Prepaid Electric Meter

cyrxs

Hi me and my partner have recently moved into our first flat and its a prepaid electric meter with british gas. how much should we be spending a week? the cooker and heaters are all electric.

Biscuit_Tin

cyrxs said:

Hi me and my partner have recently moved into our first flat and its a prepaid electric meter with british gas. how much should we be spending a week? the cooker and heaters are all electric.

Depends how much you use, and the cost of your specific tariff.

Average household energy bills based on a suppliers standard tariff are about £1000 - £1300 per year, so about £20-£25pw. Seasonal variations to usage would be expected..

Comparison sites can often help you estimate your anticipated usage based on more details of your personal circumstances.

Robin9

Are the heaters panel  or storage heaters ?

I presume you have registered with BG and got your own key - otherwise if you may be paying for any deficit of the previous occupier.

Gerry1

Bad choice I'm afraid, electricity for heating will be either very expensive (storage heaters) or bankruptcy inducing (plug in, on demand).  Pre-payment makes it even more expensive.

https://www.moneysavingexpert.com/utilities/switch-prepaid-gas-electricity/

(Yes, a  heat pump might be a bit cheaper, but it's unlikely that the flat has one.)

Think about moving sooner than later.

RelievedSheff

Unfortunately the flat you have chosen has the worst combination possible for heating, electric and prepayment!!

Electric is by far and away the most expensive way to heat anything. As an example 1kWh of electric on the tariff we are on is 13.4p compared to 1kWh of gas which is 2.3p. Same amount of kWh at a much cheaper price.

On top of that you are on prepayment meters which means you will be charged through the nose for each kWh you use and you wont be getting anywhere near the unit rates mentioned above.

The saving grace is that we are coming out of the colder months so you should start to see a reduction in the amount you use. But if you plan to stay in this flat use this time to build up some credit on your meter to use up over the colder months, otherwise you will be hit with big bills next winter again.