Please post your electricty unit/standing day rates

Sausages3

Hi all. After bing bounced around various suppliers etc, my gas and electric are now with SSE. Probably temporarily but lets see. I very much doubt I can switch in any meaningfull way but I reckon I can switch to company with better electricity sanding chrages at least.

If youd be kind enough to post your electricty unit rates and standing day charges below id be most grateful as obtaining this info from suppliers is impossible at the moment.

My SSE electricity unit rate is 29.35p per kWh

My SSE electricity Standing day charge is 54.10p per day

These are currently quarterly billed so not DD payments. My hunch is I can knock my electricty standing day charge down to at least 45p a day when on DD. what do you think? and please post our rates and supplier, thanks.

MWT

You can check the actual rates for your region with pretty much every supplier on their website.

Not all of them are keen to accept customers right now but checking for yourself is the best way to get figures that are applicable to your region and billing method...

Ebe_Scrooge

I've just had an email from our supplier Scottish Gas to say the prices are increasing (electricity only, no mains gas).  No surprise there, we knew it was coming.  Current unit charge per kWh 20.835, new rate 27.906.  Current standing charge 27.395 per day, new standing charge 50.055 per day.

The increase for the leccy itself I get, like I say it's been predicted for ages.  But how on earth do they justify almost doubling the standing charge????

Ultrasonic

Sausages3 said:

My SSE electricity unit rate is 29.35p per kWh

My SSE electricity Standing day charge is 54.10p per day

These are currently quarterly billed so not DD payments. My hunch is I can knock my electricty standing day charge down to at least 45p a day when on DD. what do you think? and please post our rates and supplier, thanks.

Note that for many, what they are currently paying and what they'll be paying from 1 April will be very different. As referred to above, where somebody lives will affect what they pay too.

Do I think you'll find it easy to find a tariff you can move to now with a standing charge of 45p or less? Probably not but all you can do is check. The tariffs others are on mostly won't be available to you now.

MWT

Ebe_Scrooge said:

The increase for the leccy itself I get, like I say it's been predicted for ages.  But how on earth do they justify almost doubling the standing charge????

This is being asked several times a day so you'll see a lot of answers in other threads, but in short, the majority of the increase in the electricity standing charge is the first part of the recovery of the costs of the Supplier of Last Resort scheme which comes from all the supplier failures over the past few months...

QrizB

Ebe_Scrooge said:

The increase for the leccy itself I get, like I say it's been predicted for ages.  But how on earth do they justify almost doubling the standing charge????

There are several threads that answer this question.

The standing charge is just another element of your bill.

OP you'll find the April capped rates at the link in my signature. Essentially all suppliers will be charging those rates.

EssexHebridean

OP - your post suggests that those are the rates you are paying right now - and if that's the case, it sounds as though you've been put onto a fixed tariff - is that the case?  (if those are the rates from April 1st you've given, then they're closer to what we'd expect to see on a variable tariff, but look like perhaps you're paying by a means other than by Direct debit - I believe there is a saving to be made there right away if that is your situation.) 

nannytone_2

I can post my rates but they are meaningless unless our circumstances are the same.
I fixed in August last year with British gas until 31 March 2024 (ridiculously lucky I know)
I'm paying 18p kwh and 17.5p standing charge.

Those rates are long gone
kwh

Sausages3

EssexHebridean said:

OP - your post suggests that those are the rates you are paying right now - and if that's the case, it sounds as though you've been put onto a fixed tariff - is that the case?  (if those are the rates from April 1st you've given, then they're closer to what we'd expect to see on a variable tariff, but look like perhaps you're paying by a means other than by Direct debit - I believe there is a saving to be made there right away if that is your situation.) 

Hi EssexH,  These are my current unit rates and standing charges for electricity on basic quarterly billing. This is not a fixed tariff etc.

As you suspected after speaking to SSE it seems I can reduce these rates to  27.86p per kWh and a standing rate of 48.13p per day if I move to quarterly DD billing - thats a saving i will take. The problem is signing up to the DD as the website only allows me to join on a monthly DD which I wont do as the savings are always outdone by the hundreds of pounds over spend that occurs every year for me.

These SSE rates are what im paying after April 1st 2022 on the std variable tarrif for Quarterly billing

Arrianna

I’m with Octopus (electricity). 

My fix rate of 15.12p/kWh & standing daily charge of 19.88p/day has come to an end so I’m now on their variable rate of 20.58/kWh & standing daily charge of 23.30p/day. This will of course go up in April. Rates include VAT

FYI Their fixed tariff with no exit fee is 37.25p/kWh & a daily standing charge of 23.30p/ day. 

jobdone1

Since my electric going bust in October, I was on 14p a unit, now on the cap from last October and due to rise to 29,8p I'm sick of it. Oh and a pay.freeze since 2019 so going well.