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NPower increase my payments

Nicky321
Nicky321 Posts: 1,426 Forumite
I switched to Npower in September 2009 as this seemed a cheaper option. I was with Scottish power and paid £105.00 per month which covered my bill and left me in credit by a small amount. My direct debit with Npower was arranged for me to pay £85.00 per month. In January my first bill came through from NPower (but i have only just noticed it commenced on estimated readings) and was for a total cost of £546.26 and had credit payments of £170.00 (they only started taking payments from December 2009) leaving me with a balance of £376.26. My new bill has now arrived saying new charges are £624.37 plus my balance from last bill £376.26, total of £1000.63 less payments received of £510.00 leaving me with a balance of £490.63 and they will now be putting up my payments to £209.00 per month from £85.00. THERE IS NO WAY I CAN AFFORD SUCH AN INCREASE IN PAYMENT. What shall i do :(

Comments

  • Nicky321
    Nicky321 Posts: 1,426 Forumite
    I could probably borrow the money outstanding from family/friends to pay in full what I owe. Then am I aswell swapping back to Scottish power who on the comparison site can save me £257 per year.
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    edited 24 July 2010 at 10:53AM
    Nicky321 wrote: »
    I could probably borrow the money outstanding from family/friends to pay in full what I owe. Then am I aswell swapping back to Scottish power who on the comparison site can save me £257 per year.

    That probably seems the best solution.

    Don't forget to try and blag some cashback too - should go some way to repaying the money you have to borrow. :)

    Keep an eye on your meter readings in future and if necessary use a site like imeasure.org.uk to keep a tally of your actual consumption.

    You appear to have used about £50 per month more energy than you were paying for, and so are being charged about £100 per month extra on top of the original figure agreed to (a) rectify that and (b) repay the amount now owing. By keeping a regular check on the meter, you would be aware of what you are actually consuming.
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • Nicky321
    Nicky321 Posts: 1,426 Forumite
    Premier, thanks for you advice, I have now registered with imeasure.org.uk as for swapping suppliers, do you know if you are able to get double cashback? eg, cashback from "moneymarket.com" and then cashback from "supplier"? I'm sure ive heard of some people managing this.
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