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Powergen to raise prices by 24.4%!!!

245

Comments

  • Judi the anger hurts no-one but yourself. Turn it around if you can and use the energy to do something positive
  • Woby_Tide
    Woby_Tide Posts: 5,344 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    StuA1964 wrote:
    Taking Martin's advice as a Powergen customer I am going to wait a while until everyone else has announced their price increases.
    Interesting I tried to get onto the Powergen website to get my usage figures for when I do the comparison and the site has crashed !!! Obviously everyone deciding to check their account / usage and look at switching.

    Powergens own calculator won't give you figures if you are a Powergen customer, one of it's excellent 'features' ;) You have to 'call them to find out just which excellent tarrif would suit you'
  • System
    System Posts: 178,410 Community Admin
    10,000 Posts Photogenic Name Dropper
    kittie wrote:
    Judi the anger hurts no-one but yourself. Turn it around if you can and use the energy to do something positive
    I will go and bake a cake then.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • ive just got a £600 bill compared to the £250 usual, can i pay them over two months half anf half?
  • paul_h
    paul_h Posts: 1,074 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Judi wrote:
    Thats ok, my husband can flog his guts out from a 60 hour week to an 80 hour week so the money he makes can sit in some fat cats pocket.....It makes me sick it really does. We hardly see him as it is.:mad:

    There are lots of people struggling to pay these bills, but these companies continue to make record profits year after year. :mad:

    They may go on about the increases in the wholesale costs, but these companies are the wholesalers. By setting high wholesale prices, they minimise any chance that smaller (retail only) competition can survive, whilst ensuring big profits from their production facilities - the petrol companies have been doing this for years...

    It's about time this situation was investigated. :mad:
  • tigger2
    tigger2 Posts: 39 Forumite
    If you are a powergen customer it is cheaper to get it capped than take the rise. Capping is more expenesive but not as much as 25%. The capped rate applies to 2010 and you can come out when you want if the price falls.
  • crankup
    crankup Posts: 343 Forumite
    Part of the Furniture Combo Breaker
    I just got off the phone from them enquiring about switching to capped deal.
    Current Powergen capped deal runs out today. Existing customers wont be able to sign up to it. They can sign up to "version 8" capped deal which starts tomorrow.
    The guy reckoned my electric would be approx £100/yr more and gas would be £135/yr more. I reckon that'll be more than staying as I am with the new hike.
    Anyone else looked at this?
    *************************
    * "Take my advice, Dont listen to me." *
    *************************
    ~~ Yes I've tried Google ~~
    ~~ Yes I've tried ebaY ~~

    ********************************
  • tk
    tk Posts: 89 Forumite
    we are with powergen. i struggled with what to do a few weeks back, but i phoned enquired and decided to risk paying a bit extra to cap the prices, am so glad i did that now!
    With regard to the wholsale prices etc, i reckon we are already paying more for much of our everyday stuff, my grocery bills have gone up recently, production costs and shop overheads as well probably! mind you these shops are warm these days, warmer than my house!!!
    trying hard to count my blessings while surrounded by idiots :O)
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    I was going to cap ages ago, wish i had now, I am with powergen at the moment, but will look in to swaping in a month or so, if only to get the cashback that will pay for a months fuel!

    Might just use logs instead wonder if that works out any cheaper?
    Pawpurrs x ;)
  • Rikki
    Rikki Posts: 21,625 Forumite
    I wonder if Powergen will offer some sort of help for pensioners and those on low incomes like British Gas did? :confused:

    Those who have young children and pensioners cannot turn the heat down.
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
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