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How much credit do you have in your energy account?

134 replies

Gwdihooooo · 24/11/2022 18:06

I just want to gauge whether mine is right as we seem to have a lot of credit!

We have £900cr and pay £180 a month. We’re using approx £200 of energy (gas/elec combined) each statement.

The Oct/Nov usage hasn’t appeared yet.

How much credit are you in? x

OP posts:
Rocksludge · 24/11/2022 18:08

Mine was about £450 in credit.

upfucked · 24/11/2022 18:08

Ours is similar but our payments are much more. They have just emailed us to say they are reducing our monthly payments.

IwishIwasSupermum · 24/11/2022 18:14

£750 - We’ve started putting the heating on and have been very conservative with energy use in other areas, just hope it doesn’t get used up too quickly.

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youagainomg · 24/11/2022 18:15

£1100 but I'm using a lot recently so the extra credit is needed!

AuntieMarys · 24/11/2022 18:16

£800. Last bill ( mid Oct to Nov) was £162.
Heating is now on for part of the day so god knows what December bill will be

Welshy26 · 24/11/2022 18:16

£430 in credit.

SunflowerSmith · 24/11/2022 18:16

£864 in credit and pay £133 a month.

I don't know whether to request a few hundred back or leave it and see if it starts going down quickly.

Twinstudy · 24/11/2022 18:20

Almost £500 but our November bill is due tomorrow and we've had the heating on a bit so probably a fair bit less. When I went on to check though I got a message saying our smart meter isn't sending gas readings, so god knows what they'll estimate! Need to go and take a reading but it's pissing it down, be too late for this bill anyway I guess.

We pay £150 a month.

Belleton · 24/11/2022 18:27

£643 in credit and November’s has gone out. Last month we used £220 and we pay £150 a month. We were lucky to qualify for the warm homes credit and that went on yesterday which has helped considerably.

ChristmasCakeAndStilton · 24/11/2022 18:28

I think the guidance is 2 months credit as winter kicks in.

Ours is crazy high, as when we moved, I requested they shifted the payment date from 30th of each month to the 1st. And they didn't explain they would take the (vastly over estimated) amount on 2 consecutive days.

We've been in 4 months, and they have let me reduce the monthly payment by 100 already.

Whatthetrolley · 24/11/2022 18:29

I've just had my 6 month bill so British Gas have refunded the excess over £75. They've also readjusted my direct debit downwards as it's my annual review. Rather in my account than theirs!

Gingersay · 24/11/2022 18:33

We are £550 in credit and pay £155 a month, I've never used anywhere near £155 a month, my Dec/Jan last year were £100 a month.

GoodnightJude1 · 24/11/2022 18:37

£1653 in credit. Our DD is set at £486 pm but throughout the summer/autumn we were using around £200 pm but decided to leave the DD as it was and last months bill has already gone up to around £370.

Gwdihooooo · 24/11/2022 18:42

SunflowerSmith · 24/11/2022 18:16

£864 in credit and pay £133 a month.

I don't know whether to request a few hundred back or leave it and see if it starts going down quickly.

That’s what I’m trying to figure out. I might leave it until I get next statement as out heating has go e on as normal

OP posts:
Bookaholic73 · 24/11/2022 18:44

I have &600 in credit and my DD is £208.
We normally use £200 a month so that’s about right.

Afterfire · 24/11/2022 18:44

£500 in ours. We are leaving it as we don’t know how cold the cold months are going to be yet! We pay £270 combined a month for gas and electric and so far that’s been covering our actual usage but I think that might change.

jeffgoldblum · 24/11/2022 18:45

£2738 in credit! , but can't get a refund, they kept taking more at one point they wanted to put it up to 1000 a month but now southerner elec turned into OVO we have manually put it to 700 per month, the actual bill was less than 800 !

Gwdihooooo · 24/11/2022 18:46

Thanks all. I might leave it in for now, see how it looks at the end of winter.

Prob best to leave it in as a buffer

OP posts:
legalalien · 24/11/2022 18:46

Glad to see someone posted about this,! We’re £1700 in credit, and that’s without taking account the new meter reading I posted today (60 days since last reading and have been trying hard to reduce usage so expect the credit may increase). That’s a ridiculous amount of our money to have in advance. For the first time I am thinking about a smart meter and cancelling the DD. EON. Our DD has been adjusted to a round £450 but we don’t spend anything like that much.

jeffgoldblum · 24/11/2022 18:47

That's per 3 months used not per month usage!

Afterfire · 24/11/2022 18:47

legalalien · 24/11/2022 18:46

Glad to see someone posted about this,! We’re £1700 in credit, and that’s without taking account the new meter reading I posted today (60 days since last reading and have been trying hard to reduce usage so expect the credit may increase). That’s a ridiculous amount of our money to have in advance. For the first time I am thinking about a smart meter and cancelling the DD. EON. Our DD has been adjusted to a round £450 but we don’t spend anything like that much.

Don’t cancel your dd, you’ll end up paying more as you quite often get a discount for dd. Contact your energy company and ask for some of the money back. I think you could ask for half back and still leave a good buffer.

Northernsoullover · 24/11/2022 18:48
  1. I'd spend it if it was in my account.
Joystir59 · 24/11/2022 18:49

About £400 and I'm spending approx £80/month

legalalien · 24/11/2022 18:49

Thanks afterfire, I’ll have a proper read of the conditions and see if I can get a refund as you suggest.

megletthesecond · 24/11/2022 18:50

£650. Meter readings sent every month so I know that credit is safe. I've tried really hard to build it up.
I won't move it to my account as I will move to universal credit some time soon and don't want it seen as savings.

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