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.

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    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 😳

      dfk41 Likewise. I have a similar amount even after reducing the DD from £164 to £100 during the last 1 year.

        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.

          Contact me

            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 ??

              4 days later

              So I’ve been offered a fixed price deal (remember those?).

              Decisions, decisions. Think I’ll play it safe and go with the 12 month fixed deal

                Yeah, I’ve gone for the variable. Saves me £60 a month based on current prices and no exit fees. If it goes down further then I’ll benefit.

                Hard to think I’ll be saving £60 a month and still be paying almost double what I was a couple of years ago

                2 months later

                As the government cannot decide if it is punched, bored , countersunk or just cross threaded, I took a management decision and had a new boiler fitted. The old one one running well but the plastic components inside were beginning to crack crack up (parts that support the control board and electronics) it was 17 Y/o.
                Replaced with a Bosch 8000 Life /hydrogen ready-if it ever happens.
                Just need to get my head around all the new settings/ computer controls😖😱 .

                With the builders putting gas into new builds nearby I dont think gas is off the menu YET.🤣