Energy bill increases

[gzoom]

so you think you will be paying £700 per month just for gas over a 4mth period?? approx.....thats considerabley higher than the price cap

That's based on our gas usage last winter at 2.6p/kWh and the new cap at 15p/kWh.

Luckily we can afford it, and no one has forced us to live in a 5/6 bed detached, with leaky windows and poor insulation.

We were planning on doing some moderate house renovations but the building work wouldn't have dramatically improved energy efficiency of the house. The way things are going am now working the feasibility of a demolish and rebuild to new building reg standards/insulation etc as the most sensible approach looking 10-20 years ahead.

 

[mjr]

so you think you will be paying £700 per month just for gas over a 4mth period?? approx.....thats considerabley higher than the price cap

That is the nature of the headline figure being the average household use: many will be higher and many will be lower.

Really the cap is on the unit and daily charges but press officers and reporters prefer thousands of pounds to numbers of pence.

 

[mjr]

From my experience you could expand that to Ofgem, Ofcom, Ofwat over the years I've dealt with them all & do not not feel they are on the consumers side, you also have to question the fact that a UK run resolution agency paid for by the UK taxpayer is now operated out of India.

Any serious reply to that will get us sent to the NACA's yard, so let me suggest that maybe India is simply seeking to repay the UK's excellent past conflict resolution?

 

[jowwy]

That's based on our gas usage last winter at 2.6p/kWh and the new cap at 15p/kWh.

Luckily we can afford it, and no one has forced us to live in a 5/6 bed detached, with leaky windows and poor insulation.

We were planning on doing some moderate house renovations but the building work wouldn't have dramatically improved energy efficiency of the house. The way things are going am now working the feasibility of a demolish and rebuild to new building reg standards/insulation etc as the most sensible approach looking 10-20 years ahead.

is it 15p/kwh.....its currently 7.46, expecting the 75% rise to be 13.05, so not much but a little less then the 15p.

I know that doesnt reduce it by much, but every little helps

 

[jowwy]

I just checked Eon Next V21, current fixed price tariff for 12mths. Thats before the current price cap increase......

 

[si_c]

I just checked Eon Next V21, current fixed price tariff for 12mths. Thats before the current price cap increase......

View attachment 658723

Which is why nobody is recommending going for a fixed tariff right now, that's close to double the level from the October increase at a rough guess.

 

[jowwy]

Which is why nobody is recommending going for a fixed tariff right now, that's close to double the level from the October increase at a rough guess.

it is indeed.......the thing is they were offering that from april and i bet someone fixed at that price due to what was coming down the road in october/april

 

[cyberknight]

Ref solar… What about the millions of people who don’t live in a house and/or don’t have a garden and/or don’t own the property they live in?

Add to that those who don't have the capital to invest ,no disposable income or already in debt due to price rises

 

[Alex321]

so you think you will be paying £700 per month just for gas over a 4mth period?? approx.....thats considerabley higher than the price cap

The price cap is per unit, not an overall maximum. When it is quoted as above, that is what the average bill would be under the new cap.

 

[jowwy]

The price cap is per unit, not an overall maximum. When it is quoted as above, that is what the average bill would be under the new cap.

Yeh i know that, but its still not quite 15p/kwh……

 

[gzoom]

Which is why nobody is recommending going for a fixed tariff right now, that's close to double the level from the October increase at a rough guess.

The noises suggest the 'cap' will hit £1/kWh for electricity potentially next year.......so fixed at 80p/kWh will seem cheap if that comes true, and I suspect we'll be using candles again.

 

[si_c]

The noises suggest the 'cap' will hit £1/kWh for electricity potentially next year.......so fixed at 80p/kWh will seem cheap if that comes true, and I suspect we'll be using candles again.

If it hits that I'll be modding a stationary bike to power the lights.

 

[fossyant]

If it hits that I'll be modding a stationary bike to power the lights.

I'll certainly be in the office three days a week. About time electric car drivers paid the same rate too. Can't subsidise them when people can't heat homes.

 

[fossyant]

My neice is on a prepay meter in a rented home. She's struggling now, going to be crucified come October

 

[wiggydiggy]

I'll certainly be in the office three days a week. About time electric car drivers paid the same rate too. Can't subsidise them when people can't heat homes.

I wonder if thats an option for those us working from home, go back to the office. Maybe it's all a big conspiracy
by putting up energy prices to get us all back in and buying coffee

Personally though I know my office has been decomisioned and there are bookable desks if I want to go in, I might try and work out the cost of a days work at home but I suspect it's still cheaper for me not to travel in (esp when including getting travel time back).