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Changing tariff?
Firsttimebuyer2021
Posts: 79 Forumite
in Energy
Hi everyone,
I am trying to help my mum with her energy usage and costs before i move out. She is currently on a Scottish Power - Pay as you Go tariff and has been since i believe 2008 after a divorce. Ever since she has always remained on this payment option and tariff knowing she was paying a premium for it. Now however i am trying to cut costs as best as possible and was wondering if it was the right time to go for a fix with a pay on receipt of bill before the changes on the 1st April happen?
Her breakdown details from what i can find are ;
12 month energy usage
Electric - 6,279 kWh
Gas - 11,391 kWh
Electric standing charge - 29.23p a day
Gas standing charge - 35.14p a day
Electric unit cost - 20.05p
Gas unit cost - 3.95p
Thank you in advance for any advice given!
I am trying to help my mum with her energy usage and costs before i move out. She is currently on a Scottish Power - Pay as you Go tariff and has been since i believe 2008 after a divorce. Ever since she has always remained on this payment option and tariff knowing she was paying a premium for it. Now however i am trying to cut costs as best as possible and was wondering if it was the right time to go for a fix with a pay on receipt of bill before the changes on the 1st April happen?
Her breakdown details from what i can find are ;
12 month energy usage
Electric - 6,279 kWh
Gas - 11,391 kWh
Electric standing charge - 29.23p a day
Gas standing charge - 35.14p a day
Electric unit cost - 20.05p
Gas unit cost - 3.95p
Thank you in advance for any advice given!
Mortgage Starting Balance - £158,000.00
Mortgage Outstanding - £157,271.91
Term Left - 39 Years / 10 Month
Mortgage Outstanding - £157,271.91
Term Left - 39 Years / 10 Month
0
Comments
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That looks like the variable rate, so she isnt being ripped off.1
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Yes its a variable rate, I believe she thought you paid more for being a PAYG user. is this not the case? I am just trying to work out if its going to be worth the cost for fixing the now on a different payment plan perhaps Direct Debit or Pay on receipt of the bill before everything rises or waiting patiently.emmajones1976 said:That looks like the variable rate, so she isnt being ripped off.Mortgage Starting Balance - £158,000.00
Mortgage Outstanding - £157,271.91
Term Left - 39 Years / 10 Month0 -
No it's not the case. She may get a marginally lower price by paying by DD but that's not the same as going for a fixed rateFirsttimebuyer2021 said:
Yes its a variable rate, I believe she thought you paid more for being a PAYG user. is this not the case? I am just trying to work out if its going to be worth the cost for fixing the now on a different payment plan perhaps Direct Debit or Pay on receipt of the bill before everything rises or waiting patiently.emmajones1976 said:That looks like the variable rate, so she isnt being ripped off.Remember the saying: if it looks too good to be true it almost certainly is.0 -
PAYG customers get a slightly higher standing charge but the unit rates are almost identical. She could save about 14p/day by switching to DD.Firsttimebuyer2021 said:
Yes its a variable rate, I believe she thought you paid more for being a PAYG user. is this not the case? I am just trying to work out if its going to be worth the cost for fixing the now on a different payment plan perhaps Direct Debit or Pay on receipt of the bill before everything rises or waiting patiently.emmajones1976 said:That looks like the variable rate, so she isnt being ripped off.
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.0 -
She's doing something seriously wrong: electricity more than twice the average usage, gas less than the average.Is she using an electric shower, or the immersion heater? Both are a big No-No if you have gas.Similarly, is she using any electric room heating? Electric towel rail left on permanently?0
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Electric - 6,279 kWh, The average is 3000KWh for a home with Gas, is the an electric heat somewhere, pond or you a heavy gamer?
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