British Gas charging more than the price cap?

recci

I got punted onto British Gas after the Peoples Energy went bust and so I am on the people's energy tariff. But I have noticed that I am getting charged more than the price cap. I am getting charged 29.322p per kWh and 55.696p per day standing charge for electricity and 7.727p per kWh, 32.032p per day for gas. I thought they couldn't charge you more than 28.34p per kWh and a Standing charge: 45.34p per for electricity and 7.37p per kWh Standing charge: 27.22p per day ??

If not what does the price cap actually mean?

jimjames

Price cap varies by region, have you checked what it is for your area?

Mstty

Have a look here although you may not be with EDF you can see the regional price differences for the capped rates to check if yours is broadly similar.

https://www.edfenergy.com/sites/default/files/r505_deemed_rate_card.pdf/

recci

ah i see, i am not paying direct debit but its because they mess it up and never took it for months!  I dont want to pay one single penny more than the price cap.

QrizB

There is an explanation of the price cap at the link in my signature.

The cap is higher for non-DD payments. If you're not paying by DD you will be charged that higher rate by most but not all suppliers.

MWT

recci said:

ah i see, i am not paying direct debit but its because they mess it up and never took it for months!  I dont want to pay one single penny more than the price cap.

You are not paying any more than the price cap for your region and your method of payment.

You could be paying less with DD payment method.