prepayment debt help

paulofessex

A great example of how useful these types of forums can be.

smileon

deffo a great example im so glad i ask now im going to leave the repayment of debt to 15 and see how i get on now i know how to work the heaters properly my bills should come down a hell of alot thanks so much again

tori.k

Also i assuming you are on a E7 tarrif, try and make the most of the cheaper night-time electric, timers are quite cheap and you can set a washer/dryer to come on after 12pm, if you can face the early mornings i used to get up at 5am when the kids were small and get all my ironing & baking done before the meter clicked over to the day rate. if you have space in the freezer batch cooking food that can be reheated in the microwave can save quite a bit on the electric.
we stopped using the nightstorage heaters as we found our old type one bled the heat to quick and were cold by teatime maybe turn the ones off in the bedrooms and invest in a portable heater to warm the rooms thru morning and night for 15 mins when you need it.
Chin up pet

consider joining up with www.imeasure.org.uk can get quite addictive trying to cut your usage when you see it set in a graft form

smileon

i will take a look at that thanks

macman

smileon wrote: »

deffo a great example im so glad i ask now im going to leave the repayment of debt to 15 and see how i get on now i know how to work the heaters properly my bills should come down a hell of alot thanks so much again

I hope so, but unfortunately that's not going to solve the problem of your existing debt of £2,300, that must have built up over a considerable period surely?

A_fiend_for_life

I'd also speak to your council or the energy saving trust about insulation.

14 months to accrue £2,300 might be reasonable considering. Is this based on actual readings?

WhiteHorse

Is it possible that the house insulation is so poor that the council is itself in breach of its own regulations?

SwanJon

paulofessex wrote: »

Also on the pre-pay meter you will be paying more per unit used and standing charge than you were before

Two ways of looking at this (and I'm going to get slated for one of them)

1) Most suppliers' prepayment prices are the same or less than their standard quarterly billed prices.

2) If you were paying zero towards your usage before, then yes, paying anything at all will be paying more than before.

markharding557

macman wrote: »

I hope so, but unfortunately that's not going to solve the problem of your existing debt of £2,300, that must have built up over a considerable period surely?

That will be slowly paid off at the £15 per week rate set by her supplier as she stated in her first post

macman

markharding557 wrote: »

That will be slowly paid off at the £15 per week rate set by her supplier as she stated in her first post

I'm not clear if £15 is the amount agreed to pay off the debt, or includes ongoing usage.