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Rank 1
November 22, 2020
Solved

I have lots of credit in my OVO online account - why are you suggesting a large increase in my monthly Direct Debit payment?

  • November 22, 2020
  • 75 replies
  • 3864 views

why do ovo even though ive never missed a payment and im £110 in credit continue to threaten to raise my payment by £ 80 a month ,we are in the middle of a pandemic people are dying or losing there jobs and we get these threats to nearly double monthly payments based on ovo and there crystal ball and what you may or may not use energy wise over the next 6 months

Best answer by Transparent

Updated on 08/09/25 by Abby_OVO

 

How do Direct Debits work?

 

A Direct Debit is an automatic monthly payment set up with your bank or building society. You can choose which day you want the payment to go out each month, and your bank will sort the rest.

 

Once your Direct Debit is set up, you don’t need to do anything else to make your payments.

 

Why is paying by Direct Debit the best way to pay?

 

Direct Debit is usually the simplest and cheapest way to pay for your energy. This is because:

  • You don’t have to remember to make payments each month – it’s all done automatically 

  • You’ll get a cheaper rate if you’re on our variable Simpler Energy tariff

  • You’ll pay the same every month for your energy, which can help with budgeting

  • A Direct Debit spreads your energy costs evenly over the year, which means you’re less likely to have to pay more in winter

 

How does OVO work out my monthly Direct Debit?

 

The aim is to make sure you have credit for 1 month’s payment in your OVO account by the end of March. This is to help cover any change in your home energy use over the course of the year. 

 

For new customers, this only comes into effect once you’ve reached March. When you first join, the aim is to make sure you have no balance left to pay after 1 year.

 

Your Direct Debit payment amount will be regularly reviewed to make sure it still covers your home’s energy use.

 

Why is my Direct Debit increasing when my balance is in credit?

 

It’s normal for a credit balance to build up in your energy account over summer, when energy use is usually lower. This credit can help pay for your energy in winter, when most homes use more. It helps you spread your energy costs over time. 

 

Even if your energy account is in credit, sometimes your Direct Debit payments still need to increase.

 

This could be the case if we’ve worked out that your OVO account is likely to have a debt balance long term – based on how much energy your home is predicted to use. 

 

You can always choose to get a credit refund if you prefer. Request one at any time in your online account, in our app, or over the phone. You just need to leave credit in there for 1 month’s payment. This is in line with our refund policy.

 

It’s important you have all the info, then you can decide what’s best for you.

  • If you request a refund online, sometimes we’ll need to confirm this over the phone. This is to make sure you have the details of how it’ll affect your energy account.

  • Getting a refund might mean your Direct Debit payments will need to increase, once your account has less credit in it.

 

 

For more on how Direct Debits work, check out our handy YouTube video: How do direct debits work?

 

Need more help?

 

If you’re worried about your payments changing or you can’t afford them, please speak to our team. We can make sure you get financial support that’s tailored to you and your situation. There are many options available for anyone who needs help. To get in touch with our team: 

  • Sign up to our online tool at ovoenergy.com/payment-support and we can find the best plan for you.

  • Call us on 0800 408 6615. We’re here Monday to Friday, 9am and 5pm, and 9am to 2pm on Saturday. 

  • Talk to us online at ovoenergy.com/help Monday to Friday, 8am to 6pm, and 9am to 2pm on Saturday. 

 

​​​​​​We’ve got some other topics on the Forum which may also be helpful if you’ve still got questions about how Direct Debits work:

 

 

 

75 replies

Newcomer
September 4, 2022

Prices are due to rise by an average of 80% in October, on top of substantial increases over the past 12 months.  If you use more than the average, particularly of Gas, the increase to you could well be above the “average” increase figure.  What OVO are saying is that based on your current consumption levels and prices operating from October 2022 your DD needs to be £527 per month.

The OFGEM average annual figure at October 2022 prices is £3549.  That covers 3,100 kWh of electricity and 12,000 kWh of gas.  You must i think use much more than the average.  Plus there will be another substantial increase in prices from January.

If you wish to challenge their DD computation you need facts and figures not emotion.  They are obliged to set your DD in a fair manner, but you have to accept that you do have to pay for what you use.  Obviously if you use less fuel your bills will go down.  Actions to save fuel that could be safely ignored 18 months ago, because fuel was then cheap, should now be pursued vigorously.  Winter, the peak consumption period, is not yet upon us - you have a bit of time to put an energy saving regime into action.

The new PM will announce further measures to assist households soon.  Whether these will assist you as compared to everyone else is currently debateable.

