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Government Energy Discount

ForumiteChrisV
ForumiteChrisV Posts: 2 Newbie
Seventh Anniversary Combo Breaker
edited 2 February 2023 at 11:44AM in Energy
Has anyone else noticed on their most recent energy bill that the Energy Discount is being shown as "Credit" and "Refund" on one date, but the actual payment into my bank account was five days later.  Is this another way for Energy Companies to increase their profits - or am I just being paranoid?

Comments

  • your being paranoid.

    for more detailed response try reposting on the energy board.
  • MSE_ForumTeam5
    MSE_ForumTeam5 Posts: 1,363 Community Admin
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    for more detailed response try reposting on the energy board.
    We've moved this to the Energy board. Rather than asking people to repost, if you see something that's in the wrong place, please use the 'report' button and we'll move it. That way we don't end up with duplicate threads, replies in more than one place etc.
    Official MSE Forum Team member. Please use the 'report' button to alert us to problem posts, or email forumteam@moneysavingexpert.com
  • Has anyone else noticed on their most recent energy bill that the Energy Discount is being shown as "Credit" and "Refund" on one date, but the actual payment into my bank account was five days later.  Is this another way for Energy Companies to increase their profits - or am I just being paranoid?
    Perhaps the delay is due to the time it takes to process the millions of payments that are having to be made as a result of the EBSS scheme?

    The energy suppliers are currently limited to a tiny amount of profit - below 2% is allowable I believe - I'm not quite sure how you think that this might be a way of them increasing profits though? 
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