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Electricity

(58 Posts)
FarNorth Thu 24-Feb-22 11:47:11

The actual charges, using readings not estimates and not just what is taken as direct debit, are the only way to know how much your electricity is costing you.

Riverwalk Thu 24-Feb-22 11:31:38

My DD with Octopus went up from £56 to £96 - I used the online facility to reduce it back down to £50.

The DD amounts are only an estimate of what they think you will use and energy costs, you re not obliged to keep to that amount. Of course you take the risk of being in deficit then having to pay a one-off amount, but my view is it's better in my account than theirs.

I don't want to build up a credit - I'm surprised when someone says with pride that they're in credit to a large amount. The energy companies have millions of £s of their customers' money!

Georgesgran Thu 24-Feb-22 11:14:52

Got an email from Octopus yesterday - my DD is going up from £160 to £250 in March. I can afford it, but really at a loss to understand such an increase.

Calendargirl Thu 24-Feb-22 10:58:22

My fixed tariff, dual fuel, finished end January, I was paying £91 a month. The new figure seems about £134, but this month they still took old amount.

I had an e Mail the other day saying from April 1st, it will increase by nearly £1000 annually, about £217 a month!

Aargh!!!

welbeck Thu 24-Feb-22 10:41:13

well at least we haven't got missiles raining down destruction on us in our beds at 3am, and on our loved ones.
some shenanigans.
not the word i would use.

Germanshepherdsmum Thu 24-Feb-22 10:33:44

Yes, the price of oil has risen and will continue to rise as a result of the Russia/Ukraine situation.

Luckygirl3 Thu 24-Feb-22 10:07:40

Indeed so - I too am lucky enough to be able to pay, but just do not know what families on low incomes and benefits are going to do - they must be worried sick.

Ladyleftfieldlover Thu 24-Feb-22 10:06:06

We had an email from our electricity supplier yesterday informing us that our electricity direct debit is going up by £400 per year - £33 a month. We are already on the lowest tariff, but can fortunately afford it. How on earth will families with little income manage! We’ve already had to pay around £200 more for our heating oil than last year. With the Ukrainian shenanigans, it is likely that these costs will increase even more.