The August 2022 issue of HMRC's Employer Bulletin announced that a variable payment plan for PAYE and NIC liabilities would be introduced from 19 September 2022. This is because it tries to keep things . Were doing what we can to help everyone, and were offering the cheapest variable tariff from any major supplier, 50 below the price cap. Set fair direct debits. Direct Debit is the simplest, safest and most convenient way to make regular or recurring payments; that's why it's used for things like council tax and utility bills. Thereve been a few headlines recently about energy Direct Debit payments so we wanted to share some detail about payments at Octopus. Our forecast is always improving, and gets more and more accurate the more regularly we get your meter readings. Top 3 cheapest variable-rate energy tariffs in the UK. The top items are higher priority than the bottom ones: For example, aLogLevelvariable with a value scoped to to a machine role is considered by Octopus to be more specific than a value scoped to anenvironment. The average consumer has six set up. Its generally because youre paying the same amount year-round, but using less energy in Summer and more in Winter. The costs for this are based on the price cap set by Ofgem. By switching to Standard (Variable) tariff you are agreeing to our Standard (Variable) full tariff rules. Payments can automatically be taken whenever they're due. Thats because weve have always been below the price cap were now just a little closer to the cap than before meaning our % increase was larger than other suppliers (but we still cost less). The target channel (if channels are enabled). Variable Priced Equity Linked Instruments shall include: (A) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock either (1) at any conversion, exercise or exchange rate or other price that is based upon and/or varies with the trading prices of or quotations for Common Stock at any time after the initial issuance of such debt or equity security, or (2) with a fixed conversion, exercise or exchange price that is subject to being reset at some future date at any time after the initial issuance of such debt or equity security due to a change in the market price of the Companys Common Stock since date of initial issuance, and (B) any amortizing convertible security which amortizes prior to its maturity date, where the Company is required or has the option to (or any investor in such transaction has the option to require the Company to) make such amortization payments in shares of Common Stock which are valued at a price that is based upon and/or varies with the trading prices of or quotations for Common Stock at any time after the initial issuance of such debt or equity security (whether or not such payments in stock are subject to certain equity conditions). We also add on your daily standing charge. Typically, people use 50% more energy in Winter than in the Summer but prefer a fixed monthly amount to smooth this, and reduce surprises. The project uses the variable to vary the message it displays based on the environment the script is deployed to. How can we improve it? A particular package can be selected by indexing on the package ID: The variables available for packages are: On each package, the commits associated with that package are available as a collection which can be iterated over. Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on July 1, 2020 and ending on and including June 30, 2025 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including June 30 in the fifth year thereafter. Of course, estimates will be wrong - we all use more or less than usual from time to time due to weather, lifestyle, home appliances, etc - but we always aim for a neutral estimate. Note that when evaluating values, all Octopus variables are strings even if they look like numbers or other data types. Youll then be back on track. When you join us, we take the unit rate of the energy tariff you have with us, and multiply it by how much energy we expect you to use over a year. We can have a look into this for you and if you'd like to cancel your Direct Debit we can do that at the same time, some tariffs have a requirement of a Direct Debit so you might . The target tenant-tag (if tenant-features are enabled). Such Supplemental Indenture shall also specify either (a) the particular period or periods of time for which each value of such variable interest rate shall remain in effect, or (b) the time or times upon which any change in such variable interest rate shall become effective. Initial Fixed Rate Period means the period commencing on the Closing Date and ending on and including March 31, 2015. Card Account means the account maintained with the Bank in respect of the Card; Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If it looks like your balance will be lower than that in April, well create a 12 month plan to get your account back on track. You control a Direct Debit. Increased control over your bills Disadvantages of monthly variable direct debit However, this payment method won't be for anyone and it does have its disadvantages: Scopes of the same type can generally be thought of as a grouping of logical OR expressions while scopes of different types evaluate as AND expressions between the groups of scopes. Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1. Always remember anyone can post on the MSE forums, so it can be very different from our opinion. May 9, 2022 12:46 pm. Action-level variables are available during execution of an action. Direct Debit payment amount Submit this form to request a change to your monthly Direct Debit payment amount. . Payment methodsChapter 18 provides information on the available methods to make payment to Revenue-including the option of Variable Direct Debit. Consider: If the answer to either of those questions is yes, it might be worth considering an external store for your variables; a source control repository, a configuration management system, or a database. Instead, you should take care when scoping variables so that they are unlikely to conflict. We're doing what we can to help everyone, and we're offering the cheapest variable tariff from any major supplier, 50 below the price cap. Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period. Thanks so much for taking the time to give us feedback! If a customer is paying by variable direct debit, then the discount will be applied as credit onto their account. Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first. Your account balance is healthy (this could be credit or debit depending on the time of year, but we aim for a weeks credit at the start of April (so nearly a months debit by the end). We run thorough, automated health checks for every account, covering many details. With Direct Debit, your customer authorises you to collect money directly from their bank account whenever a payment is due. Examples of how this can work are: If you have many configuration settings for your application and are using a variable for each value, it's possible that Octopus may not be the best place for those values. That Edit payment amount link on your account should look something like the following and the Octopus recommended amount is shown at the bottom. We do it this way so customers can pay the same amount year-round. The variables are available per package. We normally make sure its at least three months since the last change to ensure youre in control. The Strategic Direct Debit Service passed an accessibility audit completed by Digital Inclusion and. Overwhelmingly, The reason we change Direct Debits is to make sure you can, Customers in credit on our Flexible tariff have had their Direct Debit increased by, Keep customers clearly informed to make sure, Ensure customers are always in control: its your money, 12x your monthly payment equals your annual energy costs. Dictionary of objects with ID and Name properties, keyed on ID. Registered number: 09263424. We wont suggest changes more than once every three months, or if youve already made changes to your own payment plan in the last three months. You may see that your account has a positive balance in the Summer and a negative balance in the Winter. Details. I have had period of financial difficulties and been in debt of 500 upwards. Scoping to both a channel as well as a runbook process, Scoping a deployment process action as well as a runbook process, A project-level variable that holds the value for a SQL Server user's password could be. We think of healthy as a weeks credit at the start of April (so nearly a months debit by the end). Pure Planet - customers' direct debits increase between October and March. At the end of last Summer, we owed the average customer around 36. We then email you to tell you any proposed changes and give clear options - and give you plenty of time to tell us if youd rather not make the changes. The amount you have to pay will be much higher as it covers a longer period, which means that your winter bill could be a shock! Variable Direct Debit means paying by direct debit under a variable tariff - ie you pay for the actual amount of energy you use over each billing period. For full information on what happened when the deployment fails, you will need to reference the logs. http://c9f52da2b00a4313b3b64bb2ad0f409f.cloudapp.net/, Database01, Database01.local, 192.168.200.100. Tracking deployment status During deployment, Octopus provides variables describing the status of each step. Were really clear about this: You can easily change your Direct Debit, either online or by talking to our team. i dont know what to make of this..i changed to paying variable direct debit in september, 2 weeks later i accidently deleted them from my bank so rang. More than 30 per cent of British Gas, Octopus Energy and Shell Energy customers have reported that their direct debits have at least doubled in the past year, as the cost of . When a step is run on a worker, the following variables are available: Server Server-level variables describe the Octopus Server on which the deployment is running. Debit Payment means a particular transaction where a debit is made. In Early Head Start, for any oral, non-prescription, over the counter medication a Medication Order form completed by the childs pediatrician must be in place and the parent/guardian must provide written consent weekly for the administration of the medication. Which value should Octopus choose? We never increase your payment just for the sake of it. This allows your processes to work across your infrastructure without having to hard-code or manually update configuration settings that differ across environments, deployment targets, channels, or tenants. At least 30% of British Gas, Octopus Energy and Shell Energy customers who were in credit and on price-capped tariffs told the UK's biggest consumer website, MoneySavingExpert.com (MSE), that they've seen their direct debits double - even though the price cap rise is half that, at 54%. With the above MyVariable variable, the scoped and unscoped values will be implemented as follows: Imagine you have one variable scoped to an environment (Production), and another scoped to a machine within the environment. Indexer notion such as Octopus.Action[Website].TargetRoles can be used to refer to values for different actions. When referencing packages in custom scripts, they can contribute variables that can be used just like any other variable. 