UTILITA NO STANDING CHARGE ENDING

an_ecunemical_matter

Your tariffs are ending We’re moving you onto our cheapest alternative tariffs for your payment method. Hi MARK, We are discontinuing your tariffs on 30 September. From 1 October, your tariffs will change to include a standing charge. These will be our cheapest tariffs for the way you pay for your energy. Remember, your energy costs always depend on your usage, and you can always find support on our website. If you’ve got another supply with us – we’ll send you a separate communication about how those prices are changing.   Your new prices   Electricity to 30 Sep from 1 Oct Tariff Name Smart Energy Smart Energy with Standing Charge Payment Method Direct debit Direct debit Exit Fee None None Standing Charge None 54.000p First Rate 52.160p 26.820p Saver Rate 26.300p None First Rate is charged for the first 2kWh used per day and Saver Rate is charged for the remaining kWh used per day. Standing Charge is the fixed daily amount you'll pay alongside your Unit Rates. Prices include VAT.   Gas to 30 Sep from 1 Oct Tariff Name Smart Energy Smart Energy with Standing Charge Payment Method Direct debit Direct debit Exit Fee None None Standing Charge None 34.000p First Rate 21.353p 6.502p Saver Rate 6.576p None First Rate is charged for the first 2kWh used per day and Saver Rate is charged for the remaining kWh used per day. Standing Charge is the fixed daily amount you'll pay alongside your Unit Rates. Prices include VAT. Your estimated annual cost for electricity is £413.54. Your estimated annual cost for gas is £175.14.   How to avoid this change If you're unhappy with your new prices, you can change supplier. We won't charge you any exit fees. To avoid the new prices, we'll need to hear from your new supplier within 20 working days of the price increase that they'll be taking over your supply. They'll then need to take over your supply within a reasonable period of time. If your account is in debt, we'll let you know whether you need to pay this off before we can let the switch go through. We'll give you another 30 working days to pay this off, and we'll honour your old prices during that time. If you’d like to move to a Utilita tariff without a standing charge, you can switch to Pay As You Go energy. Please call 0345 207 2000 or reach out on Live Chat, anytime. So like all before the end comes.

QrizB

I'm surprised they have lasted as long as they have, to be honest.

Maybe Ofgem's consultation will lead to more low-SC tariffs, but I'm not going to hold my breath.

Ectophile

If you sell a product, then setting a price that attracts those customers who use the lowest amount of the product is a lousy business model.

Which is why zero standing charges makes no sense to a supplier.

GingerTim

Second-home owners around the country weeping.