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is there anything to stop me over declaring my gas and electric usage significantly to my energy provider before April
Only the fact that it's fraud, and easily detected. You could probably get away with about 10% over on electricity and 20% over on gas as the low "consumption" in the next quarter would be partially accounted for by seasonal variability, thus not triggering the fraud detection algorithm
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Just buy a lorry load of batteries and a great big balloon. No fraud then.
gbj_tester
chez_jay
@cnnchi
Question about energy tariffs and pricing, (sorry if this thread isn’t designed for this), just spitballing an idea.
Setting ethics aside, is there anything to stop me over declaring my gas and electric usage significantly to my energy provider before April, overpaying my bills based on these inflated usage numbers, and effectively building a gas/electric credit on my account, which I would have bought at a lower rate?
Then a few months later in the year when I submit actual readings, my bill (at the post-April uncapped rate) will be mostly paid off already.
Would this work to let me pay most of my year’s energy usage at the capped rates, or is this likely to backfire on me?
Sorry for the odd question! Thanks