Should i get a Smart Meter?
Hi All,
Just moved into my new build home. I have learnt the suply for Gas is with British Gas, revcied a letter with a link to register a new home. On the link i was able to merge Gas and Electricty together. The Elec was with another supplier so that is been moved over also. I was able to also have the move in date to the 1/01/23 giving me a month of free suply as they agreed and contacted the builder to confirm work was going on. As i am in a new build i am hoping the echo creditials would save me money. I have noticed its much better at retaining heat than my old house.
Below is my tarif for Gas
I am happy with the cost quoted above. As a newbie to most of this stuff.
1) Is fixed for that month?
2) is the esitmated ussage until they get a reading, via me? smart meter or with a person coming?
3)varible > is this as the market goes up and down and is this ajusted monthly?
Finally is it worth getting a smart meter, the only benefit i can see for me
1) Able to check my ussage ?
many thanks all
Just moved into my new build home. I have learnt the suply for Gas is with British Gas, revcied a letter with a link to register a new home. On the link i was able to merge Gas and Electricty together. The Elec was with another supplier so that is been moved over also. I was able to also have the move in date to the 1/01/23 giving me a month of free suply as they agreed and contacted the builder to confirm work was going on. As i am in a new build i am hoping the echo creditials would save me money. I have noticed its much better at retaining heat than my old house.
Below is my tarif for Gas
| Tariff type | Variable |
| Payment method | Monthly Direct Debit |
| Standard unit rate | 10.343p per kWh |
| Standing charge | 28.485p per day* |
| Tariff ends on | Not applicable |
| Exit fees (if you change supplier before the end date) | Not applicable |
| Additional products or services included | Not applicable |
| Estimated annual consumption | 5,679.06 kWh |
| Estimated annual cost* | £691.32 |
£106.17 per month Gas
1) Is fixed for that month?
2) is the esitmated ussage until they get a reading, via me? smart meter or with a person coming?
3)varible > is this as the market goes up and down and is this ajusted monthly?
Finally is it worth getting a smart meter, the only benefit i can see for me
1) Able to check my ussage ?
many thanks all
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Replies
I doubt that a new built will have old dumb meters.
Depends what you mean by "fixed"? There are two ways to pay for your bill... you pay an exact amount based on your actual usage and so it will change monthly or a set monthly amount that is excessive in summer but low in winter but on average will be sufficient.
On the second, the monthly payment will be reviewed periodically to ensure you are neither building up too much credit nor running into too much debt
Yes, variable means the unit rate will change over time based on wholesale price movements (at the moment they are artificially capped low)
British Gas emailed me to have one "installed" i assume its the smart home display !
Builders tend to lose the IHD's that are given to them when the smart meter is installed. It does not need to be installed, if just needs to be connected to your smart meter, which can be done online. Problem is most suppliers will not give you a new one if the old one is broken or lost.
It's amazing how those with a can-do attitude and willingness to 'pitch in and work' get all the luck, isn't it?
Please consider buying some pet food and giving it to your local food bank collection or animal charity. Animals aren't to blame for the cost of living crisis.