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British Gas explanation of how the EBSS scheme will work

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Comments

  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
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    Sea_Shell said:

    But you could put yourself in the position of customer 3 IF you made a one off payment "back" to your supplier of £66.
    Technically yes but I don't really see the logic of doing so. Unless someone feels that their DD amounts are not appropriate and is unable to safely keep the same money in a savings account of their own.
  • Sea_Shell
    Sea_Shell Posts: 10,073 Forumite
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    pochase said:
    Sea_Shell said:


    It's going to be a very small % of households who only have an annual bill of £780, after October! ☹️



    Maybe more than you think. Don't forget we are talking electricity only here.

    There are those who have gas with another supplier, or use different fuel for heating. You still would need to have below 1500KWh electrify usage to qualify.

    Of course, sorry.   My own electricity usage is only estimated at £675.


    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Sea_Shell
    Sea_Shell Posts: 10,073 Forumite
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    Sea_Shell said:

    But you could put yourself in the position of customer 3 IF you made a one off payment "back" to your supplier of £66.
    Technically yes but I don't really see the logic of doing so. Unless someone feels that their DD amounts are not appropriate and is unable to safely keep the same money in a savings account of their own.


    You've hit the "real world" nail on the head right there!!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Sea_Shell said:
    Sea_Shell said:

    But you could put yourself in the position of customer 3 IF you made a one off payment "back" to your supplier of £66.
    Technically yes but I don't really see the logic of doing so. Unless someone feels that their DD amounts are not appropriate and is unable to safely keep the same money in a savings account of their own.


    You've hit the "real world" nail on the head right there!!!
    Note that the first half of the sentence you bolded the end of was important  :).

    The real 'real world' issue here is that many won't be able to afford to do what you're suggesting. The whole point of the government £66 (more to many) is precisely to help with what would otherwise be unaffordable. For those who have appropriate DD amounts you're actually suggesting making the challenge inappropriately worse.
  • Alnat1
    Alnat1 Posts: 3,945 Forumite
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    The majority of people have a dual fuel account so if they did use less than £66/£67 a month on electricity the amount should help towards lowering the total account balance (both gas and electricity)

    I haven't been with any company yet that bills separately for each fuel (maybe some do?), one DD covers both. I don't see anything on my bill that shows credit "pots" for each fuel, the amounts paid by DD are added to one total. I would assume the £400 would pay towards your gas use if electricity was lower over the 6 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 
  • Sea_Shell
    Sea_Shell Posts: 10,073 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Sea_Shell said:
    Sea_Shell said:

    But you could put yourself in the position of customer 3 IF you made a one off payment "back" to your supplier of £66.
    Technically yes but I don't really see the logic of doing so. Unless someone feels that their DD amounts are not appropriate and is unable to safely keep the same money in a savings account of their own.


    You've hit the "real world" nail on the head right there!!!
    Note that the first half of the sentence you bolded the end of was important  :).

    The real 'real world' issue here is that many won't be able to afford to do what you're suggesting. The whole point of the government £66 (more to many) is precisely to help with what would otherwise be unaffordable. For those who have appropriate DD amounts you're actually suggesting making the challenge inappropriately worse.

    I think we'll just have to agree to disagree 😉
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Sea_Shell said:
    Sea_Shell said:
    Sea_Shell said:

    But you could put yourself in the position of customer 3 IF you made a one off payment "back" to your supplier of £66.
    Technically yes but I don't really see the logic of doing so. Unless someone feels that their DD amounts are not appropriate and is unable to safely keep the same money in a savings account of their own.


    You've hit the "real world" nail on the head right there!!!
    Note that the first half of the sentence you bolded the end of was important  :).

    The real 'real world' issue here is that many won't be able to afford to do what you're suggesting. The whole point of the government £66 (more to many) is precisely to help with what would otherwise be unaffordable. For those who have appropriate DD amounts you're actually suggesting making the challenge inappropriately worse.

    I think we'll just have to agree to disagree 😉
    I'm genuinely at a loss as to how you can.
  • PennineAcute
    PennineAcute Posts: 1,185 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Alnat1 said:
    The majority of people have a dual fuel account so if they did use less than £66/£67 a month on electricity the amount should help towards lowering the total account balance (both gas and electricity)

    I haven't been with any company yet that bills separately for each fuel (maybe some do?), one DD covers both. I don't see anything on my bill that shows credit "pots" for each fuel, the amounts paid by DD are added to one total. I would assume the £400 would pay towards your gas use if electricity was lower over the 6 months.

    I am dual with BG.  Have two bills and two seperate DDs.
  • Stoodles
    Stoodles Posts: 831 Forumite
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    We have solar panels and hot water with a variable monthly Direct Debit, so our supplier pays us most months. Looking at the last year, we never paid more than £49 in a month, and only paid £234 over the whole winter. Our total actual expenditure over the last twelve months was £15.
    On BG's system, we would never receive the full £400, as it would sit as a credit on our account that didn't get used.

    As a retired couple , at home most of the time, we are much more concerned about the cost of heating oil.
  • Section62
    Section62 Posts: 10,213 Forumite
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    Stoodles said:

    On BG's system, we would never receive the full £400, as it would sit as a credit on our account that didn't get used.

    You can still ask them to 'refund' the credit to your bank account.  If it is clear you don't need the credit to pay for energy supplied on that account there is no reason why they can't do that.
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