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Being in credit

I bought a house at the start of the year and have been renovating it while not living there. I have been paying gas and electricity bills and i am currently roughly £550 in credit. Would it be in my best interest to take this money out or leave it in the account for the preparation of the energy price rise? 

Cheers

Comments

  • Alnat1
    Alnat1 Posts: 4,034 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Are you planning on moving in over the next few months?
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • wild666
    wild666 Posts: 2,181 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I would leave it in the account personally and then for a few months lower the DD until there is about £50 in the account then work out the yearly usage and increase the DD to about £5 less than what they want then when it is around £10 increase the DD to the amount of the original calculations.
    Someone please tell me what money is
  • How much are you paying each month in DD & is the latest billing accurate (eg based on actual reads)?
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