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Shell Energy monthly DD increase

245

Comments

  • prowla
    prowla Posts: 14,181 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you don't submit regular meter readings, then they have to guess (I mean estimate) your usage; it's then a bit of a stretch to then say they're guessing wrong, but I'm not going to tell them the actual amounts.
    People's energy bills have gone up massively these past few months, so monthly payments will go up accordingly.
    However, a 5x change does seem rather a lot.
    I hope the outcome isn't too much of a shock, though!
  • HumberFlyer
    HumberFlyer Posts: 215 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    edited 17 June 2022 at 9:40AM
    I am with Shell Energy. I am £234 in credit. A notification on the app suggested I reduce the payment amount from £90 to £78 per month......of which I have now done.
  • Sea_Shell
    Sea_Shell Posts: 10,079 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    I am with Shell Energy. I am £234 in credit. A notification on the app suggested I reduce the payment amount from £90 to £78 per month......of which I have now done.
    Is that a genuine credit, in that have you been billed for recent usage since your last payment credited?
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • HumberFlyer
    HumberFlyer Posts: 215 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    Sea_Shell said:
    I am with Shell Energy. I am £234 in credit. A notification on the app suggested I reduce the payment amount from £90 to £78 per month......of which I have now done.
    Is that a genuine credit, in that have you been billed for recent usage since your last payment credited?
    We are at home 24/7 and not cut down our energy usage
  • MattMattMattUK
    MattMattMattUK Posts: 11,657 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Sea_Shell said:
    I am with Shell Energy. I am £234 in credit. A notification on the app suggested I reduce the payment amount from £90 to £78 per month......of which I have now done.
    Is that a genuine credit, in that have you been billed for recent usage since your last payment credited?
    We are at home 24/7 and not cut down our energy usage
    Your current balance shows credit because you have not been billed for nine months or more, so the credit sits there waiting for a bill. When was your last actual bill and do you submit meter readings, have a smart meter, or just let them run estimates? 

    How much gas and electricity are you using in kWh, based on actual, not estimated usage?
    What unit rates are you on and if not on SVR when does your tariff end?
  • HumberFlyer
    HumberFlyer Posts: 215 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    Sea_Shell said:
    I am with Shell Energy. I am £234 in credit. A notification on the app suggested I reduce the payment amount from £90 to £78 per month......of which I have now done.
    Is that a genuine credit, in that have you been billed for recent usage since your last payment credited?
    We are at home 24/7 and not cut down our energy usage
    Your current balance shows credit because you have not been billed for nine months or more, so the credit sits there waiting for a bill. When was your last actual bill and do you submit meter readings, have a smart meter, or just let them run estimates? 

    How much gas and electricity are you using in kWh, based on actual, not estimated usage?
    What unit rates are you on and if not on SVR when does your tariff end?
    Smart meter. Tarriff till aug 23. Elec 18p+30p daily charge.Gas 3.9p + 15 daily charge




  • MattMattMattUK
    MattMattMattUK Posts: 11,657 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Can you look on one of those bills and let us know the annual energy consumption figures in kWh please? They should be on one of the pages. 
  • HumberFlyer
    HumberFlyer Posts: 215 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    Can you look on one of those bills and let us know the annual energy consumption figures in kWh please? They should be on one of the pages. 
    Not any good at posting... always seem to get "body is 9 characters short"
  • HumberFlyer
    HumberFlyer Posts: 215 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    Can you look on one of those bills and let us know the annual energy consumption figures in kWh please? They should be on one of the pages. 
    Not any good at posting... always seem to get "body is 9 characters short"
    As I said we are here 24/7 and have plenty of stuff running
  • MattMattMattUK
    MattMattMattUK Posts: 11,657 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Based on those numbers and ignoring any credit your annual usage comes to £1,017.47, which works out at £84.79 pcm. 

    It does not sound like you are too far out, keep an eye on it to make sure it does not go into debt, but you look to be largely fine, especially with the credits coming in the autumn. 

    Great deal by the way, pretty much everyone else would love to be on a deal like that at the moment!


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