A prepayment meter is a type of domestic energy meter that lets you pay for energy before you use it. This type of meter is also known as a pay-as-you-go meter.
Prepayment meters may offer greater flexibility, allowing you to pay money in when you choose to instead of paying a monthly bill which, in turn could make it easier to budget as you don’t need to wait for a monthly bill to arrive. You can also build up credit during times you use less energy, for instance during the warmer months of the year – it should be noted that with a prepayment meter you pay standing charges, so the meter will still need credit to keep your fridge or other appliances running if you’re away.
However, you might wish to consider if other tariffs may be more cost-effective for your household;
Prepayment meters: your rights and how they work | The Money Edit
Forced installation of prepayment meters banned in homes of over-85s | Evening Standard
