Security Deposit

hotshamrock

Hi,

Does anybody know anything about security deposits for gas??
I have my electric with utility warehouse and have had for over a year, I know want to move my gas to them, and they have said that's fine, but they want a £100 security deposit for them to hold onto for 12 months, I pay my electric via dd and would be paying gas via dd as well, what on earth do they need a security deposit for?? are they worried I will run away with the gas meter?? what's the deal, I stuggle to buy food each month when my bills have been paid, I can't afford to give them £100 of my monet to sit on, that is 2 weeks of food shopping!!!

Any info, please and thank you!:(

spiro

Your annual gas bill will be much more than your annual elec bill. They have probably run a credit check and decided that they want a security deposit to ensure they get paid. Typically a supplier will keep this for 6 to 12 months and then repay it.

DVardysShadow

If you have had your electricity with them for a reasonable time and you have paid in full and in good time, then they are being unreasonable.

It sends a strong message that they do not want your business. Personally, I would move my electricity away from them and look for another gas supplier

chanz4

why pay another one of npowers companys, they own them