Smart meter and old style meter costs

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Comments

  • Jyana
    Jyana Posts: 790 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Jyana said:
    No, that is the price everyone pays per year on their bill if they were using the capped figure, or the national average amount per household which is 2,900kWh of electricity and 12,000kWh of gas. If you use more or less than this, then you would pay proportionally more or less than £19 (someone may know if I am wrong here though?).
    As far as I understand that's exactly it, but including the standing charges too.
    Thanks Spoonie, bit tired and insomnia crazy this week but that was my interpretation of that graph as far as I could tell. 
  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    Hi OP

    Very helpful article from a very highly regarded source.
    Reading stuff like this just confirms its not for us atm

    Millions with the first gen of smart meters cant chose certain suppliers. They say the 2nd gen address this is what I have read
    More recently, people forced on to prepayments that were in some form of debt but read the link

    Companies already have too much control over our data so not for us

    https://www.theguardian.com/money/2023/jan/11/call-to-end-forced-installation-of-uk-prepayment-meters-after-millions-suffer-without-power

    Good luck.
    Well the solutions to those two problems are simple:
    1. get SMTES2 meters (the only option nowadays anyway)
    2. don't get into debt* and if you do, don't refuse to engage with the supplier on a payment plan.  Switching to prepayment even remotely via smart meter is still a last resort.

    *not possible for everyone, I know, but at least engage with the supplier if it happens. 
    Hello and good morning :)

    The highlighted bit, "simple" really! Most can't get through to their provider, just read the threads re waiting times.

    1= "get smart met 2" - I did say that is the new way forward, thanks

    2 = "Dont get into debt" very wise words but easier said than done to many - just read the link i posted and what happened to them.

    Trust me, if you are talking about "simple" then the reality of the facts is in current times is is "simple" to stay with the old meter.

    Thank you.
  • Spoonie is extremely clear that “don’t get into debt” is not that straightforward - but as already pointed out, the cases mentioned in the linked article are not simple cases - and for at least three of the four, disconnection could have been avoided. Indeed, in one of those cases, disconnection would have been avoided had the individual concerned had a Smart Meter. 

    IIRC - our former friend Susan may have had a hand in the thread that diystarter cites as the one that “convinced” them that smart meters carry all sorts of risks. It is in some ways a shame that their posting history is no longer visible other than in individual threads - as it made a good example of uses of misinformation to shore up a shaky case! 
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  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 13 January 2023 at 12:03PM
    Hi OP

    Very helpful article from a very highly regarded source.
    Reading stuff like this just confirms its not for us atm

    Millions with the first gen of smart meters cant chose certain suppliers. They say the 2nd gen address this is what I have read
    More recently, people forced on to prepayments that were in some form of debt but read the link

    Companies already have too much control over our data so not for us

    https://www.theguardian.com/money/2023/jan/11/call-to-end-forced-installation-of-uk-prepayment-meters-after-millions-suffer-without-power

    Good luck.
    Well the solutions to those two problems are simple:
    1. get SMTES2 meters (the only option nowadays anyway)
    2. don't get into debt* and if you do, don't refuse to engage with the supplier on a payment plan.  Switching to prepayment even remotely via smart meter is still a last resort.

    *not possible for everyone, I know, but at least engage with the supplier if it happens. 
    Hello and good morning :)

    The highlighted bit, "simple" really! Most can't get through to their provider, just read the threads re waiting times.

    1= "get smart met 2" - I did say that is the new way forward, thanks

    2 = "Dont get into debt" very wise words but easier said than done to many - just read the link i posted and what happened to them.

    Trust me, if you are talking about "simple" then the reality of the facts is in current times is is "simple" to stay with the old meter.

    Thank you.
    Hi OP and others interested

    A bit more on how some suppliers change over and the prepayments cost a lot more.

    As it stands, I would not go for one but as my previous post/links, IMO incentives will be offered then you know what happens next . There Smart Vs old meter = old meter all day long for me.

    https://www.bbc.co.uk/news/business-64235997


    Thanks
  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,107 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Hi OP

    Very helpful article from a very highly regarded source.
    Reading stuff like this just confirms its not for us atm

    Millions with the first gen of smart meters cant chose certain suppliers. They say the 2nd gen address this is what I have read
    More recently, people forced on to prepayments that were in some form of debt but read the link

    Companies already have too much control over our data so not for us

    https://www.theguardian.com/money/2023/jan/11/call-to-end-forced-installation-of-uk-prepayment-meters-after-millions-suffer-without-power

    Good luck.
    Well the solutions to those two problems are simple:
    1. get SMTES2 meters (the only option nowadays anyway)
    2. don't get into debt* and if you do, don't refuse to engage with the supplier on a payment plan.  Switching to prepayment even remotely via smart meter is still a last resort.

    *not possible for everyone, I know, but at least engage with the supplier if it happens. 
    Hello and good morning :)

    The highlighted bit, "simple" really! Most can't get through to their provider, just read the threads re waiting times.

    1= "get smart met 2" - I did say that is the new way forward, thanks

    2 = "Dont get into debt" very wise words but easier said than done to many - just read the link i posted and what happened to them.

    Trust me, if you are talking about "simple" then the reality of the facts is in current times is is "simple" to stay with the old meter.

    Thank you.
    Hi OP and others interested

    A bit more on how some suppliers change over and the prepayments cost a lot more.

    As it stands, I would not go for one but as my previous post/links, IMO incentives will be offered then you know what happens next . There Smart Vs old meter = old meter all day long for me.

    https://www.bbc.co.uk/news/business-64235997


    Thanks
    Where exactly does the BBC cite the facts to support their claim "this is more expensive than paying by Direct Debit"? You have people knowledgeable here telling you prepayment isn't always more expensive, and if you're not sure who to believe, the oft-misused phrase 'do your own research' does actually apply. 
    Companies publish their different tariffs, they are often linked here on the forum, have a look for yourself and do calculations with different scenarios.
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 13 January 2023 at 4:48PM
    Since when do you need to go to the shops if you have a prepaid on a smart meter?

    Also @Spoonie_Turtle is correct, many prepaid tariffs for E7 are now cheaper than direct debit.
  • EssexHebridean
    EssexHebridean Posts: 24,240 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So much nonsense in that report it’s hard to know where to start. Let’s begin with the energy company apparently having “charged more than £200 a month for a shower and a light…” shall we? Assuming the light is an old style incandescent 100w, on 24/7 (unlikely, I think we can agree), and the shower is a pretty standard 9kWh model, for a pretty average 10 minutes daily, by my reckoning that comes to somewhere in the region of £40 a month on standard EPG rates, then add on roughly £12 for standing charge…perhaps someone can confirm if they know of ANY prepayment rates that would amount to £200 for this use? 

    This sort of scaremongering really needs to stop. Articles like this one have been posted on here before, and it has been routinely pointed out that they are very thin on fact. It’s supremely unhelpful to have this kind of rubbish perpetuated in a forum which should be about providing factual information to consumers. 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
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