Thames Water: Frequency of payments

george4064
george4064 Posts: 2,793
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edited 21 September 2021 at 6:21AM in Water bills
I will shortly be moving home later this month and I’m really confused whether Thames Water (TW) charge more if you pay monthly compared to annually/bi-annually/quarterly or whether it’s all the same total cost no matter which payment method/frequency you opt for.

The property we’re moving to does not have a meter.

Ive had a look through the website and couldn’t find anything, could someone here please confirm?

Thanks in advance,

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Comments

  • Cardew
    Cardew Posts: 29,034
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    No difference between amount you pay on a Direct Debit or any other payment method.

    However without a meter(by law) you pay for your water  6 months in advance in April and Oct - technically it is a year in advance. They waive that condition if you pay by monthly DD.

    However I suspect that you will be forced to have a meter.


  • george4064
    george4064 Posts: 2,793
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    Cardew said:
    No difference between amount you pay on a Direct Debit or any other payment method.

    However without a meter(by law) you pay for your water  6 months in advance in April and Oct - technically it is a year in advance. They waive that condition if you pay by monthly DD.

    However I suspect that you will be forced to have a meter.


    Sorry I should’ve made my OP clearer. We wanted to know if it’s cheaper to pay TW say annually rather than monthly? Happy to do direct debit.

    Would prefer monthly as it’s easier to keep track, but if annual (or bi-annual, or quarterly) is cheaper then I would consider that too.
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2021 - #027 £15,268 (76%)
  • Cardew
    Cardew Posts: 29,034
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    The amount you pay is the same regardless of any method of payment Direct Debit, cash, weekly monthly, quarterly, annually. i.e. if your bill is, say, £500pa you will pay £500 and there is no way to make it cheaper.
  • pokora
    pokora Posts: 189
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    They wont charge you more.

    Check if any of your circunstances apply for a discount:

    https://www.thameswater.co.uk/help/account-and-billing/understand-your-bill/unmetered-customers
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