Octopus put up my £90 DD up to £130 and then back down to £100 after the
Government money was announced. They predict any credit will be gone by
May 2023. This prediction includes the £300 I'm already in credit. They
predict that next April the DD should be £170/month (to build a credit
of approx £300 by this time next year)
Quote
Balance Forecast is our best guess on the journey your account balance
will take over the next 12 months. It takes into account your current
prices and monthly payments, as well as the Government's Energy Price
Guarantee and monthly payments of the Energy Bills Support Scheme.
A few things you might like to know: it runs from the last bill we
issued, because this is when your account was most up-to-date. Your
energy use is estimated by taking into account historical readings
(including previous tenants), 5 years of weather patterns in your local
area, and local weather forecasts for the next 25 days. Prices without
Government support are based on Ofgem's most recent price cap, and
Cornwall Insight's most recent forecasts for future price caps.
You can quickly adjust your monthly payments online, or if you've not
submitted a meter reading recently, submit one now to make your forecast
more accurate.
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