Endesa rate change

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25 Oct 2010 12:00 AM by TandA Star rating. 39 posts Send private message

TandA´s avatar

 

Has anyone else noticed the latest Endesa …ripoff…. Sorry …anomaly?
The September bills were issued on estimated readings and at the prevailing rate of 0.117750 €/kWh
 
The October bills are issued on real readings at the new rate of 0.119412 €/kWh (Rate increase effective 29th September)
 
Now here’s the clever bit – the estimated September bill is credited back (at the old rate), the whole consumption of September and October is then billed at the new rate which was not in effect during September. OK it’s a tiny amount per consumer but when you have that many consumers it must be a tidy sum. It’s a 1% gain on the September consumption for no outlay. Remember the bank scam of rounding up the half cents on the interest and slipping it away into their own coffers?
I’m sure there’s an IVA implication here as well.
 
This won’t apply to everyone because reading dates and billing dates vary.




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25 Oct 2010 12:55 PM by joanmalaga Star rating in Costa del Sol. 419 posts Send private message

I have noticed and its a real pain, the price seems to go up and up and up, having energy saving bulbs and all other types of saving stuff seems to make no difference after 6 months as the price keeps going up!

I for one think twice now before switching anything on, to the extent that i now even use candles at night as just can not afford to keep paying huge bills, specially when their estimates are always incorrect which makes life difficult!

Joan





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