Donate SIGN UP

Ovo Fuel Bill Help, Please

Avatar Image
barry1010 | 09:47 Mon 27th Mar 2023 | Home & Garden
3 Answers
This is not my bill but we are confused about it. I have been on hold with Ovo and given up for now so hope someone here can help.
It seems that the £66 government help is taken off the bill and so the amount paid is £66 less than it should have been.
All straightforward so far except Ovo pays that £66 in to the bank account (I know it is £67 some months and is ending soon) so it seems to us that we are receiving the money twice - once off the bill and again in to the bank account.

I did ask here for my own Ovo bill a while back but to be honest I couldn't grasp it then.
https://ibb.co/RvZwyqT
Gravatar

Answers

1 to 3 of 3rss feed

Avatar Image
The explanation is still the same as when you raised the question previously: https://www.theanswerbank.co.uk/How-it-Works/Question1828933.html#answer-13512039 https://www.theanswerbank.co.uk/Business-and-Finance/Question1818906.html#answer-13427262 The total cost of your energy use, plus 'Interest Reward' and VAT, is reduced...
10:08 Mon 27th Mar 2023
The explanation is still the same as when you raised the question previously:
https://www.theanswerbank.co.uk/How-it-Works/Question1828933.html#answer-13512039
https://www.theanswerbank.co.uk/Business-and-Finance/Question1818906.html#answer-13427262
The total cost of your energy use, plus 'Interest Reward' and VAT, is reduced by the EBSS amount, to give the 'Total charges' but the EBSS amount is then taken off your balance as a 'Refund' as shown under 'Your balance'. There is therefore no net effect on how much you have paid for the energy used.
trust me barry, you won't be getting it twice.
Question Author
The penny (and pounds!) has finally dropped. I get it now, thanks Etch

1 to 3 of 3rss feed

Do you know the answer?

Ovo Fuel Bill Help, Please

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.