20 point something p, I think that's the cap
My Energy supplier has gone bust.
- Thread starter Robarano
- Start date
As you are not tied in I think you can do what you want?
I recon the credit I had in my account will just about cover two and half months of levy.
The fact that green couldnt care less and shell are so disorganised is not my problem
I’ve kept all the readings I’ve given and to whom
Feck em!
I recon the credit I had in my account will just about cover two and half months of levy.
The fact that green couldnt care less and shell are so disorganised is not my problem
I’ve kept all the readings I’ve given and to whom
Feck em!
Day rate 20.68p/kWh
Night rate 20.68p/kWh
Standing charge 24.11p/day
Prices include VAT.
Good luck....
What's the very worse that could happen?
is that you spend a few days on the phone trying to unknot it.....
Thanks.
But I’ve already changed job done finished and it’s complete one direct debit I don’t know what else I can tell you …Good luck....
What's the very worse that could happen?
is that you spend a few days on the phone trying to unknot it.....
Good luck....
What's the very worse that could happen?
is that you spend a few days on the phone trying to unknot it.....
I must be dead cleverer, I can un-knot one of those in about 45 mins.
Chances are it’s because their mates make money from bulb, or they do.
OK, Update from E.ON just a few minutes ago....
There may be a few suicides and heart attacks more than normal today.
Two invoices
One for the period 3rd Oct to 13th Nov and then 13th to 21st Dec, total of 80 days.
I assume the 13th Oct is when Maryam sorted my dual meter to a single meter tariff.
Until I was told the dual tariff and complained I've been charged the silly high Day £0.2403p and lowish night rates £0.1286p.
This has resulted in me paying £80 over the odds compared to the single rate meter
... something I'll complain about in the new year.
The one that will get everyone is they have taken 80 days of bills and somehow managed to get the yearly estimate 250% over the odds...
Your estimated annual cost is £15,651.23 a year for electricity.
Good to know you are already on our cheapest tariff for your electricity usage.
We'll let you know if this changes.
There may be a few suicides and heart attacks more than normal today.
Two invoices
One for the period 3rd Oct to 13th Nov and then 13th to 21st Dec, total of 80 days.
I assume the 13th Oct is when Maryam sorted my dual meter to a single meter tariff.
Until I was told the dual tariff and complained I've been charged the silly high Day £0.2403p and lowish night rates £0.1286p.
This has resulted in me paying £80 over the odds compared to the single rate meter
... something I'll complain about in the new year.
The one that will get everyone is they have taken 80 days of bills and somehow managed to get the yearly estimate 250% over the odds...
Your estimated annual cost is £15,651.23 a year for electricity.
Good to know you are already on our cheapest tariff for your electricity usage.
We'll let you know if this changes.
I'd have ripped their arms off at the ankle and given a big kiss if that was my bill.
Did you get your E.ON next bill yet?
Eon is all sorted bills DD I have a direct contact in to a guy there who is on top of it all ...stillI'd have ripped their arms off at the ankle and given a big kiss if that was my bill.
Did you get your E.ON next bill yet?
Important: The energy price cap's now predicted to rise a horrid 51% on 1 April - adding typically £600/yr to bills. Should you grab a fix or hold tight? MARTIN's answer...
Yesterday I again called for Government intervention to prevent an energy bill crisis before 1 April, when the price cap - which most bills are now based on - is predicted to rise 51%, a nightmare that'll throw millions into fuel poverty. Unsurprisingly, with this prediction many are asking me if they should now move off the price cap to fix? After number-crunching, for most, it's still a 'no', but for the first time in many months, fixing may be worth it for a few...
Yesterday I again called for Government intervention to prevent an energy bill crisis before 1 April, when the price cap - which most bills are now based on - is predicted to rise 51%, a nightmare that'll throw millions into fuel poverty. Unsurprisingly, with this prediction many are asking me if they should now move off the price cap to fix? After number-crunching, for most, it's still a 'no', but for the first time in many months, fixing may be worth it for a few...
- This is all about the price cap, which 60%+ (and rising) of homes are on. The price cap limits what firms can charge in Eng, Scot & Wales for their default standard variable tariffs. Calling it a 'Price Cap' is a misnomer, there's no max you pay for energy, think of it more as a cap on the cost of each unit of gas and elec. Most people who aren't on fixes are on it. You're on it if...
- You've never switched tariff.
- Your cheap fix ended & you did nothing (as there are no cheap deals now, many are being moved to it).
- Your firm recently went bust and you were moved elsewhere.
For years I warned price-capped tariffs were far from cheap. Yet last year wholesale energy prices (those suppliers pay) exploded, and as that takes time to feed into the cap, it currently forces firms to sell gas and electricity massively below cost. In fact, there are NO MEANINGFULLY CHEAPER SWITCHABLE DEALS. That's why my mantra's been 'do nothing', as then you're on, or will eventually move to, a price-capped tariff.
- The price cap will likely rise a sickening 51% on 1 April. It's revalued six-monthly, based on wholesale energy prices, which are now astronomical (see how the price cap's set). The latest evaluation period finishes this month, so predictions are firming up. Analysts Cornwall Insight's latest is the cap will rise 51%, that's £1,925/yr for someone on typical use. Other predictions range from a 46% to 56% rise. It'll likely hit pockets immediately, as even while April usage is lower, direct debits will be upped then based on annual usage.
- THE BIG QUESTION: Should you ditch the price cap to fix? Sticking on the price cap has saved people large so far, but as we get nearer to 1 April, less time and therefore benefit remains of the current low rate. Switch now, and as moving firm takes an average 17 days, you'd lose just over two (high use) months' cheap rate. We've factored all that into the number crunch and today (the percentage level will rise in coming weeks) the result is...
