E4B in administration

anniecave

regarding estimated readings, scooby7346, are the estimated readings you refer to when you transferred over to E4B (from another supplier), or part way through your supply period, or when you moved into the property?
If you have several bills for your supply period, (even under different contracts), some readings may be estimated, some may be based on actual readings, but as long as they all follow on from each other, then it's correct and logical.
Your opening reading if you change supplier should be the same as your closing reading from your previous supplier.
If you move into a property and don't give them a customer own reading then they have to estimate based on previous consumption and that's legal.

222abc222

Hi i was just wondering as my final bill is an estimated reading aswell,which i can see how they can work out.

anniecave

just saw your earlier post scooby7346. So was the previous "reconciled" end meter reading the same as your opening reading on this set of statements. If it is, then that makes sense. If it's not, query it.

If they have sent you a statement with a payments total that doesn't match what you have paid, and the difference is VAT, then that sounds like they have just sent you an incorrect letter.

If their billing amount matches (in total) to what you have paid then you have no need to pay anything further.

VAT on electricity goes by the "profile" of the meter. So if your meter is recorded as domestic, then it will be 5% VAT. If your meter is listed as business, then it should be (now) 15% VAT. The only exception is if you use less than 33 units of electricity a day on a business meter, than the lower VAT rate of 5% should be charged anyway.

If you are a running a business through a domestic meter that is a different issue. Technically your meter should be recorded as a business meter and then you should fill out a VAT declaration form to confirm what proportion of your electric is used for business purposes and what for domestic purposes. They will then split the VAT on your bill in the same proportion.

scooby7346

anniecave wrote: »

just saw your earlier post scooby7346. So was the previous "reconciled" end meter reading the same as your opening reading on this set of statements. If it is, then that makes sense. If it's not, query it. Yes, they are identical figures but they are both estimated. And I was D/D'd with a sum of money to reconcile. But I do see what you mean.

If they have sent you a statement with a payments total that doesn't match what you have paid, and the difference is VAT, then that sounds like they have just sent you an incorrect letter. No doubt about this. They have laid out my payments in this "contract year" and they are different to what I have actually paid. And the difference is exactly 5%. And although the debt collectors say that they have raised my query with the Administrators they in turn have said that there is nothing wrong. But they (the Administrators) are saying that I paid £x during the period in question when my bank statements say that I have paid £x + £y where y = 5% of the amount that they say that I have paid. In other words if you add 5% to the amount that they say I have paid you get the actual figure that I have paid.

As per my earlier post I wrote explaining this to the Administrators but still haven't received a reply, and I also stated in my recorded delivery letter that upon receipt of a correct invoice I will settle the account immediately.



If their billing amount matches (in total) to what you have paid then you have no need to pay anything further.

VAT on electricity goes by the "profile" of the meter. So if your meter is recorded as domestic, then it will be 5% VAT. If your meter is listed as business, then it should be (now) 15% VAT. The only exception is if you use less than 33 units of electricity a day on a business meter, than the lower VAT rate of 5% should be charged anyway. We are a farm that uses little electricity in the Summer. For the period 04/05/08 - 24/10/08 we used less than 33 units/day.

If you are a running a business through a domestic meter that is a different issue. Technically your meter should be recorded as a business meter and then you should fill out a VAT declaration form to confirm what proportion of your electric is used for business purposes and what for domestic purposes. They will then split the VAT on your bill in the same proportion. No need to do this. I don't even want to attempt to recover any of the VAT levied on my electricity charges. I don't want the hassle of an argument with HMRC as to how much is domestic use and how much is business. It just wouldn't be worth it.

If I owe any money then let the Administrators get the figures correct and I will pay.

And thank you for your interest.

sodhisingh

Hi,
I had a bill oustanding 1700, then bill they sent after adminsitration was £3200(ie: 12 months on even 12 plan)) , we sent at least 6 different letters to the solictors (actin for them) now they have sent a bill for £2100, SO ITS WORTH FIGHTING, I AM still going to send more letters get it down to the 6 months i owe, of 1700 and Hopefully be resolved...I will let you know

NOTE:NEXT TIME SOME !!!! WALKS IN YOUR DOOR OFFERING CHEAP RATES KICK HIM OUT !!

Psimms

Did you know that E4B were paying broker commissions of up 24% of the customers net annual electricity spend?

Sales agencies were incentivised to sell longer term contracts in exchange for more cash. These commissions were paid in advance and without claw backs

The 'cheapest' price does not always deliver the best value for money