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Prices and payment options

 

As anyone who has ever paid a bill will know, there are many different payment options for gas and electricity. What some of you may not realise is that the amount your fuel costs will generally vary, depending on how you are paying.

For instance, paying for your energy on a monthly basis, rather than on a quarterly or annual basis, is often cheaper, particularly if you pay by direct debit.

On the other hand, paying by prepayment meter is usually the most expensive way to pay for your energy. If you are in this situation, you should consider asking your supplier to remove the prepayment meter and replace it with a standard credit meter which is cheaper. This will also enable you to pay by direct debit if you have a bank account, saving you money. Please be aware that your supplier may request that you pay a security deposit in order to change your meter.

If you are having trouble paying your fuel bill, your supplier is obliged to help you in a number of ways. Visit www.energywatch.org.uk for more information or contact your supplier.