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FTB - pre-paid key meter for electricity

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Hello
The property I am planning to buy has a pre-paid key meter for electricity.

Are there any particular questions that I should be raising with the vendor since having a pre-paid meter is not a common practice.

At what point during the process am I allowed to ask the energy companies to switch the meter to a standard credit meter. Note that appointment times will not be next day, so when should I ideally ask them and find a suitable appointment date.

I want to be sure that energy companies will be able to change the meter type and there won't be expensive issues because of anything related to the property or wiring.

Looking forward to your help please.

Comments

  • aneary
    aneary Posts: 921 Forumite
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    I've had to change mine in a rental accommodation.

    Some companies do it for free. Some take a deposit. Some charge. Some you have to be a customer for a period of time. Check all as you need to factor this as well as ongoing prices.

    Also check there isn't any debt on the meter I didn't and ended up paying £15 debt not a massive amount but annoying. It can be fair fair higher so check this and call the current energy provider the day you move in.
  • RiversTam
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    When you officially own the property you can call up and register with the gas/electric company.
    Don't worry about debt, they reset the meter to 0 for new customers.

    You can change easily to a normal meter but may need to change supplier first - some are easier than others to sort it, look for companies that change it for free and without a credit check.
    The trouble with having an open mind, of course, is that people will insist on coming along and trying to put things in it.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    First Anniversary Name Dropper First Post
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    We bought a house like this not long ago and you have to wait until you own the house and then get the company that owns the meter to change it. You have to do it because you are the one who will be paying for the supply.
  • Marvel1
    Marvel1 Posts: 7,172 Forumite
    Name Dropper First Post First Anniversary
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    Day 1 when it becomes yours, do not use the key as it's linked to the seller.
    Are there any particular questions that I should be raising with the vendor since having a pre-paid meter is not a common practice.


    Really? Had mine for 9 years.
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