MSE News: Energy costs soar as household bills rise by 2.4%...

edited 30 November -1 at 1:00AM in Budgeting & Bank Accounts
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Former_MSE_RosieFormer_MSE_Rosie Former MSE
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edited 30 November -1 at 1:00AM in Budgeting & Bank Accounts
Energy bills are rising at the fastest rate since early 2014 and contributing to a 2.4% increase in a typical household's average bills and expenses, this month's MSE Bills Tracker reveals...
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'Energy costs soar as household bills rise by 2.4%, MSE's Bills Tracker shows'
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  • Shakin_SteveShakin_Steve Forumite
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    2.4% is hardly ‘soaring’.
    I came into this world with nothing and I've got most of it left.
  • ceredigionceredigion Forumite
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    Energy bills are rising at the fastest rate since early 2014

    Funny enough inflation is higher now as well.
  • Wizard_of_IdWizard_of_Id
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    and there's me paying £360 LESS a year for my combined bill than I was in 2012 and I have stayed with the same company.

    All I have done is learned how to use less energy over the years, getting a remote readout has helped me keep an eye on things better as well.
  • badmemorybadmemory Forumite
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    2.4% is soaring? Hope you never buy butter - a year ago 59p last week 1.23 now that is soaring but I guess just not news. Most food items have gone up by about 15% but that isn't news because finding the persons to blame may be problematic, so lets just have a go about fuel price hike of 2.4%. In the current climate I'd be more surprised if it didn't.
  • Terry98Terry98 Forumite
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    and there's me paying £360 LESS a year for my combined bill than I was in 2012 and I have stayed with the same company.

    Wouldn't you have saved even more if you had moved suppliers?
    All I have done is learned how to use less energy over the years, getting a remote readout has helped me keep an eye on things better as well.

    What have you saved the most on and how have you done it?
  • bigadajbigadaj Forumite
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    Crap journalists producing click bait.

    I thoroughly enjoyed, in a perverse way, the British Gas chief being interviewed by John humphreys in today a few weeks back. He asked to make a statement at the start of the interview, following their electricity price rise announcement, and stated that they admitted be costs has fallen but the rises were simply to pay for the green levy and transmission and distribution costs.

    JH had teh winds taken out of his sails, tried moderate lambasting but BG PR team unusually appeared effective and well prepared, bbc far less so.
  • Wizard_of_IdWizard_of_Id
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    Terry98 wrote: »
    Wouldn't you have saved even more if you had moved suppliers?



    What have you saved the most on and how have you done it?

    I may have saved more by moving suppliers but I check every year and I have not found any huge differences in tariffs in my area away from who I am with.

    Biggest saving has been from the gas, I stopped keeping a tank of hot water and moved to instant hot water instead.
  • CaddymanCaddyman Forumite
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    Terry98 wrote: »
    Wouldn't you have saved even more if you had moved suppliers?


    What have you saved the most on and how have you done it?

    Up until last year, for me personally, moving suppliers would have at most saved me about 20 quid a year, so hardly worth mucking about swapping to another supplier. When my current fix with Npower, which no other supplier can currently match for price because I fixed last year for two years, when that ends, there's going to be a pretty significant saving to be had by swapping suppliers because my dual fuel bill will suddenly rocket by about an extra £300 a year (if I were to be too stupid to put up with Npower's SVT) but that is still 8 months away so we'll see what happens then.

    As for the second part of your question, as old inefficient products broke down and required replacement, we simply replaced with AA or AAA electrically rated products, all lightbulbs replaced with very low energy LED's. We've had HIVE installed (one off charge no subscription) and this has allowed us to control heating/lighting in a more effective and economical way. The only thing I won't replace, is our vacuum cleaner because it actually works properly and has a power output that is now banned in the EU.

    I won't be getting my boiler replaced just yet though. It's 16 years old, kept serviced and works absolutely fine. It would cost me around £2800 to have it replaced with an A rated boiler and would quite literally take me years to recoup the savings an A rated boiler would provide. The plumber I use said the same thing, 'if it ain't broke, don't fix it', apart from keeping it serviced obviously! That being said, I'll probably replace when it reaches 20 years old.
  • Terry98Terry98 Forumite
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    I understand you save the most when you move supplier for the first time. After that the savings our not on the same scale.

    We upgraded our boiler a couple of years and have benefited from a much warmer house and lower energy bills. When you factor in the cost of the boiler it will take me quite a few years to recoup the cost but I have no regrets.

    The Energy Forum is really good if you want any advice http://forums.moneysavingexpert.com/forumdisplay.php?f=13
  • Shakin_SteveShakin_Steve Forumite
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    I read in an article somewhere, I think it was the one about vacuum cleaners having to have less powerful motors, that we are all using less electricity because the appliances we buy are a lot more efficient than they used to be. Combi boilers probably have the same effect on gas usage.
    I came into this world with nothing and I've got most of it left.
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