Direct debits?

constantworrier

Just got my water bill for the yearly direct debits. Amount due £112 and direct debits are £12.50 per month for 12 months. Surely that can't be right. Shouldn't it be £112 divided by 12 equaling £9 something. Any advice please.

Cardew

Are you sure it is for 12 months? Often they are for 8 or 9 months.

constantworrier

Cardew wrote: »

Are you sure it is for 12 months? Often they are for 8 or 9 months.

Yeah it's got list of 12 with £12.50 beside all of them. Thankyou.

spiro

Is the £112 last years bill or the estimate for next years bill? If its last years bill maybe they charge you more to pay by DD rather than paying it in one lump sum.

constantworrier

spiro wrote: »

Is the £112 last years bill or the estimate for next years bill? If its last years bill maybe they charge you more to pay by DD rather than paying it in one lump sum.

It's the estimate for next year. Thankyou.

spiro

constantworrier wrote: »

It's the estimate for next year. Thankyou.

As its an estimate they probably set the DD slightly higher so that you dont end up in debt at the end of the year.

Cardew

Are you metered?

newbutold

My water bills have always been paid over 10 months.

It could be they are anticipating your usage to be more this year/or their charges are going up.

It could even be a mistake! Phone them and ask.

constantworrier

Cardew wrote: »

Are you metered?

Yes thanks

constantworrier

newbutold wrote: »

My water bills have always been paid over 10 months.

It could be they are anticipating your usage to be more this year/or their charges are going up.

It could even be a mistake! Phone them and ask.

Hi newbutold. The letter has the list starting from 15/5/2012 til 15/4/2013. 12 payments of £12.50 amount due £112.50. So they are on the one hand saying they think I will use £112.50 but they are charging me £150. I've emailed them. Thankyou.

constantworrier

UPDATE: Water company have just rang and changed the direct debits to £9.36p a month. Thanks everybody.