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
We're aware that some users are currently experiencing errors on the Forum. Our tech team is working to resolve the issue. Thanks for your patience.
Energy price cap from July 2023 (merged)
Comments
-
The old prices look a bit low so I suspect they have increased them to the cap prices.I suspect you are in the North West. 48.96 + VAT is 51.41, 27.72 + VAT is 29.11, the cap prices for NW.1
-
The Ofgem cap for gas isn't regional - it's 29.11p inc VAT - 27.72p ex VAT - for DD (Ofgem other payment).The cap for electric is highly regional - 48.96 is pretty close to the rounded 49.0 ex VAT in the North West region - in this govt tableAnd the Ofgem price cap - again for North West - single rate elctric - from the nil kWh column from the ther payment table - of £178.73 pa ex VAT - or 48.967p ex VAT or 51.41p inc per day.The Ofgem price cap did not change the standing charges between periods 10a (Apr Jun) and 10b (Jul-Sep). Those tables can be found at
If I was to make a guess - I would say that the cheaper June rates were discounted (edit: or perhaps a fix ?) - and the July rates are normal cap - if the figures you quoted were ex VAT.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
