How much credit do you have in your energy account after summer?

[Lalaloulous]

Just checked my energy suppliers app and currently have about £500 surplus in there. We pay about £350 a month so I feel it should be more but maybe we are using more than I thought. I need to go back and look through the numbers but the energy company haven't said anything about being too low. Got me wondering how much are other people in credit at the end of the summer?

I was 1k in credit but have had a refund with eon. I don't like them having that much money of mine in their account so am going to switch to paying bills only.

We are in the minus here too, not massively maybe £160 in debt so will have to start clearing that off ready for winter and maybe up the DD a bit

we recently came off a fix so now its gone up hugely, like bloody everything else

£800 at the moment.

We have about £400 and our DD has been reduced by £40 this month. We’ve just had all our windows and doors replaced so hoping to make further savings this year.

£317. I pay £365 pcm.

Perhaps it’s more sensible to think about it as how many months you have paid in advance. These sound like huge amounts to be stuffing into energy companies counts to me. Our bills are roughly £200pcm so four figure numbers seem shocking to me especially as energy is traditionally paid in arrears.

I had about £650 at the end of August and knocked my monthly payment down from £250 to £150 for September.

The recent warm spell will be helping a bit as we tend to have to start putting the heating on about now.

I'll be taking regular meeting readings throughout the autumn and winter to keep an eye on it.

About £375. Pay £175 monthly DD but that will reduce to about 160 when the next fix starts. I submit meter readings monthly, couple of months ago reduced my DD from their suggestion of 250, because I calculated my average annual consumption of gas and electricity in kWh over the past 3 years and worked out what the annual cost would be based on the current tariff. The DD I had been paying would have been far too high leaving an unnecessarily huge amount in their coffers.

£600 and we like it that way no worries in winter keeping house hot and we take two months bill break each summer

£500 I have asked for refund

£355, which is just over 2 months payment. This is with Octopus, which has excellent online tools, with an account balance predictor, and a refund request link. I could click on and get £80 back no questions asked, but I'll leave it in there.

We’ve transferred to octopus from bulb and I’ve just logged on to check and it’s less than £100 which is frustrating. Ultimately we will just end up paying more over winter but I would have preferred to spread the cost and build up credit over the summer. Will try and remember not to decrease monthly payments by as much as they suggest next summer!

About £100.

But I don't overpay generally but I was away a lot in summer.

I'd rather the money was put into my savings and I earn the interest than these companies who are making record profits off people fear of being in energy debt earning interest on overpayments.

I work predicted annual costs, pay my DD for rough money use and put rest away.

We're with octopus and had a £300 surplus in the summer when Martin Lewis said it should be close to 0. We changed our dd to £50 monthly on the app with no quibbles.

£600 in credit with OVO. DD is £156 and we gain 3% interest on the standing credit which is more than my savings account gives. I also like the fact that it's a flat rate each month.

Nearly 800. Have just taken 500 out as well. Currently paying £180 a month so will see how we go.

Just under £1000. Shell still automatically tried to raise my direct debit and their app showed a sad face when I refused their suggestion.

About £650 if you just read the account summary

BUT

I know this months energy needs to be charged to the account yet. That'll take it down by about £150.

Instead I like to look at how low the balance will go by March next year - which is typically your lowest balance month. We will go down to £150 in credit before it starts building again.

About £485, but that's after they dropped the monthly DD and refunded some. Mine's been a bit all over the place, though; we only moved in just before Christmas and they insisted on setting the monthly payment at a massive amount far higher than we could possibly need to pay - four times what we'd been using in the old place - (and that was even after I lied and told them the house was smaller than it actually is, otherwise it'd have been 6x) and then gradually it's been settling down to something more realistic.

£731 in credit and pay £189 a month. BG will review the account in October and refund whatever the credit balance will be and set a new DD payment amount. The next day we'll just pay the refunded amount back to BG to give us breathing room over winter.

zero here - we are paying £50 a month and then paying the balance monthly

About £500.

About £300 but we are with British Gas where the credit it your monthly payments that go towards your six monthly bill so it's not really credit just money being held for the bill.

£133 in there, but always goes to 0 once we are billed for that month. So I guess we are paying exactly what we use at the minute. We have spare money for over the winter so not too worried.

A couple of pounds.

Why do people have such surpluses in a company's account? Keep the money in your own account! These energy companies are raking it in.