We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Gas Advice Needed

I had a larger than usual bill a year ago and could not afford to pay for it in full due to being on benefits. Npower agreed that I could pay the bill off at three pounds per week if I had a prepayment installed. I started off ok but I also received a larger than average electric bill and agreed the same with Npower. As I never used the gas for a year just before Xmas I looked at my meter and about £100 pounds had run up debt even though I had never used it. What is the best way as three pounds a week is never going to get rid it seems I am just paying about £3.50 weekly just for having the meter in. Obviously if I carry on there is going to be another £100 plus debt for the ornamental meter. Any advice greatly appreciated.

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Do you use gas at all? How do you heat your property?
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    Standing charge?
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    A year's standing charges on a gas account can easily total £100 (30p per day)-why did you agree to a PPM on that account if you weren't going to use the supply? All you had to do was to agree a different method to repay the debt, and switch to a NSC tariff on the existing credit meter.
    No free lunch, and no free laptop ;)
  • there is a daily standing charge on the meter, so now as the gas meter hasnt been topped up to allow the standing charge to build as an additional debt, you will find that 70% of every top up you make is taken straight away and it will gradually pay back the standing charge thats built up and the arrears of the debt payments that havent been made.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.