📨 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
18687899192161

Comments

  • pochase said:
    I currently pay £80 a month (electric only) and Scottish Power are offering me a fix of £136 over 2 years. Worth it?

    Standing charge
    56.33p
    Primary unit rate
    51.93p
    Exit fee
    £150.00
    Depending how far you are prepared to gamble on the current predictions it is not unreasonable in the longer run and might be cheaper starting in January. you need to do your calculations how much energy you use in each quarter to see how much you will save/lose for that quarter and what the overall is.


    BUT
    The Scottish power is a flexi rather than a fix.
    But I cannot find what that will really mean.
    The cost of fuel is fixed but they say there are variable costs that they may pass on to the customer. 
    Is this meaning the standing charge will shoot up and the SP customer just has to cope.
  • Alnat1
    Alnat1 Posts: 3,879 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Scottish Power's Flexi is their SVT capped tariff and will go up on 1st Oct
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) Lux 3.6kw hybrid inverter installed Mar 22 and 9.6kw Pylontech battery 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Scottish Power has/had both, fixed and flexi tariff, and a mix of of both their 1 or 2 Flexi price tariff.

    For the last part of it is fixed while the components listed here can change. I believe that is what you ask.

    https://www.scottishpower.co.uk/flexi

    Otherwise if somebody gives us the information he has been offered a fixed tariff, we jus thave to take for granted that it is really a fix.  :)
  • NannaH
    NannaH Posts: 570 Forumite
    500 Posts First Anniversary Name Dropper
    Given that there is only one fixed tariff available today with British Gas - how are people being quoted different kwh prices ?? 
    Is it a different rate in different areas?  
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Each region has different standing charges and unit rates.
  • Max68
    Max68 Posts: 244 Forumite
    Third Anniversary 100 Posts Name Dropper
    Oh dear, makes last week's £250 per month look attractive!!

    Loyal Octopus 12M Fixed
    Most popular
    £291.54monthly estimate
     

    ⚡ 
    Electricity
    Daily standing charge 41.39p /day
    Unit rate 69.16p /kWh
    Early exit fee£0
    🔥 Gas
    Daily standing charge 27.22p /day
    Unit rate 18.77p /kWh
    Early exit fee£0
  • Is anyone considering the Utility Warehouse fix? I am currently on a fixed rate for 2 years with Ovo but will sadly lose this when we move house this month. With our usage (Gas & Elec) I think we will be £350 a month with the predicted 81% increase. UW would be £330 but with boiler/ home cover which I currently have with another provider. I am a bit wary of the MLM angle…
  • Stephia4
    Stephia4 Posts: 5 Forumite
    Fifth Anniversary First Post
    edited 9 August 2022 at 8:09PM
    I've been offered the following today from BG.
    Moved house in Feb with no fixed options available then as a new customer...

    Price Protection v2

    Gas:
    Standing charge: 24.48p
    Unit Rate: 16.22p

    Electric:
    Standing charge: 20.11p
    Unit Rate: 58.552p

    "Tariff Guarantee: if prices go down you can move to any BG tariff at any time without paying any exit fees. That's a Promise"

    Exit Fees elsewhere: £100 per fuel

    +93% on what I'm currently paying on Standard Variable.
    Probably going to do it... but ouch ! 
  • wibbler
    wibbler Posts: 177 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Is anyone considering the Utility Warehouse fix? I am currently on a fixed rate for 2 years with Ovo but will sadly lose this when we move house this month. With our usage (Gas & Elec) I think we will be £350 a month with the predicted 81% increase. UW would be £330 but with boiler/ home cover which I currently have with another provider. I am a bit wary of the MLM angle…
    I considered UW.  To be honest, I hear lots of good things about them, and they’re not your standard MLM (or at least they have lots of positives). As a customer you don’t seem to get involved the MLM side. However if you don’t need to have the extra stuff they offer you may find a cheaper option elsewhere. 

    Coincidentally my parents are about come off the 2 year OVO, I’ll be interested in what you choose!
  • Pmatt
    Pmatt Posts: 31 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Instead of using income from our taxes to then subsidise over inflated energy prices created by the energy suppliers saying it is all caused by market forces, should our government not work with governments worldwide to control this exploitation of the world economies? It has been suggested that we could have a limited windfall tax levied on our suppliers but isn't that rather like trying to tax exploitation by thieves? Better to deal with the matter at source as the markets are in overdrive, and that is where governments should act.
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
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.