OVO over-estimated my usage - Will I be refunded now I've submitted meter readings?
I received my first gas and electricity bill last week, which was based on estimates since I had only provided a reading when I moved in. However, after realising I needed to submit monthly readings, I submitted the readings straight away and realised I was overcharged. In that month, I spent less energy than what was actually estimated.
Will the amount I was charged for be adjust now that the real usage can be calculated? How will I be refunded for that?
Many thanks for your help!
Laura
Best answer by Tim_OVO
Updated on 16/06/23 by Abby_OVO
Sorry to hear we’ve been over-estimating your usage. It sounds like there may have been a long period since your last reading meaning our projected usage figures aren’t in-line with what you’ve actually used.
Now that you’ve supplied a correct reading we’ll adjust this projected usage figure and your Direct Debit calculations. Any estimated charges which were applied previously will be corrected so you may notice your credit balance increase too. The easiest way to keep an eye on these changes and submit more regular meter readings in future is via your online account or OVO app (download for Android or iOS).
You can also book a smart meter appointment here to avoid any estimated charges happening! If the over-estimated charges have left you with a large credit balance you’ll be able to request a refund of some this balance back to your bank account. Find out how in the great guide below:
OVO member but not got a smart meter yet? - Book today!
Interested but not yet an OVO member? - Check out our plans!
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