Energy bills: How spanked will YOU get?

Spanked or smug?

Spanked - my energy company will perish
9
38%
Smug - strong company, great nation
9
38%
Neither - Mummy pays for my electric
6
25%
 
Total votes: 24
Martin Phillp
Posts: 1460
Joined: Wed 11 May, 2011 01.28

Bulb is in special administration. The business will still trade for now and anyone switching to them will have that completed.

https://bulb.co.uk/blog/bulb-special-administration
TVF's London Lite.
Martin Phillp
Posts: 1460
Joined: Wed 11 May, 2011 01.28

Bulb is set to be acquired by Octopus Energy according to Sky News.
TVF's London Lite.
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Sput
Posts: 7543
Joined: Wed 20 Aug, 2003 19.57

Martin Phillp wrote: Sat 30 Jul, 2022 14.21 Bulb is set to be acquired by Octopus Energy according to Sky News.
That’s doubly good because you can use a Bulb to make a really good model of an octopus.
Knight knight
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WillPS
Posts: 2446
Joined: Tue 22 Apr, 2008 18.32
Location: Carlton
Contact:

Good riddance to Bulb. Awful provider.

No complaints about Octopus.
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thegeek
Posts: 853
Joined: Sat 04 Jun, 2005 12.35

By the way, Octopus usually offer free cuddly octopuses to their customers, but they're currently out of stock - stick a note in your diary to head back to https://octopus.energy/blog/octopus-toys/ on October 8th to register.
scottishtv
Posts: 743
Joined: Thu 01 Apr, 2004 15.36
Location: Edinburgh

scottishtv wrote: Tue 21 Sep, 2021 10.15I'm with EDF on a fixed deal until end of June next year. It wasn't the cheapest around when I signed up, but is starting to look like pretty good value. So, I'm smug.
Can confirm my first spanking took place on 1st July when my direct debit doubled - now on the Standard Variable Rate and subject to the Ofgem price cap.
noelfirl
Posts: 311
Joined: Fri 15 Aug, 2003 18.45
Location: London

Sput wrote: Sat 30 Jul, 2022 14.53
Martin Phillp wrote: Sat 30 Jul, 2022 14.21 Bulb is set to be acquired by Octopus Energy according to Sky News.
That’s doubly good because you can use a Bulb to make a really good model of an octopus.
Image
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scottishtv
Posts: 743
Joined: Thu 01 Apr, 2004 15.36
Location: Edinburgh

For monthly direct debit customers, I assumed the Energy Bills Support Scheme would reduce monthly direct debits between October and March by £66.67 in order to deliver the £400 we've all been promised.

Got an email from my supplier EDF today that says they will be maintaining normal direct debits and then making separate payments to your bank account with the discount.

I guess this is so you don't get used to low direct debits and then blame the supplier when they shoot up again in April. Are other suppliers doing it this way too?

The cynic in me also suspects they'll make more interest on people's money this way. I've got quite a decent credit built up and they still email asking me to voluntarily increase my DD even further.
thegeek
Posts: 853
Joined: Sat 04 Jun, 2005 12.35

It depends on your supplier and how you pay - some are giving you the cash, some are reducing your direct debit for some months:

https://www.moneysavingexpert.com/news/ ... upport-pa/

Personally I'd prefer to have it credited to my account and set my direct debit to the same level for the next year; rather than it going down a few months over the winter then back up again in the spring.
Martin Phillp
Posts: 1460
Joined: Wed 11 May, 2011 01.28

EDF Prepayment which I'm on are sending vouchers in the post to be redeemed at Payzone/PayPoint outlets including the PO as I don't have a smart meter.
TVF's London Lite.
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Pete
Posts: 7584
Joined: Fri 15 Aug, 2003 13.36
Location: Dundee

Martin Phillp wrote: Wed 28 Sep, 2022 19.08 EDF Prepayment which I'm on are sending vouchers in the post to be redeemed at Payzone/PayPoint outlets including the PO as I don't have a smart meter.
I was horrified to learn that those insert coin meters are still in some houses. How will those be dealt with?
"He has to be larger than bacon"
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