Avro to Octopus

Phlik

However said:

I've just had an email from Octopus upping monthly amount from my calculated £130 to their calculated £138.23 re projected annual usage. I have no issue with that. They've also added £18.28 for six months to 'stabilise' the account due to today's debit level - part of which will have been caused by one skipped payment during the transfer from Avro to Octopus. Well, all right, slight grumble.

I suspect the April price cap rise will up the monthly amout by 54%, so £231.15 in total (inc the £18.28), and in October let's say up another 20%, now to £255 from then on.

I had only £13.01 debt with Avro which I've paid off, so my estimates are pretty good I think. I used to pay £85.90. That's very nearly an increase of three-times. I'm no different from anyone else, although everything is based on my meter readings with no estimates.

So far, Octopus' billing has been accurate. This tripling of costs is something we'll just have to deal with. My extra cost will be £2029.20 p.a.. This is the horrible reality that we had better get used to.

And forget the scuddy wee £200 loan-but-not-loan - it has to be paid back..

And now we are about to be skewered by increased petrol prices.

We'll have to wait and see but now Russia has invaded Ukraine anything could happen regarding wholesale prices, it could be a while lot more than 20% come October.

In comparison to the Ukraine though it really is first world problems.

Phlik

Big_Bopper said:

Reopened a very old profile to just comment on this. 
I too was with Avro, and in credit. I used to pay around £150 a month for gas and electric.

I got a lovely email from Octopus saying there was the transfer credit of around £300, and then my bill from Sept to Jan, which left my account in debit by around £150. I paid this immediately, leaving my account at zero, which was ideal.

Today, I received a new bill from Octopus for £300!?!?! Apparently this is just Jan - Feb, so one month has doubled??

Absolutely sick with worry, and wondered if anyone else has had this?

Thanks

Yes, all of us.

Standing charges and unit prices have doubled since this time last year.