Prepayment meter for gas and Electricity switching - HotUKDeals
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Prepayment meter for gas and Electricity switching

Shuggy7 Avatar
8y, 3m agoPosted 8 years, 3 months ago
Hi all, I was wondering if somebody could give me some much appreciated advice.

I have been on a prepayment meter with British Gas for both gas and electricity for over 20 years now. I know this is probably the worst situation to be in financially so I am wanting to switch but as much as I've read around I still find it all confusing.

Firstly, does it cost to switch from prepayment meters to say a direct debit tariff or is it possible to switch from them at all as they have to be taken out?

Secondly I don't know how to go about switching from prepayment meters. I've checked the comparison sites etc. but always find it hard to interpret going from prepayment to billed. I'm a credit card tart and always looking for the best deals for things but the gas and electricity has me stumped. I'm so worried I'll look at something that appears cheaper but end up finding I'll be paying more.

I really do appreciate any advice that comes my way. Thanks for reading.
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Shuggy7 Avatar
8y, 3m agoPosted 8 years, 3 months ago
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1 Like #1
You usually pay waaaay more using a pre-payment meter. I think you just phone BG up and request them to remove the meter. It's just then setting a monthly direct debit up with them.

If you wanted to switch suppliers and wanted to do it online etc just make the figures up as they use it just to set you a monthly rate for direct debit.
1 Like #2
We had prepayment meters when we moved in last year, just a quick ring and both the gas company and electric company switched them over for nothing, they do all the work and set up your direct debit for you, Plus the actual meter change only takes like 10 mins. Then a week later i switched energy companies and saved even more money.:thumbsup:
#3
Yeah get off the meter asap it's way more expensive, last time I workd for Eon they didn't charge to change over the meter but it's been awhile. Call up your supplier and tell them what you want to do and ask them for more information. :thumbsup:
#4
the gas company was british gas and the electric was edf. really easy switching though.
1 Like #5
I am with Eon on a prepayment meter & have been enquiring about changing to quarterly billed. ( Eon actually want £50.00 for doing this ! ) British Gas have said they will change me over if I go with them for free as long as there is no outstanding debt on the meter & I am clear with a credit check.
I would phone their customer services if I were you & ask where you stand if you are thinking of staying with BG & swapping meters. I think the 'rules' are different on this with different circumstances !!

The advice being given at the moment from MSE (Martin Lewis) is to wait for a few more weeks until the other Gas & Electric suppliers follow suit & up their tarriffs/capped rates before changing. Hope this helps :)
#6
Great advice people thanks. Badgerrules I think I'm in the same situation as you. I'll give them a call and ask to be put on direct debit and have the meters taken out. Then I'll do the big hunt to switch once all the price rises rises even out. It appears easier than I thought it was.

I guess the direct debit is still just payinf for the energy you use at the end of each month? Thanks again all
#7
Hi,

I have pre-payment meters with British Gas and wouldn't ever go back to normal meters. Everyone says its really more expensive that the traditional way but personally I think this is tosh. Everyone I know pays massive bills compared to mine. In reality the current increases have gone up around 35% on the standard meters, our pre-payments have only gone up 21% so all in all they should work out at around the same price now!

It's free to swop to or from pre-payment meters, just contact your new/existing supplier to organise.

[url]www.moneysavingexpert.co.uk[/url] is fantastic for advice on everything (very similar to this site but with more specialised areas i.e., mortgages, credit cards, bills, etc.
#8
I got rid of my Electricity prepayment box a few years back.
All I had to do was ring them up and ask… Took less than a week for the engineer to come and do it – even credited me with the money on the meter [about £5.00]…
I stayed for a few months to check the rates of the other suppliers and get a bit of payment history. Then I switched.
#9
mrsj2008
Hi,

I have pre-payment meters with British Gas and wouldn't ever go back to normal meters. Everyone says its really more expensive that the traditional way but personally I think this is tosh. Everyone I know pays massive bills compared to mine. In reality the current increases have gone up around 35% on the standard meters, our pre-payments have only gone up 21% so all in all they should work out at around the same price now!



[.


Surely the online tariffs with direct debit are still cheaper than the prepay meter though?

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