1K Posts. This is a distinct list across all steps in the deployment process. Octopus Energy Ltd is a company registered in England and Wales. The target tenant(if tenant-features are enabled). Special Enrollment Period means a period of time allowed under this Plan, other than the eligible persons Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights. Release-level variables are drawn from the project and release being created. Your monthly payments are 175.00 on the 25th of each month Our recommended amount Quarterly Direct Debit Quarterly direct debit payment means that you will receive a bill every three months, and the amount will be taken straight out of your bank. This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service. 4.6 billion Direct Debits were processed in the UK during 2021 ( source ). Then we divide that into 12 to get your monthly Direct Debit amount. . Most of Octopus Energy's fixed and variable (or 'flexible') tariffs include Economy 7 electricity, which offers cheaper electricity at night for those with compatible meters. For more information for So Energy customers, check the supplier's updates here. If this still does not resolve the conflictthe result is non-deterministic and you should not depend on a specific value being used. When the software is deployed to test, the test database is used, and when the software is deployed to production, the production database is used: You can manage the variables for your projects, by navigating to your project in the Project tab of the Octopus Web Portal and selecting Variables: In this example, we'll add a variable to a Hello World project that runs a script to say hello. Best Answer. 05-08-22. The release packages is a collection of Package objects based on the following structures: The packages in a release are available as a collection which can be iterated over. Flexible customers whose accounts are in credit have seen an average Direct Debit increase of 59% in line with how much our tariff has increased. We also wont make the change to your Direct Debit if the difference is less than 5 a month. As we cannot parse the deployment log, we can only extract the exit/error codes. For instance, when you deploy software into your test environment, you may need to provide the connection string for the test database, and when you promote the release to production, you need to provide the connection string for the production database. No meter readings are given until April 2022 (I completely forgot to submit the readings but was still paying by direct debit monthly). So when two possible values for a variable exist, Octopus will choose the "more specific" scope value over the less specific one. Octopus Energy doesn't currently offer the Warm Home Discount, or any online, dual fuel or Direct Debit discounts. Variable Direct Debit for Employers Income TaxAll customers, regardless of outstanding returns/balances can apply to be included on the Variable Direct Debit scheme. And how payments have changed in the energy crisis. The following variables can be defined as variables in your project to modify the way Octopus behaves. Wed adjust your monthly payment by 600/12 = an extra 50 a month for the next 12 months so that by next September youd have a balance that would be on track to be a weeks credit at the start of the following April (i.e nearly a months debit by the end). retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988; Full Credit Payment means a payment, distribution or benefit, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, that if reduced in value by one dollar reduces the amount of the parachute payment (as defined in Section 280G of the Code) by one dollar, determined as if such payment, distribution or benefit had been paid or distributed on the date of the event triggering the excise tax. If your emails bounce, or if we dont have an email address for you, well send by post instead. British Gas, EDF, E.on, Octopus and Ovo have all revealed plans to launch similar schemes this winter aimed at preventing power shortages in . The current deployment process or runbook process. They never harassed, threatened or cut of my supply. Note that we dont rush to get your account in order by April, which could cause big bill shocks; we smooth things out over a year, and readjust your Direct Debit back down when youre back on track, with the aim that by the following April, your account will be in good shape. We often link to other websites, but we can't be responsible for their content. To add a variable to your project, navigate to the Project's Overview page, and click Variables to access the variable editor. Variable Return means a percentage calculated as follows: Direct Debit Request means the Direct Debit Request between Us and You. No bill for April 2022. Where S is the step name, Octopus will set: Status codes include Pending, Skipped, Abandoned, canceled, Running, Succeeded and Failed. Over 90% feel at least equally in control. This is reflected in your daily standing charges, saving you up to 48 per fuel per year. It's a complex process to get these