Blog Detail

Now you need smart meter to get cheap energy deals

31 Oct 17
No Comments

Energy suppliers are launching cheap tariffs that customers can only get if they agree to have a smart meter fitted.

Experts say that this is a desperate attempt to encourage more households to get one of the new digital meters, which automatically send meter readings to suppliers.

Research by comparison site Energyhelpline found that in London, EDF Energy’s Smart Saver tariff costs the average household £1,001 a year.

This is £20 less than its best deal for those who do not have a smart meter.

To get First Utility’s top tariff, the Smart First October 2018 v1, which costs £899 a year, you have to have a smart meter installed within the first six months.

From next year, Eon customers with a smart meter will instead be rolled on to a one-year fix.

Customers without a smart meter will go to its standard variable tariff. These are usually more expensive than fixed deals. Under Government rules, power firms have to offer a smart meter to every household in the UK by 2020.

But one in five households do not want one, making it difficult for firms to meet the target.

Money Mail has previously exposed some suppliers who have been using high-pressure tactics in order to fit more meters. 

These include scheduling appointments to fit the smart meters without being asked to do so.

Eon says that its move is part of a drive aiming to encourage more customers to sign up for a smart meter.

A spokesman for EDF Energy says it is trialling this type of tariff as an incentive to customers who have or want a smart meter.

A spokeswoman for First Utility says: ‘We are looking at a number of ways to engage customers who don’t have a smart meter yet, and this short-term offer was about helping to do that.’

Courtesy: Daily Mail Online

Leave A Comment