2024 energy calculation

Delecia

I pay £147 for my gas and electric, I am £402.65 in credit - I have been told by Scottish Power that they have done a review upto 20/02/2024 and from 1/11/22 my direct debit changes to £240.  I am a pensioner.  Can they calculate for 16 month 

Robin9

Can you give us some consumption figures please 

dunstonh

They can.    

However, if you know your real use (i.e. proper meter readings over at least a year) then you can make a case to them if you feel they are wrong and get them to adjust the monthly to match your real use.

Delecia

Thanks - from September 21-October 22 I have used £1,300.27.
Scottish Power has estimated that I will use £3788.96 for the next 16 months 

MWT

Delecia said:

Thanks - from September 21-October 22 I have used £1,300.27.
Scottish Power has estimated that I will use £3788.96 for the next 16 months 

Can you give that to us in kWh for each (gas and electricity) please?

... and also please confirm that it is based on actual meter readings, not estimates...

[Deleted User]

Delecia said:

Thanks - from September 21-October 22 I have used £1,300.27.
Scottish Power has estimated that I will use £3788.96 for the next 16 months 

That’s in £ which is useless for this sort of calculation. It needs to be in kWh and preferably actual meter readings not estimates.

1 unit this winter could be costing twice what it did last winter, and this winter will probably be colder than last, so the price being more than double (plus the extra four months) could be right.

Delecia

Gas -16331kWh

Electric - 1812 kWh

accurate readings for the last 12 months

[Deleted User]

Delecia said:

I pay £147 for my gas and electric, I am £402.65 in credit - I have been told by Scottish Power that they have done a review upto 20/02/2024 and from 1/11/22 my direct debit changes to £240.  I am a pensioner.  Can they calculate for 16 month 

I suspect that the supplier doesn’t  want you to end up with a zero balance at the start of next Winter. This could be avoided if the supplier went for a 12 month DD assessment and then reviewed it again in six months. That said, some suppliers now review estimated annual consumption and DD payments on a monthly basis.

QrizB

Delecia said:

Gas -16331kWh
Electric - 1812 kWh
accurate readings for the last 12 months

That's about £2600 for the year, £215 a month.

[Deleted User]

A key fact that has been missed by many posters is that under the EPG Cap, energy prices - for the average Ofgem consumer - have risen by 27% from the 1st October. They had already gone up by 95% due to the Cap increases in October last year, and again in April.