£3 a day bill

markin

stu12345_2 said:

markin said:

Having a daily hard target is a bit pointless, The will be warm days and cold days, a weekly/monthly average is far better, some days you will use £2 other £6, Its the bill at the end of the 30 days that matters.

yes, trying to judge a monthly bill BG will send me to pay by debit card, but if they put me on a fixed DD they estimate it to be£130 a month. where as i can get it below £3 a day.so no more than £90 a month, do  not think i will use £130, even in winter, doing the same style of heating, as will still do my 30 mins blast of gas. and still be under £90 a month.

A 30min blast will use more kwh or more likely just not heat to the same level when it is -5c outside Vs 13c.

A fixed DD is not your bill, You could move to a company that will let you do variable DD, low bills in summer and higher bills in winter, If BG don't have that.

Also a condensing boiler won't be running at a high efficacy in the first 20min.

stu12345_2

I know a fixed DD is not my bill.maybe change supplier.
can't understand why BG make fixed DD the default.my water company doesn't.

badmemory

If you are only allowing £3 per day just remember that over a quarter of that is the standing charges @ around 80p/day leaving only £2.20 for usage.

Gerry1

stu12345_2 said:

I know a fixed DD is not my bill.maybe change supplier.
can't understand why BG make fixed DD the default.my water company doesn't.

'Fixed DD' is a highly misleading term because it confuses so many people and makes them think it's 'All You Can Eat'.  Ofcom should change 'Fixed DD' to something better understood e.g. 'Equal Direct Debits'.

BG love it because they can build up bigger and bigger mountains of customers' money that earn interest.  Presumably that's why BG are stopping Variable DDs.

ArbitraryRandom

stu12345_2 said:

of course gas is cheaper than electricity to heat a home.my point is almost all my electronic items use hardly any power compared to the price of a blast of gas.

Reading this I wonder if you've ever thought about how that 30 min of gas actually lasts you a couple of hours in raised temps in your living space but that 30 min of tv only lasts 30 mins?

If the issue is how you think about the value of energy, might be better to think on a per day (or as Mike a per week) basis. 

stu12345_2

Gerry1 said:

stu12345_2 said:

I know a fixed DD is not my bill.maybe change supplier.
can't understand why BG make fixed DD the default.my water company doesn't.

'Fixed DD' is a highly misleading term because it confuses so many people and makes them think it's 'All You Can Eat'.  Ofcom should change 'Fixed DD' to something better understood e.g. 'Equal Direct Debits'.

BG love it because they can build up bigger and bigger mountains of customers' money that earn interest.  Presumably that's why BG are stopping Variable DDs.

pay as you go should be the default.bill everyone monthly on the true usage they used.none of this we will guess your average and if you build up credit we the energy companies will enjoy the interest we gained with it 

SAC2334

My total bill  last month was £53 in 32 days which equals £1.65 a day .Gas was £10 .70 , electric £42. 21.
 
Soon as the gas heating go s on seriously its going to prob around £6 or £7 a day. I m on Octopus Tracker rates a lot lower than SVT rates all year .

EDIT, This is to show the rates Octopus have charged me for September. No smart meter so averaged out over the month 
Electric 154 kwhs @ 16.3p a kwh =£25.61 p     45.62 p dsc

Gas 45.3 kwh s @ 4.46 p a kwh =£2.07      25.56 p dsc

Saving of £17.31 over Octopus Flexible SVT rates 

pseudodox

stu12345_2 said:

Gerry1 said:

stu12345_2 said:

I know a fixed DD is not my bill.maybe change supplier.
can't understand why BG make fixed DD the default.my water company doesn't.

'Fixed DD' is a highly misleading term because it confuses so many people and makes them think it's 'All You Can Eat'.  Ofcom should change 'Fixed DD' to something better understood e.g. 'Equal Direct Debits'.

BG love it because they can build up bigger and bigger mountains of customers' money that earn interest.  Presumably that's why BG are stopping Variable DDs.

pay as you go should be the default.bill everyone monthly on the true usage they used.none of this we will guess your average and if you build up credit we the energy companies will enjoy the interest we gained with it 

PAYG for actual usage should be available to everyone from every supplier.  Equally FDD should be offered to everyone.  It is called choice.  When I get my monthly variable bill my supplier knows that in 10 working days that money will be with them & it will stay with them.  They do not have to even consider I might be seeking a refund of an overpaid FDD level at some point.  Once they have their hands on these speculative amounts they have no idea how much they will get to keep (& thus can plan to spend).  Sadly too many people think FDD is "all you can eat" tariff & will never understand how to budget for usage suited to their ability to pay.

