Potential discount for prepayment meter customers

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  • dealyboy
    dealyboy Posts: 1,777 Forumite
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    The Daily Telegraph Saturday today have made it their lead editorial, above Ukraine ... "Energy bills must not become a welfare tool" ... https://www.msn.com/en-us/travel/news/energy-bills-must-not-become-a-welfare-tool/ar-AA1lzGom   they are not happy ... and the lead story in Business ... "Energy bills to rise next year to protect suppliers" ... https://www.msn.com/en-gb/money/other/ofgem-to-hike-energy-bills-amid-record-household-debt/ar-AA1lyyWU
  • wrf12345
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    good to see that the companies finally recognise that smart prepayment meters can not rack up debt (although they can be fiddled with to recover debt), the next step is to remove standing charges from them at the cost of a higher unit rate (except when recovering debt, I guess) to recognise that a majority of users are at the lower end of the income scale and the appalling situation of the meters eating up their money regardless of consumption just adds insult to injury. However, as mentioned on another thread Ofgem have no interest in consumers and this debt should be coming out of salaries and dividends rather than consumers' pockets but post Brexit (and no recourse to EU consumer regulatory bodies) big companies en masse are all but r.ping consumers.
  • Jonboy_1984
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    wrf12345 said:
    the next step is to remove standing charges from them at the cost of a higher unit rate (except when recovering debt, I guess) to recognise that a majority of users are at the lower end of the income scale and the appalling situation of the meters eating up their money regardless of consumption just adds insult to injury.

    The issue with this is there is a cost in getting and maintaining a supply to each property regardless of the  amount used. IMO The standing charge should be there and fixed, but it should only be the direct costs of maintain the supply and not all the other extras they keep trying to hide within it for political reasons.
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