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

nrmsmith

Tigertailor said:

EDF have offered and I've just accepted for now but feeling really ripped off!

 Looking at what others have been offered by their companies and disgruntled at not being allowed to switch!! why is that?? I feel like it just adds to the lack of market forces competition to help keep the prices down!

Electricity 
Original Tariff:
28.29p unit standing charge 48.15p
offered: 56.82p same standing charge 

Gas 
Original tariff
7.44p  standing charge 27.22
offered Tariff
17.44p standing charge the same

Annual Usage:
Elec 6219KWh Gas 26,079KWh

Feeling sick at my estimated £698 pm DD!!!
It's going to be a long cold winter!! Glad I can knit! Jumpers all round!!! 

That is a very high annual gas consumption!! More than twice the average - might be worth looking into getting that down a bit? 

eastcorkram

nrmsmith said:

Tigertailor said:

EDF have offered and I've just accepted for now but feeling really ripped off!

 Looking at what others have been offered by their companies and disgruntled at not being allowed to switch!! why is that?? I feel like it just adds to the lack of market forces competition to help keep the prices down!

Electricity 
Original Tariff:
28.29p unit standing charge 48.15p
offered: 56.82p same standing charge 

Gas 
Original tariff
7.44p  standing charge 27.22
offered Tariff
17.44p standing charge the same

Annual Usage:
Elec 6219KWh Gas 26,079KWh

Feeling sick at my estimated £698 pm DD!!!
It's going to be a long cold winter!! Glad I can knit! Jumpers all round!!! 

That is a very high annual gas consumption!! More than twice the average - might be worth looking into getting that down a bit? 

The electricity usage is twice what ours is too.
£698pm is nuts.

alfmurph

british gas . gas only .
now 7.33 pence kwh .
standing charge 27.22 pence dailly .

offer 17.74 pence kwh .
standing charge 24.48 pence dailly .
change is £933  to £1881 .

finishes 31st october 2023 .

is offer good .

alfmurph

scottish power dd going up from £85 to £109 per month .
So adding my electric and gas i will be paying £949 and £288 which is £1237 .
meaning  £103  extra per month .
But working from home i fill the car up less to compensate i suppose .

Mstty

alfmurph said:

scottish power dd going up from £85 to £109 per month .
So adding my electric and gas i will be paying £949 and £288 which is £1237 .
meaning  £103  extra per month .
But working from home i fill the car up less to compensate i suppose .

Without the price per kWh you are being offered it's tough to even give you further information.

Except no deal SP are offering appears here

https://www.moneysavingexpert.com/utilities/-are-there-any-cheap--fixed-energy-deals-currently-worth-it--/

alfmurph

Your current tariff   Standard £932.63* Your estimated annual cost is based on your 11360kWh gas usage per year Based on paying by Direct Debit# Click here for current terms. Gas: £932.63 Standing charge: 27.220p per day Unit rate: 7.336p per kWh

Fixing your prices

 

 

Fixed Oct 23v3 £1881.16* Your estimated annual cost is based on your 11360kWh gas usage per year Based on paying by Direct Debit# Fixed price energy until 31st October 2023** Exit fees of £100.00 per fuel if you switch to another supplier. No exit fees for switching to another British Gas tariff. Click here to read tariff terms Gas: £1881.16 Standing charge: 24.480p per day Unit rate: 15.774p per kWh

This is a summary of your tariff and our suggested tariff. There are others you can choose from here.

Thanks for being with Scottish Gas, it’s great to have you with us.

Your Scottish Gas team

Doc_N

eastcorkram said:

nrmsmith said:

Tigertailor said:

EDF have offered and I've just accepted for now but feeling really ripped off!

 Looking at what others have been offered by their companies and disgruntled at not being allowed to switch!! why is that?? I feel like it just adds to the lack of market forces competition to help keep the prices down!

Electricity 
Original Tariff:
28.29p unit standing charge 48.15p
offered: 56.82p same standing charge 

Gas 
Original tariff
7.44p  standing charge 27.22
offered Tariff
17.44p standing charge the same

Annual Usage:
Elec 6219KWh Gas 26,079KWh

Feeling sick at my estimated £698 pm DD!!!
It's going to be a long cold winter!! Glad I can knit! Jumpers all round!!! 

That is a very high annual gas consumption!! More than twice the average - might be worth looking into getting that down a bit? 

The electricity usage is twice what ours is too.
£698pm is nuts.

Nuts it may be, but our usage is even higher, and that’s in a newish, energy efficient house with solar panels. Sometimes, it’s just not possible to make meaningful reductions.

alfmurph

Liz truss says temporary moratorium on the green energy levy so people are spending less of their money on fuel bills..
How would that affect people on a fixed rate .
Would bills be cut but fixed rate people not get the benefits .

SteveCooper

Mstty said:

SteveCooper said:

Mstty said:

SteveCooper said:

I have been offered 2 electricity fixed tariffs from my existing supplier who is EDF and from Octopus who are my current Gas supplier and are wanting me to go duel fuel

EDF - 2 year fixed price - £150 exit fee

40.79 p KWh
48.53 p Daily Standing charge 

Octopus - 1 year fixed price - £ nil exit fee

40.79 p KWh
48.26 p Daily stsnding charge 

Not much in the price structure just 1 year or 2 is the longer term price going to rocket further or the opposite its going to start falling ?  

Hi Steve, welcome to the forum.

Both of those come under the predicted price of electricity come October then the subsequent rise again in Jan 2023.

However no one has come to the forum with a fixed deal for electricity at that price for a long time from Octopus. Are you sure it's not more like 60p.

I was given the prices on the 13th June by email so i have a copy , i then confirmed the prices were still valid on the 12th July 

So it's been a week since you confirmed the prices with Octopus

Which did you chose as the EDF rates and octopus rates were both very similar? As you have a foot in both camps you can chose who you like best?

Hi M

i have not chosen yet ,i am away on holiday till mid next week , both similar prices but


EDF ( For ) is good price , fixed for 2 years . 

( Against ) £150 to switch away earlier , Electric bills only twice per year and smart meter install required

Octopus - ( For ) is a good price , monthly bill produced , stick with old meter , no fee to switch away 
( Against) - only a 12 month fix 

If Octopus would give me their price on a 2 year fix it would be easier to decide on them
Decisions , Decisions . 
it i leave it to long the fixes will both be withdrawn  

spot1034

alfmurph said:

Liz truss says temporary moratorium on the green energy levy so people are spending less of their money on fuel bills..
How would that affect people on a fixed rate .
Would bills be cut but fixed rate people not get the benefits .

I'm sure it would apply to all domestic tariffs. It wouldn't be acceptable to include one group of consumers but exclude others. I'd imagine the way it would be done is that tariffs wouldn't be altered but there would be a rebate per unit used which would be the same for all tariffs.