What's my power going to cost me ?

MouldyOldDough

What needs doing is reducing or getting rid of standing charges
They make up over 1/3 of my bill

Mstty

That's 23.4% of your bill paid for doing nothing.

£550 off £2350

I would say that touches the side, the middle and other places we should not mention lol.

There will be more to come at least the green levy disappearing and NI reduction from Truss and probably £100 not £66 from October would be my best bet.

I hope it's not much more than that as the country is on its knees and we don't want this lasting a decade when we can all just have a rough 2 years.

QrizB

MouldyOldDough said:

What needs doing is reducing or getting rid of standing charges
They make up over 1/3 of my bill

From October, the standing charges will only be 1/5th to 1/6th of your bill

PS From reading your other posts you've got an index-linked 30-year MoD pension and are paying for Sky Q.

Aylesbury_Duck

MouldyOldDough said:

MattMattMattUK said:

MouldyOldDough said:

MattMattMattUK said:

What is your annual consumption in kWh, this information should be on your bill.

Gas 5264kWh

Electricity 1295kWh

Based on the October 2022 cap estimate your annual cost would be £1,757.02 pa / £146.42 pcm
Based on the January 2023 cap estimate your annual cost would be £2,240.14 pa / £186.68 pcm

That's a huge rise - that I will really struggle to afford 
The government is going to have to do something about the situation 

It already is doing something.  The trouble is, there is a finite source of gas, it's expensive to produce, it's in high demand and we should be burning less of it, anyway.  If government starts subsidising energy to a greater extent, we'll have to pay for it by other means, which means higher taxes.  One might argue we've become addicted to relatively cheap energy that has encouraged profligacy - how many people have lights on all over and inside their houses, have hot tubs, patio heaters, multiple TVs, enormous fridges and so on?  How many drive around alone in oversized vehicles on short journeys they could easily walk or cycle?  I'm not just talking about wealthier households, these are things that are commonplace in normal family homes all over the UK.

The solution here is less consumption.  I appreciate that many people have pared back consumption already (you have quite low consumption yourself) and there isn't much room for further reduction, but there isn't a magical solution to this that's going to make energy cheap for everyone.  Energy has been relatively cheap for a long time.  We've known about the environmental cost of using too much energy for decades, and have largely ignored it.  Now it's hitting us in the pocket it's suddenly a major problem that requires government intervention.

MouldyOldDough

QrizB said:

MouldyOldDough said:

What needs doing is reducing or getting rid of standing charges
They make up over 1/3 of my bill

From October, the standing charges will only be 1/5th to 1/6th of your bill

PS From reading your other posts you've got an index-linked 30-year MoD pension and are paying for Sky Q.

Yes a small pension (ill health) and who doesn't have sky nowadays? 

MouldyOldDough

Aylesbury_Duck said:

MouldyOldDough said:

MattMattMattUK said:

MouldyOldDough said:

MattMattMattUK said:

What is your annual consumption in kWh, this information should be on your bill.

Gas 5264kWh

Electricity 1295kWh

Based on the October 2022 cap estimate your annual cost would be £1,757.02 pa / £146.42 pcm
Based on the January 2023 cap estimate your annual cost would be £2,240.14 pa / £186.68 pcm

That's a huge rise - that I will really struggle to afford 
The government is going to have to do something about the situation 

It already is doing something.  The trouble is, there is a finite source of gas, it's expensive to produce, it's in high demand and we should be burning less of it, anyway.  If government starts subsidising energy to a greater extent, we'll have to pay for it by other means, which means higher taxes.  One might argue we've become addicted to relatively cheap energy that has encouraged profligacy - how many people have lights on all over and inside their houses, have hot tubs, patio heaters, multiple TVs, enormous fridges and so on?  How many drive around alone in oversized vehicles on short journeys they could easily walk or cycle?  I'm not just talking about wealthier households, these are things that are commonplace in normal family homes all over the UK.

The solution here is less consumption.  I appreciate that many people have pared back consumption already (you have quite low consumption yourself) and there isn't much room for further reduction, but there isn't a magical solution to this that's going to make energy cheap for everyone.  Energy has been relatively cheap for a long time.  We've known about the environmental cost of using too much energy for decades, and have largely ignored it.  Now it's hitting us in the pocket it's suddenly a major problem that requires government intervention.

