Energy Bills Support Factsheet (updated Sept 9th) - confused!

Spoonie_Turtle

Hollymead said:

So please explain to us all why a standard charge should double with no improvement to the service provided & who is responsible for this increase on top of the energy price rise ?

Bit of odd maths going on there.  Current capped average electricity standing charge is 45p, rising to 46p, gas 27p rising to 28p.

TheBanker

Spoonie_Turtle said:

Hollymead said:

So please explain to us all why a standard charge should double with no improvement to the service provided & who is responsible for this increase on top of the energy price rise ?

Bit of odd maths going on there.  Current capped average electricity standing charge is 45p, rising to 46p, gas 27p rising to 28p.

I think the poster is referring to the April price changes, which saw the Standing Charges (more or less) double. The reasons for this have already been explained but in a sense it's old news.

Spoonie_Turtle

TheBanker said:

Spoonie_Turtle said:

Hollymead said:

So please explain to us all why a standard charge should double with no improvement to the service provided & who is responsible for this increase on top of the energy price rise ?

Bit of odd maths going on there.  Current capped average electricity standing charge is 45p, rising to 46p, gas 27p rising to 28p.

I think the poster is referring to the April price changes, which saw the Standing Charges (more or less) double. The reasons for this have already been explained but in a sense it's old news.

That would be why I was a bit confused.  I've seen it a lot on Twitter too, in response to the announced average rates - did they not notice the rise 5 months ago (well, 6 when it was announced)?!  There's plenty of sources to have found the answer by now.

t0rt0ise

If the green levy or whatever it's called is being scrapped for a while, the sc should go down a bit shouldn't it, when in reality it's going up a bit.

[Deleted User]

t0rt0ise said:

If the green levy or whatever it's called is being scrapped for a while, the sc should go down a bit shouldn't it, when in reality it's going up a bit.

No.  It was specifically stated in the government scheme that they had chosen to keep the SC the same as planned.

Astria

The_Green_Hornet said:

However, it does mean some who chose to fix at an expensive rate - expecting energy prices to rise sharply - will still pay more than others.

But could energy prices still rise sharply?

The govt are "giving" energy companies "£1000" per customer to bring the October rate down to 34p/kWh, what happens next year if the wholesale price carries on increasing? Will we see in January that it's now 45p/kWh? Still retaining the "discount", but because whole prices, the actual prices increases....

[Deleted User]

As it is written now, whatever you get on 1 Oct is it for 24 months.  No rises to SVT and no extra discount if the subsidy in the background is higher than today.

Whether they decide to change the rules again, who knows - they've set the precedent to mess around as much as they like.

t0rt0ise

[Deleted User] said:

t0rt0ise said:

If the green levy or whatever it's called is being scrapped for a while, the sc should go down a bit shouldn't it, when in reality it's going up a bit.

No.  It was specifically stated in the government scheme that they had chosen to keep the SC the same as planned.

Yes I know, which is why I said it *should* go down but won't. Seems wrong.

[Deleted User]

The government wanted to subsidise the overall bill and, for PR purposes, wanted to say that they are getting rid of the green levy.  None of the policies that the green levy was paying for are stopping, so the money is still going around, Liz just liked that soundbite.

I'd also suggest that people in general are more impressed with a 17p per unit price reduction than a 5p per day standing charge reduction - as the government is desperate for good PR, it's no surprise they went for that as the message.