New fixed deal

QrizB

Agusya said:

How do you calculate this ? Gas 12,808 kWh/yr Electricity 1,166 kWh/yr this is my annual use 

You will have a tariff with rates for gas and electricity, each with a price per kWh and a daily standing charge.

• Your annual bill for gas will be 12808 x the kWh rate, plus 365 x the daily standing charge.
• For electricity, it will be 1166 x the kWh rate plus 365 x the daily standing charge
  

If you can't do the maths in your head, most smartphones have a calculator, as does Windows, or you can type the sums into Google and it will work it out for you.

Hopefully this makes sense?

Agusya

QrizB said:

Agusya said:

How do you calculate this ? Gas 12,808 kWh/yr Electricity 1,166 kWh/yr this is my annual use 

You will have a tariff with rates for gas and electricity, each with a price per kWh and a daily standing charge.

• Your annual bill for gas will be 12808 x the kWh rate, plus 365 x the daily standing charge.
• For electricity, it will be 1166 x the kWh rate plus 365 x the daily standing charge
  

If you can't do the maths in your head, most smartphones have a calculator, as does Windows, or you can type the sums into Google and it will work it out for you.

Hopefully this makes sense?

I cant find the details for this cap, everywhere its just prices or % . I want to calculate if I should stay where I am or move to more expensive atm fixed tariff 

QrizB

Agusya said:

I cant find the details for this cap, everywhere its just prices or % .

Which details? The ones at the link in my signature?

Agusya

QrizB said:

Agusya said:

I cant find the details for this cap, everywhere its just prices or % .

Which details? The ones at the link in my signature?

yes 

Bronia80

But what about the standing charge? It’s cheaper on the fixed deal. 

QrizB

Bronia80 said:

But what about the standing charge? It’s cheaper on the fixed deal. 

What about it, exactly? I've included it in my calculations.

Bronia80

I wasn’t sure how you worked it out, 
Thankyou though. 

Bronia80

ok now I am confused, my fixed tariff has updated from an annual amount of £1678.70 monthly amount £139.89, to an annual amount of £1611.64 monthly amount £134.30, but they both still have the same standing charges and unit rates. Am I missing something here? 

facade

Bronia80 said:

ok now I am confused, my fixed tariff has updated from an annual amount of £1678.70 monthly amount £139.89, to an annual amount of £1611.64 monthly amount £134.30, but they both still have the same standing charges and unit rates. Am I missing something here? 

Are the annual usage figures still the same? These update when you have meter readings taken.

Bronia80

No just noticed my annual usage for electricity has come down, I take it it’s still not a good deal?