ScottishPower paying the £66 direct to bank account.

[Toddlerteaplease]

As above, I thought it was being credited to our Scottish power account. Not paid in cash?

British gas are doing this also, but I have yet to receive it and DD was paid on the first!!

OVO paid direct into bank.

Table in this link shows how each company is paying it...

www.moneysavingexpert.com/news/2022/08/how-energy-suppliers-will-pay-the-p400-cost-of-living-support-pa/

I don't mind either way. Fortunately I'm
In a large amount of credit with them. So the extra cash will
Come in useful for other things.

I don’t know if I am not understanding this but surely reducing your direct debit when we are just going into winter will mean a lot of folk will end up massively in debt with their energy accounts come the end of winter as less is being paid towards it? I’m thinking folk who have a fixed direct debit in place? I understand it helps paying less just now but surely in the future it will just cause more problems when folk owe more?

Silly really as it will jist go strait back out again on increased direct debit. I'd prefer they jist left it and credited it to the bills to be honest but in the end makes little difference

@Whatadayyyy it's not reducing the direct debit. It's just a top up so they pay less each month. My DD is £75. The £66 would cover almost all of that.

See that’s what I still don’t understand. I’m with eon. Fixed dd. Usually pay £220 a month but dd has been reduced. So doesn’t this mean there’s only £154 going towards my energy rather than the £220? So I’m paying less bit using more as it’s winter so I’m going to end up in debt more so than I would have had I been paying my usual £220?

@Whatadayyyy the government grant tops up your account so eon are still getting £220 for your account but the cost to you is less.

£154 + £66 = £220

It's all done automatically by EON