Energy suppliers DD
On Wed, 19 Sep 2018 19:11:57 +0100, Harry Bloomfield wrote:
I have not yet delved into the detail of my bills for the year, to
check the numbers, but my E&G DD has been increased three times now
from ú48 per month, to the present ú92. My predicted consumption over
the years has been near as matters spot on and its a one year fix, due
to end in November.
My supplier has sent me a comparison, which shows the cost will be much
higher for the next year. Might they be increasing my DD, so as to
cover the cost, assuming that I will accept the much more expensive fix
beginning in November? In other words - are they stockpiling my cash,
in anticipation for next year?
They'll be basing their projected cost on you not doing anything when
your current fixed term ends in November. For the 10 months after
November they will be using their standard variable tarrif. They are
simply following the rules regarding the assumption you'll "do
nothing" and also the rules that say they mustn't let people run up
big debts.
Rules that do nothing to make things clear.
--
Cheers
Dave.
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