powergen scrap standing charges and cap prices

edited 30 November -1 at 1:00AM in Energy
1 reply 1.5K views
tktk Forumite
89 Posts
edited 30 November -1 at 1:00AM in Energy
apparently! from september 6th they are removing the standing charges from gas and electric and will implement a 2 tier pricing system (for normal electric meters, i cant say about economy 7 may be more than 2 tier)
also you can apply to cap your price until july 2006 i think, (its on the web site) BUT YOU have to apply, it is not done automatically!
i did a price comparison today and realised it was worthless based on their current pricing system....will look again after september 6th
trying hard to count my blessings while surrounded by idiots :O)

Replies

  • pak2pak2 Forumite
    74 Posts
    With out a doubt their 'no-standing charge' bills will be the same construction as British Gas etc.

    high rate - low rate * kWh per year at high rate = old standing charge.

    The E7 rate is norm 2 teir on day rates, but low rate remains on a single teir.

    If you happy with Powergen then i'm sure the boss would say grab this cap price offer, as prices will be going up.

    Pak
    I say what I like, I like what I say!
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