Mike Oxsaw
5:03 Thu Mar 31
Re: Meter Reading Day
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Admin costs are minimal and mainly automated.
With a DD, customers are effectively saying that they will pay whatever price is asked for the shit they are buying.
This means the company knows it can sell whatever it buys and such costs can be taken completely off the balance sheet. 100% no risk for them in that respect.
But it remains on the cash flow, so insofar as day-to-day operating costs are concerned it's all loverly-jubbly.
With a guaranteed cash flow, borrowing money against that asset becomes easier. Everybody on DD is effectively underwriting their supplier's borrowing.
Probably need someone on a six-figure salary to explain the details, but ditch the DD NOW would be my recommendation - it ain't going to save you any money from this point on.
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Nagel
4:56 Thu Mar 31
Re: Meter Reading Day
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Also, direct debit = more consistent and predictable revenue income, which accountants, investors and analysts prefer.
God knows what Oxsaw was "just saying".
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BillyBondsBirthday
4:27 Thu Mar 31
Re: Meter Reading Day
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"Paying by direct debit gets you the cheapest tariff..."
Anybody actually stopped to thing why that could be? Same gas, same pipes, same meter, same supplier.
Admin mainly, no need to send out bills and red letters. Plus they can over collect and hold the money.
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⚒️
4:17 Thu Mar 31
Re: Meter Reading Day
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“Chinkey, up and down like a whore's knickers?”
More like your wife’s knickers, Far Right.
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Mad Dog
4:12 Thu Mar 31
Re: Meter Reading Day
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I see British gas website isn't working
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Mike Oxsaw
3:58 Thu Mar 31
Re: Meter Reading Day
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"Paying by direct debit gets you the cheapest tariff..."
Anybody actually stopped to thing why that could be? Same gas, same pipes, same meter, same supplier.
Just saying, like...
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zico
3:30 Thu Mar 31
Re: Meter Reading Day
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Put mine through to Octopus first thing as thought the sites would crash during the day. They are "validating" my gas reading. Probably because I used 70 odd units same month last year and have been freezing my bollocks off by only using 28 units this last month!! Will probably send another last thing tonight, being the frugal skint bugger I am!
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Chinkey Weasel
3:04 Thu Mar 31
Re: Meter Reading Day
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DagenhamDave - nah they're not all here the leaseholders. Lots abroad still or down at their country piles. I don't mind but they've had all week. I'm just a lazy fucker.
FarCough - Ag. Indeed:)
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DagenhamDave
2:51 Thu Mar 31
Re: Meter Reading Day
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That was supposed to be to Chinky...
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DagenhamDave
2:50 Thu Mar 31
Re: Meter Reading Day
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Syd Puddefoot 2:21 Thu Mar 31
Wouldn't it be easier to just take the readings on all of them and jot it down so you can reference it for any flat that calls?
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Far Cough
2:43 Thu Mar 31
Re: Meter Reading Day
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Chinkey, up and down like a whore's knickers? 😁
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Chinkey Weasel
2:34 Thu Mar 31
Re: Meter Reading Day
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I'm the Building Services Manager for 84 flats in Pimlico. I've been inundated with requests for readings today!! All the meters are located in the sub basement of the underground car park so I've been up & down all morning.
Last minute cuntshovels!! They could have requested this info gently over the course of this past week but no, has to be today :)
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Syd Puddefoot
2:21 Thu Mar 31
Re: Meter Reading Day
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SO
Paying by direct debit gets you the cheapest tariff so carry on. Paying the correct amount, i.e. enough, will stop the debt getting higher as you will only have to pay in the end.
Do the calculations yourself if you are not sure of their figures, easy enough in excel if you can work out your usage history.
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147man
2:19 Thu Mar 31
Re: Meter Reading Day
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I just had the same thing (with EON) wouldn't let me Log in to my online account so I emailed them the readings
To be fair they did reply to confirm receipt
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Jimm
2:10 Thu Mar 31
Re: Meter Reading Day
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Mike Oxsaw 1:50 Thu Mar 31
Good suggestion, cheers Mike.
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ted fenton
2:07 Thu Mar 31
Re: Meter Reading Day
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Having problems submitting readings online so have emailed our company along with photo's of readings.
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cup of tea
2:00 Thu Mar 31
Re: Meter Reading Day
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No.
Fixed standing order same amount as I always pay. Already said to them they ain't getting more. Let the debt build up with millions of others fuck em.
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only1billybonds
1:52 Thu Mar 31
Re: Meter Reading Day
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SO.
Cancel your DD and bank the money then pay the bill online as it comes in. Dont let them store your bank details though.
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Mike Oxsaw
1:50 Thu Mar 31
Re: Meter Reading Day
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"It seems most suppliers websites are offline"...
Send the meter readings in an e-mail to their customer services. There should be a way that doesn't go via a web portal/app.
Make sure that you keep a record of the send time & date - and the contents of the email
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SecondOpinion
1:31 Thu Mar 31
Re: Meter Reading Day
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OVO want to increase my monthly DD for gas and electricity from £120 per month to £200 per month
Apparently I have no choice about this
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Jimm
1:30 Thu Mar 31
Re: Meter Reading Day
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It seems most suppliers websites are offline - demand issue, or nefarious deeds at work to stop you getting the right price...
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