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Charges
ClintonSadler
Posts: 2 Newbie
in Energy
I'm with OVO and when querying my account I was given the cost of my standing and usage but they added a "Consumption" charge to this total?? Is this correct and how it it calculated
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Comments
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I don't know their statement layouts, but consumption usually refers to the energy you have consumed. i.e. your usage.
I 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.1 -
Thanks for the feedback. My standing charges for the month of September amounted to £11.98 then my unit rate/ kw amount to £26.89 and then £14.92 was added as a Consumption charge. It's this charge I'm querying?
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Your tariff comprises 3 elements: a daily standing charge; a charge for each unit consumed and VAT.
If your electricity meter has advanced by 100 units then your ‘consumption charge’ would be 100 times the unit price (p/kWh).0 -
is the problem the ovo bill page layout? its not the most streight foward.
you have a summary of your bill at the top then a breakdown of the charges/credits at the bottom. so it can look like they're charging you twice when the bottom is just more detail about how they got the number at the top. but i don't see anything saying 'consumption' on my bill.
i posted this screen shot on a different thread so ignore the bits in red.
Almost everything will work again if you unplug it for a few minutes, including you. Anne Lamott
It's amazing how those with a can-do attitude and willingness to 'pitch in and work' get all the luck, isn't it?
Please consider buying some pet food and giving it to your local food bank collection or animal charity. Animals aren't to blame for the cost of living crisis.0
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