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?

About £600 but that will even out down to about zero by the end of the winter.

Why don’t you ask for some of your credit back, or for your DD to be reduced, or both?

I used to use the "budget plan" so it's the same every month and they were pretty spot on last year with usage. However, it was so much money sitting I decided to put that amount, plus an extra £50-100pm in summer, into a savings account paying 4%. Time will tell if I've saved enough!

£0.00. Why would you put your money somewhere where you don’t get interest on it or access it if needed?!

Probably because it's only very recently that the interest you'd earn is worth bothering about and many people would rather pay the same amount each month than pay three times more in the winter than the summer.

Plus anyone a month or two in front now is likely to be the same amount in debit in February to March, so it balances out.

But without the credit from now to fall back on, many will find that money that was saved and accessible has been spent on something else.

£500 was a bit more but took £150 out. I know I could be earning interest on that money elsewhere, but I like the security of having a bit of a buffer in my fuel account and my finances are quite complicated at the moment -recently separated, partially self employed, needing to buy a house etc so it's helpful to have that ringfenced for the winter.

Zero, I just pay for what I use. I'm shocked by some of the bills on here, even in the coldest months last year I spent less than £130 a month on combined gas and electric. My house is a 3 bed semi, three of us living here.

I must be very tight!

£740

None. I have prepayment meters for gas and electric. Gas costs about £17-20 a month in summer, around £75 in winter, so roughly £46-47 a month throughout the year. (Small house!)

Electric costs almost the same all year round, as although we don't have the lights on so much in summer, we have the fans on. As we use most of our electrical items as much in summer as in winter, electric costs us around £70 a month on average throughout the year.

Gas costs less as we only use it for heating, and the cooker. We use the electric for EVERYthing else!

So around £120 a month is our (combined) energy bill.

Not sure if this helps or not.

I've got a big credit with shell energy but they won't refund any of it as they are going over to octopus energy.

Yep, unless people have massive 3 storey, 6-9 bedroom houses with around 37 radiators, and 90 electric points, I have no idea how and why they are getting joint energy bills of £500 to £700 a month.

They were either given an artificially low amount to entice them into a new energy provider several years ago, and it bit them on the arse when the energy provider closed down, and the new one (British Gas for many) adjusted their payments to what they SHOULD have been, and added a bunch of £££ on to claw back the debt.

OR they have their heating on 30 degrees C six months a year.

The 'I am freeeeezing, AIBU to put the heating on' threads when it's 19 C outside, and drops to 12 C at night, (in JUNE,) shows that some people seem incapable of having a house at less than 24 C inside. Most people will cope with a jumper or a fleece over them, and won't put the heating on til it drops below 10 C in the day, and 2 C or 3 C at night. Some will wait longer. But some people crank up the heating at the drop of a hat, and then come on here crying because their gas bill is £450 a month!

Only £120. I had a substantial debit on my account after winter so have only just caught up. My bill went up from £186 to £300 pm which just seems massive. I'm hoping I can level off a bit this autumn and winter with dd being away at uni. This is one fewer person running all their devices and being at home a lot, plus all of the washing for all of the clothes, showering twice a day, using the oven for baking once or twice a week 😬

Agreed @SweetBirdsong I keep my thermostat low and only turn heating on for a couple of hours in the evening in the winter. Usually thermostat is around 15 degrees, I wear extra clothes to keep warm, same for the kids.

We use the shower more in summer too @Wazzzzzuuuuuuup I have 3 showers a day some days. Second two will only be 2 minutes though, just to freshen up. I am quite active, and go for walks, and bike rides, and am active in the garden, so I do need a couple of extra showers in the day between early June, and late September!

Makes a lot more sense than shoving the heating up when it drops below 20 C outside like some posters do! 😬 Just put an extra layer of clothing on! I mean when it's proper cold, then put the heating on, but not when it drops to 14-17 C, and 9 at night. These (as I said,) are the people who start ranting about their massive energy bills!

Around £1300 currently. We had solar panels fitted at the start of the year which has reduced our combined gas and electricity usage from around £300/month to £50-60 (gas only). Obviously that will go up in winter when the heating goes on, which is why we're leaving the credit where it is.

Latest bill says £600 in credit, but they are still taking the regulation £357 at the end of the month, would rather that than huge bills in the winter.

We are retired on a decent income, but it is a huge amount of money for us still don’t want an eep bill in the winter so will soldier on.

I bought a heated gilet last winter which wasn’t cheap but it paid dividends, I also layer up with fingerless gloves and neck warmers.

I have had two lots chemo and radio over the last eight years, both doses within four years of each other, I lost five stone and I spend my life permanently cold.

My DH who loves the heat was sitting in the garden last week (25 degrees) totally melting and I was just right. 😁

Not everyone with high bills are burning the heat for the sake of it.

None I pay in full every month, usually about 400.00

About £120 . according to how much I should pay in the next year I should be fine with the payments I make monthly .

Almost 500 credit we pay 308 a month. That credit will be gone by the end if Jan. We typically go into debt by April/May and build up credit again.

£200 debit here, down from £1300 a few months ago. We paid a £600 lump sum and then increased the direct debit by £100.

We've just had a notification that our standing charge for gas is reducing by 50%, standing charge for electricity is freezing, and our electricity unit rate is reducing.

I'm in debt! They take a fixed amount that they've worked out should clear it.

Is that bad?

£240 in credit with DD of £72 (all electric with solar).
Just had £500 back as only using about £15 a month in summer but winter bills will be different.

That should cover the difference as I'm not planning to increase the DD

I have nearly £1000 with Shell Energy. I want to reduce my direct debit but I am unable to do so (because Shell are being bought by Octopus) - so frustrating!