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Please help re Dual Fuel Energy Switch
aprilthedog
Posts: 13 Forumite
in Energy
Hi, apologies in advance for my ignorance. I'm on British Gas Standard Variable Tarrif - Dual Fuel. The plan started 01 Jul 2023 and ends today 30 Sep 2023. I pay by Direct Debit. Payments: 138.95 / month. The new tarrif, starting tomorrow, is listed as £152.55 on the Britsh Gas website. I know nothing of finances / energy bills, but I've read that the October Price Cap is falling by 7%. I don't see why my monthly bills should rise so dramatically. What should I do? Am I being shafted by British Gas?
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You need to look at the cost of the unit rates being offered.
I would suspect the payments you have been making into the bill pot (that's all your payments are, you aren't paying 139 quid a month to have "all you can eat" energy) aren't enough to keep you on the level over winter so they are asking you to pay more. Perfectly normal.1 -
Hi,no you are not being shafted.£13.60 increase per month is hardly dramatic, considering we are heading into winter months so no doubt you will be using more heating.2
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aprilthedog said:I pay by Direct Debit. Payments: 138.95 / month. The new tarrif, starting tomorrow, is listed as £152.55 on the Britsh Gas website.Your direct debit payment is not your bill. It is 1/12th of the estimated annual bill, adjusted for any surplus or defecit that might exist at the time of calculation.
On average, yes. The unit rates are falling but the standing charges are rising. From the size of your DD payments I would guess that you are a lower-than-average user of gas and electricity, and so your bill is likely to fall by less than 7%.aprilthedog said:I know nothing of finances / energy bills, but I've read that the October Price Cap is falling by 7%.
Again, your DD payment is not your bill.aprilthedog said:I don't see why my monthly bills should rise so dramatically.
Read your BG statements carefully. Understand them.aprilthedog said:What should I do?N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.1 -
Ok Thank you to both of you for your help!
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