We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Electricity/gas split for Government discount scheme

2»

Comments

  • That's unfortunate - the 'cash-equivalent' approach has worked for some others I think.
  • SAC2334
    SAC2334 Posts: 917 Forumite
    Fourth Anniversary 500 Posts Photogenic Name Dropper
    Last forecast  I ve seen for electricity rates April 1 st from Cornwall Insight was approx. £2450 for an average user( over £5000 for dual fuel ) 3100 kwh which equates to over 70 p /kwh .

     Maybe a good idea to have as much in the kitty for April 1 st because if you don t qualify for targeted Government help then you certainly won t be getting free electric Apr/May/June.
    70p /kwh will really hurt everyone and I ll be making sure to be as much in credit as possible by April 1st 

  • BrockC
    BrockC Posts: 6 Forumite
    First Post
    My estimate is that I'll be around £130 in credit by April, so at current rates that would last me for around three months.  I hadn't taken account of any increases in the unit rate after that.  It might be that £130 doesn't quite last the entire three months, but I reckon it should get me through most of it.

    I don't know whether I'll qualify for any targeted government help after that, but if I do, I'll be getting free electricity for even longer!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.