customers into our usual payment cycle so we handle them a bit differently we'll blog about this separately. Lets say you have the following targets with their respective roles: You want to deploy the same package on each server but the deployment path will be different between servers. But really, its your money, you know your finances and energy consumption best, so we want you to be in charge. the cap will be 1,971 for standard direct debit tariffs and 2,017 for prepayment plans. Sample 1 Based on 1 documents Examples of Variable Direct Debit in a sentence By Variable Direct Debit, You will pay for the actual amount of energy You use each over each billing period. When the process runs, Octopus will use the scoped value for the Dev OR Test environments, AND the steps the value was scoped to. Since variables can be scoped in many different ways, there needs to be a predictable, deterministic order in which they are resolved. Hey I'm Constantine, welcome to Octopus Energy! In the light of the advice regarding easements from Cumbria Countryside Access Officers, a Variable Direct Debit is not required. 2. Roles applied to the current machine and targeted by the current step. They must take reasonable steps to ensure customers' direct debit levels are based on the best available information, including the quantity of gas and electricity supplied. This means that the variable will not be usable in the context of a runbook as channels do not apply in this context. Variable Interest Rate means a variable interest rate to be borne by any Permitted Debt. Where S is the step name, Octopus will set: Copy Octopus.Deployment.Error and Octopus.Deployment.ErrorDetail will only display the exit code and Octopus stack trace for the error. Well email you recommending a change to your Direct Debit amount, breaking down our calculations, and letting you know when your new payment will start. Octopus Energy has won multiple "supplier of the year" awards and is consistently highly ranked for value for money and customer service. We get the information about the energy we expect you to use from your meter via an industry process, and we also look at the meter reading you give us. Its taken a vast and careful effort to calculate and develop a fair way to manage payments and automatically keep balances in check for millions of customers. If you think youre building too much debit, you can increase your payments or make a one-off payment online too. This is your base amount. In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers. This feature can be really handy when you want to use the same variable name multiple times and have their values changed depending on the target they are running on. Step-level variables are available during execution of a step. For example, suppose this variable exists: During deployment, Octopus will try to select the most specifically scoped variable that applies. If you pay by variable Direct Debit, you may receive a discount of 4 per fuel, per month. With a fixed direct debit you can spread the cost of your energy use without any surprises. . It could mean a larger increase to your Direct Debit to help counteract any debt building and cover higher energy usage (on top of accounting for your higher energy tariff). I looked back at my usage since swapping to Octopus in October '21. What is the take up on the new Variable Direct Debit option for employers?Approx. This means you're likely to pay less in the summer and more in the winter when your lights and heating are on more of the time. During deployment, Octopus provides variables describing the status of each step. It can be automated - Similarly to credit card payments, Direct Debit offers a far more automated approach than cash or cheque. Octopus supports variables so that your deployment processes and runbooks can be parameterized. Is there anything we can do to improve it? Direct debit collection is triggered by the submission of a return based debit charge. Where this is the case, the version will be noted alongside the variable. It averaged 140 a month. If your accounts in debt, or you want to drop your Direct Debit by a substantial amount, we do ask that you speak to our team first. We're sorry this page did not help you! Direct Debit offers a simpler, cheaper and more efficient method for collecting customer payments. Anasa_EONNext. Community Co-ordinator. On payments, these checks make sure: If our health check reveals that your monthly payment or balance is higher or lower than it should be, it could mean youre likely to start building up debt or credit. Money Saving Expert, the website founded by financial guru Martin Lewis, said at least 30% of customers with British Gas, Octopus Energy and Shell Energy companies reported their direct debits doubling since the energy price cap was increased by 54% in April. Update your browser for a better web experience, here and all over the internet. This page lists built-in variables provided by Octopus that can be used in your deployment custom scripts. If You and We agree that You will pay Us by direct debit (irrespective of whether Your regular payment is a Fixed Direct Debit amount or a Variable Direct Debit amount), You must ensure that there are sufficient funds in Your account to cover the payment. Meanwhile, smart meter customers will see the discount applied directly to their accounts. However, the Energy Bills Support Scheme over the next 6 months will provide a credit amount to 400.00.
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