Unit price

vincent64

If the cap price is £3549 what does the cap rate on the unit price for both gas and electric come out at.

[Deleted User]

There isn't one number, it depends on region and payment type.

Ant555

vincent64 said:

If the cap price is £3549 what does the cap rate on the unit price for both gas and electric come out at.

'roughly'
Assumptions for a direct debit customer with an 'average annual usage' of 2900kWh electric and 12000kWh gas

Standing charge  - Electric 46p x 365 days = £168
Standing Charge - Gas 28p x 365 days = £102
Usage - Electric 2900 kWh x 52p = £1508
Usage - Gas 12000 kWh  x 15p = £1800

168+102+1508+1800= £3578

As I said, its a rough guide to an annual cost at a unit rate based on a fictitious energy usage but hopefully you can see how the figure is calculated.

As already mentioned, rates can vary by area and payment type - seek out your own area rates from these forums and also use your own annual usage figures in kWh and you should be fairly close to a personal projection (valid until the rates go up again of course)

Hope this helps

macman

All the rates, including regional ones. are on the main MSE site.

QrizB

Ant555 said:

Usage - Gas 12000 kWh  x 28p = £1800

Hope this helps

12000 X 28p = £3360?

The gas unit price is more like 15p/kWh.

Ant555

QrizB said:

Ant555 said:

Usage - Gas 12000 kWh  x 28p = £1800

Hope this helps

12000 X 28p = £3360?

The gas unit price is more like 15p/kWh.

Well spotted - I typed the SC rate instead of the unit rate - although I got the correct answer