We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Fuel increase 30%+

2»

Comments

  • Granny_98
    Granny_98 Posts: 33 Forumite
    Third Anniversary 10 Posts
    Robin9 said:
    Those overestimates Elec 140 kWh £21; gas 62 Kwh   £2   (total £2 a month - insignificant)

    Put your estimates into comparison sites SEPARATELY  and let us know what results you get.
    Elec Symbio - variable rate £33.09 Gas Utility warehouse - variable rate £43.01
    Fixed are all higher
  • niktheguru
    niktheguru Posts: 1,487 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You'll pay more for variable rates in the long run. Prices are only going up at the moment. Fix while you can. Perhaps avoid symbio in your case.
  • tghe-retford
    tghe-retford Posts: 1,035 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Fix before October. £139 increase on the Ofgem cap will add to that percentage increase. I've been quoted around a 40% increase on top of another inflation busting increase earlier this year. Also be wary of smaller companies, they are vulnerable right now (those on the cheapest contacts are likely on there to take advantage of their low, suspected unsustainable, prices and waiting for the inevitable move to another company or going bust). I can imagine Ofgem will be under pressure to lift the cap or risk jobs and businesses.
  • Granny_98
    Granny_98 Posts: 33 Forumite
    Third Anniversary 10 Posts
    Robin9 said:
    Those overestimates Elec 140 kWh £21; gas 62 Kwh   £2   (total £2 a month - insignificant)

    Put your estimates into comparison sites SEPARATELY  and let us know what results you get.
    A couple of days later and now its £82 a month and they've increased my gas consumption estimate for next year by over 1000kwh (to 15079) I have used approx 240kwh this month  cost approx £9 including standing charge ( 1/4 less than last month) 
  • Robin9
    Robin9 Posts: 13,032 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Their gas consumption is a guess -  it doesn't really matter.  If you use less the DD you will be paying will reduce, use more and it will go up.
    Never pay on an estimated bill. Always read and understand your bill
  • Reed_Richards
    Reed_Richards Posts: 5,449 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Whatever your Direct Debit is, ultimately you pay for what you use.  If you use less than the estimate on which the DD is based you will get a refund.  If you use more then you will have to pay the balance, usually by means of an increase in your DD until it is paid-off.  
    Reed
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    As above re DD  , just had a £100 refund  as DD was higher than actual usage turned out to be as i used less electric during lockdown .
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.