Appreciate an estimate of what my monthly payments will increase to

bettydaviseyes

Im with BG, would someone be able to kindly give me an estimate of what my monthly payments would be expected please.

Estimated Electricity annual useage is 2496 kwh
Estimated  Gas annual useage is 11976 kwh

My monthly direct is currently £128 a month (obviously due to go up) and I am £130 in credit

Area is East Midlands

Thank you 

Spoonie_Turtle

According to https://www.moneysavingexpert.com/utilities/what-are-the-price-cap-unit-rates-/#tool
£199 monthly, £2390 annual (not including the £400 discount for this year).

Boxman

Back of an envelope costings for those usage figures using my local EPG rates (NW England) shows an annual cost of £1,040 or so for electricity and £1,350 for gas, total £2,390. Take off £130 credit balance and divide by 12 gives monthly payments in the region of £190 to give a small credit balance at 1st October 2023.

Current account balance is not high enough to avoid a significant debit balance at 1st April but this should be totally clawed back mainly through lower gas usage through the summer months.