Is the £400 really coming???

Options
j813ys
j813ys Posts: 23 Forumite
First Post First Anniversary
Forgive me if I'm too thick and misunderstanding this but eon say that '' fixed direct debit customers will receive the money as a deduction to their monthly direct debit"

Surely this means nothing, you'll just get into debit quicker on the account as they take less money and then have to pay it back.

Surely it must be put down as a credit on the account???
«1

Comments

  • gj373
    gj373 Posts: 142 Forumite
    First Anniversary First Post Name Dropper
    edited 10 August 2022 at 9:12AM
    Options
    If you currently pay £100 month then £100 will be credited to your account. However, the direct debit taken from your bank account will be £34
  • artyboy
    artyboy Posts: 938 Forumite
    First Anniversary First Post Name Dropper
    Options
    gj373 said:
    If you currently pay £100 month then £100 will be credited to your account. However, the direct debit taken from your bank account will be £44
    Or £34/33 perhaps?
  • gj373
    gj373 Posts: 142 Forumite
    First Anniversary First Post Name Dropper
    Options
    artyboy said:
    gj373 said:
    If you currently pay £100 month then £100 will be credited to your account. However, the direct debit taken from your bank account will be £44
    Or £34/33 perhaps?
    Of course yes, not had my coffee yet. Updated my comment
  • GibbsRule_No3.
    GibbsRule_No3. Posts: 394 Forumite
    First Anniversary Name Dropper First Post Photogenic
    edited 10 August 2022 at 9:20AM
    Options
    I think I’d rather they still take my full DD and then credit the £66 for six months, so that when the £400 has gone the energy bill DD will not have to rise massively the year after.  Especially IF the rises are expected to come back down when/If Russia is sorted out.
    Paddle No 21:wave:
  • gj373
    gj373 Posts: 142 Forumite
    First Anniversary First Post Name Dropper
    Options
    I think I’d rather they still take my full DD and then credit the £66 for five months, so that when the £400 has gone the energy bill DD will not have to rise massively the year after.  Especially IF the rises are expected to come back down when/If Russia is sorted out.
    Just manually pay an extra £66 each month you receive the credit then. That's what I plan to do.
  • HumberFlyer
    Options
    I think I’d rather they still take my full DD and then credit the £66 for six months, so that when the £400 has gone the energy bill DD will not have to rise massively the year after.  Especially IF the rises are expected to come back down when/If Russia is sorted out.
    On Shell Energy there is the option to "Change Monthly Payments" so if they was to reduce my DD I would alter to take what I normally pay
  • Astria
    Astria Posts: 1,448 Forumite
    First Anniversary First Post Name Dropper
    Options
    I think I’d rather they still take my full DD and then credit the £66 for six months, so that when the £400 has gone the energy bill DD will not have to rise massively the year after.  Especially IF the rises are expected to come back down when/If Russia is sorted out.

    You can ask your energy provider to increase your direct debit payments by £66, so you will still be paying the same amount.

  • Phlik
    Phlik Posts: 1,088 Forumite
    First Post Name Dropper First Anniversary Combo Breaker
    Options
    I think I’d rather they still take my full DD and then credit the £66 for six months, so that when the £400 has gone the energy bill DD will not have to rise massively the year after.  Especially IF the rises are expected to come back down when/If Russia is sorted out.
    I would hope the rest of the world isn't so morally bankrupt that we begin trading with Russia again when they've decided to withdraw from the Ukraine.
    Yay! Cheap gas! Whilst ignoring the increasing death toll.
  • Alnat1
    Alnat1 Posts: 3,318 Forumite
    First Anniversary First Post Name Dropper
    Options
    I'm sure most companies will be happy for customers to raise the amount of the DD.
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375 Longi) Lux 3.6kw hybrid inverter and 4.8kw Pylontech battery storage installed March 22
    Octopus Agile/Fixed Outgoing and Tracker gas
  • GibbsRule_No3.
    Options
    Phlik said:
    I think I’d rather they still take my full DD and then credit the £66 for six months, so that when the £400 has gone the energy bill DD will not have to rise massively the year after.  Especially IF the rises are expected to come back down when/If Russia is sorted out.
    I would hope the rest of the world isn't so morally bankrupt that we begin trading with Russia again when they've decided to withdraw from the Ukraine.
    Yay! Cheap gas! Whilst ignoring the increasing death toll.
    I was just mentioning Russia as the News mentions that is one of the reasons for our energy prices and they seem to say when the war is sorted the prices will come down.  I assume because Europe, Germany and France mainly will not be in competition with the UK for energy if they get theirs back from Russia.  So I’m betting the loss of life will soon be forgotten unfortunately.
    Will I be able to ask for the £66 to be kept on my DD, I had a feeling some law was introduced that did not let the companies keep too much extra now and had to repay over payments.  Which was understandable, I’ll just have to make sure I don’t think I have more money than I do. I have a feeling lots of other people will not see the extra payment like that and just spend it.
    Paddle No 21:wave:
Meet your Ambassadors

Categories

  • All Categories
  • 343.6K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.8K Work, Benefits & Business
  • 608.8K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards