Thinking of switching from my variable tariff to the new 12mth fixed term tariff but have a question about how it would work if my usage is either less or more than the projected usage used to calculate the initial fixed term tariff monthly direct debits. Will my DD be reviewed and changed at 6mths as my variable tariff is. Will I end up with credit less at the end or more worryingly debt at the end of the term? Or is it all water under the bridge either way and I will either be lucky or unlucky! I am only 6 months into having a new boiler fitted so my usage is slightly unknown to me and I am well aware that a really cold winter can really push up your gas heating bill. I cannot find anywhere that clearly explains how this will all work and would just like some clarification. Many thanks.
Best answer by stephenrand
I'm just another customer, so I can't give a definitive answer, but when I switched my assumption was that it would work exactly the same. I'm sure your direct debit will be reviewed, and when your year comes to an end and you have to choose a new tariff, your balance will just carry over.
I'm just wondering if behind your question there is a thought that might be answered by this fact: you will only pay for the energy you use at the price stated in the tariff. Your direct debit may have to be varied to achieve that over the course of the year, but the price doesn't change.
Does that help?