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Moving from the Standard Variable Tariff to a Fixed Tariff and Smart Meters

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ayers
ayers Posts: 79 Forumite
Part of the Furniture 10 Posts Combo Breaker
Hello,
I'm on the Standard Variable tariff with my Energy provider, which is one of the Big Six providers, and am seriously considering going on a fixed tariff to avoid the price increases. However, I am dubious about going onto a smart meter which is why I have stayed on the standard variable tariff.

Generally speaking are the smart meters reliable?

Comments

  • mmmmikey
    mmmmikey Posts: 2,282 Forumite
    Part of the Furniture 1,000 Posts Homepage Hero Name Dropper
    edited 29 March at 11:13AM
    ayers said:
    Hello,
    I'm on the Standard Variable tariff with my Energy provider, which is one of the Big Six providers, and am seriously considering going on a fixed tariff to avoid the price increases. However, I am dubious about going onto a smart meter which is why I have stayed on the standard variable tariff.

    Generally speaking are the smart meters reliable?
    Yes, the vast majority of smart meters just go in and work as expected. The problems of the early days have by and large gone. If you are unlucky you may find that the in house display (the gizmo that sits on the kitchen window sill and tells you how much your using now) may be too far from the meter to work, but this is nice to have and not essential. The other problem that sometimes happens is that the meter doesn't automatically send readings to the supplier which means that most of the benefits are lost, but even in this worst case scenario the smart meter will just work like any other meter. You will see other problems on this forum, but generally they either relate to people with older smart meters that are changing suppliers or bog standard issues like the engineer arriving late which can happen regardless of the type of meter you have. There are way more examples of customers saving £100s (or in some case £1000+) per year by moving to smart meter only tariffs. Unfortunately there's been a lot of bad publicity around smart meters and although some of it is deserved much of it isn't. You'll almost certainly be forced to have a smart meter sooner or later anyway so might as well bite the bullet, get it done now and start reaping the benefits.
  • Ayr_Rage
    Ayr_Rage Posts: 2,627 Forumite
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    The metering bit of a smart meter is reliable.

    The communication modules less so due to network coverage, just like mobile phones.

    Not saving possibly hundreds of pound by refusing to upgrade your meters is quite frankly lunacy.
  • ayers
    ayers Posts: 79 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Thanks a lot mmmmikey! I am very much convinced now and change my tariff with a smart meter.
  • ayers
    ayers Posts: 79 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Thanks Ayr_Rage,

    I hear you and you are quite right. I should have got a smart meter a long time ago. Doing it now to reap the benefits. 
  • Marvel1
    Marvel1 Posts: 7,428 Forumite
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    Not in my case they haven't, my gas meter is not connecting to the DDC so I can have these time of use tariffs, electric has gone into prepayment mode - I think it's connected, tryign to see if I can get this TOU tariff.
  • Qyburn
    Qyburn Posts: 3,549 Forumite
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    Marvel1 said:
    Not in my case they haven't, my gas meter is not connecting to the DDC so I can have these time of use tariffs
    Ae there any TOU gas tariffs?
  • debitcardmayhem
    debitcardmayhem Posts: 12,648 Forumite
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    Qyburn said:
    Marvel1 said:
    Not in my case they haven't, my gas meter is not connecting to the DDC so I can have these time of use tariffs
    Ae there any TOU gas tariffs?
    Tracker is a smart tariff , and you could loosely term as tou, since it varies day to day 
    4.8kWp 12x400W Longhi 9.6 kWh battery Giv-hy 5.0 Inverter, WSW facing Essex . Aint no sunshine ☀️ Octopus gas fixed dec 24 @ 5.74 tracker again+ Octopus Intelligent Flux leccy
  • QrizB
    QrizB Posts: 17,739 Forumite
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    Qyburn said:
    Marvel1 said:
    Not in my case they haven't, my gas meter is not connecting to the DDC so I can have these time of use tariffs
    Ae there any TOU gas tariffs?
    Tracker is a smart tariff , and you could loosely term as tou, since it varies day to day 
    That's the only one I could think of, too.
    Octopus used to bill Tracker on an averaged curve if your gas smart meter went dumb. They might still accept new customers on that basis?
    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. 34 MWh 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!
  • bob2302
    bob2302 Posts: 543 Forumite
    500 Posts Second Anniversary Name Dropper
    QrizB said:
    Qyburn said:
    Marvel1 said:
    Not in my case they haven't, my gas meter is not connecting to the DDC so I can have these time of use tariffs
    Ae there any TOU gas tariffs?
    Tracker is a smart tariff , and you could loosely term as tou, since it varies day to day 
    That's the only one I could think of, too.
    Octopus used to bill Tracker on an averaged curve if your gas smart meter went dumb. They might still accept new customers on that basis?
    From: https://octopus.energy/tracker-faqs/

    "We currently require anyone switching to Tracker to have a working smart meter. Unlike with other other smart tariffs, if your smart meter stops sending readings, you won't be forced to switch to another tariff, as we are able to bill based on monthly meter readings."
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