Price increase

jane59

I've just queried my new direct debit.  I was paying £115 and was hundreds in credit.  My new DD was quoted at over £300, a 180% increase! I've renegotiated to £200 still a 74% increase!

The_Fat_Controller

Hundreds in credit does not necessarily mean anything if a bill is due in the near future.

If you are coming off a fixed tariff and moving to the SV tariff or have taken a new fix then a large increase is to be expected.

You need to do your sums using the actual tariff rates and your last 12 months of usage which can be found on your bills.

pochase

What were your old rates and what are the new ones? Also How many KWh have you used in the last 12 months.

What supplier are you with, and when was your last bill? There are suppliers like EDF and BG who will only send a bill every 6 months, and in the meantime credit will build up. If you check after 5 months you might be £1000 in credit, and the next month your suddenly £100 in debt.

Astria

Considering that energy prices are said to rise again in October, just when energy consumption is increased, your £200/month may not be sufficient to cover your usage.

How much energy did you use over the last 12 months?

MWT

... and of course it is not a 'price increase' either, just an increase in your payments towards the cost of your use...