this information correct or just a way of getting my current supplier (EDF) to get me to stay with them?

    Only your current supplier can arrange to change your meter

    And you can only switch supplier to a tariff of theirs consistent with your metering

    ... so trying to do both at the same time will fail.

    If you want to move from your current supplier without delay, then switch supplier based on the current PPM. Then, after the switch has occurred, apply to the new supplier to change your metering :)

    (Or you can do it in the order you have been advised if switching supplier is not the higher of the priorities for you)
  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Many people have reported that companies refuse to switch customers from PPM to a credit meter because, as the name implies, they are not satisfied with their credit record. It means granting credit of £hundreds.

    It is pertinent to add that the area you live in might have an influence on their decision, especially as many PPMs have been fitted because of debt problems with the occupant.
  • Thanks for the advice Cardew :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.