Am I the only one still not told about the unit prices for Gas and Electricity

[Deleted User]

Thanks very much Polymaff.  Are the charges what you were expecting from 01 October? 

Maybe there'll be an email soon for Southern Scotland.  It's good to know that notification comes by email from Octopus so I'll look out for it, thanks.

polymaff

Deleted_User said:

Thanks very much Polymaff.  Are the charges what you were expecting from 01 October? 

Maybe there'll be an email soon for Southern Scotland.  It's good to know that notification comes by email from Octopus so I'll look out for it, thanks.

Octopus seem to like to slightly undercut the OFGEM figures.  Last October it was by a small discount on the bill - this October it is 4% less on the standing charges.  The "average" bill, from the figures I received is £2,487 so they are adhering to OFGEM's average of £2,500.  With my consumption, as you can see, it is about £2,550.  That means that I will be paying about £1,000 more per annum, less the £400 from HMG. I reckon there will be some "we was robbed" as some of the media still seem to be suggesting that the government "clamp" means "No price rise in October".

That is, if the whole shebang doesn't collapse.   This morning's "let's shake the magic money tree" farago may just be the straw that breaks the camel's back.  Would you see any reason why anyone would lend money to such a drunk-on-borrowing regime?

Incdentally, I am currently on a capped tariff, so they needed to tell me my new rates from 1st October.  Don't assume that, in your position, you will get one.

[Deleted User]

polymaff said:

Deleted_User said:

Thanks very much Polymaff.  Are the charges what you were expecting from 01 October? 

Maybe there'll be an email soon for Southern Scotland.  It's good to know that notification comes by email from Octopus so I'll look out for it, thanks.

Octopus seem to like to slightly undercut the OFGEM figures.  Last October it was by a small discount on the bill - this October it is 4% less on the standing charges.  The "average" bill, from the figures I received is £2,487 so they are adhering to OFGEM's average of £2,500.  With my consumption, as you can see, it is about £2,550.  That means that I will be paying about £1,000 more per annum, less the £400 from HMG. I reckon there will be some "we was robbed" as some of the media still seem to be suggesting that the government "clamp" means "No price rise in October".

That is, if the whole shebang doesn't collapse.   This morning's "let's shake the magic money tree" farago may just be the straw that breaks the camel's back.  Would you see any reason why anyone would lend money to such a drunk-on-borrowing regime?

I think the more common misunderstanding is "however much I use it can only cost a maximum of £2500" rather than "bills won't go up".

Although I did see someone complaining that their usual £1600 annual bill was being put up to £2500 by the government, so maybe you're right.

[Deleted User]

Thanks polymaff.  The whole thing is a bit mind boggling.

As I understand it 'things' are likely to be different in Scotland - time will tell!  I've been with Octopus for a few years and have always found them to be good.

My house is small with just one bedroom but I feel so much for folks having to cope with the huge increases and larger houses to heat.  

Thanks for replying.

[Deleted User]

Deleted_User said:

Thanks polymaff.  The whole thing is a bit mind boggling.

As I understand it 'things' are likely to be different in Scotland - time will tell!  I've been with Octopus for a few years and have always found them to be good.

My house is small with just one bedroom but I feel so much for folks having to cope with the huge increases and larger houses to heat.  

Thanks for replying.

What do you mean "things are likely to be different in Scotland"?

polymaff

Deleted_User said:

polymaff said:

Deleted_User said:

Thanks very much Polymaff.  Are the charges what you were expecting from 01 October? 

Maybe there'll be an email soon for Southern Scotland.  It's good to know that notification comes by email from Octopus so I'll look out for it, thanks.

Octopus seem to like to slightly undercut the OFGEM figures.  Last October it was by a small discount on the bill - this October it is 4% less on the standing charges.  The "average" bill, from the figures I received is £2,487 so they are adhering to OFGEM's average of £2,500.  With my consumption, as you can see, it is about £2,550.  That means that I will be paying about £1,000 more per annum, less the £400 from HMG. I reckon there will be some "we was robbed" as some of the media still seem to be suggesting that the government "clamp" means "No price rise in October".

That is, if the whole shebang doesn't collapse.   This morning's "let's shake the magic money tree" farago may just be the straw that breaks the camel's back.  Would you see any reason why anyone would lend money to such a drunk-on-borrowing regime?

I think the more common misunderstanding is "however much I use it can only cost a maximum of £2500" rather than "bills won't go up".

Although I did see someone complaining that their usual £1600 annual bill was being put up to £2500 by the government, so maybe you're right.

Yes, Martin Lewis has been banging on about that - and it is a misunderstanding one sees (even) on MSE Forums.  This afternoon, on LBC, there was an interview with a self-acclaimed businessman and economist who said the resulting fall in the pound would boost our exports.  A real opportunity.  No  mention of the affect on our imports.

[Deleted User]

[Deleted User] said:

Deleted_User said:

Thanks polymaff.  The whole thing is a bit mind boggling.

As I understand it 'things' are likely to be different in Scotland - time will tell!  I've been with Octopus for a few years and have always found them to be good.

My house is small with just one bedroom but I feel so much for folks having to cope with the huge increases and larger houses to heat.  

Thanks for replying.

What do you mean "things are likely to be different in Scotland"?

I was really thinking more about tax, SparkyGrad, because I think the tax system is different in Scotland.  Sorry if I made it sound different  because the energy arrangements are probably the ssme.

CaptainWales

Im still waiting to hear from outfox the market. I think its shocking that ive heard nothing yet

Chrysalis

Wow and I thought Octopus were bad?

This might be worth a FOI request to see how long its really took for the suppliers to be told what they need to rollout changes.  This really shouldnt be taking 3+ weeks to sort out.

AndyDragon

I’ve heard nothing from EON Next about what’s happening to my fixed tariff. My gas is slightly under and electric is over but I don’t know without figures whether I’m worse or better off given the standing charges which I don’t believe are changing from the cap?

i suspect given the tariff I’m on (Next Online v14) that the difference could be small but I’d like to know