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Current Energy Prices

Alfiethefish
Alfiethefish Posts: 5 Forumite
Ninth Anniversary Combo Breaker First Post
edited 13 February 2023 at 12:53PM in Energy
I am wondering if anyone can advise what the current electrify rate is showing on my bills at 66 pence per therm, then reduced to the cap, then of course has the government allowance applied.  We have just signed a two year commercial deal on an industrial site at 35 pence per therm, so I’m asking myself how this is possible and yet we are paying the price CAP for domestic use. Also if the price has come down so much why are EON and others still showing 66 pence as being the rate? Am I missing something?

Comments

  • MSE_ForumTeam5
    MSE_ForumTeam5 Posts: 1,284 Community Admin
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    We've moved this to the Energy board
    Official MSE Forum Team member. Please use the 'report' button to alert us to problem posts, or email forumteam@moneysavingexpert.com
  • Robin9
    Robin9 Posts: 12,893 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    This is commercial and the domestic CAP does not apply.

    My October commercial tariff was 34.36   (before the relief of 2.06)  (different supplier)  and I expect the relief will disappear come April)

    You are brave taking a 2 year deal
    Never pay on an estimated bill. Always read and understand your bill
  • Gerry1
    Gerry1 Posts: 10,850 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    35 pence per therm?
    At 1.19p/kWh, that's a rate to die for ! 
  • Robin9
    Robin9 Posts: 12,893 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Courtesy of Wikipedia

    • Therm (UK) ≡ 105505585.257348 joules[4]
      ≡ 29.3071070159300 kWh
    Never pay on an estimated bill. Always read and understand your bill
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