Standing charges and unit rates not inline with the price cap

Jibber123

Next silly question is if the unit rates and standing charges are variable for dual rate users it may still be worth us switching but non of the switch websites are working due to the current situation and if you go to the individual energy suppliers the websites all say no alternative tariffs are currently available so how are we suppose to see if its worth switching. Do I have to ring all the suppliers individually to get the rates?

Jibber123

I've just tried to ring 3 suppliers. 1st just kept ringing, one picked up and lead me on a wild goose chase of an automated phone systems at the end of which I was told they couldn't help and ended the call and the 3rd answered in 3 rings and told me their systems was down and I'd need to ring back on Tuesday. I really do feel the world is genuinely broken!

MWT

Jibber123 said:

All in all I think their over charging me £105.37 a year, but I might be wrong!

Quite probably...

From the looks of what you've posted, you are in the Eastern region and you are on a standard credit account and not a Direct Debit account... is that right?

If so then your numbers in the first post are shown without VAT which gives you the following for your standing charges:

Gas £0,.305 x 365 = £111.33 against the Ofgem cap of £111.35

... add in 12,000kWh of gas which is what Ofgem use for the cap and you get...

12,000 x £0.07367 = £884.04 +£111.33 = £995.37 against the Ofgem cap of £995.43

Let me know if I've got the billing method and region right and I'll run the numbers for your electricity...

macman

Jibber123 said:

Next silly question is if the unit rates and standing charges are variable for dual rate users it may still be worth us switching but non of the switch websites are working due to the current situation and if you go to the individual energy suppliers the websites all say no alternative tariffs are currently available so how are we suppose to see if its worth switching. Do I have to ring all the suppliers individually to get the rates?

There is no point in switching at present, because there are no cheap fixes, and hardly anyone is taking new customers.
The cheapest tariff is SVT under the price cap, regardless of supplier.

Spoonie_Turtle

If I'm understanding correctly, you want to compare E7 tariffs?  Try googling '{supplier} tariffs' and finding your way to a page where you put your postcode in to show you what is/was available there.

I know Octopus' page is https://octopus.energy/tariffs/ (don't press 'get a quote') but some of the other suppliers make it a bit more difficult.  You'd need to find the newest flexible/variable version.

Most suppliers aren't taking on new customers though, but I can understand wanting to know anyway for E7 as that's the one that can vary.

pochase

macman said:

Jibber123 said:

Next silly question is if the unit rates and standing charges are variable for dual rate users it may still be worth us switching but non of the switch websites are working due to the current situation and if you go to the individual energy suppliers the websites all say no alternative tariffs are currently available so how are we suppose to see if its worth switching. Do I have to ring all the suppliers individually to get the rates?

There is no point in switching at present, because there are no cheap fixes, and hardly anyone is taking new customers.
The cheapest tariff is SVT under the price cap, regardless of supplier.

There is a point of switching for an E7 customer, as the day and night rates are set differently by the suppliers.

Some have lower night rates, with higher day rates. Others might almost even out the two rates with just a few pence between the rates. So if I would be able to switch I could look which supplier has rates that fits my own consumption best.

Unfortunately the problem is that almost no supplier takes on new customers. EDF and Octopus seem to be the only ones that might let you join if you call them (repeatedly if you are not lucky the first time).

Here are the rates for EDF

https://www.edfenergy.com/sites/default/files/r505_deemed_rate_card.pdf?utm_source=awin&utm_medium=affiliate&utm_campaign=bau&utm_affiliate=181013&awc=1887_1661614553_528f449580260cbbe923e0369a1d36f7

Jibber123

EDF seem comparable to Scottish power maybe £50 a year saving so might still be worth a switch. Octopus are quoting 55p/kWh for electric currently on a flexible not fixed rate which seems really high, I thought these prices are meant to be capped?

Jibber123

MWT said:

Jibber123 said:

All in all I think their over charging me £105.37 a year, but I might be wrong!

Quite probably...

From the looks of what you've posted, you are in the Eastern region and you are on a standard credit account and not a Direct Debit account... is that right?

If so then your numbers in the first post are shown without VAT which gives you the following for your standing charges:

Gas £0,.305 x 365 = £111.33 against the Ofgem cap of £111.35

... add in 12,000kWh of gas which is what Ofgem use for the cap and you get...

12,000 x £0.07367 = £884.04 +£111.33 = £995.37 against the Ofgem cap of £995.43

Let me know if I've got the billing method and region right and I'll run the numbers for your electricity...

MWT thanks that would be great. Yes I'm in the Eastern region and I pay on receipt of the bill quarterly or PAYG, as that was the cheapest they could offer me as they insisted on putting my DD up to nearly £500 a month despite the fact I would only spend just over £3000 at the new prices.

pochase

The 55p you are quoting is not the SVT, it is Octopus tracker so they can charge what they want here. And it is a flexible rate, but fixed for a year.

The SVT for my region is

Spoonie_Turtle

This is flexible Octopus (the SVT) for Eastern England

Jibber123 said:

MWT said:

Jibber123 said:

All in all I think their over charging me £105.37 a year, but I might be wrong!

Quite probably...

From the looks of what you've posted, you are in the Eastern region and you are on a standard credit account and not a Direct Debit account... is that right?

If so then your numbers in the first post are shown without VAT which gives you the following for your standing charges:

Gas £0,.305 x 365 = £111.33 against the Ofgem cap of £111.35

... add in 12,000kWh of gas which is what Ofgem use for the cap and you get...

12,000 x £0.07367 = £884.04 +£111.33 = £995.37 against the Ofgem cap of £995.43

Let me know if I've got the billing method and region right and I'll run the numbers for your electricity...

MWT thanks that would be great. Yes I'm in the Eastern region and I pay on receipt of the bill quarterly or PAYG, as that was the cheapest they could offer me as they insisted on putting my DD up to nearly £500 a month despite the fact I would only spend just over £3000 at the new prices.

Some suppliers offer variable Direct Debit, which is paying the whole amount of the bill but with the Direct Debit discount (if they're a supplier that charge more for non-DD payments.  Octopus don't, incidentally).