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electricity
gillmel100
Posts: 3 Newbie
hi all
i was wondering if someone could answer the following for me please
my electricity supplier is eon next
i am currently paying over a hundred pounds a month by direct debit
at present i am in credit of over £250.00
when the government allowance kicks in in october my direct debit will be reduced to £40.00
my question is will i stil be acruing credit if my usage is less than what i am paying for
the way i see it i should be as the payment from the government is part of my bill
thanks in advance for any answers
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Comments
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gillmel100 said: when the government allowance kicks in in october my direct debit will be reduced to £40.00Come October, the new, higher rates will take effect. Even after the £66 rebate (which only lasts six months), I would expect your direct debit will be going up. Highly unlikely you will be paying £40 per month...Your supplier should be sending out emails/letters detailing how much you will be paying from next month - Hopefully, the email/letter will arrive sometime this week.
Any language construct that forces such insanity in this case should be abandoned without regrets. –
Erik Aronesty, 2014
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.1 -
hi thanks for the comment but it still did not answer my question
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gillmel100 said:...my question is will i stil be acruing credit if my usage is less than what i am paying forYes you will.1
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Welcome to LPG, oil and alternative fuels section. We will try and help on electricity posts even though its off topic for this section.That is quite a low summer credit for that monthly payment. Typically around 4-5 times the monthly should be the target around Summer end. Although your monthly may already be a bit higher to make up for your summer credit shortfall.
i am currently paying over a hundred pounds a month by direct debit
at present i am in credit of over £250.00I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
many thanks for the comments sorry i posted in the wrong section
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