Yes. Prepayment meters don’t have the same range of tariffs available to choose from nor do all price comparison websites cater for prepayment customers, but you should still compare rates to find the best possible deal.
Prepayment meters are essentially “pay-as-you-go” energy – you top up your meter to pay for gas and electricity as you use it – but are also one of the most expensive ways to pay for energy. Even so, prepayment meters remain popular for around 6 million customers throughout the UK.
If you want to replace your prepayment meter with a standard credit meter or smart meter, you need to speak to your current supplier, bearing in mind that they may charge a fee for the work. If so, it’s worth haggling and threatening to switch to another supplier – you may find that they waive the installation fee for your continued custom.