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Energy Companies and Direct Debits whinge.
Comments
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My energy company raised my dd by £13 even though I was £10 debit. Later they gave me back £75 back, leaving a month's payment on the account and reverted back to the original figure.
Energy companies don't bother looking at the energy use from 12 months ago. So if you use 20% more energy in the winter, it's very likely to be 20% more the next winter.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
I suspect they work on the principal that the money is in their account. A many customers paying £B too much = £AxB free loan for them."A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0 -
I am with EDF. Submit a reading every month and they will bill you every month (but they will not bill at less than 28 days). 6 months is their default billing cycle.
When I submit my reading at the end of this month I calculate I will be £55 in credit, £100 in October, and projecting forward to February when my annual review is due I will be at around £0. If you are in debit now your DD is too low.
Yes im in {{was}} in debt. A whopping £7.. except now im actually in credit because the next payment has come out.
So £1 underpayment a month = a £29pm increase?
I dont need to turn the heating off it rarely comes on anyway. This house is super warm. Visitors often ask if we have the heating on.
I actual bill amount is immaterial. Just having a whinge that the energy companies increase the DD out of proportions to the underpayment. Totally agree it needs to increase to stay level. But £29 = they will be sending me a cheque in 6 months.
When the next bill arrives in 6 months as already proven to be correct as molerat said thats their standard billing cycle. Even with monthly supplied readings.
Yet they have not increased the DD until now.Censorship Reigns Supreme in Troll City...0 -
OP have you submitted meter readings like you have been advised, or are we to watch your dilemma as winter encroaches upon us!Blackbeard_of_Perranporth wrote: »0
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