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Meter Readings

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  • Meter Readings


    I'm a recent home owner and would like some advice on the following:

    I have received my gas and electric bill they have priced them up on an estimate. The estimate is actually below what the meter reading actually is. So - should i ring up and tell them or keep schtum?

    If i kept quiet then would it not eventually just catch up when they come round to read? I use Southern Electric. I assume they will come round to read one day!?


  • #2
    Are you paying your bills in monthly installments or as they arrive in full?
    If you're paying monthly you can catch up by increasing your payments slightly.

    I suppose it all depends on how much they have under-estimated and whether you want to get hit with a large bill when they do come to read!?
    commission free property sales and lettings


    • #3
      good points, cheers


      • #4
        All you're doing is saving up a bigger debt later on to pay off - one way or another, you will be expected to pay what you use.

        Personally I'd advise just pay it now - otherwise there's a good chance you'll find yourself hit with a nasty large bill when you least want it.

        Been there, done that...


        • #5
          Re: Meter Readings

          I always get an estimate from my electric company and always send in the proper reading, that way I am paying the correct amount and not building up debt for later. It is up to you, but I think it is always best to pay the right amount, it might seem easier to let it go just now, but what will you think when you get a big bill in?


          • #6
            Re: Meter Readings

            Depends if prices are rising or falling, for instance if you have paid for a 1000unit of power above what you have used and then the price goes up you have got yourself a discount. and vice-versa.


            • #7
              Re: Meter Readings

              always keep quiet is my advice you do not want it to backfire, which in my case is usually the way.