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How many pence Per KW are you paying?

I've looked at our now variable tariff and it says 28.455p and 43p per day standing charge. We are with Shell.

Is this alot? What is everyone else's for comparison?

Newbie BTW so hope Post is OK.

Thank you x
Debt as of 19th Feb £0 /£6,887

Comments

  • Evan3020
    Evan3020 Posts: 204 Forumite
    100 Posts Second Anniversary
    The same as you as that's pretty much the cap
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 10 August 2022 at 2:12PM
    If it's the price cap tariff then you'll pay the same as everyone else in your region. If it's an old fix then it's pretty irrelevant to anyone else as they're not available anymore. One reason why the comparison sites aren't working at the moment. 
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Alnat1
    Alnat1 Posts: 4,142 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    @Onourwayup You are on a price capped tariff (SVT) and this is what the headlines are about. That 28p will be going up and may even double on 1st Oct.
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Alnat1 said:
    @Onourwayup You are on a price capped tariff (SVT) and this is what the headlines are about. That 28p will be going up and may even double on 1st Oct.
    Maybe not in October, but by January the predictions see it more than double, about 66p with regional differences, so for some slightly less and for others slightly more.

    Only people who are on fixed tariff will pay less, or in some cases more if they recently have taken a fixed tariff, paying more now to pay less from October.
  • uk1
    uk1 Posts: 1,862 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 10 August 2022 at 4:14PM
    I normally always get to take the wrong decision.  However last August when choosing my next contract I hovered over the two buttons one was for a 1 year  fix and for a little more a 2 year fix.  Normally being dumb and mean I’d do the wrong thing but it turns out for once I feared my inner instinct about prices and I didn’t.  My wife thought I was going bonkers when I told her “ … why don’t you do what you always do and shop around in a year …. “ - I took the higher tariff and fixed.  She is happier with me now.  :) 

    Fixed Price August 2023 Ym2 Online

    Electricity

    Price guaranteed until

    31 Aug 2023

    Unit rate

    19.47p

    Standing charge

    25.8p

    Exit fee

    Not applicable

    Tariff end date

    31 Aug 2023

    Gas

    Price guaranteed until

    31 Aug 2023

    Unit rate

    4.06p

    Standing charge

    28.2p

    Exit fee

    Not applicable

    Tariff end date

    31 Aug 2023


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