Yes, but the core purpose of this is to predict and balance the year as a whole - high winter consumption, low summer, but regular monthly payments. Building up a surplus beyond that is overbilling.Don't most suppliers get their customers to build up credits in their accounts? I'm sure I've had it from a couple of them. It doesn't bother me at the moment with interest rates being nonexistent.
i'm octopus. What happens if/ when your energy supply company goes bust do you & your account get 'bought' by a surviving one?
So "the market" crashes and burns again, and guess who'll end up picking up the tab. AGAIN.The original estimates were that only 10 of the 70 energy providers will survive the next 12 months.
That is now being described as ‘optimistic’.
That's probably a sign of why they're in trouble. Your credit should be at its maximum heading into winter.I just checked my Bulb balance, and it's at a shade over £22. Which pleases me.
So "the market" crashes and burns again, and guess who'll end up picking up the tab. AGAIN.
Private Eye have run stuff on Bristol Energy - they say it was sold last year though.
Yeah I should probably read up on what happened a bit.
they pay ... interest
i'm octopus. What happens if/ when your energy supply company goes bust do you & your account get 'bought' by a surviving one?
The government picks a supplier and you get stuck on the closest tariff that they have to what you had at the last place, and you just have to live with it until they have done all the paperwork. . . took them a few months at double the cost last time it happened to me . . and that was a much smaller company than octopus or bulb.OFGEM have a system to transfer customers to other suppliers. No idea what it means in terms of transferring tariffs - I'm on a 12 month fixed deal for green energy with them.
Shiiiiiiitt.I’m with Octopus, green deal fixed rate for electricity (only - no gas here). 14 and a bit pence per kilowatt hour. Fixed rate comes to an end next month - new deal is going to be 23p/kWh!!! Ouch. 65% increase.
I know of “miles and points” people who pay £1000+ of credit into their account using a credit card and then get a refund back to their bank account (aka Manufactured Spend). It’s often the smaller suppliers who take Credit cards to provide a point of difference. Stuff like that can’t be helping.
They always seem to have the same script wherever they're from: "Hello arthur, how are you this morning?" (Why the fuck do you want to know ). Am always non committal until it's clear in case it's actually someone human from a proper company.I had an Indian call centre type of call this morning, claiming to be from bulb, asking if I was happy with their service, could they do anything for me, and would I like a smart meter. Very weird.
I'm quite rude, tbh, unsolicited calls whilst I'm at work wind me up.They always seem to have the same script wherever they're from: "Hello arthur, how are you this morning?" (Why the fuck do you want to know ). Am always non committal until it's clear in case it's actually someone human from a proper company.
That evil communist Corbyn is to blame for suggesting nationalisation.i am with Green energy. They upped my monthly direct debit by 100% and I now have nearly £400 sitting in my account.
energy companies are all thieving cunts IME.
I remember that. It worked quite well iircThat evil communist Corbyn is to blame for suggesting nationalisation.