Chapter 4: Meters and methods of payment1. Standing charges and tariffsPrice capsDefault price capPrepayment meter price capWarm Home DiscountEngland and WalesScotland2. Types of metersStandard credit meterVariable rate credit meterEconomy 7/white meterPrepayment metersCollecting arrearsEmergency creditSelf-disconnectionAdvantages of prepayment metersDisadvantages of prepayment metersSmart metersAdvantages of smart metersDisadvantages of smart meters3. Payment methodsCredit meter payment methodsPrepayment meter payment methods4. Fuel Direct5. Choosing how to paySupplier discretion in switching with a debtFor more information on reading your meter, see Appendix 2.