Sorry if its not the reaction you were expecting but forewarned is forearmed. *edited by mod*

Eon and EDF customer. Don't think smart meters are worth the expense.
Newcomer
September 4, 2022

Post submitted but awaiting moderation - because of one word where i should have used some *&^

Eon and EDF customer. Don't think smart meters are worth the expense.
Blastoise186
Super User
Super User
September 4, 2022

Hehehe, yeah it’s pretty strict here! I always forget about the pre-moderation when I’m exempt from it basically everywhere!

Securing energy by zapping security bugs... For that is The Blastoise Way! Remember, I'm just like you - AI Powered Evil Geniuses aren't Staff!
Newcomer
September 4, 2022

https://forum.ovoenergy.com/members/sugarboat-38976

Its not the suppliers fault.  Do you expect them to rack up losses while you escape pain.  Get real!

Eon and EDF customer. Don't think smart meters are worth the expense.
Rank 2
September 4, 2022

OVO Help Chat advised me that I can cancel my monthly d/d.  I am on SVR.

 

They said that I would indeed have more control over my monthly finances, & advised Pay on Receipt of bill or S/O.

 

So.  I’m cancelling my d/d.  I’ll monitor my account & pay online.  I’ll even top up occasionally - as I have previously.  But I will decide the monthly amount.

Blastoise186
Super User
Super User
September 4, 2022

OVO Help Chat advised me that I can cancel my monthly d/d.  I am on SVR.

 

They said that I would indeed have more control over my monthly finances, & advised Pay on Receipt of bill or S/O.

 

So.  I’m cancelling my d/d.  I’ll monitor my account & pay online.  I’ll even top up occasionally - as I have previously.  But I will decide the monthly amount.

Just want to set some expectations here. If you cancel the Direct Debit, you’ll be required to pay the entire bill every month in full. There’ll be no leeway to decide how much you pay or when once the bill is generated. If your account credit is high enough to cover the entire bill, it’ll get automatically cleared off, but otherwise you’ll need to pay the entire balance by the due date.

To be clear, you won’t get to decide the monthly amount either - the monthly payment will be the entire bill.

Securing energy by zapping security bugs... For that is The Blastoise Way! Remember, I'm just like you - AI Powered Evil Geniuses aren't Staff!
Rank 2
September 4, 2022

Thank you for the reply.

My current monthly d/d is less than what I use per month.  I am in credit too.  Not much.

I’ve drastically reduced my new boiler to just 30” a day & when winter hits us here in NE Scotland will only run minimum heating to prevent ice damage.  I have a bio fuel fire now, new windows & radiator reflectors.

I genuinely cannot see how the proposed monthly increases are justified other than in OVO trying to manage customers budgeting for them.

Blastoise186
Super User
Super User
September 4, 2022

I see. If you’ve only recently made those changes, it will take some time for OVO’s systems to catch up. The reduced usage will be identified and factored into the calculations, but it takes at least one season to get enough data to run the number crunching with - and that assumes regular meter readings are being submitted.

The upcoming price cap in October will only last three months and is roughly 80% higher than the one that’s active right now. The next one in January 2023 is said to be even higher than that. In addition, paying by any method other than Direct Debit is said to cost around £200 a year more, so you may find that you’re worse off by coming off of DD.

I think OVO is trying to help you build up some extra credit now to help you ride the storm, but ultimately it’s your choice. Just be very careful this winter.

Securing energy by zapping security bugs... For that is The Blastoise Way! Remember, I'm just like you - AI Powered Evil Geniuses aren't Staff!
Newcomer
September 6, 2022

I received an email to increase my DD though I am currently in credit of almost £500.  Can't get a response from chat bot.. 40 minute wait and phone answered... No I don't want to increase my DD thank you, I will keep it as £200 per month and pay anything over at the time. Oh I can add a discount of 15% on CD to decrease your monthly payments.. No I think you misheard what I want to do.. Oh I can't do that why.. I'm your customer still willing to pay my bulk but I will pay as required.. No that's a different number and it's a 40 minute wait... Your conversation is not helpful at all.. Can I speak to a manage.. No I cant do that.. So if you want to keep DD  if they allow me too when I call..*edited by mod* call this number 0800 069 9831.. Why didn't you add this number to the email ?? Oh I'll raise it .. I don't know if I will be allowed to keep my DD as £200 get however he said if I cancel my DD I will not be entitled to my discount...  *edited by mod*

Newcomer
September 6, 2022

Does anyone know how to stop ovo upping my direct debit automatically? I am well in credit in my account and I'm not using the amount estimated from the last price increase