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Beware EDF Energy driving you in debt

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  • maisie_cat
    maisie_cat Posts: 2,136 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Academoney Grad
    EDF are not driving anybody into debt.
    You don't need a bill to work out usage and balance. Take a frequent meter reading and work it out.
    It's easiest if you have excel or something but can be done by hand easily enough.
    If you are falling behind and the energy suppliers portal won't allow DD increases simply make a manual payment on account.
  • Dobbibill
    Dobbibill Posts: 4,192 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    I've recently switched to monthly billing with EDF purely for personal preference.

    To ensure I have enough funds for the winter, I transfer the amount my DD would be each month minus amount due into a savings account to keep to one side ready for the winter. 

    What works for some doesn't suit others and vice versa. 
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  • folacks
    folacks Posts: 20 Forumite
    10 Posts
    Dobbibill said:
    I've recently switched to monthly billing with EDF purely for personal preference.

    To ensure I have enough funds for the winter, I transfer the amount my DD would be each month minus amount due into a savings account to keep to one side ready for the winter. 

    What works for some doesn't suit others and vice versa. 
    This is exactly what we started doing. We realised that they were billing is ANNUALLY. We moved into our house in April and we've been paying a set amount every month. It was only recently I realised the set amount DD wasnt a bill. Anyway it's now whole amount DD every month and like you we have the extra in a separate account and will probably top that up soon to cover for winter.
  • folacks said:
    Dobbibill said:
    I've recently switched to monthly billing with EDF purely for personal preference.

    To ensure I have enough funds for the winter, I transfer the amount my DD would be each month minus amount due into a savings account to keep to one side ready for the winter. 

    What works for some doesn't suit others and vice versa. 
    This is exactly what we started doing. We realised that they were billing is ANNUALLY. We moved into our house in April and we've been paying a set amount every month. It was only recently I realised the set amount DD wasnt a bill. Anyway it's now whole amount DD every month and like you we have the extra in a separate account and will probably top that up soon to cover for winter.
    I think this will change. Like a number of UK suppliers, EDF is in the process of leasing/buying the Kraken Technology billing platform (produced by Octopus Energy). I would be very surprised if EDF doesn’t move to monthly billing as the norm. 
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