Imagine paying for your energy before you actually use it. Thanks to prepayment meters, you can! This type of energy meter, also known as a pay-as-you-go meter, operates much like a pay-as-you-go phone bill. You simply top up your credit and energy is readily available for you to use.
This payment method offers an effective means of managing your energy consumption, and it’s no wonder that around four million people in the UK are already reaping the benefits.
But how does this actually work? What are the advantages and disadvantages? And most importantly, can they help you reduce your energy expenses? We cover all this and more below!