Will my DD be reduced by government Grant?

vonsworld

I'm with Shell energy and I just want to confirm how they will be giving me the government Grant.

My direct debit is currently set at £96/month. Does that mean they will take £66 less from my account this month ie. £30.

Or does it mean they will still take £96 but also credit my account with £66.

Thank you for clarifying what's going to happen.

Robin

lisyloo

https://help.shellenergy.co.uk/hc/en-us/articles/8410457549073-The-Energy-Bills-Support-Scheme-EBSS-explained

vonsworld

Thanks, I've read that, so what's the answer to my question please?

MWT

vonsworld said:

Thanks, I've read that, so what's the answer to my question please?

Read the link near the foot of that page:

https://help.shellenergy.co.uk/hc/en-us/articles/8410515236497-How-the-Energy-Bills-Support-Scheme-works-

That contains this part:

wild666

My DD was reduced to £0 but with £210 credit it will be reducing the credit by £15 per month for 6 months 

ymakesmile

This confused me too, as the way I read it is that they just reduce how much my direct debit costs me but it wouldn't be added as credit to my bill as such. So I pay a DD of £170 but they will just charge me £66 less than that, but I know I need to pay the £170 to cover what I am using. If they only charge me £104 DD but £170 is credited to my account then that is fine and what I hope is the case?

badger09

ymakesmile said:

This confused me too, as the way I read it is that they just reduce how much my direct debit costs me but it wouldn't be added as credit to my bill as such. So I pay a DD of £170 but they will just charge me £66 less than that, but I know I need to pay the £170 to cover what I am using. If they only charge me £104 DD but £170 is credited to my account then that is fine and what I hope is the case?

Different suppliers are doing things differently. 

I’m with Octopus. My DD was £250 but Octopus will reduce what they take from my bank to £183. £250 in total will still be credited to my energy account though.  

Jaybee_16

badger09 said

Different suppliers are doing things differently. 

I’m with Octopus. My DD was £250 but Octopus will reduce what they take from my bank to £183. £250 in total will still be credited to my energy account though.  

I'm with Bulb. They took the normal monthly payment and credited the £66 to my energy account, not refunded to my bank.

matelodave

I'm like Jaybee - Eon-Next has just reduced my DD by £66 but credited my account with the full amount which suits me fine.

However, rather than squandering the £66 we will be saving it in our contingency fund coz even with the price cap, next year's leccy bill will still be significantly higher than this year.

oldagetraveller1

Strangely, EonNext have reduced my DD by £67 commencing 1st Oct with payment taken on the 5th. I was under the impression that the initial reductions are £66?

£135 reduced to £68.

[Deleted User]

oldagetraveller1 said:

Strangely, EonNext have reduced my DD by £67 commencing 1st Oct with payment taken on the 5th. I was under the impression that the initial reductions are £66?

£135 reduced to £68.

The reduction is £67 for six months. The rebate is £66 twice and £67 four times. You actually end up with £2 less credit that you otherwise would have, but it avoids them having to change every DD by £1 in December.