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4x increase in monthly direct debit - is this right?

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  • Charlongo
    Charlongo Posts: 12 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    pochase said:
    Charlongo said:
    Ok so I’ve got the default standard variable rates from Scottish power. Is it possible to work out approx hoe much it might be each month based on my previous usage? 

    GAS

    Exc VAT

    Standing Charge 25.92p 

    Unit Rate -6.935p 

    Inc VAT

    Standing Charge 27.22p

    Unit Rate 7.282p



    Electricity
    Exc VAT
    Standing charge -45.31p 
    Unit Rate -28.175p --- --- 

    Inc VAT
    Standing Charge 47.580p
    Unit Rate - 29.58
    Yes that is possible, but you need to give us the information how much you used the past 12 months.
    I did that previously in the thread. 

    My bill in Feb 2022 says my gas usage in the past 12 months was gas 10,470 kWh and electricity 1,825 kWh.  
  • QrizB
    QrizB Posts: 18,154 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 8 April 2022 at 8:51PM
    Charlongo said:
    I did that previously in the thread. 
    My bill in Feb 2022 says my gas usage in the past 12 months was gas 10,470 kWh and electricity 1,825 kWh.  
    On the April variable rate, that's approx. £1560/yr, £130/month.
    Which I calculated for you on the first page of the thread:
    https://forums.moneysavingexpert.com/discussion/comment/79095630/#Comment_79095630

    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill 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.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Plan for the October cap to be 25% -30% more.
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