Bought my own place £2500 capped electric and gas

Deeme1099

Does that mean that they can only charge me £2500 even if I use more? Thanks.

la531983

No. Who has told you that?

I think you have totally misunderstood the price cap, which isn't £2500 anymore btw 

Albermarle

What is the energy price cap? | MoneySavingExpert

Deeme1099

So if I got a lodger wholeft the heating on all time I could be charged more?? I'm looking at getting a lodger? But what if they leave the heating on all the time?

MeteredOut

Deeme1099 said:

So if I got a lodger wholeft the heating on all time I could be charged more?? I'm looking at getting a lodger? But what if they leave the heating on all the time?

Come to some pre-agreement that you'll charge them more.

[Deleted User]

Hi,

Deeme1099 said:

Does that mean that they can only charge me £2500 even if I use more? Thanks.

more gas, more electricity?

You haven't given much info.

The more you use, the more you pay.

MSE_ForumTeam5

We've moved this across to the Energy board 

molerat

The cap price quoted, which is currently £1834, is simply the average price across all the UK regions if you were to use 11500 kWh of gas and 2700 kWh electricity.  This equates to roughly 27.35p for electric and 6.89p for gas, again averaged across all regions.  Those rates are only applicable to paying by direct debit, other payment methods have different rates.

TheElectricCow

The price cap is simply a method of determining the maximum rates suppliers can charge for their standard default tariff.

You’ll be charged for however much energy you use based on the rates of this tariff until you choose to agree to a different tariff either with the same or a different supplier.

Deeme1099 said:

So if I got a lodger wholeft the heating on all time I could be charged more?? I'm looking at getting a lodger? But what if they leave the heating on all the time?

Yes, you will be charged for the energy used by your household, it does not come freely no matter who turns the heating on. You would have to come to an agreement between yourself and the lodger, as the energy supplier quite frankly will not be interested in how long your lodger leaves the heating on for.

Deeme1099

molerat said:

The cap price quoted, which is currently £1834, is simply the average price across all the UK regions if you were to use 11500 kWh of gas and 2700 kWh electricity.  This equates to roughly 27.35p for electric and 6.89p for gas, again averaged across all regions.  Those rates are only applicable to paying by direct debit, other payment methods have different rates.

So if I left the  heating on all month how much roughly could I be charged? So no max?

ArbitraryRandom

Deeme1099 said:

molerat said:

The cap price quoted, which is currently £1834, is simply the average price across all the UK regions if you were to use 11500 kWh of gas and 2700 kWh electricity.  This equates to roughly 27.35p for electric and 6.89p for gas, again averaged across all regions.  Those rates are only applicable to paying by direct debit, other payment methods have different rates.

So if I left the  heating on all month how much roughly could I be charged? So no max?

Assuming you have a 2kwh panel heater with no thermostat in each room (so they're going at full blast all the time), and you're in a three bed house with a lounge, kitchen and bathroom... that's 12 units an hour and 288 units a day, so about 7000 a month... which works out around £2000 a month (excluding the standing charge). 

As for how much YOU would be charged if you left the heating on for a month - that will depend on the type of heating you have, how long it's running for, at what power, how you're paying, and the specific rates for your region. 

Not sure the views of others, but the with a single lodger might be to is say that the rent excludes utility bills and they are split 50/50 each month - then get a smart meter installed so you can see daily usage and if they leave mid month easily work out the balance owed.