We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Landlords that are energy resuppliers
Excalibur57
Posts: 2 Newbie
in Energy
I'm surprised at the lack of information on this. I moved in two years ago in an apartment, where all properties have sub-meters. Was told we're not allowed to switch as the energy is paid to the landlord directly. This is true; And the landlord uses Valda energy. My rates aren't too harsh, at 35.0p Kwh with a 15.0p daily standing charge.
However, it must be said that many people are in the same situation as I am; And their rates can be considerably higher. I did end of tenancy cleans for apartments, I was told by residents that their rates are as high as 63.0 Kwh with an incredible £1.12 daily standing charge.
The discussion is not necessarily about landlords charging these rates; As by law they can't charge more than the maximum resale price. But I find it incredible how there's virtually no push to change this. Tenants are being punished with higher prices and the best thing we can do is either move out or deal with it?
Would be nice to see some change about this; Some talk going on, perhaps Martin Lewis himself making a push on changing this so tenants should have a right to at the very least be on the price cap.
However, it must be said that many people are in the same situation as I am; And their rates can be considerably higher. I did end of tenancy cleans for apartments, I was told by residents that their rates are as high as 63.0 Kwh with an incredible £1.12 daily standing charge.
The discussion is not necessarily about landlords charging these rates; As by law they can't charge more than the maximum resale price. But I find it incredible how there's virtually no push to change this. Tenants are being punished with higher prices and the best thing we can do is either move out or deal with it?
Would be nice to see some change about this; Some talk going on, perhaps Martin Lewis himself making a push on changing this so tenants should have a right to at the very least be on the price cap.
2
Comments
-
That landlord is making a tremendous profit.Excalibur57 said:
However, it must be said that many people are in the same situation as I am; And their rates can be considerably higher. I did end of tenancy cleans for apartments, I was told by residents that their rates are as high as 63.0 Kwh with an incredible £1.12 daily standing charge .............
Say there are 6 flats in the block. He is only paying 1 lot of standing charges at £1.12 but receiving 6 lots. He should be splitting that £1.12 6 ways ie about 19p per premise
63p is excessive - my commercial rate is 23pNever pay on an estimated bill. Always read and understand your bill1 -
If this were to be investigated on a national scale, I'd be willing to bet there would be some landlords breaking the rules. I know my landlord ripped off a tenant below me by taking the Warm Homes Discount for themself, but that's not the scope of this thread.Robin9 said:
That landlord is making a tremendous profit.Excalibur57 said:
However, it must be said that many people are in the same situation as I am; And their rates can be considerably higher. I did end of tenancy cleans for apartments, I was told by residents that their rates are as high as 63.0 Kwh with an incredible £1.12 daily standing charge .............
Say there are 6 flats in the block. He is only paying 1 lot of standing charges at £1.12 but receiving 6 lots. He should be splitting that £1.12 6 ways ie about 19p per premise
63p is excessive - my commercial rate is 23p
I just think it's unreasonable in any scenario where tenants have to pay above the price cap with no recourse. It's not exactly something you think about while you move in. I certainly wasn't up to speed until months after, where several e-mails back and forth with an estate agent finally stated that my landlord was the energy resupplier. You're told (even through this forum) that switching is easy if you're a private tenant, of course exceptions seem to be apply and information on it is scarce until it's too late.
It would be nice to get more attention on this. With rent already as high as it is, getting energy costs down would help hundreds of thousands of people.0 -
How did they do that? There is no WHD unless the customer has a direct account with a domestic supplier.Excalibur57 said:
If this were to be investigated on a national scale, I'd be willing to bet there would be some landlords breaking the rules. I know my landlord ripped off a tenant below me by taking the Warm Homes Discount for themself, but that's not the scope of this thread.Robin9 said:
That landlord is making a tremendous profit.Excalibur57 said:
However, it must be said that many people are in the same situation as I am; And their rates can be considerably higher. I did end of tenancy cleans for apartments, I was told by residents that their rates are as high as 63.0 Kwh with an incredible £1.12 daily standing charge .............
Say there are 6 flats in the block. He is only paying 1 lot of standing charges at £1.12 but receiving 6 lots. He should be splitting that £1.12 6 ways ie about 19p per premise
63p is excessive - my commercial rate is 23p
I just think it's unreasonable in any scenario where tenants have to pay above the price cap with no recourse. …
It would be nice to get more attention on this. With rent already as high as it is, getting energy costs down would help hundreds of thousands of people.
[I agree with your overall point that this setup is a problem, but claiming one impossible thing unfortunately can cast doubt on your assertions about other specifics.]0 -
Excalibur57 said:I'm surprised at the lack of information on this. I moved in two years ago in an apartment, where all properties have sub-meters. Was told we're not allowed to switch as the energy is paid to the landlord directly. This is true; And the landlord uses Valda energy. My rates aren't too harsh, at 35.0p Kwh with a 15.0p daily standing charge.
However, it must be said that many people are in the same situation as I am; And their rates can be considerably higher. I did end of tenancy cleans for apartments, I was told by residents that their rates are as high as 63.0 Kwh with an incredible £1.12 daily standing charge.
The discussion is not necessarily about landlords charging these rates; As by law they can't charge more than the maximum resale price. But I find it incredible how there's virtually no push to change this. Tenants are being punished with higher prices and the best thing we can do is either move out or deal with it?
Would be nice to see some change about this; Some talk going on, perhaps Martin Lewis himself making a push on changing this so tenants should have a right to at the very least be on the price cap.Many do not understand that many blocks are not subject to Ofgem regulated domestic tariffs - but commercial ones.As such many face higher charges - some are fixed term - so put prices up during crisis - others have increased their tariffs since - to recover past under billing - again all within legal contract framework - when they faced higher charges.Including many local authority and housing association schemes - not just private sector.And if you worked during the crisis - or just after - without govts EPG support even domestic rates peaked around 70p single rate - my E10 peak rate nearer 80p when the EPG discount was 34p/kWh unit. So 46p without.Those on business rates did not get EPG discounted rates AFAIK.Ofgem did react and start consultations on energy from block heating arrangements - not sure what the current status is.There were users suffering from the largely unrestricted costs here - maybe they can update you on progress.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards