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We are paying £40 to £50 pounds per week for gas and electric, iv seen on SOA on other boards that this is high, could you please tell me on a scale of one to ten how high. Three bedroom terraced house, four adults, well two real ones (bringing in the money) and two kids.

As always thanks :)

Comments

  • Wywth
    Wywth Posts: 5,079 Forumite
    An average dual fuel user would spend less than £25 p.w. (in total) averaged out over the year on a suppliers standard (expensive) tariff.
  • Cardew
    Cardew Posts: 29,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    I think 'less than £25 a week' is a little on the low side for a expensive tariff and 6 people.


    This for December 2012

    http://www.ofgem.gov.uk/Media/FactSheets/Documents1/household-bills.pdf


    annual consumption figures, averaged across all the big six suppliers and averaged across Great Britain.

    Below are the breakdowns for gas and electricity bills. They reflect gas and electricity prices in December 2012. The average gas
    bill for a standard account is £811 and for electricity it is £531. These prices are based on average annual
    consumption
    figures, averaged across all the former incumbent suppliers, all payment methods and averaged across
    Great Britain







  • Can you explain a bit more about your set up?

    What boiler is it? Make, model and condensing/non and what temperature do you run it on?

    Is it combi or do you have a hot water tank? If tank when is your hot water set to be heated?

    What times do you have the heating on/off?

    Do you have a room thermostat and thermostatic valves on the radiators?

    How many radiators do you have and are they all on?

    Are you on a credit meter or prepayment and who is your tariff & supplier?

    What is your insulation like, do you have double glazing?

    £50 pw in the dead of winter is still very high.

    CC limits £26000


    Long term CC debt £0

    Total low rate loan debt £3000

    Almost debt free feeling, priceless.

    Ex money nightmare, learnt from my mistakes and never going back there again, in control of my finances for the first time in my adult life and it feels amazing. 
  • Wywth
    Wywth Posts: 5,079 Forumite
    Cardew wrote: »
    I think 'less than £25 a week' is a little on the low side for a expensive tariff and 6 people.


    This for December 2012

    http://www.ofgem.gov.uk/Media/FactSheets/Documents1/household-bills.pdf









    Ok £25.82 :)
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    crushed00 wrote: »
    We are paying £40 to £50 pounds per week for gas and electric, iv seen on SOA on other boards that this is high, could you please tell me on a scale of one to ten how high. Three bedroom terraced house, four adults, well two real ones (bringing in the money) and two kids.

    As always thanks :)
    I'd say that's fine...for winter...I gather as you are quoting weekly figures you are on a prepayment meter. As above the average for an average household is £25.82 per week when averaged over 52 weeks. As you are a household of 6 then I'd up it a bit. If you are on prepayment then I'd up it a bit more again....then £45 a week doesn't look quite so bad.

    The posters on DFW want to see unrealistically low expenses for everything. You spend what you spend. Try comparing suppliers and see if you can get it cheaper but if you feel your usage is reasonable and you have turned the heating as low as you can then your house uses what it does and there isn't much more you can do unless you want to be cold and miserable.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
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