How much credit can I put on my top-up key and electricity prepayment meter (not smart)? (2024)

How much credit can I put on my top-up key and electricity prepayment meter (not smart)? (2024)

FAQs

How much credit can you put on a prepayment meter? ›

Our prepayment electricity meters can hold up to £249 – our gas prepayment meters can hold up to £999 credit. You can add anything from £1 up to £99 onto your card each time you go to your nearest Payzone, PayPoint or Post Office outlet to top it up with credit.

What is the maximum amount you can put on a smart meter? ›

For traditional, the electricity meter holds £250 maximum, and the most you top up in one transaction is £99. For gas traditional the maximum a meter holds is £999 and can top up up to £49 in one transaction. For Smart a meter holds up to £999 for both gas and electricity and maximum top up in one transaction is £200.

How much money can you put on an electric key? ›

Best Answer. With the gas and electricity meters, the key and card can be topped up a maximum of £49 at a time and the meters will hold a maximum of £249 credit.

What is the maximum amount you can put on an electric key ovo? ›

The maximum you can top up your gas meter in one go is £49. The maximum you can top up your electricity meter in one go is £50. You can only top up in full pounds. The maximum amount a payment card can hold is £249 and the most a key can hold is £250.

Is there a limit on prepayment meters? ›

Your prepayment meter can hold up to £249 of credit.

How much prepayment is allowed? ›

Borrowers may be allowed to foreclose or prepay their loan 6 months after the date it has been disbursed, without any prepayment penalty. A charge of 2.5% + GST will be levied on any prepayment amount that is over 25% of the principal due. Part prepayment can only be done once in a year.

What is the limit for prepaid electricity meter? ›

The meter assists in Managing a tenant's utility usage and eliminates disputes whilst offering a cost effective method of metering loads up to a maximum of 80A. The meter has an Advanced Tamper Detection due to the internal battery.

How much can I have on my electric meter? ›

Your meter can hold up to £255.99 of credit at a time. Your key can hold up to £255 of credit at a time, so although each top up can only be for a maximum of £99, you can top up multiple times before going back to insert in your meter.

Why is my bill higher than smart meter? ›

You'll see estimated readings which may be lower than the actual reading taken on the day of the exchange. Because any difference between the old estimate and the new accurate reading will show on the bill with your smart meter upgrade, it can appear as if the upgrade itself caused your usage to increase.

What happens if my prepaid electricity runs out? ›

Automatic Disconnection for Non-Payment: If the prepaid meter runs out of credit, the electricity supply is automatically disconnected.

How do I put credit on my electric key? ›

Topping up is a breeze:
  1. You just take your top up card or key to a Payzone, PayPoint or Post Office outlet. ...
  2. Simply give them your key, along with the amount of money you want to top up. ...
  3. They will top you up - and then you're ready to pop your card or key into your meter and add the credit.

What happens if my emergency credit runs out? ›

If you run out of credit you'll build up extra debt to your supplier, for example you'll need to pay back any emergency credit you use. You can agree how to pay it back with your supplier.

What is the emergency credit on the electric key meter? ›

You can use your emergency credit when the balance on your electricity meter drops to 50p or less. This is when your meter will give you a warning beep and you'll see a flashing 'e' on the screen. To start using your emergency credit, just take your key out of the meter, then put it back in.

How much credit does a prepayment meter hold? ›

Traditional electricity meters can hold up to £255 of credit and traditional gas meters can hold up to £999.99. Please run down the credit on the meter until this is below £255 for electricity or £999.99 for gas, before topping up again.

What is the maximum amount you can put on an electric key octopus? ›

There is a hard limit of £255 total credit on an electricity prepayment meter. If you try and top up above that limit, the top up won't be added to your meter. There is no limit on total credit for gas prepayment meters.

How can I have debt on a prepayment meter? ›

Here's a quick guide to why you might have debt on your electricity prepayment meter – and how to find out how much you owe.
  1. You've used some of your emergency credit. ...
  2. You've used all your emergency credit. ...
  3. You've missed paying a daily standing charge or debt repayment. ...
  4. You've set up a repayment plan. ...
  5. You've just moved in.

How much prepayment is allowed on mortgage? ›

What's a closed mortgage? You can't prepay, renegotiate or refinance a closed mortgage before the end of the term without a prepayment charge. But, most closed mortgages have certain prepayment privileges, such as the right to prepay 10% to 20% of the original principal amount each year, without a prepayment charge.

How much emergency credit on electric meter? ›

£10 emergency credit is available on both your smart gas and / or electricity meter. If you have a smart prepayment meter, you can activate emergency credit on your In-Home Display (the little screen which shows you information about your meter).

What is friendly credit on a prepayment meter? ›

Friendly credit hours are a feature on prepayment electricity meters that let customers keep using electricity, even after you run out of credit (or emergency credit) during evenings, weekends or Bank Holidays. Our friendly credit hours depend on whether you have a traditional (non-smart) or smart prepayment meter.

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