What rates are you being offered by your provider at the moment?

funny.money

folacks said:

SteveCooper said:

Hi M
I am away on holiday until next week , i must decide by then , my feelings are
EDF - ( For) Good price , 2 Year fix , existing supplier , well in credit 
EDF - (Against ) £150 withdrawal fee , only 2 bills per year , Smart meter install required

Octopus - ( For ) Good Price ,Monthly Bill , stick with old meter , no withdrawal fee
Octopus - ( Against) only 1 year fix 

decisions , decisions 

You can change the bill frequency. I didn't realise this until last week. 

Is that EDF you can change bill frequency? I'd love a quarterly bill,  can that be done online or need to call?

Edit - don't love any bills but you know what I mean!

si_74

funny.money said:

folacks said:

SteveCooper said:

Hi M
I am away on holiday until next week , i must decide by then , my feelings are
EDF - ( For) Good price , 2 Year fix , existing supplier , well in credit 
EDF - (Against ) £150 withdrawal fee , only 2 bills per year , Smart meter install required

Octopus - ( For ) Good Price ,Monthly Bill , stick with old meter , no withdrawal fee
Octopus - ( Against) only 1 year fix 

decisions , decisions 

You can change the bill frequency. I didn't realise this until last week. 

Is that EDF you can change bill frequency? I'd love a quarterly bill,  can that be done online or need to call?

Edit - don't love any bills but you know what I mean!

As far as I understand it if you pay by monthly direct debit, with even payments through the year, then EDF is billed every 6 months and it cannot be changed. 

pochase

The only thing you can do is to change to variable direct debit, or whole amount direct debit as EDF calls it. This will generate a monthly bill.

Problem is that you will have low bills in summer and very high bills in winter, so you need to budget yourself, instead of EDF doing it for you.

folacks

funny.money said:

folacks said:

SteveCooper said:

Hi M
I am away on holiday until next week , i must decide by then , my feelings are
EDF - ( For) Good price , 2 Year fix , existing supplier , well in credit 
EDF - (Against ) £150 withdrawal fee , only 2 bills per year , Smart meter install required

Octopus - ( For ) Good Price ,Monthly Bill , stick with old meter , no withdrawal fee
Octopus - ( Against) only 1 year fix 

decisions , decisions 

You can change the bill frequency. I didn't realise this until last week. 

Is that EDF you can change bill frequency? I'd love a quarterly bill,  can that be done online or need to call?

Edit - don't love any bills but you know what I mean!

Yes you can change to getting billed monthly, quarterly, twice a year or once a year. All the above by direct debit. And as mentioned you can have a set DB amount or varied amount based on what you use. I've just changed from once a year bill in April to monthly bills for the whole amount monthly. Also went from a variable tariff to the fixed.

pickapennyup

santakari said:

pickapennyup said:

i wouldnt bother ringing i emailed and made a complaint after they only gave me the V15 and being a customer for 25yrs
the email worked and i get a slightly lower rate but fixed for 2yrs and no exit so if prices do come down i will just change to flexi etc

my couple of posts are on here posted in the last week

ps i did ring first but said the deal i wanted was not on their system so emailed and all sorted in 24 hrs i wanted a longer fix

I have been offered the V15 so my DD goes from £69 to £258.08, I have emailled them

thats terrible i was offerred the loyalty last week,looks like i just scraped in my dd is £210 a month but have alot of credit,im going to look back and see what i pay

Tariffs

Electricity

EON Charge v3

Fixed term ends 16/08/2022

18.83 p/kWh 24.12 p/day

(All rates inc. VAT)

Electricity

Next Loyalty 24M Fixed Rate - June 2022 Issue 2

Starting on 16/08/2022

Fixed term ends 16/08/2024

41.03 p/kWh 43.39 p/day

(All rates inc. VAT)

Gas

EON Charge v3

Fixed term ends 16/08/2022

3.44 p/kWh 26.60 p/day

(All rates inc. VAT)

Gas

Next Loyalty 24M Fixed Rate - June 2022 Issue 2

Starting on 16/08/2022

Fixed term ends 16/08/2024

10.52 p/kWh 27.22 p/day

(All rates inc. VAT)

Telegraph_Sam

However hard I try I just cannot get enthusiastic about agreeing to a fixed D/D based on what someone else / the system forecasts will be my consumption over the coming 12 months. The temptation to "build in a little in reserve" is just too great.

dillydream

These are our prices, are these reasonable costs?

Nov 21 Igloo per month £241.00 ceased trading
Nov 21 E on Next per month £253.47
Apr 22  E on Next  per month £401.47 Electric standing charge £28.69 per day £21.78 kWh
                                                              Gas.     Standing charge £30.78 per day £. 4.39 kWh

Estimated costs with E on Next V16

Electric Unit price £45.34 kWh  Standing charge £43.39 per day
Gas Unit price.      £11.56 kWh  Standing charge £27.22 per day

Estimated Monthly charge £605.31.  Estimated Annual cost £7263.77
Any guidance would be appreciated 

mpt11

Current octopus loyal rates for me.

Does anyone know what the actual unit rates are likely to be come October?  To me these are a lot more than 65%. Gas is up over 100%

pochase

65% is the average increase.

You need to look at standing charges with most likely no increase, the increase for gas and the increase for electricity separately.

As you already found the increase for gas will  be more than 90%

pochase

dillydream said:

These are our prices, are these reasonable costs?

Nov 21 Igloo per month £241.00 ceased trading
Nov 21 E on Next per month £253.47
Apr 22  E on Next  per month £401.47 Electric standing charge £28.69 per day £21.78 kWh
                                                              Gas.     Standing charge £30.78 per day £. 4.39 kWh

Estimated costs with E on Next V16

Electric Unit price £45.34 kWh  Standing charge £43.39 per day
Gas Unit price.      £11.56 kWh  Standing charge £27.22 per day

Estimated Monthly charge £605.31.  Estimated Annual cost £7263.77
Any guidance would be appreciated 

I assume for most of the figures you mean p and not £.

The unit rates for April are almost for sure wrong, this seems to be the figures for the old SVT until March.

EON Next V16 is expensive for electricity, but looks good for gas.

We need your usage over a 12 month period to look into it in more detail.