The question I'd be asking myself is, if I switch over to a Smart plan that only has one rate will that plan still be there at next renewal??Both plans are 24 hr unit rate which I personally rather. Once you move to the full smart plan, there's no going back they said.
Has anyone a good idea of which is better to stay with?
100%...they're really the only options that come up for Smart rates when I got to Bonkers or Switcher. Leaning towards sticking on a normal tariff.The question I'd be asking myself is, if I switch over to a Smart plan that only has one rate will that plan still be there at next renewal??
If not then you're looking at a renewal smart plan that will more than likely have the three rates Day, Night and Peak
You don't have to "renew" your contract. You can agree a further minimum term if they offer an incentive and that would be on your current tariff.The question I'd be asking myself is, if I switch over to a Smart plan that only has one rate will that plan still be there at next renewal??
If not then you're looking at a renewal smart plan that will more than likely have the three rates Day, Night and Peak
But isn't that kind of the point I was making, when it comes to renewal on a smart meter plan you're stuck with only the offerings for smart metersYou don't have to "renew" your contract. You can agree a further minimum term if they offer an incentive and that would be on your current tariff.
No. ESB just turned up one day to say that they were installing the thing and went ahead.We recently had one installed and the communication we received said the metre was configured for Day Night. If we put off the installation, it would be installed at a future date and wouldn't be allowed to keep current tariff. Did you receive any notification about the installation?
ESB recently installed a smart meter at my home. I am with EI on day/night rate. Does anything change for me since the smart meter was installed or do I still keep my day/night rate?
The question I'd be asking myself is, if I switch over to a Smart plan that only has one rate will that plan still be there at next renewal??
If not then you're looking at a renewal smart plan that will more than likely have the three rates Day, Night and Peak
True, you'll even continue to receive estimated bills with the smart meter installed.Nothing will change unless you decide to change something.
Electric Ireland certainly offer a single rate - and the cheapest standard rate in the market.But isn't that kind of the point I was making, when it comes to renewal on a smart meter plan you're stuck with only the offerings for smart meters
and very few suppliers are offering single or dual rate plans for smart meters at the moment so it's going to be a big "if they offer you an incentive"
My understanding is like it or not we all are going to have to switch on our smart meters and in a few years when they finish the roll out of the smart meters they will also stop offering single and day/night rate plans and have every household on a three rate plan or some version of the day, night and peak plan
The Regulator is very much in favour of smart plans, it is at their direction that once a consumer has switched to a smart plan they are not allowed to switch back to a non-smart one.It has been suggested on another thread here that, over time, it's likely that the rates for non-smart plans will slowly be increased until they are no longer an attractive option. (I assume that the Regulator's approval would be required.)
And yet I've read elsewhere on social media that people in this situation contacted the Regulator and they said this was not their policy, it was a matter for providers.The Regulator is very much in favour of smart plans, it is at their direction that once a consumer has switched to a smart plan they are not allowed to switch back to a non-smart one.
Perhaps a bit of a cop-out from the regulator, they are setting migration targets and mandating that 'suppliers must take reasonable and effective steps to migrate all relevant customers to an appropriate Time-of-Use Tariff in a timely manner.'And yet I've read elsewhere on social media that people in this situation contacted the Regulator and they said this was not their policy, it was a matter for providers.
Was there any official communication from the Regulator confirming this?
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