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5 days ago · Most big energy suppliers – British Gas, EDF, Ovo and Scottish Power – will let you move from a prepayment meter to a standard meter for free. Some other suppliers also offer to do it for free, though some may charge, so always check first.
5 days ago · The vast majority of homes in England, Scotland and Wales are on standard variable tariffs set on or near the maximum level they can be under regulator Ofgem's Price Cap. This cap changes every three months – the next change will take place on 1 July 2024.
4 days ago · Gas rates. If you are on a standard variable tariff (default tariff) and pay for your gas by Direct Debit, you will pay on average 5.48 pence per kilowatt hour (kWh). The daily standard charge is 31.41 pence per day. This is based on the average across England, Scotland and Wales and includes VAT. Costs included in the energy price cap
4 days ago · As of 2024, around four million people in the UK have a prepayment energy meter, according to Ofgem. Learn how they work and how to switch from a prepayment meter to a regular meter....
4 days ago · You must give it at least 48 hours' notice, but you can notify it well in advance. Check if your current plan has an early exit fee; some suppliers may waive this in the case of a move.
- Ben Gallizzi
4 days ago · A fixed energy deal – or fixed price energy tariff – means the what you pay for each unit of gas electricity that you use will stay the same for the length of the contract.
4 days ago · If you do opt to switch, it’s worth being aware of new rules brought in by the regulator Ofgem. Previously, suppliers had to complete a switch within 15 working days.
