[Paul1978]

Why isn't there any new tarriffs on Eon smart payasyougo meter

[geoffers]

@Paul1978 - EOn provide multiple different tariffs, and PAYG is just one of those.

So presumably it doesn't have any different tariff subdivisions within the payg type of tariff itself

Have a look at this for more detailed explanation of PAYG https://www.gocompare.com/gas-and-el...energy-meters/

[Poppy_EONNext]

Hey @Paul1978 🙂

How did you get on with this? Did you find the information you were looking for?
Pop back and let us know 😁

[tiggy2025]

Originally Posted by geoffers

@Paul1978 - EOn provide multiple different tariffs, and PAYG is just one of those.

So presumably it doesn't have any different tariff subdivisions within the payg type of tariff itself

Have a look at this for more detailed explanation of PAYG https://www.gocompare.com/gas-and-el...energy-meters/

payg shouldn’t be classed as a tariff, it is a payment method. Just like direct debit is also a payment method which has numerous tariffs available.

this is an industry wide issue where there is very little choice, often none at all, of tariffs for payg, which considering it is very often the most vulnerable on payg, it feels like the industry just wants to fleece as much money as possible from them.

[meldrewreborn]

@tiggy2025

Progress has been made - PAYG used to be more expensive than DD, but now is cheaper on the SVR. But as you correctly point out its a payment method with only one tariff.

On the other hand it provides a sort of perverse incentive for customers to strive to get off of PAYG and onto credit terms to be able to access cheaper fixed tariffs. But of those who have that option (they're already on a credit tariff), the majority don't opt for a fixed tariff, and some still insist on paying after receipt of bill which costs even more. I can't fathom their logic at all.

I'm no expert on internal billing systems, but I don't imagine there is a technical reason why PAYG can't have more tariffs, especially if the meter is smart.

[tiggy2025]

Originally Posted by meldrewreborn

@tiggy2025

Progress has been made - PAYG used to be more expensive than DD, but now is cheaper on the SVR. But as you correctly point out its a payment method with only one tariff.

On the other hand it provides a sort of perverse incentive for customers to strive to get off of PAYG and onto credit terms to be able to access cheaper fixed tariffs. But of those who have that option (they're already on a credit tariff), the majority don't opt for a fixed tariff, and some still insist on paying after receipt of bill which costs even more. I can't fathom their logic at all.

I'm no expert on internal billing systems, but I don't imagine there is a technical reason why PAYG can't have more tariffs, especially if the meter is smart.

Agreed progress has been made as you are correct they are cheaper slightly than the SVT, but I think there is still further scope to improve further, and like you say with smart meters I can’t see any reason why spayg can’t offer more tariffs with maybe a bit of work needed to the billing systems.

it would be nice to see to start a choice similar to Utilita I believe where lower users can pay a slightly higher rate for first couple of kWh and then a more standard rate for the rest of the day instead of a standing charge.

also some sort of spayg time of use option would be nice to see as well, offering cheaper rates if usage is shifted away from peak.

[meldrewreborn]

@tiggy2025

i can remember tariffs from years ago that were advertised as zero standing charge. In practice the initial units covered the standing charge and most customers benefited absolutely nothing at all.

what is needed for one supplier to break ranks and introduce a cheaper tariff. At the moment there is little competition for PAYG custom.

[tiggy2025]

True the “zero standing charge” would only benefit those with low usage but it would be a start.

agreed it would be nice to see suppliers compete for payg custom with cheaper tariffs and incentives such as time of use etc.

[DebF_EONNext]

I love this thread, I was on prepayment for a long time myself and I often got frustrated at the lack of tariffs available, especially when it wasn't my choice to be on prepayment but because I was renting I didn't have much of a choice. I agree that it has come a long way and I also agree that it should be treated as a payment method rather than a tariff type.

Everyone's circumstances are different but what would the ideal PAYG tariff look like for you? For me personally it was the standing charges that hit me the most but now that has been capped a little it doesn't seem so bad but I think it would be good to have options. I would have liked to have seen a reward tariff when I was payg 🤔 perhaps some kind of end of year rebate if you had stayed in credit and not used emergency credit or you had topped up regularly! You don't get the option of a direct debit reduction on payg so maybe this would be a good alternative?!

[meldrewreborn]

@DebF_EONNext

PAYG is now cheaper than DD - so no option is needed.

but those on credit terms have a wide range of tariffs to chose from, but only one on PAYG. I doubt that many would consider that to be fair!