MSE News: Bills rise for five million customers

Former_MSE_Megan_F

Around five million vulnerable customers could see their bills rise by £58 a year after Ofgem announced it's increasing its price cap...

Read the full story:
'Five million vulnerable customers could see energy bills rise in April'

Click reply below to discuss. If you haven!!!8217;t already, join the forum to reply.

brewerdave

Now TV ??? Please don't tell me Murdoch is going to get involved with our gas and leccy:rotfl:

Former_MSE_Megan_F

Sorry brewerdave, all sorted now! Thanks for flagging

Michaelw

I think prepayment is the way to go it offers a lower tariff,it also offers some shielding because of sensitive headlines and keeps energy in the politcal spotlight.If supplies go off it will attract headlines.Its taking weeks to get back on prepayment but was done in ten minutes of passing a credit check on a smart meter the supplier wasn't keen to switch back it was like being means tested.The bill has risen sustantially its affected my budget and I am now faced with large arrears in a few weeks.

Credit meters,direct debits,huge hikes in prices its out of range for many.

teddysmum

Michaelw wrote: »

I think prepayment is the way to go it offers a lower tariff,it also offers some shielding because of sensitive headlines and keeps energy in the politcal spotlight.If supplies go off it will attract headlines.Its taking weeks to get back on prepayment but was done in ten minutes of passing a credit check on a smart meter the supplier wasn't keen to switch back it was like being means tested.The bill has risen sustantially its affected my budget and I am now faced with large arrears in a few weeks.

Credit meters,direct debits,huge hikes in prices its out of range for many.

Prepayment is not the cheapest tariff. It's the most expensive.


The cheapest tariffs are by regular direct debit on a fixed rate.

Michaelw

teddysmum wrote: »

Prepayment is not the cheapest tariff. It's the most expensive.


The cheapest tariffs are by regular direct debit on a fixed rate.

Its (or was now) cheaper then the standard variable.I noticed the difference and won't be going back to credit again.Thers mention on here of people with subscription tv exe instead of paying for the energy most do not. also people on benefits dont have the security of of having funds for direst debits at hand and having to raise £50 extra in a month.Energy suppliers are attempting to dictate to customers when people should look to go elsewhere however those that do pay by this method are tied in with exit fees in most cases and smart meters that do not work elsewhere an online accounts when they do not have the power to dictate sign up for this or collect/share data.They are simply inventing their own rules.

I think the bullying extends far beyond having a smart meter installed.

SpotlandRules

But why were you on SVT? I am on benefits, but manage to run my credit meters with no issues.

Anthorn

teddysmum wrote: »

Prepayment is not the cheapest tariff. It's the most expensive.


The cheapest tariffs are by regular direct debit on a fixed rate.

The point is not whether prepayment is more expensive or less expensive. The point is that the price is capped.

badmemory

But capped at such a high rate it is pathetic even if better than SVR & a much better rate (also fixed for a period) is available to absolutely anyone who is prepared to change supplier & maybe even available from their current supplier if they cared to try.