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What rates are you being offered by your provider at the moment?
Comments
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If that was a year it might be a shout, can’t see prices doing anything but going up until at least April. But a £300 escape clause IF they go down next years is a risk.fredsnail said:Currently on EDF standard as fixed dal ended. They are currently offering a fixed deal for 2 years with £300 early exit fee:
Electric
Unit cost 43.1p
Standing charge 48.15p
Gas
Unit cost 13.438p
Standing charge 27.22p
My monthly estimated cost is £217 (currently £150).
My gut feeling is I don't want to lock in for 2 years with so much volatility but what do you think?1 -
Eon offering two fixes.....
Next Online v17
Our most popular tariff, perfect for those who manage everything online.
Monthly cost
£203.08
Annual cost £2,436.90
- Fixed prices for 12 months.
- No exit fees.
- 100% renewable electricity.**
- Pay by Direct Debit.
and........Next 1 Year v16
Fix your prices and that positive energy feeling for 12 months.
Monthly cost
£241.54
Annual cost £2,898.43
Fixed prices for 12 months.- No exit fees.
- 100% renewable electricity.**
- Pay by Direct Debit.
I have no idea is any of these are any good but just seen a tweet frm the boss that says increase ths October is 78%. Price of gas is going up fast. Then there is the next cap increase in January 2023.I have no idea whether to fix on v17. Currently paying about £130 a month, averaged across the year, for electricity with a total annual charge of approx £1500. A potential 78% increase brings that to £2670 and the v16 offers £2436 and that will include any January increase. I think!!This is impossible to determine what to do.
0 -
There are people here who can guide, but will need real numbers, your consumption in kWh, the standing charge and the prices per kWh for gas and electricity.KenMavor said:Eon offering two fixes.....Next Online v17
Our most popular tariff, perfect for those who manage everything online.
Monthly cost
£203.08
Annual cost £2,436.90
- Fixed prices for 12 months.
- No exit fees.
- 100% renewable electricity.**
- Pay by Direct Debit.
and........Next 1 Year v16
Fix your prices and that positive energy feeling for 12 months.
Monthly cost
£241.54
Annual cost £2,898.43
- Fixed prices for 12 months.
- No exit fees.
- 100% renewable electricity.**
- Pay by Direct Debit.
I have no idea is any of these are any good but just seen a tweet frm the boss that says increase ths October is 78%. Price of gas is going up fast. Then there is the next cap increase in January 2023.I have no idea whether to fix on v17. Currently paying about £130 a month, averaged across the year, for electricity with a total annual charge of approx £1500. A potential 78% increase brings that to £2670 and the v16 offers £2436 and that will include any January increase. I think!!This is impossible to determine what to do.Without that it’s a bit like buying a car for £x per month, you don’t really know what the real price is.0 -
Keith_F said:
There are people here who can guide, but will need real numbers, your consumption in kWh, the standing charge and the prices per kWh for gas and electricity.KenMavor said:Eon offering two fixes.....Next Online v17
Our most popular tariff, perfect for those who manage everything online.
Monthly cost
£203.08
Annual cost £2,436.90
- Fixed prices for 12 months.
- No exit fees.
- 100% renewable electricity.**
- Pay by Direct Debit.
and........Next 1 Year v16
Fix your prices and that positive energy feeling for 12 months.
Monthly cost
£241.54
Annual cost £2,898.43
- Fixed prices for 12 months.
- No exit fees.
- 100% renewable electricity.**
- Pay by Direct Debit.
I have no idea is any of these are any good but just seen a tweet frm the boss that says increase ths October is 78%. Price of gas is going up fast. Then there is the next cap increase in January 2023.I have no idea whether to fix on v17. Currently paying about £130 a month, averaged across the year, for electricity with a total annual charge of approx £1500. A potential 78% increase brings that to £2670 and the v16 offers £2436 and that will include any January increase. I think!!This is impossible to determine what to do.Without that it’s a bit like buying a car for £x per month, you don’t really know what the real price is.No rush mind you as they've gone already.Did the maths and I reckon using excel.....I'd probably save 200 squid but no idea what happens in January.9th July 27.91 50.05 4600 365 £1,283.86 £182.68 £1,466.54 October 49.68 89.09 4600 365 £2,285.27 £325.17 £2,610.45 £1,143.90 £1143.90 more a year after October increase of 78%0 -
Hi I would love some advice and thoughts.
I am with EDF so have their existing customer offers avaliable (however, with the £300 early exit fee.)
I am currently paying £123 a month, my new monthly estimate would be £183 for a 2 year fix. What are peoples' thoughts and opinions on this? There is also an additional £150 bill credit offered through a promo code.0 -
My fix (£75 a month - which I will really miss!) ends at the end of the month. Would this be worth switching to? I think it has a £0 exit fee.
Loyal Octopus 12M Fixed
Electricity unit rate (standard): 44.97p/kWh
Electricity standing charge: 44.48p/day
Gas unit rate: 15.03p/kWh
Gas standing charge: 27.22p/day
Monthly cost: £181.12
Annual cost: £2,173.38
0 -
Did you see the £150 offer code?Keith_F said:
If that was a year it might be a shout, can’t see prices doing anything but going up until at least April. But a £300 escape clause IF they go down next years is a risk.fredsnail said:Currently on EDF standard as fixed dal ended. They are currently offering a fixed deal for 2 years with £300 early exit fee:
Electric
Unit cost 43.1p
Standing charge 48.15p
Gas
Unit cost 13.438p
Standing charge 27.22p
My monthly estimated cost is £217 (currently £150).
My gut feeling is I don't want to lock in for 2 years with so much volatility but what do you think?0 -
No I didn't see that.Teachertom said:
Did you see the £150 offer code?Keith_F said:
If that was a year it might be a shout, can’t see prices doing anything but going up until at least April. But a £300 escape clause IF they go down next years is a risk.fredsnail said:Currently on EDF standard as fixed dal ended. They are currently offering a fixed deal for 2 years with £300 early exit fee:
Electric
Unit cost 43.1p
Standing charge 48.15p
Gas
Unit cost 13.438p
Standing charge 27.22p
My monthly estimated cost is £217 (currently £150).
My gut feeling is I don't want to lock in for 2 years with so much volatility but what do you think?0 -
Yoda85 said:My fix (£75 a month - which I will really miss!) ends at the end of the month. Would this be worth switching to? I think it has a £0 exit fee.A week ago, we'd have said no; we were expecting the SVT to be cheaper than that through the winter.In light of today's updated forecasts, Loyal Octopus July 2022 v2 might be worth taking after all.
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.0 -
Oh poop. Do we have a breakdown of the new estimated rates?QrizB said:Yoda85 said:My fix (£75 a month - which I will really miss!) ends at the end of the month. Would this be worth switching to? I think it has a £0 exit fee.A week ago, we'd have said no; we were expecting the SVT to be cheaper than that through the winter.In light of today's updated forecasts, Loyal Octopus July 2022 v2 might be worth taking after all.0
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