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£17 monthly increase in my gas DD
Finally got round to filing my bills and stuff, and noticed that my gas DD is increasing this month from £18 to £34 reflecting the amount of gas I use! 
I'm £18 in debt to British Gas, but have always been in credit, my £18 a month means I over pay in spring and summer but the over payment covers my extra usage in the Winter! But this time I went £18, but to me, that doesn't warrent a hike of £17 per month! :eek:
what can I do about it?
I'm £18 in debt to British Gas, but have always been in credit, my £18 a month means I over pay in spring and summer but the over payment covers my extra usage in the Winter! But this time I went £18, but to me, that doesn't warrent a hike of £17 per month! :eek:what can I do about it?
DEBT FREE for the first time in 10 years and with savings!
1st Baby due May 2011
it's a BOY:j0
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DEBT FREE for the first time in 10 years and with savings!
1st Baby due May 2011
£18 to £34 is a hike of £16 a month.
15,934 kWh at BG's post March prices will cost £447. So if that is the tariff you are on, £34 a month will not be sufficient to cover this - especially as BG usually take 11 months DD payments in a year.
Also £18 was not enough to have paid for last year's gas at their old tariff.
Who do you pay your electricity to? How much you pay depends on the area in which you live but an average cost from BG for 3963 kWh would be approx £420pa. (and BG are reasonable for electricity)
So allowing for discounts for the consumption you quote your dual fuel payments should be in the order of £65 a month.
Your dual fuel consumption is below the national average.
Similar problem here. My Scottish power DD has just gone up from £53 per month to £165 pm :eek:
Someone else suggested I phoned them and negotiated, but I assume that I will have to pay it all in the end? So reducing the payment is just going to delay and put me in debt for longer?
Or do they actually write off some of the bill? Okay...possibly stupid question, but these boards are really getting me thinking
BTW, we have only been with Scottish power for 10 months. I assume they gave us such a low gas/elec monthly DD price to entice us?:(
We should have been more on the ball checking the estimated meter readings. Used to always check them, but been a bit lazy recently
I am now considering another change but am a little sceptical as to the accuracy of energy comparison services and also the rates "new" suppliers say they will charge.
That is exactly what hapens all the time. There is only commission to be made if a customer switches.
I am pretty certain that if you were paying £50 a month with Company A and quoted this figure to Company B they would say £40. Quote £40 to Company C and they would say £30 etc etc.
Cardew is of course correct - I think you are currently Underpaying and when you get your next bill you will be more than £18 owing on gas.
Looking at this simply (using round figures cos it's easier!):
Example: If gas has gone up by 30% then so should your DD.
£18 x 1.3 = £23.40
However, if you are owing money (and it will depend on how much) you will need to pay that back over the year. So if you owe say £50 it is reasonable you will pay an additional £4 odd per month. (£50/ 12 months)
Your total would then be £28 per month.
So, in conclusion £34 seems high compared to your £18, but even I pay more than £18 pcm on gas and I'm at home only half the week in a 2-bed terrace, and I'm not so sure the £18 wasn't too low in the first place.
You need to make sure your current reads are inline with those on your bills/ account.
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