So 7% saving which is a kick in the dick tbh
Standing charge also up.
Decent De1pro v1.45 - Niche Duo - Niche Zero - Decent is the best machine ever made -
Energy Prices
For me, coming off a decent fixed rate, I fail to understand why the standing charge is allowed in my case to more than double. What are the energy companies now doing differently to justify this new rate?
Standing charge going up was to cover those who went bump apparently.
Decent De1pro v1.45 - Niche Duo - Niche Zero - Decent is the best machine ever made -
Cuprajake That ended more than 2 years ago. I went on a fixed deal which ended up costing me more than the price cap before it was introduced, so I made no savings, just cost me more, now I’m on the std variable rate.
- Edited
2 Years fixed tariff ending mid Sep 23
Electricity 18.82 now; standing charge 21.68
Gas 3.8; standing charge 23.73
Likely Octopus Flexible from mid Sep 23
Electricity 30.3p, standing charge 47.95p
Gas 7.67p, 27.47p
Not a good story 😳
LMSC you’ve done better than most.
MediumRoastSteam Yes! Until now. Will be looking at £250-£300 a month now. :-)
LMSC yep. Welcome to my world (and many ofhers’), sadly.
Whilst I was on a fixed I built up a credit of £690, but it will not last long
I am luckily still on a tracker tariff but if it ends on November thats the tariff they offer below. Standing charge being 60p a day is outrageous.
I hate to say it, but get used to it because the base line is now this and it ain’t going down again
The cost to the country from the failed Energy companies was in the region of 2.7 Billion pounds. There are around 28 million households, that’s not counting businesses. If the average daily standing charge increase is around 30 pence then the debt surely would be paid off by now. 28 × 30 divided by 100 gives £8400000. Divide £2700000000 by £8400000 this would be paid in 321 days. Am I missing something or again are we being taken for fools.
Meldrew are we being taken for fools.
This………and not just for energy, but for a huge number of things.
23 days later
had oct price drop through, octopus are swollowing the standing charge price which stays the same, the units loose a few pence
Electricity Current prices until 30th September 2023 New prices from 1st October 2023 Standing charge (per day)
Unit rate (per kWh) 29.936p 27.212p Your estimated annual cost Current prices until 30th September 2023 New prices from 1st October 2023 Electricity (£105.18 annual decrease) £1,337.74 £1,232.56
Gas Current prices until 30th September 2023 Your prices from 1st October 2023 Standing charge (per day) 27.468p 27.468p Unit rate (per kWh) 7.513p 6.898p Your estimated annual cost Current prices until 30th September 2023 New prices from 1st October 2023 Gas (£67.86 annual decrease) £929.84 £861.98
bit of a joke really,
when you look at how things have increased around it, etc, esp food
walkers grab bag used to be £1 its now £1.25 , my dads coffee went from £1 to £1.70 and lost 10g
Decent De1pro v1.45 - Niche Duo - Niche Zero - Decent is the best machine ever made -
Two-years of dream bill came to an end this week averaging £140 a month at the following 2 years fixed rate.
Electricity 18.82 now; standing charge 21.68
Gas 3.8; standing charge 23.73
Switched to Flexible Octopus
Electricity 27.51p, standing charge 47.95p
Gas 6.99, 27.47p
🤞
a month later
Totally P/O with OVO energy, is Flexible Octopus the best going option ??