British Gas have increased standard rate tariff ahead of 1 October (!!!)

Marbles31

Just logged into British Gas today to view my current tariff - on standard variable / the cap and it says:

Electricity:

Standard unit rate: 35.796p per kWh

Standing charge: 33.157p per day

Previously the unit rate was 29p.

I thought it only goes up in October 1st?

Does anyone else see this?  Can the do this already?

Marbles31

In addition - they've also changed my payment method from Quarterly variable direct debit to monthly direct debit??!

MWT

There is usually a note somewhere stating it is effective 1st October....

This happens every 6 months with BG as they like to show what is coming to reduce the phone calls from people asking what it is going to be...

... not sure it is working

peterf83

They did the same before the April cap increase, I spoke to someone who assured me that the increased SVT would only kick in on 1st April. I checked my bill and they correctly charged me.

Archie_Duke

I’m pretty sure I remember near identical posts in March, BG standard procedure most likely.

CRISPIANNE3

Just checked mine., I thought the standing charge was 46p.  Tariff type	Variable
Payment method	Monthly Direct Debit
Standard unit rate	33.859p per kWh
Standing charge	52.643p per day*
Tariff ends on	Not applicable
Exit fees (if you change supplier before the end date)	Not applicable
Additional products or services included	Not applicable

Estimated annual consumption	3,386 kWh
Estimated annual cost*	£1329.95

[Deleted User]

CRISPIANNE3 said:

Just checked mine., I thought the standing charge was 46p.  Tariff type	Variable
Payment method	Monthly Direct Debit
Standard unit rate	33.859p per kWh
Standing charge	52.643p per day*
Tariff ends on	Not applicable
Exit fees (if you change supplier before the end date)	Not applicable
Additional products or services included	Not applicable

Estimated annual consumption	3,386 kWh
Estimated annual cost*	£1329.95

Are you in the South-West by any chance?

Hollymead

I understand customers are faced with rising energy prices and will need to pay higher unit rates.
But why are companies increasing their standing charges when they are not changing the service they provide ?
Surely this profiteering needs to be stopped and if not then justify recovery via windfall tax.
Companies should be doing every thing in their power to manage & reduce the impact of high energy costs. Not make matters worse for their customers.

[Deleted User]

Hollymead said:

I understand customers are faced with rising energy prices and will need to pay higher unit rates.
But why are companies increasing their standing charges when they are not changing the service they provide ?
Surely this profiteering needs to be stopped and if not then justify recovery via windfall tax.
Companies should be doing every thing in their power to manage & reduce the impact of high energy costs. Not make matters worse for their customers.

The suppliers don't set the standing charge - it isn't their profit.

CRISPIANNE3

[Deleted User] said:

CRISPIANNE3 said:

Just checked mine., I thought the standing charge was 46p.  Tariff type	Variable
Payment method	Monthly Direct Debit
Standard unit rate	33.859p per kWh
Standing charge	52.643p per day*
Tariff ends on	Not applicable
Exit fees (if you change supplier before the end date)	Not applicable
Additional products or services included	Not applicable

Estimated annual consumption	3,386 kWh
Estimated annual cost*	£1329.95

Are you in the South-West by any chance?

At the moment yes.

molerat

SC will be as per the October cap prices according to region - £183.00 South West -  £183  / 365 x 1.05 = 52.643p