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EDF Energy Online Saver v4

spiidey
spiidey Posts: 48 Forumite
Can someone please help, am at my wits end with this damn company!

On the old Online Saver v4, what Direct Debit & Duel Fuel discounts should I be receiving, and what should they be getting applied to?

As far as I was aware, there is a Direct Debit discount of 6% which should be applied to both the Electricity AND the Gas charges.

In addition to that, there is a duel fuel saving of a further 6% of both the Electricity and Gas charges (or is it £25.40).

Also, as far as I was aware, the net total charge calculation should be in the following order:-

Gas

I. Unit rate x kWh used
II. Standing Charges
III. Gas transportation charge
IV. Subtotal = I + II + III

V. Direct Debit Discount applied @ 6% of IV
VI. Duel Fuel Discount applied @ either 6% of IV or £25.40 saving per annum
VII. Subtotal = IV + V + VI

VIII. VAT @ 5% calculated on VII
IX. Total Charge for period = VII + VIII




Electricity

I. Unit rate x Units used
II. Standing Charges
III. Subtotal = I + II

IV. Direct Debit Discount applied @ 6% of III
V. Duel Fuel Discount applied @ either 6% of III or £25.40 saving per annum
VI. Subtotal = III + IV + V

VII. VAT @ 5% calculated on VI
VIII. Total Charge for period = VI + VII

Is all of the above correct, or where am I calculating/assuming things wrong?

Comments

  • spiidey
    spiidey Posts: 48 Forumite
    Anyone able to assist?
  • Discount are as follows across all tariffs;

    Dual Fuel discount of £8.40 (including VAT) per year (this discount would be applied to your gas bill only)

    Monthly Direct Debit discount of 6%

    Hope this helps.
  • The Online Saver v4 finished at the end of 2010. If you were on it and didn't switch to anything else, you will now be on the standard tariffs.
  • Hi,

    In order to calculate for either gas or elec:
    unit rate*units used + SC*days = x
    DD discount = 6% of x
    This leaves you with 0.96x - Dual fuel of £4.00 (per fuel) = y
    Total charge = y*VAT @ 5%.


    Hope this helps!
    If you signed up to this years you'll still be on it, else it may have expired as said earlier.
  • redhead99 wrote: »
    Hi,

    In order to calculate for either gas or elec:
    unit rate*units used + SC*days = x
    DD discount = 6% of x
    This leaves you with 0.96x - Dual fuel of £4.00 (per fuel) = y
    Total charge = y*VAT @ 5%.


    Hope this helps!
    If you signed up to this years you'll still be on it, else it may have expired as said earlier.


    this isnt 100%,

    Dual Fuel discount is £8.40 and year and only applied to your gas account so £2.10 a quarter off you gas bill only
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