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Safguarding Tariff (prepayment cap)
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It appears that the Safguarding Cap only applies to those with SMETS1smart meter's not the later SMETS2 versions.
The safeguard tariff will apply to all customers on a tariff which requires them to
prepay, apart from those on “fully interoperable” smart meters, which will be
excluded from the cap
https://www.ofgem.gov.uk/system/files/docs/2017/08/intro_to_the_prepayment_price_cap.pdf
Is unclear what will happen after this deadline or if many may choose to retain their card/key meters instead these already have fully interoperable prepayment meters already however it has made little difference in yearly costs.
Thoses with fully interoperable meters will they face a sustantial hike in price? Having to face a credit check and quickly mounting bills and demands for unaffordable direct debits and other online conditions without possibly being able to use/own a computer or have access online.
The safeguard tariff will apply to all customers on a tariff which requires them to
prepay, apart from those on “fully interoperable” smart meters, which will be
excluded from the cap
https://www.ofgem.gov.uk/system/files/docs/2017/08/intro_to_the_prepayment_price_cap.pdf
Is unclear what will happen after this deadline or if many may choose to retain their card/key meters instead these already have fully interoperable prepayment meters already however it has made little difference in yearly costs.
Thoses with fully interoperable meters will they face a sustantial hike in price? Having to face a credit check and quickly mounting bills and demands for unaffordable direct debits and other online conditions without possibly being able to use/own a computer or have access online.
0
Comments
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So, given the recent report that only 80 SMETS2 meters are currently deployed we can safely say that nobody will be on the Safeguard Cap tariff.0
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