Money latest: Prepayment meters now have cheapest default tariff - should you switch?
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The default tariff for prepayment meters is now cheaper than other types of meter. Prepayment meters have traditionally been a more expensive way of paying for energy, but now prepayment standing charges have been lowered to match those for direct debit customers. Customers who pay when they get a bill are forking out the most - around 5.8p more per day on the standing charge than those with direct debits. The number of prepayment meters has fallen almost 8% from the peak in 2019, but there's still more than seven million gas and electricity units in action. Uswitch data shows 56% of households don't know about the change. Young people (18 to 34) are far more likely to go for prepay meters - 51% would consider it, compared with 5% of over-55s.

#PrepaymentMeters #EnergyTariffs #Electricity #Gas #Households #Uswitch

https://news.sky.com/story/how-to-earn-thousands-letting-film-and-music-stars-shoot-in-your-home-and-what-types-of-home-they-look-for-13040934