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British Gas electricity price has more than doubled in 1 year

Wow - just looking through my statements for British Gas electricity and this time last year I was paying £16 per month, I am now paying £36 per month for the same amount of electricity approx. 450kWh per quarter.

Single and living in a 1 bedroom flat :eek:

Comments

  • matelodave
    matelodave Posts: 9,199 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Perhaps you should consider changing suppliers
    Never under estimate the power of stupid people in large numbers
  • ollski
    ollski Posts: 943 Forumite
    450kw is about 70 quid inc vat
  • Ectophile
    Ectophile Posts: 8,252 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Was that £16/month a fixed amount for the year? It's common for suppliers to fix your payments for a year, based on an estimate of what you will be using.

    If you actually used more than that, then by the end of the year, you will be left owing them money. Not only have to they have to increase your payments to match what you are actually using, but they then have to add more on top to pay back the debt.

    The end result is that you see a massive increase in bills, even though nothing has changed.
    If it sticks, force it.
    If it breaks, well it wasn't working right anyway.
  • Swipe
    Swipe Posts: 5,970 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Your tariff must be really expensive. You should switch. I use an average of 866KWh per quarter and only pay £32/month

    16p daily standing charge and 11.5p/unit
  • tberry6686
    tberry6686 Posts: 1,135 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The likelyhood is that you are in arrears with the electricity as it is very unlikely that £16 per month would have covered your usage and standard charge.

    Just because your DD has increased so much does not meant the price has increased at all so the thread title is misleading. Look at past bills to see the price per unit that you are paying and compare it to your latest bill - they will be very close to each other.

    Swipe - If you do a quick calculation it would appear that you are not paying enough on your DD to cover the cost of electricity and standing charge and so are building up a debt (if your figures are correct).
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What your DD is set to per month has nothing to do with the rate per kWh that you are paying.
    No free lunch, and no free laptop ;)
  • Swipe
    Swipe Posts: 5,970 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    tberry6686 wrote: »
    Swipe - If you do a quick calculation it would appear that you are not paying enough on your DD to cover the cost of electricity and standing charge and so are building up a debt (if your figures are correct).

    Yep, my mistake, I use 2600 units per year. I divided by 3 instead of 4
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