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I'm assuming you're paying a fixed monthly amount for your gas. It simply means that you've paid in more money than the actual gas you've used. You will have been told how much per month you're expected to pay - this has been estimated by the gas company. If you're using less gas than they estimate, you'll build up an amount of credit over the year. The company will use this figure to vary next year's payments.
For example... say the company set your monthly payments to 30.00 Over a year, that's 360.00 - Now... if you only use 300.00 worth of fuel, that gives you a year-end credit of 60.00 - Next year, the gas company would use the credit to set your payments to 20.00 because (a) you've used 20% less gas than their estimate and (b) because you've accrued 60.00 credit.
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∙ 10y ago
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What does in credit mean on gas bill?
you dont have to pay
What does debit mean on a gas bill?
On a bill a debit is a charge, while a payment is a credit.
What are names of electricity?
Eon British gas
What element has the word eon in its name?
The gas neon
What does eon energy supply energy for?
Eon energy supplies gas and electricity as well as renewable energy for the home market in European Union. They are embracing the goal of providing a sustained as well as a secure supply of gas to Europe.
What kind of energy does Eon Energy provide?
Eon Energy provides several types of energy sources for their customers. They can choose between electricity only, gas only, dual fuel (gas and electricity), and solar panels.
Does debit on your british gas bill mean you owe them money?
Yes. Credit means that you have overpaid and they owe you money.
Name a monthly bill where the amount changes every month?
Light, phone, gas, credit card, and water
What is a bill of credit?
A bill of credit is a bill issued by a state, on the mere faith and credit of the state, and designed to circulate as money.
Can a gas company put a lien on home for unpaid bill?
I never heard of that, I know for sure that they can and will put it on your credit report.
What eon is after the Hadean Eon?
archean eon
What does in credit mean on a gas bill?
It is usually taken to mean that the amount you have payed the Gas company is more than the value of the gas you have used. This can happen in the summer months if you pay a fixed monthly amount.
