It's time to start digging up those Squirrelled Nuts!!!!

MallyGirl

I think that it is indeed going to push some people over the edge.
We were lucky in switching to a 2 year fix back in October. I don't even want to think about what it will jump to when that expires.
I did try to get family to take action but I had similar lack of success

barnstar2077

I too fixed my gas price as soon as I heard there may be trouble ahead.  I also drastically cut back on usage (at least during the times when I was single :  )

I hear there is some £400 pound being given to my supplier on my behalf by the government in October.  I'm not sure how this is supposed to work though?  If my gas bill is usually less than £400 a year does that mean that I won't get a bill at all?

Sea_Shell

barnstar2077 said:

I too fixed my gas price as soon as I heard there may be trouble ahead.  I also drastically cut back on usage (at least during the times when I was single :  )

I hear there is some £400 pound being given to my supplier on my behalf by the government in October.  I'm not sure how this is supposed to work though?  If my gas bill is usually less than £400 a year does that mean that I won't get a bill at all?

The £400 gets paid to your electricity account.  So the credit will sit there until used up, however long that takes.

You can't "move it" to gas, but you should (hopefully) be able to manipulate your payments to compensate, if you're not dual fuel.


ETA - the Energy board is a hive of information on all this.

barnstar2077

Sea_Shell said:

barnstar2077 said:

I too fixed my gas price as soon as I heard there may be trouble ahead.  I also drastically cut back on usage (at least during the times when I was single :  )

I hear there is some £400 pound being given to my supplier on my behalf by the government in October.  I'm not sure how this is supposed to work though?  If my gas bill is usually less than £400 a year does that mean that I won't get a bill at all?

The £400 gets paid to your electricity account.  So the credit will sit there until used up, however long that takes.

You can't "move it" to gas, but you should (hopefully) be able to manipulate your payments to compensate, if you're not dual fuel.


ETA - the Energy board is a hive of information on all this.

Oh, my mistake, I just assumed it was for gas as that is what all the focus has been on for a while.  I will check out that board, cheers! (If I have the... energy.)

Sea_Shell

barnstar2077 said:

Sea_Shell said:

barnstar2077 said:

I too fixed my gas price as soon as I heard there may be trouble ahead.  I also drastically cut back on usage (at least during the times when I was single :  )

I hear there is some £400 pound being given to my supplier on my behalf by the government in October.  I'm not sure how this is supposed to work though?  If my gas bill is usually less than £400 a year does that mean that I won't get a bill at all?

The £400 gets paid to your electricity account.  So the credit will sit there until used up, however long that takes.

You can't "move it" to gas, but you should (hopefully) be able to manipulate your payments to compensate, if you're not dual fuel.


ETA - the Energy board is a hive of information on all this.

Oh, my mistake, I just assumed it was for gas as that is what all the focus has been on for a while.  I will check out that board, cheers! (If I have the... energy.)

It's to help with "domestic energy" and not everyone is on gas.

Audaxer

Sea_Shell said:

Bravepants said:

Sea_Shell said:

You know that interest rates are rising, when you find yourself (yet again) with 15 accounts and rising!!!

At the start of the year, we had 5.

Are you doing fixed interest savings ladders?

We're doing all sorts!!!

Yes, some fixed savings ladders over 1 year or 6 months, plus some new Reg Savers @ 2.5%

Our average rate across all our cash is currently standing at 1.94%

That's good going. Have you cashed in your Premium Bonds?

Sea_Shell

Audaxer said:

Sea_Shell said:

Bravepants said:

Sea_Shell said:

You know that interest rates are rising, when you find yourself (yet again) with 15 accounts and rising!!!

At the start of the year, we had 5.

Are you doing fixed interest savings ladders?

We're doing all sorts!!!

Yes, some fixed savings ladders over 1 year or 6 months, plus some new Reg Savers @ 2.5%

Our average rate across all our cash is currently standing at 1.94%

That's good going. Have you cashed in your Premium Bonds?

Yes!   The lot ...gone!!

Sea_Shell

We're having smart water meters fitted today, which will give half hourly readings available via our on line account.

We're already on a meter (read annual by them) but this will give more data to obsess over!!!

😎

LHW99

Sea_Shell said:

We're having smart water meters fitted today, which will give half hourly readings available via our on line account.

We're already on a meter (read annual by them) but this will give more data to obsess over!!!

😎

Won't you get a little monitor gismo? We got one when they came to fit ours (electricity only, because the gas meter was too far away to communicate). We can see instantaneous useages (red, orange, green) and hourly / daily etc costs (until it goes offline, which it does frequently .

MallyGirl

LHW99 said:

Sea_Shell said:

We're having smart water meters fitted today, which will give half hourly readings available via our on line account.

We're already on a meter (read annual by them) but this will give more data to obsess over!!!

😎

Won't you get a little monitor gismo? We got one when they came to fit ours (electricity only, because the gas meter was too far away to communicate). We can see instantaneous useages (red, orange, green) and hourly / daily etc costs (until it goes offline, which it does frequently .

Theirs is a water meter