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Energy price cap to be reviewed
The UK energy watchdog has said it will review how the price cap on gas and electricity bills is calculated following a series of company failures. Ofgem said there had been an "unprecedented" rise in wholesale energy prices. Suppliers are unable to pass on the full rise to consumers because of a price cap on household…
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Ovo 3 year fixed plan
My fixed gas and electricity plan ends this December and Ovo have offered me two plans and the variable rate. One of the plans is a three year fixed plan (see rates below). This is more than the variable rate but I know that’s likely to go up but not sure on fixing for 3 years as not sure if the variable rate is likely to…
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Excessive meter reading
I monitor the electricity meter for the common parts of a house which has been converted to 5 flats. It serves just two lights (the hallway whose light switches off after 2 minutes' use and an outside light which is on each night). Over the years, it is fair to say that the average consumption is about 25kwH PER YEAR. The…
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Bulb historical economy 7 unit rates - help needed
I'm wondering if anyone can help me with pulling up some old rates. I found out that Bulb have been billing me at single rate but i'm on economy 7. Before I start a complaint I would like to calculate myself who has underpaid/overpaid. Ive only been with them since March 21 but have had a couple of price rises. I realise…
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British Gas poor choice of Tarrif’s for First New Home
Family member bought first ever new home. House supplied by British Gas, yet no standard variable tarriff available on BG own site or on usual online sites so unable to proceed unless join more expensive rates which are only ones visible and not within budget.Seems like BG are not showing the ability to join SVT for first…
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EDF Deemed tariff the cheapest I can find?
Hi, I just moved into a new rental and EDF put me automatically onto a deemed tariff. The "current tariff prices" shown when I login are: electricity unit rate: 21.88pgas: 4.40p When I try to go on a long term tariff, it's showing me these prices: Gas unit rate (p/kWh) 9.424 Electricity unit rate (p/kWh) 32.41 even with…
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Octopus "AVRO Flexible" Tariff - is is a Capped Tariff ?
When Octopus started contacting AVRO customers being transferred to them, I think they mentioned a tariff £10 under the Price Cap. We now have the tariff details and it seems to be a bit more under than that. However, Octopus now say on my A/C -------------------------------------------------------------- Flexible Avro…
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Type of heating for conservatory conversion?
We are having a conservatory converted to a warm flat roof construction with a 2x1 m roof light. It can't be connected to the main central heating system, so I'm wondering what type of heating would be effective and as cheap as possible to run please? The room measures 3m x 4.5m floor dimension and about 2.5m tall. I've…
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PFP to BG horror hike help
Lovely peeps, got moved over like many but have a couple of questions. I’m now on a fixed tariff until Apri, cannot speak or online chat to anyone at BG. Can I switch to a variable tariff to use the price cap as estimate is 1k per year more on this deal! Also lists payment by cash or card only and additional charges for…
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Can someone please explain what a Cap tracker is :)
Hiya all i am hoping someone can help me as google is useless ;) I am on a cap tracker but always been on a fixed deal so my knowledge is very limited about them. Iv read t&c but find them very confusing, especially page 2. What are the pros and cons of a cap tracker? is a cap tracker better than the ofgem price cap? Will…
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Can Shell Energy use Smart Meters from which BG put in
So a couple of years back, I had my Energy with British Gas and had a smart meter put in. Then changed to Pure Planet, who were all so innovative and cool with their app only based system, but still needed med to use a torch and read the meter. Of course pure planet are no more and now Shell will take over. Just curious if…
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British Gas Exclusive Energy Oct 2023v3 ?
Apologies for not searching through posts but I have a serious eye problem at the moment making screen use very difficult. I have been with British Gas for dual fuel. I have just been offered to choose Exclusive Energy Oct 2023v3 based on "We’ve estimated the annual costs based on your previous usage of 23921 kWh of gas…
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Do suppliers have to offer a variable rate option?
The fixed rate contract with EDF for our communal areas electricity ends soon and they have offered various new fixed rate options but no variable rate. If we do nothing, we'll go onto what seems like quite an expensive fixed rate, but with no early termination fee. I was just wondering if suppliers are obliged to offer a…
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What should the unit prices be to cover wholesale prices?
Theorising that the cap is going to go up in April, how much should we be paying per unit of gas and electricity in order for the suppliers to not go broke? Latest figures https://forums.moneysavingexpert.com/discussion/comment/78903593/#Comment_78903593
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When will the 'advice ' change?
At the moment everyone is advised to go on to their supplier's energy price cap tariff when their current fixed term contracts come to an end. This is on the basis current available 'fixed for x months' tariffs are significantly above the current price cap. Makes sense. However, we KNOW the new price cap in April is going…
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IGT and smart meters
Recently moved into a new build property and noticed that British Gas (my supplier) only seem to recognise my electricity meter as smart, but I still have to give manual readings for the gas one. I never got given an "IHD" either. I'm pretty sure the gas one is also a smart meter, it says SMETS2 on it, has a digital…
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EDF 'Tariff: Price Held'
I was in the process of switching to GNE when they went bust so ended up with EDF. I've just had my first bill from June onwards and expected to be on the Deemed tariff from 4/10/21. But on this bill the rate is the same as the 'Welcome GNE Variable 2' tariff from 4/10/21 and it states 'Tariff: Price Held'. I presume this…
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End of fixed rate tariff
Hi all, my Scottish Power 1 year fixed rate is coming to an end soon and I’ve been offer 4 further options of a fixed rate for the future…all way too much money and not what I want to pay. My question is…If I do not select any of the four options do I automatically then go on to the variable rate by default and continue to…
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Switch done in September as advised by Martin but now told it is a bad idea?
The advice from Martin in the September newsletter warnings was to switch and fix as energy costs were going up by a considerable amount. I changed to a new fixed deal but now the advice in the newsletter states it is not a good idea to move to a new deal? Anyone else noticed this?
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Electric underfloor heating vs LPG boiler (radiators) - running cost
Hey, We've moved into a house (poorly insulated extended cottage) that has electric underfloor heating (downstairs) and LPG gas (not connected to the mains). It looks like the previous owners, turned down their downstairs radiators and used the underfloor heating, and heated upstairs using the radiators. Does anyone have…