📨 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!

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

Options
16465676970161

Comments

  • nekr0mantik
    nekr0mantik Posts: 379 Forumite
    Third Anniversary 100 Posts Name Dropper
    My new property is with EDF currently so on SVT until GE take over. 

    Just hope by mid or end 2023 other companies open to new customers so I can switch back to get good fixed if prices come down by then. 
  • Pulpdiction
    Pulpdiction Posts: 231 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Can someone tell me, if you fix on a certain tariff, is everything fixed? i.e The unit price and the Standard charge for the length of the contract?

    With GEUK i am being offered: 
    Electricity: 48.12p SC and 38.20p per kwh @ 1976 units = £930.46 yearly. / Gas: 31.31p SC and 11.75p per kwh @ 8000 units annual = £1054.25.  Making it £165.40 per month.

    I decided to just check my British Gas account and today I am being offered: Fixed Oct 23v1:
    Electricity: 47.247p SC and 51.591p per kwh @ 1976 units = £1,191.89 yearly. / Gas: 29.292p SC and 15.593p per kwh @ 8000 units annual = £1,353.91.  Making it £212.15per month.

    So ensuring my maths is right its a no brainer to try GEUK right?
    Interesting, I've been offered BG Fixed Oct 23v1

    Gas: SC 24.480p/day 15.115/kwh
    Electric: SC 37.901/day 49.868/kwh




  • Pulpdiction
    Pulpdiction Posts: 231 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Can't believe the evolution of prices, my recent bill showed:

    Gas:
    Jan: SC 13.854 / 2.405/kwh
    March: SC 24.879 / 3.79/kwh - this was when my fix ended
    June: SC 25.923 / 6.93/kwh - so at this point the SC had nearly doubled and the unit cost nearly tripled
    Now to fix: SC 24.480/day 15.115/kwh - so double the current rate per unit

    Electricity:

    Jan: SC 16.719 / 14.022/kwh
    March: SC 22.638 / 19.349/kwh - this was when my fix ended
    June: SC 42.619 / 26.311/kwh - so at this point the SC had nearly doubled as had unit charge
    Now to fix: SC 37.901 /day 49.868/kwh - so nearly doubling the unit price again.
  • pochase said:
    Fuming with BG but just want to check if this is worth switching over to

    Current fixed £92/Month - ends end of July
    I switched to a new fixed one (£227/month) beginning of July but it wasn't supposed to move over to this until end of July when this contract ended (was my understanding) 

    Long story short they switched me straight away. I rung them and said I should be on old tariff for the remainder of July, At which point he said I will switch you back then until end of July. I questioned 3 times I can still go to this new fixed deal at end of July he said yes.

    Having phoned today I am now told this tariff isn't available now. I said but I confirmed I wanted it at beginning of July, I just didn't want to switch and pay extra for a whole of the month.

    So now the best they can offer is £297 a month 3 times more than currently paying

    Is this worth fixing for a year does anyone know? Here's how the £3513 a year breaks down unit costs

    Unit gas 15.1p/kwh

    Unit elect 51p/kwh

    Standing 51p& 24p

    I am so confused by all of this

    Thanks in advance 




    The new offered fixed tariff is far more expensive than the predicted SVT and most likely not worth it.

    Do you have any proof that they have given you wrong information, for example what did the confirmation of the tariff change say when the tariff will start?
    Unfortunately no proof. I asked him 3 times on the phone he assured me the tarrif would still be there 

    I'm just gutted that for the sake of not paying about £60 more for 1 month, I am now faced with nearly £200 more a month than current rate. 


  • twinklelittlestar
    twinklelittlestar Posts: 235 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 23 July 2022 at 4:33PM
    Can someone tell me, if you fix on a certain tariff, is everything fixed? i.e The unit price and the Standard charge for the length of the contract?

    With GEUK i am being offered: 
    Electricity: 48.12p SC and 38.20p per kwh @ 1976 units = £930.46 yearly. / Gas: 31.31p SC and 11.75p per kwh @ 8000 units annual = £1054.25.  Making it £165.40 per month.

    I decided to just check my British Gas account and today I am being offered: Fixed Oct 23v1:
    Electricity: 47.247p SC and 51.591p per kwh @ 1976 units = £1,191.89 yearly. / Gas: 29.292p SC and 15.593p per kwh @ 8000 units annual = £1,353.91.  Making it £212.15per month.

