Have I misunderstood the price cap? My new standard tariff is £2812.50!?

The_Fat_Controller

@diystarter7 you may not say my reply is harsh, it's the truth.

I have just answered the question posed in the title.

Ever since the cap has become relevant, Martin Lewis et al have been explaining how it works.

diystarter7

The_Fat_Controller said:

@diystarter7 you may not say my reply is harsh, it's the truth.

I have just answered the question posed in the title.

Ever since the cap has become relevant, Martin Lewis et al have been explaining how it works.

It is what it is and how I saw your response. None of the others have said anything like it. It may be the "truth" which I know it is but the delivery was in my judgement harsh and I'm standing by that.

MSE may have been on about it since it came to light but it does not mean the OP read that just like millions of others

I kindly gave you examples of people I've met, and heard about that have confused the CAP

I'm not here to argue with anyone but help and be helped, so I have nothing more to add to your post.

markin

TheMightyLlama said:

Here's the screenie from SSE. 

Always worth checking what their annual kwh usage numbers are and the actual kwh from a bill from a year ago.

EssexHebridean

The_Fat_Controller said:

@diystarter7 you may not say my reply is harsh, it's the truth.

I have just answered the question posed in the title.

Ever since the cap has become relevant, Martin Lewis et al have been explaining how it works.

You  have - this cannot be argued - but you have done it without providing even a jot of help to the OP. This is the sort of snarky posting that frequently puts newbies off on these boards, and in many cases then they simply won't return, even when help is much needed. Others have managed to be more constructive, while also making clear the answer to the question. Perhaps a case of "if you can't say anything constructive, best to stop typing and move on" otherwise you simply look like you're attempting to be clever and score points. 

OP - as others have already said you are far from the first to be confused around this point - and the media actively encourage this confusion. You've had some great assistance from others on the thread though including more reading on the subject if that helps at all, and if you have any more questions please don't be worried about asking. 

Mstty

EssexHebridean said:

The_Fat_Controller said:

@diystarter7 you may not say my reply is harsh, it's the truth.

I have just answered the question posed in the title.

Ever since the cap has become relevant, Martin Lewis et al have been explaining how it works.

You  have - this cannot be argued - but you have done it without providing even a jot of help to the OP. This is the sort of snarky posting that frequently puts newbies off on these boards, and in many cases then they simply won't return, even when help is much needed. Others have managed to be more constructive, while also making clear the answer to the question. Perhaps a case of "if you can't say anything constructive, best to stop typing and move on" otherwise you simply look like you're attempting to be clever and score points. 

OP - as others have already said you are far from the first to be confused around this point - and the media actively encourage this confusion. You've had some great assistance from others on the thread though including more reading on the subject if that helps at all, and if you have any more questions please don't be worried about asking. 

Nicely put 👍

diystarter7

EssexHebridean said:

The_Fat_Controller said:

@diystarter7 you may not say my reply is harsh, it's the truth.

I have just answered the question posed in the title.

Ever since the cap has become relevant, Martin Lewis et al have been explaining how it works.

You  have - this cannot be argued - but you have done it without providing even a jot of help to the OP. This is the sort of snarky posting that frequently puts newbies off on these boards, and in many cases then they simply won't return, even when help is much needed. Others have managed to be more constructive, while also making clear the answer to the question. Perhaps a case of "if you can't say anything constructive, best to stop typing and move on" otherwise you simply look like you're attempting to be clever and score points. 

OP - as others have already said you are far from the first to be confused around this point - and the media actively encourage this confusion. You've had some great assistance from others on the thread though including more reading on the subject if that helps at all, and if you have any more questions please don't be worried about asking. 

Many, many thanks.

CAP needs to put across as price per unit and standing charges and percentages these have gone up by.

Often, inc me understand a "cap" to be just that, the top end but its not in this case.

[Deleted User]

Hi,

OP you've got to remember that you're coming off a fix, 1 year maybe 2 years, and prices will have gone up since then, even before the 'cap' process.

pochase

But than you cannot have a headline with just a scary number like 54%.

And a price per unit and standing charge will also not work due to the regional differences. Add to that E7 and E10 tariffs with different splits between day and night, direct debit, pay by cheque and prepaid.

How many threads have you seen xxx is overcharging me, they are charging 29.2p per KWh instead of the 28p cap from Ofgem, or my xxx has a standing charge of 32p why are they overcharging me.

If you want to really give all the information required you will end up with a rate booklet that needs to be published, and that is not the sense of a newspaper article.

Also it will overwhelm 90% of the readers. 

Better would be to lead with the headline and than provide a link to detailed information, but please not the Ofgem information that is completely useless for a normal person, extremely hard to understand and forces you to calculate the unit rates yourself.

Astria

diystarter7 said:

EssexHebridean said:

The_Fat_Controller said:

@diystarter7 you may not say my reply is harsh, it's the truth.

I have just answered the question posed in the title.

Ever since the cap has become relevant, Martin Lewis et al have been explaining how it works.

You  have - this cannot be argued - but you have done it without providing even a jot of help to the OP. This is the sort of snarky posting that frequently puts newbies off on these boards, and in many cases then they simply won't return, even when help is much needed. Others have managed to be more constructive, while also making clear the answer to the question. Perhaps a case of "if you can't say anything constructive, best to stop typing and move on" otherwise you simply look like you're attempting to be clever and score points. 

OP - as others have already said you are far from the first to be confused around this point - and the media actively encourage this confusion. You've had some great assistance from others on the thread though including more reading on the subject if that helps at all, and if you have any more questions please don't be worried about asking. 

Many, many thanks.

CAP needs to put across as price per unit and standing charges and percentages these have gone up by.

Often, inc me understand a "cap" to be just that, the top end but its not in this case.

I didn't think Ofgem actually provided maximum and suggested price per unit and standing charges, but rather "For a typical usage of X, you may not charge more than Y in standing charge and Z in usage in charges per year", and not all providers will be charging the cap, so you can only put the percentage on the average.

SAC2334

pochase said:

But than you cannot have a headline with just a scary number like 54%.

And a price per unit and standing charge will also not work due to the regional differences. Add to that E7 and E10 tariffs with different splits between day and night, direct debit, pay by cheque and prepaid.

How many threads have you seen xxx is overcharging me, they are charging 29.2p per KWh instead of the 28p cap from Ofgem, or my xxx has a standing charge of 32p why are they overcharging me.

If you want to really give all the information required you will end up with a rate booklet that needs to be published, and that is not the sense of a newspaper article.

Also it will overwhelm 90% of the readers. 

Better would be to lead with the headline and than provide a link to detailed information, but please not the Ofgem information that is completely useless for a normal person, extremely hard to understand and forces you to calculate the unit rates yourself.

I disagree completely .Its far far better to drill into everyones heads the price per kwh that they are paying .

 People glaze over when I talk of kwh s in relation to forthcoming huge rises we got in April and another one due in Oct. They don t know what a kwh is or that an electric shower uses a hell of a lot of them ! 

People need to know the price of apples in the same way they have got to learn the price of a litre of fuel .

So well done that poster who told it as it is.

Martin Lewis must also be heartily sick of explaining the "average user " annual bill and this is going over the heads just as much .