New cap price standing charge

wrf12345

"No there would not, because the unit rates would be higher and if there was no standing charge on pre-pay then the unit rate on pre-pay would need to be higher still." Yes, unit charge would increase but the point is if the meter is off for a week whilst they wait for money and top up by ten quid, half of that is already gone in s/c. Unit rate would have to go up by ten percent to cover the loss of s/c.

xzibit

Deleted_User said:

Nobody knows, and it isn't astronomical - it's less than 75p per day for both services.

Mine's 81.136p a day combined (£296 a year).

MattMattMattUK

wrf12345 said:

"No there would not, because the unit rates would be higher and if there was no standing charge on pre-pay then the unit rate on pre-pay would need to be higher still." Yes, unit charge would increase but the point is if the meter is off for a week whilst they wait for money and top up by ten quid, half of that is already gone in s/c. Unit rate would have to go up by ten percent to cover the loss of s/c.

The money would need to come from somewhere, so the unit rate would rise to cover that cost, be it 5%, 10% or 50%.

[Deleted User]

xzibit said:

Deleted_User said:

Nobody knows, and it isn't astronomical - it's less than 75p per day for both services.

Mine's 81.136p a day combined (£296 a year).

That's high.  Although I guess by picking DD for the comparison I was on the lower end automatically.

Direct Debit rates in London total up to £215 a year