Thursday, October 04, 2007

Electricity fun.

or when it rains it pours.

Those of you with long memories may recall some of the fun that we as landlords experience with the energy companies that I've written about. As a coincidence I've just had two today.

The first one was a back-dated bill for a property during the time it was vacant, note that word vacant as in no-one using electricity except perhaps turning the odd light on and off and the alarms - £5k! To total that they'd have to been using three times as much electricity as our non-vacant unit. Of course it was an estimate, so now we're digging about for meter reads (which makes one wonder what they were doing for all that period of time)

The next joy also involves estimates, another unit's bill came in for September they'd read the meter on the 25th so the bill started with an estimate for the 1st up to the reading on the 25th - a total of around 450 units. So far so right, but the bill has to be for a whole month so now they need to estimate the amount we'd have used between the 25th and the 30th and the total they guessed was... around 450 units.

It's a licence to print money isn't it running one of these companies?