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Current Price Cap (as of April 2022)

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  • Sea_Shell
    Sea_Shell Posts: 10,017 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    I've just remembered this thread.

    How's it looking for you @Deleted_User

    I've just been looking at my spreadsheet of usage costs for V12 vs April 22 cap, and we have "overpaid" up to 1st October by £40.

    This cap remains just under the new capped cap, so hopefully we'll both be breaking even on our decision by the time our fixes end.    I'll post up my "break even" date, when (if) i get to it!!  ;)
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Sea_Shell said:
    I've just remembered this thread.

    How's it looking for you @Deleted_User

    I've just been looking at my spreadsheet of usage costs for V12 vs April 22 cap, and we have "overpaid" up to 1st October by £40.

    This cap remains just under the new capped cap, so hopefully we'll both be breaking even on our decision by the time our fixes end.    I'll post up my "break even" date, when (if) i get to it!!  ;)


    Haven't been on the Forums for a while, but caught your message at the weekend - good to hear from you.

    So, same comparison as yourself, and I've overpaid by £54 (rounded-up) which I can live with :)

    Will have to wait and see what the future holds!!

    (P.S.  Still waiting on accurate tariff figures for the new October Price Cap so that I can plug them into my spreadsheet, but E.ON Next are so slowwwww  :( )

  • Sea_Shell
    Sea_Shell Posts: 10,017 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Sea_Shell said:
    I've just remembered this thread.

    How's it looking for you @Deleted_User

    I've just been looking at my spreadsheet of usage costs for V12 vs April 22 cap, and we have "overpaid" up to 1st October by £40.

    This cap remains just under the new capped cap, so hopefully we'll both be breaking even on our decision by the time our fixes end.    I'll post up my "break even" date, when (if) i get to it!!  ;)


    Haven't been on the Forums for a while, but caught your message at the weekend - good to hear from you.

    So, same comparison as yourself, and I've overpaid by £54 (rounded-up) which I can live with :)

    Will have to wait and see what the future holds!!

    (P.S.  Still waiting on accurate tariff figures for the new October Price Cap so that I can plug them into my spreadsheet, but E.ON Next are so slowwwww  :( )


    There's a regional breakdown here, if it helps.

    https://www.moneysavingexpert.com/utilities/what-are-the-price-cap-unit-rates-/#dd
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Sea_Shell
    Sea_Shell Posts: 10,017 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Morning @Deleted_User

    How's it going.    Have you broken even yet?

    We're now within £4 of our break even point, and so I think we'll be there in about another weeks time, depending on the weather. 


    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Sea_Shell
    Sea_Shell Posts: 10,017 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    As the cold weather continued, we've just hit our break even point with Eon Next V12 versus the Ofgem October cap.   We're 3p up on the deal, as of this morning.

    It will be interesting to see what the total difference will be come April, and then we get thrown back in the pot with everyone else.

    For us V12 is looking like its going to cost ~£1510 annually
    The current October cap ~ £1670
    and the April 23 cap ~ £2025*

    Electricity - 1521 kwhs
    Gas - 8786 kwhs
    Estimates as per last bill (1/11/22), which are slightly above our actual usage over the last 12 months to 1/11/22 of 1470/7700, so we may come in slightly under those figures.

    *Based on the rates we think they're going to be.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
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