utility bill

anaita

hello I have a fixed rate bill for our utitity uses finishes in two years next year ,every year in February we get the quarterly bill saying we are in dept,why is this happening ,as I thought they regulate our uses every year ,whats the use having a fixed rate for our electricity and gas.should they be doing this.?

Gerry1

https://www.moneysavingexpert.com/utilities/lower-energy-direct-debits/#whatyoupay

JJ_Egan

anaita wrote: »

hello I have a fixed rate bill for our utitity uses finishes in two years next year ,every year in February we get the quarterly bill saying we are in dept,why is this happening ,as I thought they regulate our uses every year ,whats the use having a fixed rate for our electricity and gas.should they be doing this.?

Fixed Rate is not fixed amount used .
The rate is fixed not what you use .

Carrot007

No one has a fixed rate, it depends on usage.


However you may be paying enough and just be in DEBT in Feb and not at other times.

Make a spreadsheet, work it out.

Swipe

The point of a fixed rate is that your tariff price doesn't increase. I assume you pay by fixed monthly direct debit which means that you pay the same amount each month into your account. You are always in debt in February's bill because you consume more during winter which then gets balanced out over the warmer months by the fixed amount you pay each month..

MWT

anaita wrote: »

...every year in February we get the quarterly bill saying we are in dept,why is this happening...

Check the quarterly bill that you get in August, what does that show?

anaita

thank you all for your comments I understand now what it means.