Prepayment meter premium to be scrapped in July Mar 24, 2023

Under current rules, suppliers are able to forcibly install prepayment meters if they have obtained a court warrant to do so

An estimated 600,000 people were forced onto a prepayment meter due to not being able to afford their energy bills in 2022, meaning they would have to pay their bill in advance.

This left many people at risk of self-disconnecting, particularly due to the energy price cap rise and higher costs prepayment meter customers face.

As it stands, prepayment customers pay more to cover the administration costs of managing meters and supplying vouchers.

Chancellor Jeremy Hunt stated:
"It is clearly unfair that those on prepayment meters pay more than others. We are going to put an end to that. From July, four million households won't pay more than those on direct debits."

As of July 01, prepayment meter customers will no longer pay a premium compared to direct debit customers.

Share this story

Get Expert Free Advice

Fill in the form below with your details and we will give you a ring back.
This form collects your name, email address and phone number so that we can respond to your enquiry. Your information will only be used for this purpose, please see our privacy notice linked at the bottom of the page to see how we protect and manage your data.

News Categories

Grants & Advice

Find out more about saving energy and the funding opportunities available.

Read More