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How to calculate the October increase?

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Comments

  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    That is absolute you own gamble, nobody here will tell you yes or no.

    Current predications are the described increase for October and a very small increase in January. There was talk about decreasing prices in April, but that is really to far off for more than a guess.

    Does the fixed tariff have exit fees and how much. If the prices really come down later can you change back to SVT without it hurting to much?


  • Noblesafe
    Noblesafe Posts: 12 Forumite
    First Anniversary Name Dropper First Post
    It has an exit fee of £75 / fuel. So I assume that's a straight £75.
  • Noblesafe
    Noblesafe Posts: 12 Forumite
    First Anniversary Name Dropper First Post
    Also, I just used your spreadsheet @pochase to do some calculations for my friends and wanted to see if I was doing it correctly.

    There gas usage is 8503 with the STV of 7.282 I worked it out as £619.19, is that correct?

    8503 x 7.282 = 61,918.846 (£619.19)
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Yes, the £619.19 are correct. Just don't forget that there is also the standing charge of £99.35 that you need to the annual cost for gas.
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