NPower Sign On-line 16 customer

Chef1980uk

hi all,

I know Martin was excellent with his call on the price hikes but as we were already on an online tarrif, we thought we were A) immune from price hikes, and already on the cheapest for our home. I still believe this so this isn't a post about changing but more so on what the increase will mean so what i'm really after is an amount in £ the increase will bring over 12 months. Am i right its about £20 more for the year?

Here's our info:
Daily Standing Charge 7.100p > 7.455p
Unit Rate 12.75p > 13.39p
Estimated next 12 months use using actual readings 16,854 kWh (we avg 1000kWh per month though)

Account is in credit again and has been reduced per month again.

2009 Dec: £467 in debt. £145pm
2010 Mar: £132 in debt. £125pm
2010 Sep: £133 in credit. £105pm
2010 Dec: £29 in credit. £94pm

the £133 credit was automatically credited back to us via cheque.

blackfritz

Amazing, someone that has got a 5% increase from n Power -

On the figures given, the bill goes up by around £120 p.a or £10 a month.

BUT on the predicted usage of 16854 kWH your new annual bill looks to be around £2300?? which would seem to indicate DDs of around £190 per month.

Even using 12,000 kWH (1,000 kWH per month) that brings the bill to around £1630 or £135 per month!!

Chef1980uk

hmm. Just checked my other bills this year and that 12month prediction is also on September's bill which says 9,136kWh So maybe that's just taken from the current usage and being a really cold winter right now, has inflated our use.

My estimate was £100 out oops. I still think our deal is a good one for a house that's electricity only. Or am i also wrong on that front?

KimYeovil

13.39p (and 12.75p) are VERY expensive for electricity. You should be able to receive it for less than 9p (plus standing charge).

Edit: okay, your standing charge is only £27 per year compared to £100 for the cheaper tariffs. Still you should look around at what else is available - nPower's tariffs are priced to include a £105 dual fuel discount that you do not qualify for.

blackfritz

SOL 18 of which I am currently a customer has NEW rates of 9.11p a unit and 14.175p a day standing charge, which would based on the earlier estimate of 16854 kWh would give an annual bill of £1586, thats a hell of a lot less than the £2300 ish on your current tarriff. Whether or not its still available is a different matter.

SOL 20 is still available gives an annual bill of around £1514 on those estimates!!

There is a calculator on n powers web site so you can compare, but watch for exit fees on your current tariff

davidgmmafan

I'm confused. Were those prices in the first post supposed to be the old and new prices? Me thinks they are just the new prices including and exculding VAT, hence why it equals EXACTLY 5%. You would've been on something like 9 pence per unit before so this it'd be around a 25% increase.

If you use a lot of elec as suggest by others the new prices are pretty poor so shop around.