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Energy Supplier Help Needed

uthmaan Avatar
8y, 1m agoPosted 8 years, 1 month ago
Hi guys,

I need your help if poss. Does anyone know of a domestic energy supplier (gas and electricity) that offers a variable monthly direct debit? By this I mean that we get monthly bills which we can pay off in full. This will help us as we are a bunch of students and helps us cover bills rather than getting nasty surprises after 3 months. Any help will be greatly appreciated. Thanks in advance.
uthmaan Avatar
8y, 1m agoPosted 8 years, 1 month ago
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#1
moved to correct forum
#2
http://www.energyhelpline.com/?gclid=cpqx9tsxx5ycfq2y1qodzspmyg

http://www.uswitch.com/gas-electricity/

Have a look at the above two sites which give out good info.

British Gas do a monthly direct debit but not a variable as far as I know.



EDIT: Looking at the sites they all do Direct Debit monthly.
#3
Hi thanks for moving to correct forum. To the second poster, thanks for your info, However, eventhough most suppliers do monthly DDs, these are fixed and not variable meaning that the customer builds up a credit or debit. This does not suit us and hence why we want a variable DD. Thanks.
[mod]#4
uthmaan
Hi thanks for moving to correct forum. To the second poster, thanks for your info, However, eventhough msot suppliers do monthly DDs, these are fixed and not variable meaning that the customer builds up a credit or debit. This does not suit us and hence why we want a variable DD. Thanks.


So you want the quarterly direct debit option where they deduct the actual bill total automatically ? I've never heard of a variable monthly direct debit as on normal monthly direct debit your payments are reassessed every 3 -12 months depending on the supplier & with direct debit you actually pay in advance as payment starts when you sign up, not 3 months later when you get your first bill.

It sounds like what you want is to get your bill & then pay it in 3 payments based on that bill, then get the next bill etc. Afraid that's not how it works. You don;t pay in arrears. So even if it was theoretically possible the comapny would still need to estimate your coming 3mts consumption so you'd still be in same position of being in debit or credit when you are actually billed.

Once a bill is due is has to be paid - you can't have 3 mths to pay based on actual readings - hope you understand what I mean :thumbsup:
#5
sigma
So you want the quarterly direct debit option where they deduct the actual bill total automatically ? I've never heard of a variable monthly direct debit as on normal monthly direct debit your payments are reassessed every 3 -12 months depending on the supplier & with direct debit you actually pay in advance as payment starts when you sign up, not 3 months later when you get your first bill.

It sounds like what you want is to get your bill & then pay it in 3 payments based on that bill, then get the next bill etc. Afraid that's not how it works.


Erm not quite. What I want (if possible) is get a bill every month and pay it off in full every month ie much like how mobile phone/sky tv/cable bills work. The reason we want monthly and not quaterly bills is that as its a student household, we have people moving out at the end of a semester eg for placements and new guys moving in. With monthly bills its much more easier to tell how much X owes before he moves out and before Y moves in.

It also helps us for the summer period where as you can imagine energy consumption for us totally drops as no-one is living there, Unless someone has resits....
[mod]#6
uthmaan
Erm not quite. What I want (if possible) is get a bill every month and pay it off in full every month ie much like how mobile phone/sky tv/cable bills work. The reason we want monthly and not quaterly bills is that as its a student household, we have people moving out at the end of a semester eg for placements and new guys moving in. With monthly bills its much more easier to tell how much X owes before he moves out and before Y moves in.

It also helps us for the summer period where as you can imagine energy consumption for us totally drops as no-one is living there, Unless someone has resits....


Oh I see. I've never heard of a domestic customer being actually billed 12 times a year (& I've some experience in this industry) - only larger 100kW+ customers who aren't classed as domestic. Good luck in your search though, maybe there' s some new product out there ?

Wouldn't some sort of pre-payment meter (key meter) be a possibile alternative if you couldn't find a suitable billing contract ? Seems to be a solution many students actually use, but it would need to installed so it would depend on your landlord/property etc :thumbsup:
#7
Problem with key meters is that you will be paying over the odds for your energy.

You could get the flatmates to pay 1 month in advance but I doubt that would fully solve the problem as the Suppliers monthly direct debits are evened out over a year.

Flats and flatmates or houses and room mates are a big problem when it comes to energy consumption nowadays. How will you determine what each individual consumes in energy ? If like most places they have locked rooms they could be running all sorts in their room, heaters, hair dryers etc.

Needs very careful consideration.
#8
Thanks Sigma for your insight and to the others for their respective advice. I guess I'll have to put up with the fixed DD till I find an alternative product - if one exists...

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