Do Energy companies purposely get you into debt?

Carrot007

Cardew said:

I am loath to disagree with such a distinguished contributor as Dunstonh but IMO he is missing the point about this issue and BrewerDave in his post(I wish posts were numbered as they used to be) has hit the nail on the head.

It is the company’s fear of customers building up a large credit or debit balance and thus the company falling foul of Ofgem that causes problems.

I know the annual consumption of my main house and rarely have problems. I don’t know the annual consumption for my annex because it varies  – and I have had it 30 years. I give them an estimate, say xxxxkWh and they give me a monthly DD figure.

So in the first few months I use very little and the ‘all seeing all knowing computer’ reduces my DD drastically to prevent a build up of credit. Then it is used heavily for a couple of months and the DD is massively increased to prevent a build up of debit.

The use of smart meters will not prevent this issue.

It really will though becuase usage for any competent company (so not the cheap ones you all go to that go out of business as soon as they get too many customers and have to take part in the government regulations) bases the usage on the EAC and AA figures that they all have access too. (Do google those terms).

hareng

Carrot007 said:

It really will though becuase usage for any competent company (so not the cheap ones you all go to that go out of business as soon as they get too many customers and have to take part in the government regulations) bases the usage on the EAC and AA figures that they all have access too. (Do google those terms).

Not everyone likes getting ripped off by the big 6, there are dozens of competant smaller legit UK companies.

From what ive seen customers complain when gaining 1 1/2 months going in to winter. That will soon be eat up by February.

I am currently 2 1/2 times (months) in credit providing actual usage the last 3 1/2 years, it will balance out by around May. Junes electric and gas cost approx £28, Jan will be about £112, not hard to figure.