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Octopus Tracker

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  • Chrysalis said:
    QrizB said:
    It has taken about a week to get my latest bill this time. I submit readings every 8-10 days and it usually takes at least 2 days for the bill to be produced.
    Why on earth do you want a bill every 8-10 days? That's a huge waste of Octopus' resources.

    I do the same with Tracker. Readings on the 10th, 20th and last of the month.
    I wouldn't call an automated pdf by email a huge waste of resources.
    I actually thought this was standard practice, in the past whenever I have submitted a reading its usually triggered a bill.  Interesting to know it isnt anymore.
    Still the case/should be still the case, bill/statement issued each time a meter reading is submitted irrespective of whether or not any energy has been used during interim period.
  • Ha!  After noticing the lack of bill yesterday, it's arrived today, a week after the meter reading. 
  • Ha!  After noticing the lack of bill yesterday, it's arrived today, a week after the meter reading. 
    My readings were submitted on 15th, bill email arrived on 21st. I will send new readings in today. 

    My DD payments also sit pending for 2-3 days before being added to my balance.
  • Chrysalis
    Chrysalis Posts: 4,724 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    EPG rate for my region is only 33p instead of 34p, but I did the maths and even if Agile is not subsidised I am still better off staying on it due to the heavily discounted SC.
  • Umiamz
    Umiamz Posts: 594 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Ha!  After noticing the lack of bill yesterday, it's arrived today, a week after the meter reading. 
    My readings were submitted on 15th, bill email arrived on 21st. I will send new readings in today. 

    My DD payments also sit pending for 2-3 days before being added to my balance.
    DD payments have been pending for a few days ever since I joined Octopus 4 years ago.
  • Umiamz said:
    Ha!  After noticing the lack of bill yesterday, it's arrived today, a week after the meter reading. 
    My readings were submitted on 15th, bill email arrived on 21st. I will send new readings in today. 

    My DD payments also sit pending for 2-3 days before being added to my balance.
    DD payments have been pending for a few days ever since I joined Octopus 4 years ago.
    As you say, it is the norm and always has been. FWiW, I have just got a DD advice note from my ISP. The money will be credited to my ISP account next Tuesday.

    As a Society,  we have become increasingly impatient when it comes to things happening immediately - the result of emails and social media.
  • MWT
    MWT Posts: 10,273 Forumite
    10,000 Posts Fifth Anniversary Name Dropper

    Umiamz said:
    Ha!  After noticing the lack of bill yesterday, it's arrived today, a week after the meter reading. 
    My readings were submitted on 15th, bill email arrived on 21st. I will send new readings in today. 

    My DD payments also sit pending for 2-3 days before being added to my balance.
    DD payments have been pending for a few days ever since I joined Octopus 4 years ago.
    This bit is normal as the customers bank has 3 working days from the point the DD is taken to notify that funds were not available and reverse the payment.
    These batch processed DD payments are unusual in that the supplier gets paid first, then the bank checks if the funds were actually available or not...
    So it isn't until day 4 after the DD that the supplier can assume the funds are really there.

  • Umiamz
    Umiamz Posts: 594 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    MWT said:

    Umiamz said:
    Ha!  After noticing the lack of bill yesterday, it's arrived today, a week after the meter reading. 
    My readings were submitted on 15th, bill email arrived on 21st. I will send new readings in today. 

    My DD payments also sit pending for 2-3 days before being added to my balance.
    DD payments have been pending for a few days ever since I joined Octopus 4 years ago.
    This bit is normal as the customers bank has 3 working days from the point the DD is taken to notify that funds were not available and reverse the payment.
    These batch processed DD payments are unusual in that the supplier gets paid first, then the bank checks if the funds were actually available or not...
    So it isn't until day 4 after the DD that the supplier can assume the funds are really there.

    It's something that Octopus choose to do, though. Amex, for example, often show the credit on my account the day before the DD has been collected. They've chosen to do that and would remove the credit if the payment failed for any reason.
  • MWT
    MWT Posts: 10,273 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Umiamz said:
    MWT said:

    Umiamz said:
    Ha!  After noticing the lack of bill yesterday, it's arrived today, a week after the meter reading. 
    My readings were submitted on 15th, bill email arrived on 21st. I will send new readings in today. 

    My DD payments also sit pending for 2-3 days before being added to my balance.
    DD payments have been pending for a few days ever since I joined Octopus 4 years ago.
    This bit is normal as the customers bank has 3 working days from the point the DD is taken to notify that funds were not available and reverse the payment.
    These batch processed DD payments are unusual in that the supplier gets paid first, then the bank checks if the funds were actually available or not...
    So it isn't until day 4 after the DD that the supplier can assume the funds are really there.

    It's something that Octopus choose to do, though. Amex, for example, often show the credit on my account the day before the DD has been collected. They've chosen to do that and would remove the credit if the payment failed for any reason.
    Agreed, it is a choice that removes the need to reverse out failed DD payments, some others prefer to show the failed payment being reversed.

    Both have pros & cons.

  • Chrysalis
    Chrysalis Posts: 4,724 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 26 September 2022 at 9:46AM
    Not bad today.  Gas is 8.99p.


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