HOUSEHOLDS may unwittingly have built up hundreds of pounds on their energy account, so Martin Lewis is telling people how to get their cash back. Mr Lewis explained: “Over 70 per cent of us …
The money saving expert says paying energy bills by direct debit can give firms the chance to build up a reservoir of customers' moneyHOUSEHOLDS may unwittingly have built up hundreds of pounds on their energy account, so Martin Lewis is telling people how to get their cash back.
The first, is that unless you have a smart meter and regularly submit meter readings, your bills are estimated.I saved £372 with SwitchcraftPeter, who lives in Stockton-on-Tees, said: “There’s no need to do anything really, I found Switchcraft dead easy, really straight forward, and it was an extremely quick way to switch supplier.
That's because their account immediately goes into debt at the start of the year when the weather is cold and they're using more energy.And of course, you then might need this in-credit cash come autumn again to pay for your higher winter bills.If you switched to a new energy supplier in January, it's likely you won't be in credit until September
Of course, at the other end of the scale and your account is in debt, Mr Lewis suggests asking your supplier to up your direct debit.
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