First utility taking 10 working days to refund credit

Hi,

Decided to switch energy supplier on the 7th of September to bulb, I was a first utility customer with first utility fitted smart meters, which you'd think would allow them to read my meters quickly and produce a final bill quickly on the switch over date.

Switch over date was 27th September, I knew my first utility account had a reasonable amount of credit in it so I was expecting this to be refunded in a sensible amount of time.

Checked my first utility online account and saw they had calculated the final amount of £170, rang them to get this sorted out / refunded, was told it takes 10 working days to refund the money.

Am I being unreasonable in saying this is ridiculous amount of time ? anyone else experienced this ? I have lodged a complaint via the energy Ombudsman. From the point I decided to switch energy providers to the date of the refund, this will be over 2 months.

Thing is if I decided to not pay my energy bill for over 2 months I'm sure I'd be getting red letters and grief off my energy supplier. The justification they gave over the phone is the refund has to go through several departments, this is why they can't refund me sooner even though their billing system had clearly calculated what they owe me.

Comments

  • wavelets
    wavelets Posts: 1,164 Forumite
    1,000 Posts Combo Breaker
    edited 25 October 2018 at 6:44PM
    Hi,

    Decided to switch energy supplier on the 7th of September to bulb, I was a first utility customer with first utility fitted smart meters, which you'd think would allow them to read my meters quickly and produce a final bill quickly on the switch over date.

    Switch over date was 27th September, I knew my first utility account had a reasonable amount of credit in it so I was expecting this to be refunded in a sensible amount of time.

    Checked my first utility online account and saw they had calculated the final amount of £170, rang them to get this sorted out / refunded, was told it takes 10 working days to refund the money.

    Am I being unreasonable in saying this is ridiculous amount of time ? anyone else experienced this ? I have lodged a complaint via the energy Ombudsman. From the point I decided to switch energy providers to the date of the refund, this will be over 2 months.

    Thing is if I decided to not pay my energy bill for over 2 months I'm sure I'd be getting red letters and grief off my energy supplier. The justification they gave over the phone is the refund has to go through several departments, this is why they can't refund me sooner even though their billing system had clearly calculated what they owe me.

    https://forums.moneysavingexpert.com/showpost.php?p=74780609&postcount=279 :cool:

    Yes.
  • System
    System Posts: 178,302 Community Admin
    10,000 Posts Photogenic Name Dropper
    Suppliers have up to 6 weeks from the date of the actual transfer of supply to raise a Final Bill: credit repayment will then follow. To raise a Final Bill, the old supplier requires industry-verified meter readings from your new supplier. Have you had a Final Bill?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Just another reason not to switch :)
  • I've had to use Resolver twice in 6 months to get a credit refund from FU as they refused to refund the overpayments. A third complaint is ongoing as they kept some of the credit as I'd changed supplier, & took two further direct debit payments, one of which was after the account hasd been closed. I'm not sure if this is illegal or immoral for a company to do this, especially as they owed me money. Their replies signed by Marvelous are patronising, F*** U would be more appropriate for their greed & appalling attitude towards customers.
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
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support 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.