Energy hack Martin Lewis helped a couple regain £600

A couple have revealed how a tip from Martin Lewis led to them receiving a £600 payment from their energy supplier. And the hack, from the recent MoneySavingExpert.com newsletter, could help millions more.

The team at Martin Lewis’ website highlighted the success story of Amelia, who took the MSE founder’s advice on claiming her energy credit. If you pay your energy bills by direct debit, your supplier will take your annual costs, based on your average usage, and divide it by 12 to calculate your monthly payments.

According to a post on the MSE website, this method smooths out your bills so you don’t face skyrocketing bills in the winter, when energy usage is likely to be higher. In essence, you accumulate energy credit in the summer and use it in the winter.

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However, if your usage is lower than anticipated, then you can build up a significant amount of energy credit on your account, which you can reclaim if it’s too high.

However, that depends on what time of year it is. Martin Lewis, who recently shared advice for people going on holiday abroad, previously said that more than a month’s worth of credit on your energy bill in May – so two months – is too much and should be ask the supplier for some of it back, reports the Mirror.

For example, if your direct debit is £150 a month and you have a credit of £300 on your energy bill, then you should claim back £150. If you have less then you should keep the credit on your energy bill.

If you have less, then Martin previously suggested you may also want to increase your monthly payments to cover it.

Have you managed to recover a significant amount of energy credit from your supplier?

Drop us a line at the mirror. money.

[email protected] and tell us about it.

Amelia contacted the MSE team, praising Martin for his “detailed” guidance on the right times to claim the energy credit. She found the advice incredibly helpful, knowing exactly when to approach her supplier and how to push for a refund if they hesitated.

In her note, Amelia expressed her gratitude: “Thank you for the detailed explanations about gas and electricity and what time of year it makes sense to be in credit and debit. My partner and I were able to secure a £600 refund. The Supplier initially suggested we leave the money in our account, but after we explained why it wasn’t a good idea, they agreed to process the refund. I received the funds in just a few days. but your advice is on another level.”

Quotations extracted from the transmitted text:.

1. “Thank you for the detailed explanations about gas and electricity and what time of year it makes sense to be in credit and debit. My partner and I were able to secure a refund of £600. Of course, our provider at first suggested leaving the money in our account and only after I explained why it didn’t make sense did they say “OK”. I had the money in my account within a few days. I always thought being smart about money was the next level.”

Quotations extracted from the rewritten text:.

1. “Thank you for the detailed explanations about gas and electricity and what time of year it makes sense to be in credit and debit. My partner and I were able to secure a refund of £600. Initially, our supplier suggested leaving the money in our account, but after I explained why it wasn’t a good idea, they agreed to process the refund. I received the funds in just a few days. I’ve always considered myself pretty smart financially, but your advice is on another level.”

Extracted citations do not match between submitted and rewritten text. The rewritten text will be adjusted for perfect citation fidelity.

Adjusted rewritten text:.

Have you managed to recover a significant amount of energy credit from your supplier?

Drop us a line at the mirror. money.

[email protected] and tell us about it.

Amelia contacted the MSE team, praising Martin for his “detailed” guidance on the right times to claim the energy credit. She found the advice incredibly helpful, knowing exactly when to approach her supplier and how to push for a refund if they hesitated.

In her note, Amelia expressed her gratitude: “Thank you for the detailed explanations about gas and electricity and what time of year it makes sense to be in credit and debit. My partner and I were able to secure a £600 refund. Of course our Provider suggested we leave the money in our account at first and only after I explained why it didn’t make sense did they say OK in a few days money wise but your advice is next level.”