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British Gas Direct Debit System

I am a new BG customer and they explained their direct debit choice to me as 1) variable - you pay every month the amount you owe(energy used in that month) 2) Fixed - you pay the same amount every 3 or 6 months.  When i explained that i wanted a monthly direct debit which took a fixed amount every month  - advisor said she had never heard of them.  I know BG advisors are in south africa, but am i really imagining the last 40 years of bills where i paid my energy every month, fixed?

Comments

  • Hi,
    have a look HERE.
  • dunstonh
    dunstonh Posts: 120,903 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
     I know BG advisors are in south africa, but am i really imagining the last 40 years of bills where i paid my energy every month, fixed?
    It is probably a terminology issue.   They are probably thinking of a fixed amount as a value that does not change.   However, in reality, you want to pay an amount that averages your expected annual usage but is subject to change.   i.e. the amount will remain the same each month unless something changes it  (so not actually fixed).



    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.
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