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Rank 2
September 6, 2022
Solved

Why is my online account credit balance dropping every day?

  • September 6, 2022
  • 32 replies
  • 3486 views

I was an SSE customer but with the take over my account has been migrated over to OVO.

The first month i did’nt really check what was happening with my  OVO balance as im on a smart  meter.  at the start of august i checked my balance against my bill ,my ending balance was  £126 .a few weeks later i was checking my usage and saw that my balance had gone down to £116 check if i had been billed again ? no ! checked if there was any information as to why it had gone down , again no! so i called OVO and asked why my balance had gone down before my billing date and what the charge was for i was giving a number for SSE i was been charge by them and they where debiting my OVO balance , so i called and was told that had no idea about it and that my SSE account was closed and migrated over to OVO  i so  i asked for them to send me  an email stating so with closing balance ,they did so . called OVO back and asked again why my balance had gone down  before my billing date  this time i was told they had no idea why my balance had gone down and was told that it would be passed to complaints department. ok!  i checked my balance 2 days ago it had drop again to £108  and today again to £107 so far it has drop by £19 pound,So  to day i call to find out what was happening with my compalint only to be told that complaints had no record of my issue again iwas told that i would be passed to complaints and that i would be contacted in 5 working day at this point i got in contact with citizens advice and was told to send an email of complaint so i have a copy and  that way there was proof that i had been in contact      .been the person  that i am( terrible memory )i always record my phone calls  when it comes to  bills ,debts and anything to do with money and keep all documents. so just to let you if your losing money from your balance without reason or been informed as to why you not the only one  and im sure there are alot you out there  paying more than you should be keep and collect all evidence  

Best answer by juliamc

Updated on 08/01/25 by Abby_OVO

The ‘balance’ being the running total, which is reconciled when the bill is issued and your payment goes in: 

 

 

 

 

Looks to me like you’ve paid £70 in three separate amounts, you’ve used a total of £59.88 in fuel and standing charges, resulting in your credit increasing by £10.12 i.e. rising from £126.89 to £137.01. 

 

See our handy FAQ all about our live billing system for more:

 

32 replies

juliamc
Rank 20
Rank 20
September 6, 2022

I’m going to have a look at my balance and see if I can work out what’s going on there…

@mr T smith does your account say ‘My energy account’ and have the figure underneath? or ‘Today’s balance’ with the figure underneath? 

I have two account (parents house and mine) each on a different system.

juliamc
Rank 20
Rank 20
September 6, 2022

@mr T smith I edited the above comment which you may have missed...

Rank 2
September 6, 2022

todays balance

Rank 2
September 6, 2022

and i get hourly smart meter readings on my usage

Rank 2
September 6, 2022

remember they have given no reason or information for the amount taken, all charges should have a heading or some sort of information for a charge . ill check the of gem site .but i belive what happening is is breaking some sort of rule

juliamc
Rank 20
Rank 20
September 6, 2022

I know what you mean but I don’t think the money has actually left your account yet, not until the bill is issued. I think ‘today’s balance’ is just a total of something, albeit a mysterious one !! 

Rank 2
September 6, 2022

no my balance is money ive paid in trying to stay a head of my bills 

Rank 2
September 6, 2022

and yes i has gone 

Rank 2
September 7, 2022
can anyone tell me whats wrong with this picture

 

juliamc
Rank 20
juliamcSolved
Rank 20
September 7, 2022

Updated on 08/01/25 by Abby_OVO

The ‘balance’ being the running total, which is reconciled when the bill is issued and your payment goes in: 

 

 

 

 

Looks to me like you’ve paid £70 in three separate amounts, you’ve used a total of £59.88 in fuel and standing charges, resulting in your credit increasing by £10.12 i.e. rising from £126.89 to £137.01. 

 

See our handy FAQ all about our live billing system for more: