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EDF switch leaves low direct debit

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chuffee
chuffee Posts: 28 Forumite
Part of the Furniture 10 Posts Combo Breaker
I've just switched from a cap that ended to EDF. I've just got their letter wich says they'll be taking £20/mth (G&E )direct debit. With Eon I'm currently paying £79/mth (G&E)

I don't doubt I've been paying too much at the moment with Eon, my last quarterly bill was only £75. So I'm looking forward to getting back my outstanding balance from them.

The question is should I contact EDF and ask them to increase my direct debit, say to £30-£40/mth or am I better just keeping some cash aside? It goes against the grain to ask for my DD to be incresed, after struggling to get one reduced to a decent level. But on the other hand I don't want the account to go into debt from the start.

One complication is I've just had a new combi boiler installed to replace the immersion heater and I'm getting double glazing to cut the drafts out. So I don't really have an idea of what my usage will be over the winter. Central heating is still gas but hopefully a lot more efficent. Electricity should go down a lot now I'm not heating my water with it.

Comments

  • Somniac
    Somniac Posts: 147 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I would wait until you get your first statement. You'll have a better idea then what it should be. It might go into the red to start with but you have the option of paying the balance or just putting the amount up. It will go into debt at the start but you can't have it both ways.
  • gjs1701
    gjs1701 Posts: 163 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I am in a similar situation.

    EDF have set my elec DD at £4 !!!!!
    and gas at £15.

    With Scottish Power I was paying £57 combined and £78 in the winter months.

    I have just started putting £40 a month into a savings account until EDF work out that my DD should change. I figure the money is better earning interest for me.
  • messimoney
    messimoney Posts: 162 Forumite
    Can I be cheeky and ask what size house you live in to have such a low amount to pay?

    Mines a two up two down and E-on want £111 a month just for Gas.

    Everyone who I speak to live in larger houses and pay less, I cant seem to reason with E-on and convince them thats way too much. I only use 1hr of heatin in the morning and eve in winter months and of course my water which isnt over the top.

    Thanks
  • gjs1701
    gjs1701 Posts: 163 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I live in a two bedroom semi.

    EDF's payments were calculated by their website when I signed up.
  • Bark01
    Bark01 Posts: 892 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Just track your usage for a month or 2 and calculate what your consumption should be over a year using and use a curve to forcast it out over a year.

    This is the yearly consumption curve that i use, Jan - December

    Elec 10% 10% 9% 8% 7% 6% 7% 7% 7% 8% 10% 11%
    Gas 15% 13% 12% 9% 6% 4% 3% 3% 4% 8% 11% 14%
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