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Estimated bills and price rises

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  • Cardew
    Cardew Posts: 29,059 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    bootman wrote:
    I had a my gas bill from Atlantic last week. They estimated me at only using 40 units :mad:

    I had in fact used 310 units. I have been with them for over a year so they surely should work on last years figures of 300 units.

    A scam if you ask me!!! :cool:

    From another thread it appears that Atlantic raised their price on 01 Jan 06. So if that applies to your tariff you will be eventually paying for 270 units* or so of gas(that should have been at the old price) at the new increased rate.

    *Depending on the date of the estimated reading
  • Needless to say I queried this and after considerable persistence, got them to revise the whole bill, saving about £7 on £160 usage. This is not a big saving, but if the practice of underestimating around price rises is common, it could be netting them a small fortune.

    It is worth watching estimates around this time of price hikes as underestimates could be expensive.

    Thanks Dandelion_wine. This kind of practice by large utility companies drives me nuts. Imagine the extra revenue the company gets on average for each and every customer if you saved £7 by your negotiation.

    Problem as far as I can tell is that now an independant agency reads meters, the retail suppliers of electricity and gas do not get such frequent meter readings. I challenge anyone to say different. However, it is possible to ring up and leave an automated customer meter reading that will initate a new bill. I don't think this would get around the problem you describe when prices increase though.
    Wealthsaving - a way of life?
  • espresso
    espresso Posts: 16,448 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    However, it is possible to ring up and leave an automated customer meter reading that will initate a new bill. I don't think this would get around the problem you describe when prices increase though.

    :confused:

    I don't understand your logic on this. If the customer supplies a reading on the date of the notified price increase, the supplier can only charge the new price, for any units used after the supplied reading!

    :cool:
    :doh: Blue text on this forum usually signifies hyperlinks, so click on them!..:wall:
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