Energy Price Cap from October 2024

What_time_is_it

EssexHebridean said:

What_time_is_it said:

What do people here think will happen to the price cap for Jan-Mar 2025?
Apologies to Play Your Cards Right, but.... higher or lower?

Tell you what - as you have every bit as much of an idea as anyone else, you go first. What do you think....and why?  

Well, personally I think that unit prices in Jan-Mar will be higher than in Oct-Dec. But this is based on 1. My natural pessimism, and 2. The strong possibility of a Trump presidency destabalising things generally (see point 1!)

But I'm interested to know what other people think.

MP1995

What_time_is_it said:

EssexHebridean said:

What_time_is_it said:

What do people here think will happen to the price cap for Jan-Mar 2025?
Apologies to Play Your Cards Right, but.... higher or lower?

Tell you what - as you have every bit as much of an idea as anyone else, you go first. What do you think....and why?  

Well, personally I think that unit prices in Jan-Mar will be higher than in Oct-Dec. But this is based on 1. My natural pessimism, and 2. The strong possibility of a Trump presidency destabalising things generally (see point 1!)

But I'm interested to know what other people think.

I would think trump would do the opposite to Biden, who has openly upped the anti on Russia.

Trump will pop over and visit Russia and North Korea in the first two years and be mainly focused on America not the outside world imo.

That said around £1700 for the notional average household would be my best educated and fair wind guess.

mongoose2009

anyone know the winner of the 3.30 at kempton 

thanks in advance

MeteredOut

mongoose2009 said:

anyone know the winner of the 3.30 at kempton 

thanks in advance

Ha, there is no race today. Not catching me out that way!

https://www.attheraces.com/allracesat/Kempton

MSE_Clare

tseb said:

Does anyone know why moneysavingexpert site says that the October increase will be 10% and the Cheap Energy club page says it will be 18%?

I thought ML was supposed to be making it easier to decide to stick or twist suppliers.

Hi tseb, the percentages shown in Cheap Energy Club are individual to you - it will be based on the info you have entered into your account, including where you live and your annual energy usage. So the 18% rise in October Price Cap is an estimate, based on published predictions, and specific to your region and your usage.

The 10% rise in October shown on the MSE website is also an estimate, based on published predictions, but it is an average for the whole of the UK, based on a dual-fuel household paying by Direct Debit, using typical annual consumption (2,700 kilowatt hours of electricity, 11,500 kilowatt of gas).

I hope that helps?
MSE Clare