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

MattMattMattUK

polymaff said:

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.

I would suspect that he forgot to add the caveat "A real opportunity for me", his company or investments are probably exporters. Any business that is a large exporter may well benefit, but they would need a big amount of value added within the UK due to the inflationary impact and the rise of input costs. If we were a major exporter then it could help, but we have had an awful import/export ratio for decades and is unsustainable, especially as it has only been propped up by debt.

Ultrasonic

Chrysalis said:

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.

I still haven't heard anything from Scottish Power either but it really isn't posing me any sort of problem whatsoever. It will be what it will be (and I could get a VERY good idea what this will be if I searched for data specific to my region).