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Ridiculous increase in monthly direct debit

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Comments

  • QrizB
    QrizB Posts: 19,776 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    That should have read "January 2021 they estimated" it would only let me edit my post once.
    FYI you can edit many times; if you don't see the gear/cog icon, refresh the page.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • LippyDoodle
    LippyDoodle Posts: 260 Forumite
    100 Posts First Anniversary Name Dropper
    edited 25 October 2023 at 9:41PM
    I should have added that if you disagree with Octopus’ DD assessment then you can set your own monthly DD payment via the App. I have mine set at £1 a month at the moment to draw down my credit balance. Like many suppliers, I understand that Octopus is now insisting that customers have a credit balance of a least one monthly payment. 
    I think Octopus as always asked for an advanced payment. I know when I switched to them they asked for 2 payments to be taken on the first month.
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