    So ensuring my maths is right its a no brainer to try GEUK right?
    Interesting, I've been offered BG Fixed Oct 23v1

    Gas: SC 24.480p/day 15.115/kwh
    Electric: SC 37.901/day 49.868/kwh




    I dont get this at all. I have been offered BG fixed Oct 23 v1 too at these rates 

    Unit gas 15.1p/kwh

    Unit elect 51p/kwh

    Standing charges  51 +24

    I thought the rates were the rates for that plan. The only way I thought it could vary was in what you actually used

    Does anyone know what the max cap is that it can rise to?

    I'm wondering whether at the rates for this fixed one I am better doing nothing and going to standard variable tarrif but obviously a gamble. Currently these rates for variable one:

    Gas: £972.06
    Standing charge:
    27.220p per day
    Unit rate:
    7.344p per kWh
    Electricity: £1040.71
    Standing charge:
    37.918p per day
    Unit rate:
    29.240p per kWh

     




  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,349 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Can someone tell me, if you fix on a certain tariff, is everything fixed? i.e The unit price and the Standard charge for the length of the contract?

    With GEUK i am being offered: 
    Electricity: 48.12p SC and 38.20p per kwh @ 1976 units = £930.46 yearly. / Gas: 31.31p SC and 11.75p per kwh @ 8000 units annual = £1054.25.  Making it £165.40 per month.

    I decided to just check my British Gas account and today I am being offered: Fixed Oct 23v1:
    Electricity: 47.247p SC and 51.591p per kwh @ 1976 units = £1,191.89 yearly. / Gas: 29.292p SC and 15.593p per kwh @ 8000 units annual = £1,353.91.  Making it £212.15per month.

    So ensuring my maths is right its a no brainer to try GEUK right?
    Interesting, I've been offered BG Fixed Oct 23v1

    Gas: SC 24.480p/day 15.115/kwh
    Electric: SC 37.901/day 49.868/kwh




    I dont get this at all. I have been offered BG fixed Oct 23 v1 too at these rates 

    Unit gas 15.1p/kwh

    Unit elect 51p/kwh

    Standing charges  51 +24

    I thought the rates were the rates for that plan. The only way I thought it could vary was in what you actually used

    Does anyone know what the max cap is that it can rise to?

    Probably regional variation.

    There is no cap to how much suppliers can charge on fixed tariffs, the customers choose whether to accept those rates or not.  (Outfox The Market have been offering fixes at over 60p/kWh for electricity!)  The cap only applies to the standard variable tariff, which is the default tariff, e.g at the end of fixes, moving into a new property, etc.
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Can someone tell me, if you fix on a certain tariff, is everything fixed? i.e The unit price and the Standard charge for the length of the contract?

    With GEUK i am being offered: 
    Electricity: 48.12p SC and 38.20p per kwh @ 1976 units = £930.46 yearly. / Gas: 31.31p SC and 11.75p per kwh @ 8000 units annual = £1054.25.  Making it £165.40 per month.

    I decided to just check my British Gas account and today I am being offered: Fixed Oct 23v1:
    Electricity: 47.247p SC and 51.591p per kwh @ 1976 units = £1,191.89 yearly. / Gas: 29.292p SC and 15.593p per kwh @ 8000 units annual = £1,353.91.  Making it £212.15per month.

    So ensuring my maths is right its a no brainer to try GEUK right?
    Interesting, I've been offered BG Fixed Oct 23v1

    Gas: SC 24.480p/day 15.115/kwh
    Electric: SC 37.901/day 49.868/kwh




    I dont get this at all. I have been offered BG fixed Oct 23 v1 too at these rates 

    Unit gas 15.1p/kwh

    Unit elect 51p/kwh

    Standing charges  51 +24

    I thought the rates were the rates for that plan. The only way I thought it could vary was in what you actually used

    Does anyone know what the max cap is that it can rise to?

    I'm wondering whether at the rates for this fixed one I am better doing nothing and going to standard variable tarrif but obviously a gamble. Currently these rates for variable one:

    Gas: £972.06
    Standing charge:
    27.220p per day
    Unit rate:
    7.344p per kWh
    Electricity: £1040.71
    Standing charge:
    37.918p per day
    Unit rate:
    29.240p per kWh

     




    I will continue to advise people to consider the sparkling tariff from greenenergyuk it really is the only reasonable switch and fix option available now.

    https://www.greenenergyuk.com/


  • Doc_N
    Doc_N Posts: 8,549 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Mstty said:
    Can someone tell me, if you fix on a certain tariff, is everything fixed? i.e The unit price and the Standard charge for the length of the contract?

