Scratching my head.

whattochoose

I have a variable green tariff  account with Outfox the Market, for electricity only. 
I checked my latest invoice today which shows my estimated annual charge at present is about £222 per annum.
Because I'm on a green tariff, I'm not sure if, or by how much, my charges will be going up in the next few months.
I qualify for the £150 Council Tax rebate, and I presume the £200 "loan" in October.
I'm probably overlooking something, but as things stand, I'm wondering if in a few months any charges I face may turn into credits into my account?
Sounds too good to be true, and, to be honest, I'm a bit confused.

QrizB

Outfox The Market's vafriable tariffs are currently set to match the current Ofgem price cap.

It seems likely that, come April, they will increase to match the new Ofgem cap.

Your £222 will consist of around £90 of standing charge plus around £132 of energy - about 630 kWh. From April the standing charge could become £150 per year, and 630kWh of energy could cost £180  - for a total of £330.

You'll then get a £200 credit in October and, if nothing else changes, your annual bill will only be £130.

whattochoose

QrizB said:

Outfox The Market's vafriable tariffs are currently set to match the current Ofgem price cap.

It seems likely that, come April, they will increase to match the new Ofgem cap.

Your £222 will consist of around £90 of standing charge plus around £132 of energy - about 630 kWh. From April the standing charge could become £150 per year, and 630kWh of energy could cost £180  - for a total of £330.

You'll then get a £200 credit in October and, if nothing else changes, your annual bill will only be £130.

Thank you for your feedback. My latest bill from Outfox shows a nil standing charge. So, I'm hoping no standing charge will be applicable from April. But, in todays world, I suppose you cannot be sure about anything.