Are all Smart meters the same and can you change suppliers and keep the same Smart meter?

Gerry1

Smart meters will make electricity unaffordable only at the times when you want to use it ! 

MWT

Gerry1 said:

Smart meters will make electricity unaffordable only at the times when you want to use it ! 

Whereas not having a smart meter could eventually make it unaffordable all the time!

As ever, the truth will be somewhere in the middle...

EssexHebridean

diystarter7 said:

Update

I've just cancelled the rip off meter.

I bet you within a few years if not soon, just like forced water meters these will be forced on you.

https://www.dailymail.co.uk/money/bills/article-10494535/Smart-meters-overhail-higher-peak-electricity-prices.html

Nobody has "forced" a water meter on me.

But yes - as meters require replacement, unless there is a particular reason why someone is unable to have a smart meter fitted, it will be a smart meter that is put in. 

jrawle

Up until yesterday, OVO were offering a 24 month fixed tariff that was slightly better than the April price cap, but only for people who don't currently have a smart meter fitted and are willing to do so. My advice is therefore not to let your supplier fit a smart meter to meet their quota for free. Wait until you can benefit immediately by taking up an offer such as the OVO one (which was pretty much the only fix to be cheaper than the cap for me). Note that anyone with a smart meter already was ineligible.

diystarter7

EssexHebridean said:

diystarter7 said:

Update

I've just cancelled the rip off meter.

I bet you within a few years if not soon, just like forced water meters these will be forced on you.

https://www.dailymail.co.uk/money/bills/article-10494535/Smart-meters-overhail-higher-peak-electricity-prices.html

Nobody has "forced" a water meter on me.

But yes - as meters require replacement, unless there is a particular reason why someone is unable to have a smart meter fitted, it will be a smart meter that is put in. 

Well, it was forced on us but we knew about it IE when we moved within a London Borough.

One of my siblings about a year or two ago was forced as they stayed put.

Re electric - I bet you the peak rates will be between 7 and 9 am and from 4 to 10pm - when most people return or go to work/school etc so have no choice.

Then as I have told people many times the advent of electric car for the masses, will shoot up electric prices further. You may recall the rubbish re diesel is better and it was a lot cheaper, now that majority of fuel used is diesel the prices are higher than petrol as is road tax.

Keep_pedalling

diystarter7 said:

Update

I've just cancelled the rip off meter.

I bet you within a few years if not soon, just like forced water meters these will be forced on you.

https://www.dailymail.co.uk/money/bills/article-10494535/Smart-meters-overhail-higher-peak-electricity-prices.html

You cancelled because you read something in the daily fail!

I suppose it is sort of true because at the moment I have to pay move for peak electricity than I do to charge my EV overnight, but they are just looking to things from an angle that turns good news into bad.

Would you switch from E7 just because the headline said energy companies will charge you more for for putting a heater on in the day time? 

diystarter7

So are youKeep_pedalling said:

diystarter7 said:

Update

I've just cancelled the rip off meter.

I bet you within a few years if not soon, just like forced water meters these will be forced on you.

https://www.dailymail.co.uk/money/bills/article-10494535/Smart-meters-overhail-higher-peak-electricity-prices.html

You cancelled because you read something in the daily fail!

I suppose it is sort of true because at the moment I have to pay move for peak electricity than I do to charge my EV overnight, but they are just looking to things from an angle that turns good news into bad.

Would you switch from E7 just because the headline said energy companies will charge you more for for putting a heater on in the day time? 

What is your point? Are you saying the paper is lying if not what? What was the point of your comment?

Ectophile

diystarter7 said:

So are youKeep_pedalling said:

diystarter7 said:

Update

I've just cancelled the rip off meter.

I bet you within a few years if not soon, just like forced water meters these will be forced on you.

https://www.dailymail.co.uk/money/bills/article-10494535/Smart-meters-overhail-higher-peak-electricity-prices.html

You cancelled because you read something in the daily fail!

I suppose it is sort of true because at the moment I have to pay move for peak electricity than I do to charge my EV overnight, but they are just looking to things from an angle that turns good news into bad.

Would you switch from E7 just because the headline said energy companies will charge you more for for putting a heater on in the day time? 

What is your point? Are you saying the paper is lying if not what? What was the point of your comment?

They aren't actually lying, but the whole point of 30 minute billing is that electricity will be more expensive when there's a shortage of it, and cheap when there's plenty.

You can assume that once smart meters are standard, anyone who goes for a fixed tariff will be paying more than someone who goes for half-hourly electricity pricing and then adjusts the time at which they do things to match the cheapest times.

But people who carry on doing things at their usual times could well end up paying more.

diystarter7

Ectophile said:

diystarter7 said:

So are youKeep_pedalling said:

diystarter7 said:

Update

I've just cancelled the rip off meter.

I bet you within a few years if not soon, just like forced water meters these will be forced on you.

https://www.dailymail.co.uk/money/bills/article-10494535/Smart-meters-overhail-higher-peak-electricity-prices.html

You cancelled because you read something in the daily fail!

I suppose it is sort of true because at the moment I have to pay move for peak electricity than I do to charge my EV overnight, but they are just looking to things from an angle that turns good news into bad.

Would you switch from E7 just because the headline said energy companies will charge you more for for putting a heater on in the day time? 

What is your point? Are you saying the paper is lying if not what? What was the point of your comment?

They aren't actually lying, but the whole point of 30 minute billing is that electricity will be more expensive when there's a shortage of it, and cheap when there's plenty.

You can assume that once smart meters are standard, anyone who goes for a fixed tariff will be paying more than someone who goes for half-hourly electricity pricing and then adjusts the time at which they do things to match the cheapest times.

But people who carry on doing things at their usual times could well end up paying more.

Thanks and for the record, not for me.

Petriix

My smart meter is allowing me to access electricity for 5p per kWh for 4 hours each evening. That's covering > 75% of my usage and is saving me about £900 per year in comparison to the April price cap.

What the daily heil is calling 'surge pricing' is actually 'plunge pricing' with vastly cheaper electricity available off-peak. You obviously need an EV to get the lowest prices at the moment but it's certainly beneficial to some.