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EDF not refunding over £2000
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Sorry for the late reply, was quite a busy weekend.My annual usage is around 1100kwh electricity, and 13000kwh gas. No idea why gas consumption is so high (gas meter on the blink? It must be at least 30 years old) but the credit on the account was enough to cover my annual usage and then some, yet they still took a monthly £300+ DD.EDF needed meter readings to calculate the current bill before refunding any remaining credit. My account was £2074 in credit AFTER clearing all bills up until 28th September. Apparently calculating and billing for usage worked on their system but the refund part conveniently didn't work.I was on hold for another hour yesterday and they claim they've done the refund but can take up to 5 days to appear in my account. So far, nothing but will see. My EDF account no longer shows any credit and in their wisdom, they also reduced my monthly DD to £17. Absolute shambles. Definitely time to switch.*Edit I meant September, not November. Went forwards instead of backwards1
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£17 as a DD is ridiculous - that will only cover standing charges.
Double check your gas meter - at 30 years ? it will be imperial meter and marked in ft3 - can we have a photo please? Have a look at your bill - and the meter details - a redacted copy will also help
Read your meters every day and get a betterNever pay on an estimated bill. Always read and understand your bill0 -
akira181 said:Sorry for the late reply, was quite a busy weekend.My annual usage is around 1100kwh electricity, and 13000kwh gas. No idea why gas consumption is so high (gas meter on the blink? It must be at least 30 years old) but the credit on the account was enough to cover my annual usage and then some, yet they still took a monthly £300+ DD.akira181 said:EDF needed meter readings to calculate the current bill before refunding any remaining credit. My account was £2074 in credit AFTER clearing all bills up until 28th November. Apparently calculating and billing for usage worked on their system but the refund part conveniently didn't work.akira181 said:I was on hold for another hour yesterday and they claim they've done the refund but can take up to 5 days to appear in my account. So far, nothing but will see. My EDF account no longer shows any credit and in their wisdom, they also reduced my monthly DD to £17. Absolute shambles.akira181 said:Definitely time to switch.2
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My EDF account no longer shows any credit and in their wisdom, they also reduced my monthly DD to £17.A strong possibility that they calculated the DD before the refund was processed. However, you can instruct them to use a figure more appropriate for your use. 2022 was a mild year. So, take your 2022 use, add 20% and use that as your annual estimate and set your monthly on that basis.
However, the point in year to remove any credit is May. Winter is over by then, and any money in the account is not needed for the following winter as you will have the next 4-5 months building new credit ready for the following autumn and winter. Taking too much money out of your account in October risks leaving you with insufficient summer credit and needing to pay an increased direct debit to avoid building debt.
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 -
The alternative on the DD situation is to set aside the credit if it lands back with you, then ask EDF to change you to "DD Whole amount monthly" where you will then be billed each month for the actual cost of what you have used (you will need to provide regular meter readings for this - at least once a month) and you can then ensure that the correct amount is sitting in your bank account waiting for use when they take the DD. You are in an ideal position to implement this at this time of year if you have a cushion of credit that you can use to balance the high winter bills. Do ensure though that your household budget reflects a realistic monthly sum too however as at some stage that credit will run out!🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1 -
Thanks for the replies.I meant the reading was for September and bill was cleared up to September 28th. Added a month to the current date instead of subtracting.I've been looking over my bills and my energy usage is only marginally higher in winter than it is in summer. Most of my heating comes from a wood fired stove, and my brother is a tree surgeon so no shortage of free wood. My garage is only used for seasoning logs and keeping chopped firewood! That said, £17 is massively short.I'll wait till they phone me about my account going into negative and adjusting the DD. Fed up waiting hours on hold everytime they mess up. Although I'll probably jump ship once my refund is through.0
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If like so many before you, you jump ship to Octopus, remember to get a referral code from one of their many happy customers to gain yourself and the other party £50 bill credit each. I'd be surprised if you don't have a friend or family member who'd love to help you out with a code!
Also - I'd question why your gas use is so high if you barely use it for heating - it is probably worth you looking into as you seem to use more than you think - your electricity use is low, your gas use is above the oft quoted "typical use" and while that in real terms means very little, it can be a handy benchmark.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her2 -
akira181 said:I've been looking over my bills and my energy usage is only marginally higher in winter than it is in summer.
RE your DD - rather than wait I'd suggest if you have your bills then it's trivial to work out what your DD should be.
You are currently in a strong position to TELL them what to set it at (as you will be requesting an increase), which would give you more control and protect you having a higher than needed rate imposed on you in the future to cover the debt... and obviously after that, you then have to remember to get lowered to the 'right' amount when the debt has been cleared (or end up in the same situation again where you've built up a large credit).I'm not an early bird or a night owl; I’m some form of permanently exhausted pigeon.1
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