Energy Companies make money from your money
Multiply that by how many households? Nice little earner EDF!
But (I say) my account is already in credit and you have estimated I will only use £37 per month.
She explains that the prices are going up, I ask by how much, she says 10% - my head explodes. Now I am not good with maths (stop laughing Lauren) but even I can work out that 10% of 37 plus the original 37 is still only 40 quid (ok ok £40.70).
I told her that I would rather owe them money than be building up a credit balance with them, she (a bit huffily) had to warn me that I must be prepared to pay if the balance became more than £150.
Now if I pay £37 a month and my electricity costs £50 it will take a year for me to be £150 in debt, that is without taking into account the credit balance I had already built up with them. (Yes Mike I had to get the calculator out for that one.)
So if I could be bothered I could research just how much the energy companies make from their customers each year by scamming people on their Direct Debit payments, which incidentally is the 'more convenient' way to pay. Not half!
Perhaps I can spend my next 40 minutes of time 'on hold' doing just that sort of research.