Everything else I pay for in advance is a definite purchase of a defined supply - petrol, groceries, insurance etc.  I personally don't wish to pay for something I might or might not use.  If I overspend on tins of beans I cannot take them back for a refund, but I have got those beans for my future use.  I cannot store gas & electric that is more than I am actually using - it does not stack up in the pantry!  But I can invest the money I am not putting into the energy supplier coffers & it is either making interest or is available for the sort of emergency plumbing repair I needed a while back.  I could not be without a working loo whilst waiting several days optimistically awaiting a credit refund.

stu12345_2

pseudodox said:

stu12345_2 said:

Gerry1 said:

stu12345_2 said:

I know a fixed DD is not my bill.maybe change supplier.
can't understand why BG make fixed DD the default.my water company doesn't.

'Fixed DD' is a highly misleading term because it confuses so many people and makes them think it's 'All You Can Eat'.  Ofcom should change 'Fixed DD' to something better understood e.g. 'Equal Direct Debits'.

BG love it because they can build up bigger and bigger mountains of customers' money that earn interest.  Presumably that's why BG are stopping Variable DDs.

pay as you go should be the default.bill everyone monthly on the true usage they used.none of this we will guess your average and if you build up credit we the energy companies will enjoy the interest we gained with it 

PAYG for actual usage should be available to everyone from every supplier.  Equally FDD should be offered to everyone.  It is called choice.  When I get my monthly variable bill my supplier knows that in 10 working days that money will be with them & it will stay with them.  They do not have to even consider I might be seeking a refund of an overpaid FDD level at some point.  Once they have their hands on these speculative amounts they have no idea how much they will get to keep (& thus can plan to spend).  Sadly too many people think FDD is "all you can eat" tariff & will never understand how to budget for usage suited to their ability to pay.

Everything else I pay for in advance is a definite purchase of a defined supply - petrol, groceries, insurance etc.  I personally don't wish to pay for something I might or might not use.  If I overspend on tins of beans I cannot take them back for a refund, but I have got those beans for my future use.  I cannot store gas & electric that is more than I am actually using - it does not stack up in the pantry!  But I can invest the money I am not putting into the energy supplier coffers & it is either making interest or is available for the sort of emergency plumbing repair I needed a while back.  I could not be without a working loo whilst waiting several days optimistically awaiting a credit refund.

my argument is BS DD on the website is fixed DD default choice.thats the problem.it should be both choices to choose what to tick.
monthly should be the max so folk don't fall behind.
or even if the tech comes available have a system where you pay for use via your debit card by swiping your smart meter.
 just like when you go shopping.you pay for what you put on the conveyor belt.

ArbitraryRandom

pseudodox said:

stu12345_2 said:

Gerry1 said:

stu12345_2 said:

I know a fixed DD is not my bill.maybe change supplier.
can't understand why BG make fixed DD the default.my water company doesn't.

'Fixed DD' is a highly misleading term because it confuses so many people and makes them think it's 'All You Can Eat'.  Ofcom should change 'Fixed DD' to something better understood e.g. 'Equal Direct Debits'.

BG love it because they can build up bigger and bigger mountains of customers' money that earn interest.  Presumably that's why BG are stopping Variable DDs.

pay as you go should be the default.bill everyone monthly on the true usage they used.none of this we will guess your average and if you build up credit we the energy companies will enjoy the interest we gained with it 

PAYG for actual usage should be available to everyone from every supplier.  Equally FDD should be offered to everyone.  It is called choice.  When I get my monthly variable bill my supplier knows that in 10 working days that money will be with them & it will stay with them.  They do not have to even consider I might be seeking a refund of an overpaid FDD level at some point.  Once they have their hands on these speculative amounts they have no idea how much they will get to keep (& thus can plan to spend).  Sadly too many people think FDD is "all you can eat" tariff & will never understand how to budget for usage suited to their ability to pay.

Everything else I pay for in advance is a definite purchase of a defined supply - petrol, groceries, insurance etc.  I personally don't wish to pay for something I might or might not use.  If I overspend on tins of beans I cannot take them back for a refund, but I have got those beans for my future use.  I cannot store gas & electric that is more than I am actually using - it does not stack up in the pantry!  But I can invest the money I am not putting into the energy supplier coffers & it is either making interest or is available for the sort of emergency plumbing repair I needed a while back.  I could not be without a working loo whilst waiting several days optimistically awaiting a credit refund.

Interesting that insurance is on that list - that is (to me) the very definition of paying for something you may or may not end up using. 

Lots of people 'self insure' - which is to say putting a sum of money each month into a bank account as a contingency, which would seem to be more in keeping with your view.