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I was paying too much afetr all :-)

Jayllie
Jayllie Posts: 13 Forumite
I have just been plodding along for a year paying my gas and electricity by DD. I was paying £70.00 a month in gas and £45.00 a month in electric. People kept telling me I was paying too much but until recently when I have come into financial difficulty I haven't done anything about it. Well today I called them up and not only have I managed to cut my gas down to £45.00 a month and my electricity to £40.00 but I also got £60.00 refunded into my bank account, woohoo!

Just thought I would share this with you on the hope of encouraging more of you to make sure you are not paying too much before it is too late :-)
Before borrowing money from a friend, decide which you need most.

You cannot spend your way out of recession or borrow your way out of debt

Proud to finally be dealing with my debts :D

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Who are you with? What is your annual usage in kWh? What region do you live in?

    I bet you or I could get it even lower by switching to an online managed monthly direct debit tariff.

    If you were paying £115 per month but only used £85 per month then after 12 months your refund should have been £240.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Jayllie
    Jayllie Posts: 13 Forumite
    Sorry I should have said that I also got a refund just before xmas but thought that was with just not using much during the summer months last year. I am now managing online, but will definitely still see if I can get cheaper elsewhere. I am with Scottish Hydro Electric for both.
    Before borrowing money from a friend, decide which you need most.

    You cannot spend your way out of recession or borrow your way out of debt

    Proud to finally be dealing with my debts :D
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