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Martin's price-cap percentage formula

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  • CyberCatK
    CyberCatK Posts: 12 Forumite
    Second Anniversary First Post
    Hello,
    Apologies to jump on this post, but I didn't want to start another one!
    Can you please tell me if this fixed rate looks ok to accept?

    Your current tariff:
    Standard Variable Tariff

    £1882.12*

    Your estimated annual cost is based on your 9910kWh gas usage and 3147.4kWh of electricity per year˜

    Based on paying by Direct Debit


    Gas: £829.43

    Standing charge:
    27.22p per day

    Unit rate:
    7.367p per kWh

     

    Electricity: £1052.69

    Standing charge:
    48.127p per day

    Unit rate:
    27.865p per kWh

    Fixing your prices:
    Price Protection v3

    £3793.88*

    Your estimated annual cost is based on your 9910kWh gas usage and 3147.4kWh of electricity per year˜

    Based on paying by Direct Debit

    Fixed price energy until 30th Sept 2023**

    Exit fees of £100.00 (including VAT) per fuel if you switch to another supplier. No exit fees for switching to another British Gas tariff.



    Gas: £1762.07

    Standing charge:
    24.48p per day

    Unit rate:
    16.879p per kWh

     

    Electricity: £2031.81

    Standing charge:
    30.319p per day

    Unit rate:
    61.039p per kWh


  • hueygeorge
    hueygeorge Posts: 213 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thanks all - much appreciated - I've signed up to it.  I'm going to try and get the DD reduced but I'll already see a £4 deduction thanks to Santander's cashback on bills.  CyberCatK- good luck with sorting yours out.
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