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Manchester Evening News
Manchester Evening News
Business
Harriet Morphy-Morris

EDF says my account is over £100 in credit but should I claim back the cash?

No one thought the price of energy would ever get this high, from October the average household will soon be expected to pay over £3,000 a year on the gas and electricity bills. But if you pay by direct debit, you could be due some much needed money back from your supplier.

Many households, including myself, are facing pressures of the 'never-ending' price hikes. I was sick to my stomach when I realised our energy bill at home was creeping up to nearly half the amount of our monthly rent. From autumn the energy price cap is expected to rise by 78%, which will cost the average household nearly £300 per month.

Those who pay by monthly direct debit will receive a statement every three to six months, showing their latest payments and the amount of credit or debit that their account is in. As someone who has only lived away from home for the past two years I was unaware that by paying by direct debit often meant we were sometimes paying for more than what we were using.

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