In the last month it has come to light that energy customers have been severely overcharged for their gas and electricity by not opting in to direct debit schemes. Although the majority of British customers prefer using direct debit, many customers find it easier to budget by only paying for the energy they use rather than working from an estimate.
According to a recent report from the National Housing Federation (NHF), consumers who used alternative pay schemes outside of the usual DD option were being overcharged a massive £464 million over the last three years. In an ideal world, direct debit should present an ideal solution for both consumer and provider, as the gas and electricity suppliers get a constant and reliable stream of revenue direct from customers’ bank accounts, and customers get cheaper energy as a result.
The reason gas and electricity is cheaper with DD schemes is that it costs the energy suppliers money to install and maintain pre-paid gas and electricity meters. Companies also like the convenience and security of direct debits which do not rely on customers sending in cash or cheques on a regular basis but go straight to the customer’s account. Hence suppliers are willing to offer cheaper gas and electricity to customers who are willing to pay by direct debit.
Energy regulator Ofgem estimates that it costs suppliers an additional £87 a year to maintain pre-paid gas and electricity meters, but some families paid in excess of £500 more for their pre-paid meters, well above the requisite amount. Ofgem have since clamped down on such practices from energy suppliers and customers should not be penalised overly for using alternative payment methods.
However, the point still remains that using direct debit is one of the best ways to secure cheaper energy. Not only is it cheaper, it is also more convenient for customers to not have to remember to pay their bill each month.
Be vigilant though! Suppliers charge direct debit schemes based on averages, which often means customers will be overcharged for energy they haven’t used. You can monitor if you are paying too much by checking your meters regularly and contacting your gas and electricity suppliers to check their estimate and your meter reading correlate. You can always get a refund for energy you have been charged for but haven’t used. Don’t accept credit on your bills; make sure you get your hard-earned cash returned to your bank account.
Olivia has written various articles about gas and electricity and has researched into the pros and cons. She also enjoys writing various other topics
Thank you for reading, British Gas Energy Smart
Creditcard Currency Conversion Fee
Related Sites:


{ 34 comments… read them below or add one }
a reasonable amount of times
I sort of liked that idea because even if a person got to a point where they’d only be able to borrow one book, they’d still be able to borrow *something*, rather than feeling like they couldn’t have access to our collection and/or services.
it seems that music is good when it isn’t being computer fixed…..am i right?
News D: misc.consumers.frugal-living – 19 new messages in 5 topics …
Nice try. Keep it up check out esteembpo + com for social media marketing. erfdsf
at 1:46 i have no idea but those 7 words stay in ur head for a littel while like it gets to you
The energy comes from the conversion of mass to energy. The old E= MC^2
solar fusion is 4 hydrogen atoms converting to 2 helium atoms . the difference in mass in the energy created. see link
A Subaru. They are CHEAP to insure. And Mv3B is right – go for a 2008 or 2009 model.
Funny you mention that – my partner just made a post about cell phone security with links to cell phone antivirus products
http://www.tech-101.com/cell-phones/topic153.html
Gavin's right, it really depends on your health, how much water you drink, sweat and such. The average adult should only have 2200 mg of sodium a day, but when you eat processed or packaged foods it's hard to keep below that amount. That's also the ideal for people who have normal blood pressure. If you have high BP you should consume less sodium. If you have chronic low BP consume more. It's a good idea to ask your doctor how much you should be having in a day cause they'll be able to give you a straight answer.
If the hospital is not a member of the insurers network, they are billing you since they don't want the discount rate, they want the full payment. You are expected in turn to submit the claim to your insurance company.
Assuming you went out-of-network, it is likely that you will only be covered for 60 to 70% of the bill and expected to pay the difference.
However, if the hospital is in your insurers network, you need to complain to your insurer. This is deemed balance billing and is usually against the contract and/or state law.
Ky. man shoots wife to death after domestic dispute, kills 4 others, self: By DORI HJALMARSON, BILL ESTEP AND ANDY…
she wi;; still be paid the same but by her client
Morning. You do not need the negative energy, drama or stress in life. Release it all and treat yourself to all that is GOOD! -RAB
Why are people still asking me for advice on their bank accounts? I haven't worked at a bank in 3 years
That’s a lot of uncited “facts.”
