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Standing Order means lower bills.

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Comments

  • EssexHebridean
    EssexHebridean Posts: 25,813 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 25 October 2023 at 8:41PM
    chris_n said:
    No - the reason people are objecting to the title is because in fact for most people paying by DD means HIGHER bills - you are literally charged at a higher rate for using this payment method. 
    Over the years, I have been with EDF; NPower; Iresa; Ovo; Zog  and now Octopus and not one of them has put me on to a more expensive tariff because I paid by a ‘fixed’ monthly DD.

    You claim ‘most people’ will end up paying higher bills which by definition means 50% or more. To put this to bed for once and for all can I ask you to provide some evidence in support of your claim.

    Before you go looking, like 9800 others, my gas supply was transferred from Zog to EDF under SoLR terms. Initially, EDF put all ex Zog customers onto their pay on demand tariff with the provisio that if customers set up a monthly DD plan by the end of January they would be put onto a cheaper DD tariff. I eventually had to take EDF to The Energy Ombudsman because of an incorrect billing CREDIT that it applied to my account for the tariff change - and I won my case.
    Based on the rest of the answer I suspect there is a not missing between people and paying.
    Thank you for your far more helpful and constructive reaction to this - and you were close! 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • This thread needs to put out of its misery and closed down.
This discussion has been closed.
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