Energy Bills

9 lurkers | 54 watchers
May 2022
10:21am, 30 May 2022
809 posts
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JenHB
logged onto my gas/electricity yesterday: they want me to increase my DD even more (from the amount they suggested last month) - I suspect this is probably linked to the price increase expected in October so want customers to already be in credit.
May 2022
11:45am, 30 May 2022
27,363 posts
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Johnny Blaze
I wonder what is actually going on at the energy companies at the moment.
More arrears and bad debts?

More disconnections/switches to meters?
Big reductions in energy usage?
It's going to be a hard winter coming up.
May 2022
1:09pm, 30 May 2022
22,734 posts
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Bazoaxe
I will be doing month end meter readings tomorrow and see where I am which is in credit and last month I increased my credit by £80 so am overpaying. When I run a quote I can see my DD is £15 higher than the quoted amount

Although I want to stay in credit I might look to reduce what I pay especially with the £400 to come - if I can trust the tories not to change that !
May 2022
1:11pm, 30 May 2022
728 posts
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Shades
Jen - I would query that they want to increase your DD to far more than you think reasonable.

My supplier wanted a smaller increase in DD than I expected.

I had a smart meter installed this morning. 🙂
May 2022
1:42pm, 30 May 2022
8,759 posts
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KatieB
We submitted our meter readings last week. This week the website has suggested a DD of £255. 2 months ago when we started our new fixed rate it was £285. So that’s something.
May 2022
3:51pm, 30 May 2022
89,571 posts
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Hanneke
I submitted a reading last week as I am moving to their flexible rate, with dread, but been advised better than fixing for 2 years at a high rate.
I think Katie demonstrates things are already coming down a bit...
May 2022
7:53pm, 31 May 2022
22,745 posts
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Bazoaxe
Just submitted end may readings. My may usage was less than April and I overpaid by £130 increasing my credit to over £400.

I seem to have an option to take £15 off my direct debit but will leave for a few days and ponder but feels like I can maybe knock £75 off what I pay.
Jul 2022
6:44pm, 1 Jul 2022
22,964 posts
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Bazoaxe
End of June readings done today a day late as I forgot. Usage has dropped even further, aided by being away on holiday for eight days I guess.

Used virtually no gas and built up c£140 more credit and that’s despite me managing to get my direct debit down by about £30

Don’t fancy the look of the fixes being offered although I know another rise in price is coming, but why pay over the odds when I am using so little energy.
Jul 2022
8:32am, 2 Jul 2022
742 posts
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Shades
I had a quick look at the fixes on offer too but decided I just wasn't comfortable paying more than the flexible tariff I'm on now. I know there's an expected increase in October which at the moment is unknown but I'll risk it.

I did notice on some of the fixed tariffs very hefty fees for ending contract early.
Jul 2022
9:56am, 2 Jul 2022
5,241 posts
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Fields
I saw that too Shades. £200 exit fee plus the fix is 42% more than the current rate so that’s more money thrown away immediately.

I am looking at solar panels asap

About This Thread

Maintained by fetcheveryone
We’ve had word from our energy company that our direct debit from April onwards will be double the current amount. How’s everyone else fared?

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