What will the electricity unit rates be from April?

Helen_

Roughly what will the unit rates be for electricity and the standing charges from April? Plus will they be going down in July?

ariarnia

no one can say about july yet. the actual rates are based on the market prices for the 3 months before (so march april and may). but the guess is they will as prices normally drop a bit in the summer anyway. 

for april-june the best guess (which is fairly solid as how ofgem work it out is well understood) at the moment is the cornwall institute forecast. the actual ofgem cap is due next week (27th) and the government discount will probably follow by the end of the week. 

right now the gov discount (to bring it to 2500) is on the unit rate not the standing charge, and i think the cornwall forcast is also assuming the bulb solr costs arent added to the standing charge (which is most likely but not certain). 



https://www.cornwall-insight.com/press/cornwall-insight-release-final-forecast-for-the-april-price-cap/

Helen_

Thank you very much 

CRISPIANNE3

Fortunately our rate is fixed until July 31st with BG at 34.223p per kw

Mstty

CRISPIANNE3 said:

Fortunately our rate is fixed until July 31st with BG at 34.223p per kw

Very useful👍