If you're offered a fix that's no more than 40% costlier than your current price-capped tariff, it's worth considering - especially if you value budgeting certainty
- THE BIG PROBLEM: No open market tariffs are that cheap, though some existing customer deals are close. The market's cheapest fix right now is an average 56% more than the cap - though some with very low or high usage may find it cheaper (do a cheap fix comparison to see). At that rate, fixing's unlikely to be worth it.
A few existing customer deals (especially from Scottish Power and Octopus) may get closer, so if you're offered one, do the numbers to see what % the increase is. Though as in-house switches happen quicker, you'll lose more cheap rate time.
Of course, fix now and if wholesale prices drop rapidly, so fixes get cheaper in future, you would've unnecessarily lost out on the current cheap cap rate (you could always fix again then, just paying early exit fees - trivial in the big picture right now). Then again, don't fix now, and if prices rise, fixes could get even more expensive. This isn't easy.
- Confused? Most should still DO NOTHING and stick on the price cap. I know this is complex. So to summarise, it looks like most people should do nothing (no certainty, I don't have a crystal ball), it looks like only a few edge cases should be looking at fixing right now. So if in doubt, just stick on today's cheapest price - which is the cap. And to be plain, the 40% figure is my best guess, not firm. Other assumptions I've needed to make are...
- Neither the Government or Ofgem change the methodology, market or levies on firms.
- The October 2022 price cap will be similar to April's. Yet it's based on future, unknown February-July wholesale prices. In fact, if wholesale prices don't drop from where we are now, the cap will likely rise another 20% on top in October.
- I've calculated based over the next year - not looked at longer-term fixes.
- Worried you can't pay bills? There's help available. This is a dreadful situation. If paying your bill is tough, check if you can claim the Warm Home Discount or an energy grant and talk to your supplier - you won't have your supply cut off and it may be able to put you on a payment plan. And of course, aim to decrease usage - see 9 energy saving tips.
EDF have dropped our rates, now we've signed a Direct Debit with them.
Gas unit rate: 4.169p per kWh (was 4.391p)
Daily standing charge: 26.12p per day (was 30.78p)
Still no final bill from ZOG nor any communication since 6th December.
I look into our account and I can see a reading given on the 15th December "Actual".
No one gave a reading, so I contacted EDF and they said ZOG gave it to them, nearly £100 over the odds.
I told them I was unable to give a reading as my actual reading is lower than the system reading, she said she'd get back to me.
Logged in again and another actual reading has been given TODAY, another £85 higher....
Its down as a Customer reading.... I haven't given them a reading....
Going to give this a few days then contact again.
Gas unit rate: 4.169p per kWh (was 4.391p)
Daily standing charge: 26.12p per day (was 30.78p)
Still no final bill from ZOG nor any communication since 6th December.
I look into our account and I can see a reading given on the 15th December "Actual".
No one gave a reading, so I contacted EDF and they said ZOG gave it to them, nearly £100 over the odds.
I told them I was unable to give a reading as my actual reading is lower than the system reading, she said she'd get back to me.
Logged in again and another actual reading has been given TODAY, another £85 higher....
Its down as a Customer reading.... I haven't given them a reading....
Going to give this a few days then contact again.
I’ve just had an email from Octopus Energy regarding the price cap rise in April!!Just got my last monthly bill (actual usage) from Shell Energy for a deep mid winter month:
Gas = £71.80
Electric = £37.24
I guess I'm still on the old Tariff still
It could be up to 75% higher than this time last year. They are working with the Clowns and Ofgem to hopefully come to an agreement.
My mother uses my e-mail address and I send her meter readings in for her. I switched her to Bristol Energy the same time I went over to Green.
Apparently Bristol Energy has now gone to the wall and she's been switched to British Gas. The way things are going, there will only be one supplier left by the end of the year. 
Apparently Bristol Energy has now gone to the wall and she's been switched to British Gas.
The way things are going, there will only be one supplier left by the end of the year.
Rob the energy company Jonah strikes again.My mother uses my e-mail address and I send her meter readings in for her. I switched her to Bristol Energy the same time I went over to Green.
Apparently Bristol Energy has now gone to the wall and she's been switched to British Gas.
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Cut the green bollocks levies and the poxy 5% vat, be virtually free then
I got my yearly statement from sse where they tell you what you used last year and what they forecast from the coming year,
My Electric was 839 kwh last year, predicted to drop to 665 kwh this year but will see the bill rise from £215.51 to £297.62
My Gas was 1,935 kwh last year and now forecast as 2,298kwh this year seeing the price go from £204.19 to £219.59
Suprised at nearly quarter drop in electric proposed but an increase of around £82
My Electric was 839 kwh last year, predicted to drop to 665 kwh this year but will see the bill rise from £215.51 to £297.62
My Gas was 1,935 kwh last year and now forecast as 2,298kwh this year seeing the price go from £204.19 to £219.59
Suprised at nearly quarter drop in electric proposed but an increase of around £82
I got my yearly statement from sse where they tell you what you used last year and what they forecast from the coming year,
My Electric was 839 kwh last year, predicted to drop to 665 kwh this year but will see the bill rise from £215.51 to £297.62
My Gas was 1,935 kwh last year and now forecast as 2,298kwh this year seeing the price go from £204.19 to £219.59
Suprised at nearly quarter drop in electric proposed but an increase of around £82
Is that a cave with a single socket, that is a weeks worth here......I got my yearly statement from sse where they tell you what you used last year and what they forecast from the coming year,
My Electric was 839 kwh last year, predicted to drop to 665 kwh this year but will see the bill rise from £215.51 to £297.62
My Gas was 1,935 kwh last year and now forecast as 2,298kwh this year seeing the price go from £204.19 to £219.59
Suprised at nearly quarter drop in electric proposed but an increase of around £82