Had a letter from my electricity supplier raising my monthly payment from £64 to £88….yet I’m in credit by over £200…saying it’ll…. ‘help to keep a healthy balance in your account’……well it won’t…because it’ll be keeping a healthy balance in YOUR account.
Or are there gonna be more price hikes in the pipeline.

No.
The wholesale price of oil & gas has dropped again & people SHOULD be paying less,shortly.

We are talking power companies here.

got a communication from the gas supplier last year questioning our correct meter readings. in there eyes we were not using enough gas and came round to check. what next, will we get cut off we we do not use the amount they want us to use.

The power companies tell you pay by monthly DD and you get a better deal, just think how much money they are holding in their bank of your money earning interest for them but nought for you ?

if only getting your money back was easy it would not bother me as much them having it. know it can be done but they do not make it as easy as they should or could.

And this is why I refused and always will refuse the scam of the Smart Meter.
Were DD is in with it.

I just pay for what I use every 3 months.
The stupid bastads have finally given up on trying to get me on a smart meter after about 500 e mails.

It’s easy enough, run your account in debit the same as you should do with your bank accounts, use your free overdrafts to the limit, just keep it within 1p of the limit.

I switched to Ecotricity. They do a variable D.D. So you just always pay for that month - the actual bill.

Before with Scottish Power, quite big balances would build up and then they would write threatening stuff like "to get your account back on track/to stop you going into debt" they would up the DD when it got anywhere near a zero balance. They wanted it both ways.

Sorry. I meant to say that with a smart meter and Octopus Active tariff I paid 16 p/kWh for my electricity last month compared to over 27p under a standard variable rate. Smart meters can save you a lot of money.

Till we all have one…then….l

We all save money!

Power companies put fear factor into people, they employ people to do it, did our parents ever pay direct debits ?

Mine certainly did, as I had to cancel them when me mam died last August. Fortunately she made me a joint bank account holder after me dad died, but I am still fighting to get the £200+ credit she was in with her energy supplier.

Advice to people with elderly parents - have a discussion with them NOW about lasting power of attorney.

if hey were all that good everyone would have them without them being pushed or bribed.

The advertising campaign for them has been atrocious. It's got very little to do with being able to view your consumption its all about shifting your consumption into cheap periods of energy production. Avoid peak times and you can save a fair bit off your bill.