10 Cheapest Gas and Electric Prepayment Meters

While prepayment meters offer an excellent utility billing system, it makes sense for you to opt for prepaid gas and electric meters that are cheaper and of good quality to enable you to cut costs while judiciously utilizing your utility. 

When choosing a prepayment gas and electric meter, your yardstick shouldn’t be only on cheaper ones; you should also consider the smart nature of the meter, its available top-up options, the installation cost and the meter’s real-time monitoring capacity. When you assess a prepayment meter with these features in addition to its overall cost, you’ll be able to choose the best prepaid meter for your home.

Although there are many of the cheapest gas and electric prepayment meters, the price varies over time due to some factors, like government policies. So, when choosing a prepayment meter, it is important to go for the meters that have a consistent or fixed tariff rate because it will help you budget ahead for your utility consumption.

Cheapest Gas and Electric Prepayment Meters

There are numerous cheap gas and electric meters when their weekly costs are compared. Apart from the weekly consumption rate, some meters also have excellent features, which still make them cheap even if their weekly price is slightly higher than others. The table below summarizes the cheapest gas and electric prepayment meters, with their weekly price range attached. 

S/N	Prepayment Meter	Weekly Price Range
1.	British Gas Smart Pay As You Go Meter	£20 – £30
2.	EDF Energy Smart Prepayment Meter	£20 – £35
3.	E.ON Next Smart Prepayment Meter	£18 – £32
4.	SSE (Scottish and Southern Energy) Smart Prepayment Meter	£19 – £33
5.	OVO Energy Smart Pay As You Go Meter	£20 – £30
6.	Utilita Smart Prepayment Meter	£18 – £28
7.	Bulb Smart Prepayment Meter	£18 – £29
8.	Shell Energy Smart Prepayment Meter	£19 – £31
9.	Scottish Power Smart Prepayment Meter	£19 – £32
10.	npower Smart Prepayment Meter	£20 – £34

N/B:

These prices are just estimates, and they are liable to change over time due to government policies and other factors. Hence, it is best to get the current price from the company directly to enable you to make an informed decision concerning your energy usage.

Meanwhile, you can also use energy comparison websites like Uswitch, Compare the Market, etc. to compare the prepayment meter energy costs of these companies since the tools offer up-to-date comparisons of different energy tariffs, providing personalized quotes based on your location and usage. Also, don’t forget to follow up on announcements from Ofgem (the Office of Gas and Electricity Markets) and other related agencies for updated information on gas and electricity usage.

Conclusion

Choosing the right prepayment gas and electric meter can significantly impact your energy expenses and overall utility management. While it’s tempting to simply go for the cheapest option, remember that factors like smart features, top-up flexibility, installation costs, and real-time monitoring capabilities are just as important. By taking the time to evaluate these aspects, you’ll not only find a cost-effective solution but also one that empowers you to manage your energy usage more effectively.

As you navigate the landscape of prepayment meters, keep in mind that prices can fluctuate based on various factors, including government policies. Opting for meters with consistent or fixed tariff rates can provide more stability in your budgeting. Utilizing energy comparison websites and staying updated with resources from Ofgem can further enhance your decision-making process, ensuring you choose a prepayment meter that suits both your needs and your budget. Ultimately, being informed and proactive about your energy choices will lead to greater savings and smarter utility management.