    With GEUK i am being offered: 
    Electricity: 48.12p SC and 38.20p per kwh @ 1976 units = £930.46 yearly. / Gas: 31.31p SC and 11.75p per kwh @ 8000 units annual = £1054.25.  Making it £165.40 per month.

    I decided to just check my British Gas account and today I am being offered: Fixed Oct 23v1:
    Electricity: 47.247p SC and 51.591p per kwh @ 1976 units = £1,191.89 yearly. / Gas: 29.292p SC and 15.593p per kwh @ 8000 units annual = £1,353.91.  Making it £212.15per month.

    So ensuring my maths is right its a no brainer to try GEUK right?
    Interesting, I've been offered BG Fixed Oct 23v1

    Gas: SC 24.480p/day 15.115/kwh
    Electric: SC 37.901/day 49.868/kwh




    I dont get this at all. I have been offered BG fixed Oct 23 v1 too at these rates 

    Unit gas 15.1p/kwh

    Unit elect 51p/kwh

    Standing charges  51 +24

    I thought the rates were the rates for that plan. The only way I thought it could vary was in what you actually used

    Does anyone know what the max cap is that it can rise to?

    I'm wondering whether at the rates for this fixed one I am better doing nothing and going to standard variable tarrif but obviously a gamble. Currently these rates for variable one:

    Gas: £972.06
    Standing charge:
    27.220p per day
    Unit rate:
    7.344p per kWh
    Electricity: £1040.71
    Standing charge:
    37.918p per day
    Unit rate:
    29.240p per kWh

     




    I will continue to advise people to consider the sparkling tariff from greenenergyuk it really is the only reasonable switch and fix option available now.

    https://www.greenenergyuk.com/


    Been there before I’m afraid with other companies offering prices that looked competitive. They were indeed competitive - too competitive, and those companies subsequently went under. Not much point in a competitive deal if the company goes under, and many have done.
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 24 July 2022 at 6:50AM
    Doc_N said:
    Mstty said:
    Can someone tell me, if you fix on a certain tariff, is everything fixed? i.e The unit price and the Standard charge for the length of the contract?

    With GEUK i am being offered: 
    Electricity: 48.12p SC and 38.20p per kwh @ 1976 units = £930.46 yearly. / Gas: 31.31p SC and 11.75p per kwh @ 8000 units annual = £1054.25.  Making it £165.40 per month.

    I decided to just check my British Gas account and today I am being offered: Fixed Oct 23v1:
    Electricity: 47.247p SC and 51.591p per kwh @ 1976 units = £1,191.89 yearly. / Gas: 29.292p SC and 15.593p per kwh @ 8000 units annual = £1,353.91.  Making it £212.15per month.

    So ensuring my maths is right its a no brainer to try GEUK right?
    Interesting, I've been offered BG Fixed Oct 23v1

    Gas: SC 24.480p/day 15.115/kwh
    Electric: SC 37.901/day 49.868/kwh




    I dont get this at all. I have been offered BG fixed Oct 23 v1 too at these rates 

    Unit gas 15.1p/kwh

    Unit elect 51p/kwh

    Standing charges  51 +24

    I thought the rates were the rates for that plan. The only way I thought it could vary was in what you actually used

    Does anyone know what the max cap is that it can rise to?

    I'm wondering whether at the rates for this fixed one I am better doing nothing and going to standard variable tarrif but obviously a gamble. Currently these rates for variable one:

    Gas: £972.06
    Standing charge:
    27.220p per day
    Unit rate:
    7.344p per kWh
    Electricity: £1040.71
    Standing charge:
    37.918p per day
    Unit rate:
    29.240p per kWh

     




    I will continue to advise people to consider the sparkling tariff from greenenergyuk it really is the only reasonable switch and fix option available now.

    https://www.greenenergyuk.com/


    Been there before I’m afraid with other companies offering prices that looked competitive. They were indeed competitive - too competitive, and those companies subsequently went under. Not much point in a competitive deal if the company goes under, and many have done.
    Have you researched their history, when they started and financials?

    Founded 2001, not like our recent bust supplier Symbio founded 2019 and all the others with very little history that failed.

    If we go all doom and gloom if they last til the end of November most people would break even. If they last longer it's a win. (Extreme scenario just to make a point)
  • I'm looking at fixing with Green Energy UK. Its quoting £170 a month, much cheaper than what we've been offered by British Gas, but when I go through to sign up it says they operate Variable Direct Debits. When you sign up is there an option to change this? I'd rather spread it equally through the year than be out of pocket in winter.
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
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K 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.