Gas & Electricity

[Millwallawayveteran1988]

I just got an estimated bill from Ovo for my mums house. Now bearing in mind she passed away 10 weeks ago and I informed them off this, they have estimated we owe them £600 for that period! If it is more than a third of that I will be amazed.

 

[comiskey33]

Waiting on my £600 voucher coming through from NI gov any day. Will be very handy to get me through the next few months of gas and electric!

im in banbridge and havent heard of anyone getting them yet

 

[Blue Maverick]

I am £700 in credit, my mother is £820 in credit, my next door neighbour claims to be £700 in credit, best mate says he is around £550 in credit, Sister in law around £650 in credit.

In short come the end of March the weather should buck up and I can see huge numbers of people having their money tied up, a concern i have is that I have tried to drop my DD on line and I am being advised it is only possible to drop by 10% per month. (to protect me is seems)

Last month was the big bill following the very cold snap in December, my credit dropped by just £20.

I’m £759 in credit, they must have millions tied up, I remember years ago you could ask for it all back, come March and the weather picks up I will be, it’s mine, if they won’t I will cancel my direct debit and they can bill me, obviously using up my reserves first.mWont do anything until I have all my cash from the government first though, by then I could be a grand in credit, that will pay for my loft insulation.

 

[chris85mcfc]

I submitted my meter reading and discovered I have overpaid by over a grand. That means BG is earning interest on my money and I'm not. I wonder how much money they are holding of people like me. The whole thing stinks. I live on my own, work from an office and my DD is £327 a month. Feel like I have been done over

I've just realised a couple of weeks ago that the cunts at Shell having been billing us for estimated gas rather than actual, despite their smart meter usage graphs showing that they've been over billing by about £100 a month for God knows how long!

Naturally they want 21 days to investigate and get back to me, and I'm yet to get a response. Will be back onto them on day 22!

 

[NPBlue]

I’m £759 in credit, they must have millions tied up, I remember years ago you could ask for it all back, come March and the weather picks up I will be, it’s mine, if they won’t I will cancel my direct debit and they can bill me, obviously using up my reserves first.mWont do anything until I have all my cash from the government first though, by then I could be a grand in credit, that will pay for my loft insulation.

I was £950 in credit at the end of November, and they wanted to increase my monthly payments to £266 a month from December. I read an article recently that said energy companies are holding something like £2Billion in overpayements from customers. I called them up, and nothing could be done to stop the £266 payment, which was £199 after the subsidy, and they put it back to £142 a month, £76 after the subsidy.

My credit has increased still further since then as I'm not using anything like the power they think I am and it's now over £1,000 since my payments in December and January.

I'm like you, I'll be asking for my money back come the spring, and if they want to keep their grubby paws around my money, I'll opt for the pay for what you use choice and whittle it down.

Years ago we had people coming around every 3 months to read the meter and you paid for what you used. I'm more than happy to submit a reading online every month and pay that way by DD if it stops us from financing director bonuses being inflated from billions of pounds of our cash wallowing around in their bank accounts.

 

[ganganvince]

Forecast that price cap will drop to £2200 by July

Cost of living latest news

The Sky News cost of living blog will be replaced by Money, a new look live page featuring the same news, advice and features, in the New Year. You can submit a financial dilemma for our experts below - the best will feature in Money.

news.sky.com

 

[Kompany Car]

Forecast that price cap will drop to £2200 by July

Cost of living latest news

The Sky News cost of living blog will be replaced by Money, a new look live page featuring the same news, advice and features, in the New Year. You can submit a financial dilemma for our experts below - the best will feature in Money.

news.sky.com

Goes in line with the gas futures I posted a few days ago.

 

[Kazzydeyna]

I do the same with Shell

Ditto. To be fair to shell they make it very easy to control your DD amount via their app.

 

[Saddleworth2]

I’m £759 in credit, they must have millions tied up, I remember years ago you could ask for it all back, come March and the weather picks up I will be, it’s mine, if they won’t I will cancel my direct debit and they can bill me, obviously using up my reserves first.mWont do anything until I have all my cash from the government first though, by then I could be a grand in credit, that will pay for my loft insulation.

I’m £1400 in credit and expect to see that all but wiped out by my next bill covering Nov/Dec/Jan.

 

[marco]

now the wholsale price of gas has dropped anyone have any idea of when this will have an impact on our bills

 

[Uncle Wally One Ball]

now the wholsale price of gas has dropped anyone have any idea of when this will have an impact on our bills

Almost certainly wont when the govt monthly payments end in April

 

[denislawsbackheel]

now the wholsale price of gas has dropped anyone have any idea of when this will have an impact on our bills

October

 

[Brewster's millions]

now the wholsale price of gas has dropped anyone have any idea of when this will have an impact on our bills

OFGEM has moved to a 3 month timetable now, so the bills from July onwards should fully reflect the wholesale movement.

The level of the next price cap period for April to end June is announced on 27 February, and for July to October the announcement is on 26 May.

 

[MCFC_ Phil]

I submitted my meter reading and discovered I have overpaid by over a grand. That means BG is earning interest on my money and I'm not. I wonder how much money they are holding of people like me. The whole thing stinks. I live on my own, work from an office and my DD is £327 a month. Feel like I have been done over

That's your fault then. You've done yourself over for not checking how much you're using.

 

[BlueHammer85]

Confused how cheap we’re now paying

Was paying £180 a month last year and been dropping monthly payments each month to now £50

 

[Franny 1234]

Waiting on my £600 voucher coming through from NI gov any day. Will be very handy to get me through the next few months of gas and electric!

Has anyone received the £600 voucher?

 

[RobMCFC]

Confused how cheap we’re now paying

Was paying £180 a month last year and been dropping monthly payments each month to now £50

View attachment 68855

£24 ? That’s two day’s use for us!

 

[BlueHammer85]

£24 ? That’s two day’s use for us!

Our metre showing at least £6 a day

 

[Mazzarelli's Swiss Cheese]

 

[Blackley_Blue]

Just done my readings, exactly 2 months apart (12/12/22 - 12/02/23).

I've used:

Gas - 161m3
Electric - 471kwh

I currently pay £185pm direct debit and pay back the £60 British gas pays me from the government grant.

Rough calculations based on formulas I've googled says I should have built up a bit of credit? I'm hoping that's correct cos I've been worried I'll end up owing a load!!