What does 'Credit mode Bal' display mean on a domestic electricity meter in the UK.

Hi,

Just being curious, what does the 'Credit mode Bal' on a domestic electricity meter mean?

Hopefully a picture will follow here:

    
Can't find anything definitive online.

Is it an incorrect amount of consumed electricity for the last period or some type of credit?

Thanks 

John 

Comments

  • MikeJXE
    MikeJXE Posts: 3,849 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Found this if it's any help 

    What does credit mode balance mean on my electric meter?
    There are two methods of paying for your energy with a smart meter: prepayment (also called pay-as-you-go) and credit. In credit mode, you pay for your energy after you've used it. With a prepayment method, you top up your gas and electricity credit and pay for energy as you go.
  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    It would seem you have a pre pay account with £95 on it, did you just move in?
  • Thanks for the responses. Moved in April this year. My greedy eyes were hoping it was thousands lol. No such luck.
  • PennineAcute
    PennineAcute Posts: 1,185 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 27 November 2023 at 7:26PM
    Hi,

    Just being curious, what does the 'Credit mode Bal' on a domestic electricity meter mean?

    Hopefully a picture will follow here:

        
    Can't find anything definitive online.

    Is it an incorrect amount of consumed electricity for the last period or some type of credit?

    Thanks 

    John 

    Mine also has a balance, that neither ties in with my Octopus balance nor spreadsheet balance.

    I did read somewhere it is supposedly the amount of electricity you have used since your last billing.
  • QrizB
    QrizB Posts: 17,164 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    I did read somewhere it is supposedly the amount of electricity you have used since your last billing.
    That's my understanding too.

    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 33MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.3K Banking & Borrowing
  • 252.8K Reduce Debt & Boost Income
  • 453.2K Spending & Discounts
  • 243.3K Work, Benefits & Business
  • 597.8K Mortgages, Homes & Bills
  • 176.6K Life & Family
  • 256.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.