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Energy price cap freeze on a fixed tariff

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  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 29 December 2022 at 6:45PM
    Yet the BBC are saying that the government has told them it is a fixed discount and even Martin Lewis is using a BEST GUESS caveat in what he believes it all means.

    The only facts we have are contained within the BEIS factsheet. If people don't believe it is correct then so be it but there are a lot of strange assumptions being made on here just to fit people's own personal views.

    I hope that it all becomes clear soon but unless the government publishes the agreements they have made with the suppliers then this could run and run 

    In the meantime I will wait and see.
    You keep suggesting everyone else is acting as if it's certain what will happen, when we aren't.
    Incorrect. All I am saying is that certain people are making some strange assumptions to disagree with the contents of the official statement from the BEIS. Nothing more.
    I'd suggest that mostly people are reflecting conflicting information that has come to light after that 'factsheet' was last updated, which is a little different to people making their own assumptions.
    When did a factsheet for public consumption become the sole and complete documentation of a complex commercial and legislative arrangement, or the only method by which information is allowed to be released?

    Shall I wait until my personal tariff details appear on the factsheet, or is it allowable that my supplier can provide these to me?

    @deano2099 sarcasm tags noted.
    You would hope that the limited information on the 'factsheet' didn't turn out to be wrong though.
    I'd expect it to be right at the time it was published and simplified to the intended audience - like how you discover GCSE science is 'wrong' when you get to university.
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 29 December 2022 at 6:45PM
    Yet the BBC are saying that the government has told them it is a fixed discount and even Martin Lewis is using a BEST GUESS caveat in what he believes it all means.

    The only facts we have are contained within the BEIS factsheet. If people don't believe it is correct then so be it but there are a lot of strange assumptions being made on here just to fit people's own personal views.

    I hope that it all becomes clear soon but unless the government publishes the agreements they have made with the suppliers then this could run and run 

    In the meantime I will wait and see.
    You keep suggesting everyone else is acting as if it's certain what will happen, when we aren't.
    Incorrect. All I am saying is that certain people are making some strange assumptions to disagree with the contents of the official statement from the BEIS. Nothing more.
    I'd suggest that mostly people are reflecting conflicting information that has come to light after that 'factsheet' was last updated, which is a little different to people making their own assumptions.
    When did a factsheet for public consumption become the sole and complete documentation of a complex commercial and legislative arrangement, or the only method by which information is allowed to be released?

    Shall I wait until my personal tariff details appear on the factsheet, or is it allowable that my supplier can provide these to me?

    @deano2099 sarcasm tags noted.
    You would hope that the limited information on the 'factsheet' didn't turn out to be wrong though.
    I'd expect it to be right at the time it was published and simplified to the intended audience - like how you discover GCSE science is 'wrong' when you get to university.
    I would expect a higher standard personally.
  • Chrysalis
    Chrysalis Posts: 4,711 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Those amendments are an embarrassment it took so long, it really should have been right from the moment it was published or at least corrected the same day.
  • Chrysalis said:
    Those amendments are an embarrassment it took so long, it really should have been right from the moment it was published or at least corrected the same day.
    I thought the amendments added additional information rather than substantially changing anything?
  • MWT
    MWT Posts: 10,245 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 15 September 2022 at 12:51PM
    Chrysalis said:
    Those amendments are an embarrassment it took so long, it really should have been right from the moment it was published or at least corrected the same day.
    I thought the amendments added additional information rather than substantially changing anything?
    Agreed, the changes added wording to close the gaps people were attempting to interpret in conflicting ways.and removed much of the doubt that was circulating. 
    Didn't change what was said but added a few bits that should have been said upfront.
  • MWT said:
    Chrysalis said:
    Those amendments are an embarrassment it took so long, it really should have been right from the moment it was published or at least corrected the same day.
    I thought the amendments added additional information rather than substantially changing anything?
    Agreed, the changes added wording to close the gaps people were attempting to interpret in conflicting ways.and removed much of the doubt that was circulating. 
    Didn't change what was said but added a few bits that should have been said upfront.
    Or should have been said as soon as they were agreed, which must have been earlier than now.
  • SJMALBA
    SJMALBA Posts: 1,071 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Chrysalis said:
    Those amendments are an embarrassment it took so long, it really should have been right from the moment it was published or at least corrected the same day.
    I thought the amendments added additional information rather than substantially changing anything?

    The much speculated (by @Mstty and others) missing 'up to' seems rather significant, not to mention the sudden addition (in terms of the factsheet) of the (also much speculated) 'floor' etc. So, yes, IMO, it changed quite a lot, if not indeed fundamentally.
  • It looks like my faith in the BEIS in getting things right the first time has been sadly misplaced.

    A floor it is then.

    My apologies for any distress caused to other posters by my being a stickler for the facts. At least you can bathe in the satisfaction of being right. :)
  • What is the October Ofgem price cap in kw/h for electric and gas.  All I can find is the annual payment which is almost meaningless as it depends on the actual usage...!!

    Many thanks.
    Titch :)
  • The_Fat_Controller
    The_Fat_Controller Posts: 2,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 15 September 2022 at 1:33PM
    mattgod69 said:
    What is the October Ofgem price cap in kw/h for electric and gas.  All I can find is the annual payment which is almost meaningless as it depends on the actual usage...!!

    Many thanks.
    OFGEM cap was 51.61 and 14.704  ( EDF South Scotland )

    New Government EPG rates are 33.76 and 10.277
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