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[Deleted User]
[Deleted User] Posts: 0 Newbie
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
edited 12 January 2023 at 10:33PM in Energy
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Comments

  • GingerTim
    GingerTim Posts: 2,785 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 8 November 2022 at 10:33PM
    At the moment a good number of pre-payment tariffs actually work out a little cheaper than paying by direct debit, or not much more expensive. See multiple threads on the board.
  • rothesy
    rothesy Posts: 70 Forumite
    10 Posts Name Dropper
    edited 8 November 2022 at 10:26PM
    I advised EDF last month I had a new boiler installed and I was told it used less gas and they reduced my DD by 30% from £50 to £35 no problem.  I was £400 in credit.  I'm sure is does use less gas but with the price rises of late it's difficult to calculate it yet.
  • dunstonh
    dunstonh Posts: 120,895 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    When people are on DD tariffs the energy companies work out how much they think you should pay each month. Yes, you can get a refund if you've overpaid but often that's not until the end of the year - certainly not on demand.
    Many suppliers will alter the payment if you provide them with a logical argument to change it.  


    I advised EDF last month I had a new boiler installed and I was told it used less gas and they reduced my DD by 30% from £50 to £35 no problem.  I was £400 in credit.  I'm sure is does use less gas but with the price rises of late it's difficult to calculate it yet.
    The price rise shouldnt stop you working that out as cost is not how you measure use.

    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.
  • giraffe69
    giraffe69 Posts: 3,635 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Perhaps it is how you go about it and whether your consumption merits a reduction. My supplier put my dd up by more than my usage justified imo but was willing to compromise when asked.
  • Jyana
    Jyana Posts: 791 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    I've cut my usage, and my direct debit was reduced by my supplier due to that. I'm paying £19 at present rather then £21.50 compared to last winter.

    I've never had large credit or debit on my account, and my direct debits have always been more or less exactly what they need to be. Then again, I have given my supplier a meter reading at least monthly for the last 15 years or more, and never missed a prompt before then if I got a note through the letterbox from a meter reader who called to the house. So my supplier knows my usage, and what I need to pay. 
  • ariarnia
    ariarnia Posts: 4,225 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    rothesy said:
    I advised EDF last month I had a new boiler installed and I was told it used less gas and they reduced my DD by 30% from £50 to £35 no problem.  I was £400 in credit.  I'm sure is does use less gas but with the price rises of late it's difficult to calculate it yet.
    That's great, I eventually got mine reduced. But read through the threads on these boards - lots of people are being told they can't reduce their payments. Others are being told they can't have the money back that they've built up in credit.

    This is an insane situation. If people can't afford to pay last years energy usage at this years prices then they need to be able to pay for what they actually use WITHOUT having their tariff increased. 

    but the thing you might be missing is where people are successful its normally because they've given a logical reason for the reduction and can use meter readings or some other evidence to show why the algorithm is wrong.  

    Ofgem doesn't like it when suppliers do things which could lead to people getting into debt such as giving them a large amount of credit back right before winter when all the info says there going to need that money to pay there energy bills.

    unless you are in actual hardship (which is different from most of the threads we see here where people are struggling but not to the point they can't feed there kids). which is when you would qualify for immediate support, like the info i linked to from ovo where you can apply online by filling out a form or via citizen advice for other hardship support.  
    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.
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