Hi, I was recently told I could be on a commercial meter , although I'm in a domestic property - I am on a domestic tariff but will the commercial meter increase my bills ( as I am paying and have been paying an awfull lot more than similar size properties/ household as mine )
Commercial meter in domestic property
- Tags for this Thread
- business
- commercial
- metering
- tariff
- tariff update
- vat
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Best Answer
Community Team08-05-24Best AnswerGreat advice @retrotecchie
@Tnewberry79 out of curiosity did is this for business purposes or is the property 100% residential? I just ask as if it’s a residential property only you shouldn’t have been given the commercial option. If that’s the case then it may mean your account set up isn’t quite right and might need to be looked at.Last edited by DebF_EONNext; 08-05-24 at 19:37. Reason: Tag
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Level 9201-04-24@Tnewberry79
Commercial meters or contracts will always cost significantly more than domestic tariffs. Even if the standing charges and unit rates were identical, commercial energy attracts VAT at 20% while domestic energy attracts VAT at 5%.
Remember what happened to energy prices two years ago? Domestic energy is protected by the Government price caps. Commercial energy isn't.
I'd stay exactly where you are, but do an energy self-audit to find out why you use that much more than a similar property.Don't shoot me, I'm only the piano player. I DON'T work for or on behalf of EON.Next, but am willing to try and help if I can. Not on mains gas, mobile network or mains drainage. House heated almost entirely by baby dragons.
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