MSE News: Bulb to hike energy prices by 11.1% - its third increase this year

Green energy supplier Bulb is raising its prices for the third time this year, with 750,000 existing customers to hit by a rise of over 11% in November...
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'Bulb to hike energy prices by 11.1% - its third increase this year'
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  • For me +8% electric, +30% gas. I'll be switching again come November.
  • VT82
    VT82 Posts: 1,079 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    Haha, for once an MSE news story about energy costs going up that isn't going to be swamped by Bulb customers trying to get you to click on their referral link! Although amazingly enough, there's already someone with a brass enough neck to have tried it on the Facebook comments.


    Bulb, if you're reading this, when people do that with their referral links, it makes your company look like a cheap and nasty multi-level marketing scheme - the 'Juice Plus' of the energy world if you will. That's obviously not the case; you're a perfectly normal energy company, but it puts me right off you.
  • Futuristic
    Futuristic Posts: 1,126 Forumite
    First Anniversary First Post Photogenic Name Dropper
    I guess everyone will now need to spam even harder to make the plan better than alternatives...
  • These are the units rate for those are wondering.

    Gas
    Unit Rate

    3.938p per kWh

    Standing Charge

    24.558p per day

    Electricity
    Unit Rate

    13.640p per kWh

    Standing Charge

    24.558p per day
  • I was in middle of switch to them, just cancelled as it would have added £250 to my annual bill.
  • From 11th November
    Electricity was 12.39 per kWh now going to be 13.23 (+6.8%)
    Gas. was 2.81 per kWh. now going to be 3.73 (+32.7%)

    Standing charges unchanged @ Electricity 24.56p per day
    Gas 24.56p per day
    And not had the 1st bill yet!
    Hey perhaps we should all quote these figures in forums from the official notification we get?
    (Triple check as I have, then we know it’s correct, after all there is only one price isn’t there?)
  • Well the rates will be different depending on when you live. Haven't received my email yet.
  • Andy_WSM
    Andy_WSM Posts: 2,217 Forumite
    First Anniversary First Post Uniform Washer Rampant Recycler
    These are the units rate for those are wondering.

    Gas
    Unit Rate

    3.938p per kWh

    Standing Charge

    24.558p per day

    Electricity
    Unit Rate

    13.640p per kWh

    Standing Charge

    24.558p per day


    These are the unit rates for your postcode. They will not be the same for everyone else - certainly this applies to the electricity unit rates.
  • This is from the letter i recieved.


    Because wholesale prices have increased, from 11 Nov 2018, the price you pay for your electricity is increasing from 12.39p to 13.23p per kWh.


    The price you pay for gas is increasing from 2.81p to 3.73p per kWh. Your standing charges will remain the same.
  • roddydogs
    roddydogs Posts: 7,478 Forumite
    Name Dropper First Post First Anniversary
    Its all those referrals at £100 a pop coming home to roost!
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