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Extend capped prices?

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hundredk
hundredk Posts: 1,182 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
I am on capped gas and electric tariffs until march 2009 and recently received a bill with an over estimated reading. This made me think that rather than have the reading corrected, I would be better off the more in front the estimated readings got. With current estimates, by the time March comes round I will be about 6 months ahead on meter readings (assuming the meter is not read). This effectively means I will have paid for those units in advance at the capped rate until Sept 2009.

Providing the customer is able to control readings for a year or so without being read by supplier then slowly reduce to correct reading is this a way to extend capped prices? Is it legal?

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  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    hundredk wrote: »
    I am on capped gas and electric tariffs until march 2009 and recently received a bill with an over estimated reading. This made me think that rather than have the reading corrected, I would be better off the more in front the estimated readings got. With current estimates, by the time March comes round I will be about 6 months ahead on meter readings (assuming the meter is not read). This effectively means I will have paid for those units in advance at the capped rate until Sept 2009.

    Providing the customer is able to control readings for a year or so without being read by supplier then slowly reduce to correct reading is this a way to extend capped prices? Is it legal?

    Asked several times.

    No it is not legal, it is deception with intent to defraud.

    Impossible to prove however!!!!
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