70% increase in cost - Utility Point to EDF - YES!! SEVENTY PERCENT!!

The_Fat_Controller

Deleted_User said:

Cardew said:

Deleted_User said:

The_Fat_Controller said:

We should all be thankful for the price cap and that we don't have smart metering that actually charges the real cost of energy on a daily basis.

The price cap only saves a minorities bacon - it is a maximum that anyone can be forced to pay monthly (£1227 pa) NOT a maximum per KWh used

So for someone who used to spend say £600 on duel fuel - their charges could literally double overnight

I think you need to look at your statement again. There are several threads explaining the price cap.

So you are saying that there is a cap on KWh price? 

Yes, it is exactly that !

Both kWh and Standing Charges.

https://www.ofgem.gov.uk/information-consumers/energy-advice-households/check-if-energy-price-cap-affects-you

QrizB

Deleted_User said:

The_Fat_Controller said:

We should all be thankful for the price cap and that we don't have smart metering that actually charges the real cost of energy on a daily basis.

The price cap only saves a minorities bacon - it is a maximum that anyone can be forced to pay monthly (£1227 pa) NOT a maximum per KWh used

Both those statements are wrong:

• You can be charged more than the price cap
• There is a cap on the price per kWh
  

Please don't post misinformation like this, it isn't helpful.

Deleted_User said:

Cardew said:

Deleted_User said:

The_Fat_Controller said:

We should all be thankful for the price cap and that we don't have smart metering that actually charges the real cost of energy on a daily basis.

The price cap only saves a minorities bacon - it is a maximum that anyone can be forced to pay monthly (£1227 pa) NOT a maximum per KWh used

So for someone who used to spend say £600 on duel fuel - their charges could literally double overnight

I think you need to look at your statement again. There are several threads explaining the price cap.

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

rp1974

QrizB said:

Deleted_User said:

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

How/why are many,many people still not getting this?.
I despair every time it's asked,my heart sinks when it's got to be explained,yet again.

Far from being the sharpest tool in the box myself,how hard can it be?.
Full disclosure my bills are well under the cap,so not personally affected by it.

[Deleted User]

rp1974 said:

QrizB said:

Deleted_User said:

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

How/why are many,many people still not getting this?.
I despair every time it's asked,my heart sinks when it's got to be explained,yet again.

Far from being the sharpest tool in the box myself,how hard can it be?.
Full disclosure my bills are well under the cap,so not personally affected by it.

Sorry - I have added to cardews post 

PZ19

rp1974 said:

QrizB said:

Deleted_User said:

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

How/why are many,many people still not getting this?.
I despair every time it's asked,my heart sinks when it's got to be explained,yet again.

Far from being the sharpest tool in the box myself,how hard can it be?.
Full disclosure my bills are well under the cap,so not personally affected by it.

It’s because it’s the way it’s explained in the media, always say price cap of £1200 odd, people think won’t have to pay more than £1200, which is very very wrong, a lot of people going to have shock when those bills roll in and direct debits increase massively.  Not everyone is as savvy as the people that use these forums regularly.  Sad truth is majority of people don’t take too much notice, just think they pay whatever their direct debit is each month and that’s it

EssexHebridean

Deleted_User said:

rp1974 said:

QrizB said:

Deleted_User said:

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

How/why are many,many people still not getting this?.
I despair every time it's asked,my heart sinks when it's got to be explained,yet again.

Far from being the sharpest tool in the box myself,how hard can it be?.
Full disclosure my bills are well under the cap,so not personally affected by it.

Sorry - I have added to cardews post 

Could you consider editing your earlier post here that has the incorrect information too please to avoid risk of it misleading anyone else who does read the rest of the thread comments correcting it! 

emmajones1976

PZ19 said:

rp1974 said:

QrizB said:

Deleted_User said:

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

How/why are many,many people still not getting this?.
I despair every time it's asked,my heart sinks when it's got to be explained,yet again.

Far from being the sharpest tool in the box myself,how hard can it be?.
Full disclosure my bills are well under the cap,so not personally affected by it.

It’s because it’s the way it’s explained in the media, always say price cap of £1200 odd, people think won’t have to pay more than £1200, which is very very wrong, a lot of people going to have shock when those bills roll in and direct debits increase massively.  Not everyone is as savvy as the people that use these forums regularly.  Sad truth is majority of people don’t take too much notice, just think they pay whatever their direct debit is each month and that’s it

We see it all the time on this forum, people thinking their monthly Direct Debit covers all their electric and gas use no matter how much they use, and are surprised when it happens to increase.

I actually think schools should cover stuff like this. Simple life skills. As far as I know they dont, they certainly didnt to me.

Effician

emmajones1976 said:

PZ19 said:

rp1974 said:

QrizB said:

Deleted_User said:

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

How/why are many,many people still not getting this?.
I despair every time it's asked,my heart sinks when it's got to be explained,yet again.

Far from being the sharpest tool in the box myself,how hard can it be?.
Full disclosure my bills are well under the cap,so not personally affected by it.

It’s because it’s the way it’s explained in the media, always say price cap of £1200 odd, people think won’t have to pay more than £1200, which is very very wrong, a lot of people going to have shock when those bills roll in and direct debits increase massively.  Not everyone is as savvy as the people that use these forums regularly.  Sad truth is majority of people don’t take too much notice, just think they pay whatever their direct debit is each month and that’s it

We see it all the time on this forum, people thinking their monthly Direct Debit covers all their electric and gas use no matter how much they use, and are surprised when it happens to increase.

I actually think schools should cover stuff like this. Simple life skills. As far as I know they dont, they certainly didnt to me.

You mean, maths.

emmajones1976

Effician said:

emmajones1976 said:

PZ19 said:

rp1974 said:

QrizB said:

Deleted_User said:

So you are saying that there is a cap on KWh price? 

Yes. There's a brief explantion of how the price cap works in Cardew's thread here:

https://forums.moneysavingexpert.com/discussion/6302364/standard-variable-tariff-svt

How/why are many,many people still not getting this?.
I despair every time it's asked,my heart sinks when it's got to be explained,yet again.

Far from being the sharpest tool in the box myself,how hard can it be?.
Full disclosure my bills are well under the cap,so not personally affected by it.

It’s because it’s the way it’s explained in the media, always say price cap of £1200 odd, people think won’t have to pay more than £1200, which is very very wrong, a lot of people going to have shock when those bills roll in and direct debits increase massively.  Not everyone is as savvy as the people that use these forums regularly.  Sad truth is majority of people don’t take too much notice, just think they pay whatever their direct debit is each month and that’s it

We see it all the time on this forum, people thinking their monthly Direct Debit covers all their electric and gas use no matter how much they use, and are surprised when it happens to increase.

I actually think schools should cover stuff like this. Simple life skills. As far as I know they dont, they certainly didnt to me.

You mean, maths.

Whatever you call it, maybe "Common Sense 101". You have people posting on here who have no idea how or when to read a meter, and such. All part and parcel of being an adult and renting/owning a property, and its something as far as I am aware is never covered in school.

DiseasedBunny

There should be a first time buyers/first time renters pack with that sort of information in it