Energy Price Cap

Steveshrew

Hi, if the price cap for electricity is 34kwh and standing charge is 46, why have EDF said, my new tariff will be, 35-98kwh and standing charge 48-60

GingerTim

Steveshrew said:

Hi, if the price cap for electricity is 34kwh and standing charge is 46, why have EDF said, my new tariff will be, 35-98kwh and standing charge 48-60

Welcome to the forum. The cap is an average figure, the rates vary depending where you are in the country.

The_Fat_Controller

EDF have published this.

@Steveshrew I guess you are in N Taffland or Scouseland !

https://www.edfenergy.com/sites/default/files/government_energy_price_guarantee_prices._standard_variable_deemed_and_welcome._credit_meters.pdf?utm_source=awin&utm_medium=affiliate&utm_campaign=bau&utm_affiliate=181013&awc=1887_1663266055_fc4c640109e890bbd3653ebcf2efcbe6

helenm123

Spoke to my supplier - Shell energy today (12th Oct) to ask what my tariff is from 1st Oct, just told my electric standing charge is now 49.93 and not the 46 price cap? I am not in a fixed rate so why are they charging customers more (same with my mam) Are they allowed to do this?

EssexHebridean

Check what the actual details are for your area of the country - the prices for both unit cost and SC vary depending on region. 

[Deleted User]

helenm123 said:

Spoke to my supplier - Shell energy today (12th Oct) to ask what my tariff is from 1st Oct, just told my electric standing charge is now 49.93 and not the 46 price cap? I am not in a fixed rate so why are they charging customers more (same with my mam) Are they allowed to do this?

As we have already answered on your other post - you have misunderstood the price cap.

They are not overcharging you.

helenm123

Spoke to my supplier - Shell energy today (12th Oct) to ask what my tariff is from 1st Oct, just told my electric standing charge is now 49.93 and not the 46 price cap? I am not in a fixed rate so why are they charging customers more (same with my mam) Are they allowed to do this?
After a bit more investigation - Shell energy said the standing charge cap depends on the area you live in, so that is why it is more than the cap. If this is the case then what is the point of having a cap if the energy companies can charge you more and the reason is because of the area you live in. If this is the case then the gov/Ofgem need to set out a new cap based on each area as the consumer is just going to be ripped off .

[Deleted User]

helenm123 said:

Spoke to my supplier - Shell energy today (12th Oct) to ask what my tariff is from 1st Oct, just told my electric standing charge is now 49.93 and not the 46 price cap? I am not in a fixed rate so why are they charging customers more (same with my mam) Are they allowed to do this?
After a bit more investigation - Shell energy said the standing charge cap depends on the area you live in, so that is why it is more than the cap. If this is the case then what is the point of having a cap if the energy companies can charge you more and the reason is because of the area you live in. If this is the case then the gov/Ofgem need to set out a new cap based on each area as the consumer is just going to be ripped off .

Are you actually reading anyone’s answers to you?

There is a different cap in every region.  The suppliers did not decide this, the government did.

This is not secret.  This is not hidden. This is not overcharging.  This is not ripping you off.

This is how it works and has done from the start.

dunstonh

helenm123 said:

Spoke to my supplier - Shell energy today (12th Oct) to ask what my tariff is from 1st Oct, just told my electric standing charge is now 49.93 and not the 46 price cap? I am not in a fixed rate so why are they charging customers more (same with my mam) Are they allowed to do this?
After a bit more investigation - Shell energy said the standing charge cap depends on the area you live in, so that is why it is more than the cap. If this is the case then what is the point of having a cap if the energy companies can charge you more and the reason is because of the area you live in. If this is the case then the gov/Ofgem need to set out a new cap based on each area as the consumer is just going to be ripped off .

As per usual iwth the majority of rip off claims, there is no rip off.  You dont understand it and have decided that because you don't understand, it is a rip off.  You are wrong as has been pointed out to you elsewhere before you made this post. 

Spoonie_Turtle

helenm123 said:

… if the energy companies can charge you more and the reason is because of the area you live in. If this is the case then the gov/Ofgem need to set out a new cap based on each area … 

Funny you should say that, they already do …
https://www.moneysavingexpert.com/utilities/what-are-the-price-cap-unit-rates-/#accordion-content-01944182451-0