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Postby Chet » Sat May 23, 2020 12:37 pm

I have a set amount taken out of my bank every month to cover my Iberdrola Bills. However since the beginning of January they have taken a further 7.38 Euros out if my account.

Does anyone know what this is for?

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Joined: Thu Feb 16, 2017 8:26 pm
Which part of Spain are you from?: Ciudad Quesada
Gender: Male

Re: Iberdrola

Postby villabreaks » Sat May 23, 2020 5:12 pm

I think you'll find your regular payment has not been enough to cover your total useage,standing charges,insurance etc. and this is their way of collecting the underpayment over a period in order to avoid hitting you with a large amount when the annual reconciliation is carried out which I think is around October.
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Joined: Thu May 12, 2016 8:20 pm
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Re: Iberdrola

Postby Dora » Sun May 24, 2020 8:00 am

It goes from the month of your contract if you start it in say April they will contact you the following March to say you have eg= €75 euros in front therefore we will put that into your bank account.and they do. We will reduce your monthly money you have been paying down to ( if you had been paying €55 per month reduce it to say €48 per month) if of course you haven’t paid enough and you owe say €75 over the 12months you can pay it off or increase what you pay monthly. Make sure you cancel the insurance it can be as much as €10 ,they will offer to reduce it but just say no you don’t want it. You are covered with your house insurance for this.if in doubt ring them .
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Joined: Fri Nov 09, 2018 8:56 pm
Which part of Spain are you from?: La Marina
Gender: Female

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