OK reward those of us who don't use much gas then
I remember when electricity was 5p per unit and 2p off peak! 

sienew

MouldyOldDough said:

Aylesbury_Duck said:

MouldyOldDough said:

MattMattMattUK said:

MouldyOldDough said:

MattMattMattUK said:

What is your annual consumption in kWh, this information should be on your bill.

Gas 5264kWh

Electricity 1295kWh

Based on the October 2022 cap estimate your annual cost would be £1,757.02 pa / £146.42 pcm
Based on the January 2023 cap estimate your annual cost would be £2,240.14 pa / £186.68 pcm

That's a huge rise - that I will really struggle to afford 
The government is going to have to do something about the situation 

It already is doing something.  The trouble is, there is a finite source of gas, it's expensive to produce, it's in high demand and we should be burning less of it, anyway.  If government starts subsidising energy to a greater extent, we'll have to pay for it by other means, which means higher taxes.  One might argue we've become addicted to relatively cheap energy that has encouraged profligacy - how many people have lights on all over and inside their houses, have hot tubs, patio heaters, multiple TVs, enormous fridges and so on?  How many drive around alone in oversized vehicles on short journeys they could easily walk or cycle?  I'm not just talking about wealthier households, these are things that are commonplace in normal family homes all over the UK.

The solution here is less consumption.  I appreciate that many people have pared back consumption already (you have quite low consumption yourself) and there isn't much room for further reduction, but there isn't a magical solution to this that's going to make energy cheap for everyone.  Energy has been relatively cheap for a long time.  We've known about the environmental cost of using too much energy for decades, and have largely ignored it.  Now it's hitting us in the pocket it's suddenly a major problem that requires government intervention.

OK reward those of us who don't use much gas then 

You are already being rewarded with low bills, far lower than the average and the govt support will pay a much larger % of your bills as a result. 

Also, gas and electric are connected. Gas used to produce (some) of your electricity, especially in winter so both prices are connected.

Mstty

Actually we don't have sky that should not be seen as an essential. Everyone has it is probably an over exaggeration. 52% by a quick Google.

I would say those 52% have some wiggle room to reduce their household costs.

 

MouldyOldDough

sienew said:

MouldyOldDough said:

Aylesbury_Duck said:

MouldyOldDough said:

MattMattMattUK said:

MouldyOldDough said:

MattMattMattUK said:

What is your annual consumption in kWh, this information should be on your bill.

Gas 5264kWh

Electricity 1295kWh

Based on the October 2022 cap estimate your annual cost would be £1,757.02 pa / £146.42 pcm
Based on the January 2023 cap estimate your annual cost would be £2,240.14 pa / £186.68 pcm

That's a huge rise - that I will really struggle to afford 
The government is going to have to do something about the situation 

It already is doing something.  The trouble is, there is a finite source of gas, it's expensive to produce, it's in high demand and we should be burning less of it, anyway.  If government starts subsidising energy to a greater extent, we'll have to pay for it by other means, which means higher taxes.  One might argue we've become addicted to relatively cheap energy that has encouraged profligacy - how many people have lights on all over and inside their houses, have hot tubs, patio heaters, multiple TVs, enormous fridges and so on?  How many drive around alone in oversized vehicles on short journeys they could easily walk or cycle?  I'm not just talking about wealthier households, these are things that are commonplace in normal family homes all over the UK.

The solution here is less consumption.  I appreciate that many people have pared back consumption already (you have quite low consumption yourself) and there isn't much room for further reduction, but there isn't a magical solution to this that's going to make energy cheap for everyone.  Energy has been relatively cheap for a long time.  We've known about the environmental cost of using too much energy for decades, and have largely ignored it.  Now it's hitting us in the pocket it's suddenly a major problem that requires government intervention.

OK reward those of us who don't use much gas then 

You are already being rewarded with low bills, far lower than the average and the govt support will pay a much larger % of your bills as a result. 

Also, gas and electric are connected. Gas used to produce (some) of your electricity, especially in winter so both prices are connected.

That's because we are very careful and don't waste power
We should be rewarded for this not maligned

Believe it or not there is a reason for this....We are careful with our use of power 
Hence we should be rewarded for doing this by reduced standing charges - I mean that we pay 41p per day standng charge for electricity - the same as  someone using 10 times as much power as we use

GingerTim

Though you use less energy that doesn't mean you use any less infrastructure to get the energy to your home than a high user, so there's no good reason why you should pay less for the standing charge.

(I say this as a low user myself).