On 26/03/2021 20:33, bert wrote:
In article , Andy Burns
writes
Jeff Layman wrote:

https://my.edfenergy.com/gas-electricity/tariff-information-labels/
Enter any valid postcode. Select cash/cheque as payment method, then
click on "Apply filters", Then Cash/cheque Whole Amount (Quarterly).
Quite a few tariffs will appear (eventually - it's a slow website).

So slow I'd have given-up and gone elsewhere

only a 1.5p/kWh 'sting' for quarterly cheque vs monthly direct debit.

The cost per transaction for DD to the company is a fraction of the cost
of processing a cheque. Plus the payment arrives on time and is correct.
You have no idea how many errors there are in hand written cheques.

As I said, I use BACS, not a cheque - it's just the term EDF uses. It
costs the company almost nothing to process that, and it arrives on time
and is correct. The reason they want DD is to use someone else's money
at no cost to them. In fact, even the tiny interest rate they get on
that money adds up when you have millions in the bank. I wonder in what
form that appears on their annual accounts?

--

Jeff