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Help regarding price cap
laemchabang
Posts: 6 Forumite
in Energy
I have been offered flexible deal with Shell. SC 25.08, UR 20.59 electric, and 26.11 SC,UR 4.05 gas.
The new price cap is 45.34 SC, UR 28.34 electric and 27.22SC and UR 7.37.
Why are they offering flexible for 20 SC under the price cap electric. And 8 UR under the price cap. Is this deal too good to be true or am I reading wrong. Or are they hoping the Oct price rise will claw more money from me?
Any help appreciated
The new price cap is 45.34 SC, UR 28.34 electric and 27.22SC and UR 7.37.
Why are they offering flexible for 20 SC under the price cap electric. And 8 UR under the price cap. Is this deal too good to be true or am I reading wrong. Or are they hoping the Oct price rise will claw more money from me?
Any help appreciated
0
Comments
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... because the new cap does not come into effect until April 1, at which point your Shell flexible tariff will increase...
2 -
Precisely as above.
Your first set of rates from now until 1st April.
Next set, may vary slightly by region, 1 April to 30 September.
Then, 1 October another increase of who knows what.0 -
Just used energy calculator and.....from 61 a month.....increase to 173 a month? There is no way I can afford that........0
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Sadly, that's what it's expected to cost.laemchabang said:Just used energy calculator and.....from 61 a month.....increase to 173 a month? There is no way I can afford that........
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop 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. 34 MWh generated, long-term average 2.6 Os.0 -
It is truly shocking, when my EDF fix ends, from July my average monthly bill will rise from £56 to £126 if the Standard Variable Tariff is still the best way to go.
That's based on actual annual usage.0 -
Last year I was paying £81.18 pm, currently £131.70 and in April £208.laemchabang said:Just used energy calculator and.....from 61 a month.....increase to 173 a month? There is no way I can afford that........
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