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This panicked me a bit yesterday but when I checked my bulb account they actually doubled my direct debit 9 months ago. Our average billl is <£100 and they've been taking 160 for the last 9 months. Wondered why we had a surplus.
Still not particularly worried about Bulb. I suspect other energy providers will be following suit.
Stonehedge-
They did the same with us. Pretty sure they’ve tried to build up a bit of a cash pot so you don’t go into debit during the winter, and it probably stops them getting into bulk financial difficulties. It’s a bit annoying though, because they’re sitting on +£230 of our money at any one time.
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what any of this fails to mention is unit price and the fluctuations in that in recent times for anyone on a flexi plan
Jonny69
amey
https://www.theguardian.com/money/2021/oct/02/energy-firm-bulb-under-fire-for-monthly-bill-rises-of-up-to-80