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Fixing for a year

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  • artyboy
    artyboy Posts: 1,592 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Looks like fixing was the right move then, with the new cap rates announced...
  • username
    username Posts: 740 Forumite
    Part of the Furniture 500 Posts
    edited 23 August 2024 at 12:28PM
    I fixed in July  I am in SE England and fixed with Octopus the following rates: 

    E 23.89p/kWh
    ESC 54.83p/day

    G 5.58p/kWh
    GSC 28.8p/day

    Might be a touch more expensive on the unit rates for electricity but it's better than those eye-watering standing charges - they really should break them down on the bills further for transparency. It seems to be the catch-all dumping ground for all other costs.

    OFGEM EPC:
    Source: https://www.ofgem.gov.uk/energy-price-cap

    Electricity and gas unit prices and standing charges, 1 October to 31 December 2024 

     

    Energy price cap per unit and standing charge

    1 July to 30 September 2024  

    Energy price cap per unit and standing charge

    1 October to 31 December 2024  

    Electricity

    22.36 pence per kWh

    60.12 pence daily standing charge

    24.50 pence per kWh

    60.99 pence daily standing charge

    Gas

    5.48 pence per kWh 

    31.41 pence daily standing charge

    6.24 pence per kWh

    31.66 pence daily standing charge

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