How best to handle energy debt?

BadDebtor

fatbelly said:

Rather than worry about the media's headline figures (£5000 per year) I think it's best to research your price per unit, standing charge per day and get a feel for which appliances use power at which rate.

When someone asked me how much the 'discount' was for allowing your supplier to have a direct debit, I didn't know so I looked into it. For me:

standard direct debit tariff (I have Economy 7)

Day/night 31.37/ 21.33p per unit
standing charge 51.71p per day

without direct debit

Day/night 33.12/ 17.31p per unit
standing charge 56.62p per day

Good advice as always

I would like to see a regional "top of the suppliers" list on here

We know that each energy company makes up it's own figures in how it distributes the price cap and even for each area, I was searching google for my tariff rather my my energy company and got hold of the their tariff for the South West and was shocked at how much more it was.

If we knew an energy company charged less for Standing Charge and more for usage then those that are able to cut back could move to them (if they will have them)

fatbelly

For those considering cancelling their direct debits this is an excellent article to read first, written today

https://debtcamel.co.uk/end-dd-pay-energy-monthly-bill/

and another

https://debtcamel.co.uk/energy-dd-is-wrong/