We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How can I opt out of the £200 energy scheme?
Comments
-
tomp2494 said:I don't understand fully how this works.
Do we have to pay the additional 54% and then in October there's £200 credit applied to the bill, or are the prices going to reflect the £200 we're going to get?
0 -
Its fairly easy to opt out, just let the £200 credit sit in your energy account and run down over 5 years. If your account is £200 in credit then you actually owe nothing.
If your energy company cuts your DD because you're in credit (and how many will do that anyway) you can just manually put the DD back up.
DarrenXbigman's guide to a happy life.
Eat properly
Sleep properly
Save some money2 -
QrizB said:for people wanting to opt out, I've come up with some options (posted here).I'm sure there are other ways too that haven't occurred to me yet.
A joke of course but what does happen if you do?0 -
3
-
Brewer21 said:QrizB said:for people wanting to opt out, I've come up with some options (posted here).I'm sure there are other ways too that haven't occurred to me yet.
A joke of course but what does happen if you do?
0 -
Brewer21 said:Or die after October could be added to those suggestions but I guess they'll want someone to pay it back.😩😁
A joke of course but what does happen if you do?Nothing happens, there is no personal allocation of the 'debt' it is just a one-off credit to every energy account open at that point in time, recovered over the following years by way of an increase in the electricity standing charge paid by everyone who has an energy account at that time...There is no connection between the two, so some will get the credit and never pay anything extra (no electricity account any more for whatever reason)... and some will not get the credit (no energy account at the right moment in time) but will pay the increased standing charge because they have an energy account at that time...
2 -
Brewer21 said:QrizB said:for people wanting to opt out, I've come up with some options (posted here).I'm sure there are other ways too that haven't occurred to me yet.
A joke of course but what does happen if you do?
The government will insist there's a whipround at your funeral to pay for enough fuel for your cremation.
Make £2025 in 2025
Prolific £617.02, Octopoints £5.20, TCB £398.58, Tesco Clubcard challenges £89.90, Misc Sales £321, Airtime £60, Shopmium £26.60, Everup £24.91 Zopa CB £30
Total (4/9/25) £1573.21/£2025 77%
Make £2024 in 2024
Prolific £907.37, Chase Int £59.97, Chase roundup int £3.55, Chase CB £122.88, Roadkill £1.30, Octopus ref £50, Octopoints £70.46, TCB £112.03, Shopmium £3, Iceland £4, Ipsos £20, Misc Sales £55.44Total £1410/£2024 70%Make £2023 in 2023 Total: £2606.33/£2023 128.8%0 -
Slinky said:Brewer21 said:QrizB said:for people wanting to opt out, I've come up with some options (posted here).I'm sure there are other ways too that haven't occurred to me yet.
A joke of course but what does happen if you do?
The government will insist there's a whipround at your funeral to pay for enough fuel for your cremation.
Surely the Government will own your debt ridden body & use it for the Eco Soylent Green project?
Numerus non sum2 -
Slinky said:Brewer21 said:QrizB said:for people wanting to opt out, I've come up with some options (posted here).I'm sure there are other ways too that haven't occurred to me yet.
A joke of course but what does happen if you do?
The government will insist there's a whipround at your funeral to pay for enough fuel for your cremation.0 -
swaledale_one said:GingerTim said:You can't, it's a universal measure applied to every bill, not to an individual.It's a charge on the bill like all the other charges. You pay for the Warm Home discount, you pay for smart metering, you pay to reimburse customers of energy companies that have gone bust, you pay for people to get free solar panels and loft insulation.
If you move suppliers will they expect payment in full before leaving?
Suppliers always expect you to pay your bills. They can block you from switching it you owe them money.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.2
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards