8 Ways to Avoid the Pre-Pay Energy Meter Trap
People on pre-payment gas and electricity meters pay on average £226 more than the cheapest direct debit tariff according to the Citizens Advice Bureau.
Many people with pre-payment meters are already struggling with debt and tend to be low-income households.
In the worst case, Co-Operative Energy had a gap of £405 between those paying by direct debit and those with pre-payment meters (although they say they are now cutting their rates to reduce this!)
For more on this please check out – Prepay meters hit the poorest hardest – Citizens Advice
So to avoid the pre-pay energy meter trap consider the following energy-saving tips so that you can afford to pay direct debit and enjoy cheaper energy:
1. Save energy – turn electrical items off when they are not being used; TVs on standby use a surprising amount of power.
2. Benefits – Make sure you are receiving all the benefits you are entitled to. You might, for example, be eligible for a cold weather payment at certain times of the year.
3. Compare energy prices – try comparison websites to make sure you’re getting the best possible deal. It is worth the time to save some money
4. Apply for a grant – you could be eligible for an energy efficiency grant to help with home insulation etc.
5. Loft insulation – if you don’t have loft insulation you are literally sending your money out through the roof.
6. Energy monitor – if your bills seem to be growing to try investing in an energy monitor to see where you might be able to reduce your energy use.
7. Energy efficient appliances – if you’re buying new appliances try to choose ones with a better energy rating. Items including washing machines, fridges and freezers are all rated now.
Direct Debit – If you can, pay your bills by direct debit, most suppliers will give you a discount for this. You might also be able to use a flexible payments scheme. Contact your supplier for more information.
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