We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

My energy bill going up by over 100%

13

Comments

  • QrizB
    QrizB Posts: 20,095 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Verdigris said:
    The SVT is far cheaper than that tariff.
    There are no standard variable rate tarrifs on offer 
    Yes there are. Read the replies.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • EssexHebridean
    EssexHebridean Posts: 24,917 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Jedigirl - think about it as if you were going down a ski-slope. it just keeps going on and on and a short distance ahead of you the colour of the surface changes from blue (your current fixed rate) to green (the standard variable tariff that is the default)....but your energy provider has offered you the chance of paying a bit more money than you need to and is giving you a ski-lift to grab hold of if you'd like to take that option. If you choose to not grab hold of that ski-lift, then all that happens is you transition smoothly from the blue surface (your fix) to the green one (the SVR). You don't have to do ANYTHING apart from not grabbing hold of the ski-lift. Your costs will still increase, but not by as much as if you took the ski-lift option.
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    Balance as at 31/08/25 = £ 95,450.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • Thanks for all the replies and advice - very helpful. Sorry for the repeated comment on  there being no SVT - my mobile wasn't updating my replies. 
  • 400ixl
    400ixl Posts: 4,482 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Have a read of this: https://www.scottishpower.co.uk/blog/price-cap

    Especially the line which says "If you’re on one of our fixed price tariffs, your prices will be protected for the duration of your tariff. Once your tariff comes to an end, you’ll move to our default tariff unless you choose another of our fixed price tariffs or switch supplier."

    So as people have said if you do nothing you will move to their standard tariff.

  • wild666
    wild666 Posts: 2,181 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I am a below average energy user. Annual bill around £1150 or around £80 a month for duel fuel with Scottish Power. If the price increase is 54% or around £700 a year why is my new tarrif set at £185 a month? Over double what I pay now… and an annual increase of £1200. Can anyone explain? I’m out of the house for around 12 hours a day as well! 
    The only way to decrease energy usage is to turn off everything that's not in use, the exceptions being the fridge, freezer and router, do you really want multiple items in a room telling you the time i.e. the microwave and cooker or a STB. Unplug charging leads when the item has finished charging the appliance. The kids might not like the Xbox or PS5 being turned off at the socket  but they will get used to it eventually. Turn down the thermostat to between 18 & 20 degrees and lower the combi boiler settings to 50 degrees for hot water and 55 degrees for heating, personally I put mine to 50 degrees.  
    Someone please tell me what money is
  • Carrot007
    Carrot007 Posts: 4,534 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 7 February 2022 at 4:12PM
    wild666 said:

    The only way to decrease energy usage is to turn off everything that's not in use, the exceptions being the fridge, freezer and router, do you really want multiple items in a room telling you the time i.e. the microwave and cooker or a STB. Unplug charging leads when the item has finished charging the appliance. The kids might not like the Xbox or PS5 being turned off at the socket  but they will get used to it eventually.
    OK so that's £20 a year saved. Feel free to be that person but I won't.

    wild666 said:

    Turn down the thermostat to between 18 & 20 degrees and lower the combi boiler settings to 50 degrees for hot water and 55 degrees for heating, personally I put mine to 50 degrees.  
    Thermostat will indeed have saving if you can tolerate the lowering. Hot water is not going to do anything except chage the mix of hot/cold you use, so will not save anything.

    Oh you said boiler setting so do not mean you thermostat? In that case you have just made you home heat slower and less efficient so costs more. So fails all round.
  • wild666 said:
    I am a below average energy user. Annual bill around £1150 or around £80 a month for duel fuel with Scottish Power. If the price increase is 54% or around £700 a year why is my new tarrif set at £185 a month? Over double what I pay now… and an annual increase of £1200. Can anyone explain? I’m out of the house for around 12 hours a day as well! 
    The only way to decrease energy usage is to turn off everything that's not in use, the exceptions being the fridge, freezer and router, do you really want multiple items in a room telling you the time i.e. the microwave and cooker or a STB. Unplug charging leads when the item has finished charging the appliance. The kids might not like the Xbox or PS5 being turned off at the socket  but they will get used to it eventually. Turn down the thermostat to between 18 & 20 degrees and lower the combi boiler settings to 50 degrees for hot water and 55 degrees for heating, personally I put mine to 50 degrees.  
    Pretty much already done that. Haven’t had the heating on at all. Hot water half an hour morning in and evening…. 
  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 7 February 2022 at 5:15PM
    Carrot007 said:

    Oh you said boiler setting so do not mean you thermostat? In that case you have just made you home heat slower and less efficient so costs more. So fails all round.
    wild666 mentioned both thermostat & boiler flow settings. If it's a condensing boiler then turning down the flow/return temp will slow down the rate at which the house heats but the boiler efficiency will go up (albeit by only a few %) so cost less to run .
  • Carrot007
    Carrot007 Posts: 4,534 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    BUFF said:
    Carrot007 said:

    Oh you said boiler setting so do not mean you thermostat? In that case you have just made you home heat slower and less efficient so costs more. So fails all round.
    If it's a condensing boiler then turning down the flow/return temp will slow down the rate at which the house heats but the boiler efficiency will go up (albeit by only a few %) so cost less to run .

    Which would be diffent form turning it down blindly as indicanted. It would be turning it down as it was set wrong. No reason was given.
  • badmemory
    badmemory Posts: 10,116 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Watch Martin's lips move - do nothing.  Watch his TV programme & he will say again do nothing.  Do not accept a fix -  you do not have to accept an SVR it is what you go on if you don't.  They are bouond to try to get you to accept a fix as that way they will get more cash out of you.  Again  DO NOTHING.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.3K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.