Memorial to Mohamad Atta… Via Planck’s Constant: We all know that the anti-Semite Jimmy Carter is a paid shill of Arab oil sheiks. 1 Ex-Prez Bill Clinton is now joining Carter as a spokesperson for the Muslim cause. DNA Info, 21 Sept 2010, Bill……
If solving the Israeli – Arab conflict will eliminate Arab terrorism (as argued by Bill Clinton last week), why did the US have to issue a travel warning for all of Europe? After all, the Europeans are about as pro-’Palestinian’ as they come.The answer, writes Khaled Abu Toameh, is that resolving the Israeli – Arab conflict will do nothing to reduce Islamist terror in the world. The Europeans are
Depending on how much usage you have on the tv. If you watch the tv for 4 hours a day 7 days a week for a year you will probobly save $20 on an LCD. Remember, all electronic consumes energy even if they are turned off, and using the remote to power it back on (stanby mode).
CRT-tv does consume more energy that any other tv's in the market but they are also gone from the store inventory. Don't worry about it, you won't see much on your electric bill, unless you watch alot on your tv.
Recycling engineering plastics company MBA Polymers announced today it has raised $25 million in equity funding, which includes the $6.6 million it had raised as of September. The money will go towards funding the company’s existing operations and supporting its new factories in Europe and Asia. The company recovers plastics from recycled materials. It squeezes out recyclable plastic out of just about every imaginable thing — cars, cell phones, computers, household appliances and plastic-rich shredded materials from durable goods. The recycled plastics — which are compressed in to pellets (pictured) – are “virtually indistinguishable” from virgin material, and sold to companies that use plastic in their manufacturing process and want to be environmentally conscious. Most consumers probably associate recycling with putting old cereal boxes and Coke cans in a bin, but MBA Polymers represents the industrial side of recycling, using a process that is more energy efficient and…
IW: Rhapsody: Successful record producer "Dollar Bill" Dixon (Wood Harris) and his ladylove, Lenore Foxwood (Gina…
Good luck with that….. it’s like trying to trade a bike, a golf cart and a yugo for a ‘67 shelby mustang , the genral lee, and the ecto 1
Love Techno-,-
I might click once a while but the click thru rate could be 1%.
you know you say your fancy words and give your little speech but really in the end you’re just another conspiracy theorist who blame our government for everything. I’m not denying that we have corrupt polotitians but our entire government is not out to get us. so shut the fuck up about it
RT น่าสนใจมาก Google Studies How Consumers Shop For Laptops, Netbooks, E-Readers And Tablets #mkttwit
Put as much down as you feel safe doing. I would just borrow $5,000-$7,500. The more you borrow, the more you will be paying as there will be fees and finance charges, all of which are based on the loan amount.
You can go to a check cashing place, but you will need to pay a fee, and sometimes a percentage of the check in order to cash it. It does not matter what state you are in when you cash the check so long as you show a valid identification card that is not expired.
nice video
Hangi programı indirdin Cash?
fck sex… i want this!
en que año salio esta cancion
excellent work!
In 2009 and to some degree in 2010, the big issue was carbon regulation. In 2011, it is going to be free trade. Politicians and some trade groups have begun to lobby the U.S. to pursue trade sanctions against China. At the same time, they warn that U.S. retaliatory trade barriers will cause the price of solar panels and other technologies to rise, create economic inefficiencies and dull innovation. “If you don’t believe in free trade and the market system, then you can look to North Korea for a roadmap for economic development,” one person told me. On the other hand, executives like Bill Watkins, CEO of LED manufacturer Bridgelux, says “Buy American” provisions remain one of the best and simplest ways to grow the market. Think of it for a second. What if the federal government created a fund that would pay communities to upgrade their streetlights to LEDs with a caveat that 60 percent of the equipment came from U.S.-based facilities? Energy consumption would be reduced, municipalities…
You must log in to post a comment.