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EDF Ensure

BillTee
BillTee Posts: 75 Forumite
Part of the Furniture 10 Posts Name Dropper Combo Breaker
edited 29 June 2024 at 5:42PM in Energy
Low user on E7 looking to reduce standing charge. Ensure advertises discounted standing charge applied £25 (per fuel). Quoted SC 61.05 per day. Is this before the £25 discount, which presumably is applied either end of year or pro rata to monthly bill? Appreciate it if anyone knows

Comments

  • molerat
    molerat Posts: 35,679 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hard to tell - what region and how do you pay ?
  • JoshinLeeds
    JoshinLeeds Posts: 35 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    BillTee said:
    Low user on E7 looking to reduce standing charge. Ensure advertises discounted standing charge applied £25 (per fuel). Quoted SC 61.05 per day. Is this before the £25 discount, which presumably is applied either end of year or pro rata to monthly bill? Appreciate it if anyone knows
    My quote shows the standing charge already discounted without any other discounts due (60.57 for Yorkshire)
  • BillTee
    BillTee Posts: 75 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    molerat said:
    Hard to tell - what region and how do you pay ?
    South West and it would be mthly DD
  • Scot_39
    Scot_39 Posts: 4,296 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    The svt sc for Southern Western for SR is 67.21p.

    £25/365 discount per fuel = 6.85 p daily.

    Reducing it to 60.36p.

    Oops  but your on E7.

    And The Ofgem mulirate sc 67.91p, so reduced to 61.06p.

    Pretty much as quoted 61.05p allowing for truncation/rounding.

    There a little more here in mse 1yr fix guide - but suspect you might have to ask edf themselves for details.

    https://www.moneysavingexpert.com/utilities/are-there-any-cheap-fixed-energy-deals-currently-worth-it/#edfensure






  • BillTee
    BillTee Posts: 75 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    edited 4 July 2024 at 3:35PM
    Thank you Scot_39, that's very helpful and explains everything. I was hoping the SC would be a little lower but until the gov steps in, I guess it's how companies are getting around the unit caps.
  • BarelySentientAI
    BarelySentientAI Posts: 2,448 Forumite
    1,000 Posts Name Dropper
    BillTee said:
    Thank you Scot_39, that's very helpful and explains everything. I was hoping the SC would be a little lower but until the gov steps in, I guess it's how companies are getting around the unit caps.
    Nothing of the sort.

    The SC is also capped in exactly the same calculation by OFGEM.
  • MP1995
    MP1995 Posts: 495 Forumite
    100 Posts Name Dropper
    BillTee said:
    Thank you Scot_39, that's very helpful and explains everything. I was hoping the SC would be a little lower but until the gov steps in, I guess it's how companies are getting around the unit caps.
    Don't worry Great British Energy incoming lol
  • bristolleedsfan
    bristolleedsfan Posts: 12,816 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 5 July 2024 at 3:50PM
    While this tariff is getting publicised for lowerBillTee said:
    Low user on E7 looking to reduce standing charge. Ensure advertises discounted standing charge applied £25 (per fuel). Quoted SC 61.05 per day. Is this before the £25 discount, which presumably is applied either end of year or pro rata to monthly bill? Appreciate it if anyone knows
    Might be worth getting a quote from British Gas for 14 month fixed tariff, electricity has SC reduction, unit rate for one rate meter is cheaper than most other large suppliers. key thing is EDF unit rate likely to increase from 1 October,  British Gas unit rate might be cheaper during winter months.than EDF unit rate.

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