Body & Soul2 mins ago
Electricity Bill
1 Answers
So there was a price change on 01/12/13 - so they estimated meter reading from the previous reading up to 30/11/13 .
Buy why do these companies always do a low estimated reading , before the hike in prices , so you end up with a bigger usage figure to which the new price will be applied ?
Buy why do these companies always do a low estimated reading , before the hike in prices , so you end up with a bigger usage figure to which the new price will be applied ?
Answers
Best Answer
No best answer has yet been selected by Bazile. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I have monitored my usage very carefully over recent years and submit readings every 4-6 weeks so i don't have to rely on estimated bills, but whenever I missed a reading and received an estimated bill I found it spookily accurate. I understand they have sophisticated models which give a very good estimate based on known usage patterns at different times of the year and reflecting actual weather conditions, so I doubt they do manipulate estimates in this way- but of course they will be over or under for some individuals but right on average.
When there is a rate change it's best to submit a reading as close as possible to the date of the change, and I've found that if I read the meter when it's dark it's quite possible to transpose two digits and thereby overstate the reading at the date of the change
When there is a rate change it's best to submit a reading as close as possible to the date of the change, and I've found that if I read the meter when it's dark it's quite possible to transpose two digits and thereby overstate the reading at the date of the change