energy suppliers crazy new fixed term contracts.....

[JP_]

Find out if you are in credit or debit and if so by how much. BG once told me they were increasing my DD by £54 one year. I queried it and found I was over £100 in credit. I told them to do one and they actually reduced my payments by about £20

Yeah, can see what I pay, and what they suggest. Funny, as you cannot reduce your payments, only increase. My payment suggestion might be even crazier because of the heated pool in the summer - they must be assuming that I will always be using all this extra juice from now on.

I am currently £19.43 in credit
Monthly payment = £141.08
Latest statement = £121.65 (08 Aug to 07 Sep 2021)

"Based on your current balance and energy usage, we recommend changing your monthly payments to £269.23"

This was my usage, but they estimated August (I must have sent readings too late) so all the Sept electric was actually August

Luckily October is turning out to be a bit mild, so with any luck they will stop asking for more money soon!

 

[Justin Passing]

The predictions WERE

But the pence per therm figure is currently around 300.
In Spain, gas is charged to a friend at the spot rate using his smart meter so his daily bill has gone up 500% in a few months.

It's probably reasonable to assume the longer term picture will be closer to predictions. That would mean going for a flex rate right now, so it can drop again, but bets are off.

Take readings now and send them off. Make sure you don't misread down by a digit.

Electric will follow, natch.

 

[mattylad]

I'm building a gasometer out back so I can fill it from gas I use under my current fixed price contract so I can use it next year when I have to renew.