6% Direct Debit Discount on Quarterly Bills?

Racetrack1

Can anyone help clear this up for me? Martin said there is a 6% DD discount as opposed to receipt on bill payments. I pay quarterly via direct debit after I send them my meter readings does that count as DD or on receipt of bill? I am with British Gas. I spoke to two different people at BG last week and both gave me conflicting answers. I'm not condident. Can someone clear this up I'm sure it effects a lot of people and 6% is a lot these days. It might even be a case with different providers having a different policy so a checklist would be very helpful if that is the case.

pochase

Check if you unit rates are for direct debit or for other payment forms.

Do they debit your account with the amount of the bill without you doing anything?

400ixl

How frequent are your Direct Debits?

BG for example will bill quarterly, but the DD is taken monthly which gives the lower rate. If you only have a quarterly DD then you may well be paying the higher rate.

Racetrack1

pochase said:

Check if you unit rates are for direct debit or for other payment forms.

Do they debit your account with the amount of the bill without you doing anything?

No I send them my meter reading every 3 months and then they debit my account.

Gas is 7.319p per kWh

Electric is 29.484p per kWh

Racetrack1

400ixl said:

How frequent are your Direct Debits?

BG for example will bill quarterly, but the DD is taken monthly which gives the lower rate. If you only have a quarterly DD then you may well be paying the higher rate.

They only debit my account every 3 months.

pochase

Are you in the South-East?

If so this would be discounted direct debit rates on EDF.

Racetrack1

pochase said:

Are you in the South-East?

If so this would be discounted direct debit rates on EDF.

I'm in London so yes. That is very helpful, thank you. I guess my electirc unit rate being higher is due to provider as it is still lower than the 2 other payment methods shown on that list. Thanks for your help!

pochase

London is not the South East. London is a separate region.



The London prices are very different, and don't match your prices, you need to check that in your BG account, on BG price list.

Why do you believe 28.484 is higher than 28.49?

What is your standing charge?

Racetrack1

pochase said:

London is not the South East. London is a separate region.



The London prices are very different, and don't match your prices, you need to check that in your BG account, on BG price list.

Why do you believe 28.484 is higher than 28.49?

What is your standing charge?

Solved thanks to your help! I went to have a look at the price list on the BG website like you said and mine match exactly with the monthly direct debit discount rates shown below. Thank you so much for your time.

molerat

pochase said:

London is not the South East. London is a separate region.

What people now call London used to be called Kent, Essex etc

pochase

molerat said:

pochase said:

London is not the South East. London is a separate region.

What people now call London used to be called Kent, Essex etc

Yep, I think so too. The rate is just 0.004p different, that can't be an accident/