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Price hike

24

Comments

  • liz503
    liz503 Posts: 15 Forumite
    10 Posts Name Dropper
    £1222 last year £670 up till now this year. SP fixed for a year will be £330 starting 1st Sept or variable same date £180, looks like I'd be better with fixed for a year? Thanks for replying 
  • Phlik
    Phlik Posts: 1,088 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    liz503 said:
    £1222 last year £670 up till now this year. SP fixed for a year will be £330 starting 1st Sept or variable same date £180, looks like I'd be better with fixed for a year? Thanks for replying 
    Possibly, but post up the unit rates and standing charges for the fixed rate deal they are offering. Some fixed rate deals offered are very high.
  • It could be worth it, bear in mind when you were offered the deal it may now have expired now and no longer be available.

    I'm worried you keep quoting DD amounts - what are your actual unit usage figures? Do you supply regular meter reads? Are your bills accurate and are you in debt or credit?

    The DD is not an all you can eat. If you use more you will pay more (DD will raise), use less and you'll pay less (DD may reduce).
  • jimjames
    jimjames Posts: 19,165 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 28 July 2022 at 2:01PM
    liz503 said:
    £1222 last year £670 up till now this year. SP fixed for a year will be £330 starting 1st Sept or variable same date £180, looks like I'd be better with fixed for a year? Thanks for replying 
    As per previous reply you need to look at your kWh usage to get an idea and then compare the kWh rates not the DD amount
    Remember the saying: if it looks too good to be true it almost certainly is.
  • The_Fat_Controller
    The_Fat_Controller Posts: 2,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 28 July 2022 at 2:03PM
    @liz503, forget about the ££££ DD amount.

    You need to give kWh amounts for both gas and electricity along with the new and old unit rates and standing charges and one of the board members will use their magic spreadsheets to help you.

    Also, is your current DD actually covering your usage, so is your account in debit or credit ?
  • liz503
    liz503 Posts: 15 Forumite
    10 Posts Name Dropper
    Can supply this information on Monday as all info on my computer  in work thanks Liz 
  • liz503
    liz503 Posts: 15 Forumite
    10 Posts Name Dropper

    Hi my DD is in credit by £150
    kwh for 2021
    gas 10224
    elect 4078
    Old Rate Gas                             New Rate Gas 
    SC              20.550p                   SC             21.46
    Unit Rate    3.354                       Unit Rate   17.09

    Old Rate Elect                            New Rate Elect
    SC              17.310                      SC            43.88                       
    Unit Rate    16.755                     Unit Rate   51.91

    Variable Rate 
    Gas                                      Elect
    SC              40p                    SC            40P
    Unit Rate    7.7                     Unit Rate  28p  

    @The_Fat_Controller thank you
  • Robin9
    Robin9 Posts: 13,043 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    liz503 said:

    Hi my DD is in credit by £150
    kwh for 2021
    gas 10224
    elect 4078
    Old Rate Gas                             New Rate Gas 
    SC              20.550p                   SC             21.46
    Unit Rate    3.354                       Unit Rate   17.09

    Old Rate Elect                            New Rate Elect
    SC              17.310                      SC            43.88                       
    Unit Rate    16.755                     Unit Rate   51.91

    Variable Rate 
    Gas                                      Elect
    SC              40p                    SC            40P
    Unit Rate    7.7                     Unit Rate  28p  

    @The_Fat_Controller thank you
    Gas is a little below average but look closely at your high electric -   go through your property room by room and look at those big energy items -  the heaters, (electric) showers, tumble dryers.  You should be able to cut 1000 kWh off that  - and that's £300
    Never pay on an estimated bill. Always read and understand your bill
  • liz503
    liz503 Posts: 15 Forumite
    10 Posts Name Dropper
    edited 18 August 2022 at 9:09AM
    Hi, I know I've posted before about this but opened my scottish  power  account and before I've even decided what I'm doing from 1st Sept (coming of 2 Yr fix) it's went up again. In last cpl weeks (1 yr flexi price tariff on offer)it's went from £330,£390 and today's it's sitting at £470 I actually nearly fell of my chair in work. I and everyone else in the same position don't know how I'm.suppose to pay for this.For the year £5642.17  
  • GingerTim
    GingerTim Posts: 2,797 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yes, the price of fixed tariffs are increasing at an alarming rate.

    Remember that the direct debit total is only an estimate, you need to take your actual usage in kwh and the unit rates on the tariff to work out what you will actually oay over the year.
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