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Electric bill - what should I do???

Hi guys.....
Just got elec bill for the last three months, and its £115.18 - I must have saved a small fortune by not using the tumble dryer and switching the tv off when OH falls asleep in front of it!

Anyways, I save £50 a month for the elec bill, so good news already.... but I also noticed that the estimated reading thinks we have used more than we actually have :T

So, do I a) enter accurate meter readings to reduce the bill even more or b) pay it as it is and pull back the 'extra' when the bigger winter bills come in?

Any thoughts?
'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde

Should I correct the meter readings now or 'save' it for the winter? 16 votes

Correct meter readings now, and pay less now?
18% 3 votes
Carry over 'extra' and hopefully pay less in the winter?
81% 13 votes

Comments

  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    If your not desperate for the cash Sarah I would go for option 2 :grin:
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • MissKJ
    MissKJ Posts: 780 Forumite
    me too, option 2. Just had a much smaller bill than ususal myself. Had a rewire and it seems to have made big difference. Mind you we did have live wires in walls????? Once I am back in credit I will reduce monthly payments because they don't give interest when they have your cash do they? so really you should use it somewhere else if you are disciplined and pay them as little as possible as late as possible??
    unsecured Debts at [strike]August 2007 £79,984[/strike] September £79,579 [STRIKE]Snowballing date July 2013[/STRIKE].

    May 2009, £76,772 unsecured debts

    DMP started Dec 2008, End date at start 2133!
  • chevalier
    chevalier Posts: 7,937 Forumite
    Part of the Furniture Combo Breaker
    I would do 2 as well, then if this winter is really bad then you have a bit extra put by
    chev
    I want a job that is less than an hour driving away from my house! Are you listening universe?
  • Definitely option 2. Imagine building a "bank" for the winter. Great idea!
    Grocery Challenge M: £450/£425.08 A: £400/£:eek:.May -£400/£361 June £380/£230 (pages 18 & 27 explain)
  • red74
    red74 Posts: 348 Forumite
    Use the snowball calculator to see what affect it would have on your dfd if you put the money you were saving on the leccy into paying off your debts, then make a decision on that.
    1st April 2008 challenge
    :mad: xmas overspend = [strike]£254.05[/strike] £0:j......cc1 = [strike]£240.78[/strike] £0:j .......cc2 = [strike]£667.47[/strike] £0 :j ...amount owed to ISA = [strike]£1599.90[/strike] £0:j
    TOTAL TO GO = [strike]£2762.20[/strike] £0 !!!:dance: DONE IT DONE IT DONE IT!!!:dance:
This discussion has been closed.
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