Gas & Electricity

[bobmcfc]

Thanks. Just worked out what mine would cost using those rates against my latest annual usage. It comes out at £5132.35 a year and that's with just 2 adults in the house and my electric usage over that 12 months was less than it normally is so where they're getting average annual usage figures from to come up with these typical annual price cap estimates for families with children I've no idea. Granted those unit charges you posted are slightly higher than what they're estimated to be but even so, there's not a chance that your average family of 2 adults and 2 kids is "only" going to be paying £3500+ per annum from October, £4400+ per annum from January, and £5000+ per annum from April. In many cases it's going to be a lot more than that.

We've stopped using loads of things, reduced usage so much but it's not making any difference.

 

[kippax_blueboy]

Even if you can readily afford £5k for energy why would you want to and why should you. The pressure should from the government for the charlatan companies to sort it out.
I am nearly 60 can afford it but I don't want to spend money on energy I could be using to go on holiday or put into my pension or ISA. It just annoys the hell out of me that is being allowed to happen.

 

[SJT]

Putin needs a sniper on him, what a fella he is.

 

[nw42]

Here's my estimate for fixing, currently paying £187pm and will be over £400 in credit when they take this months dd on Monday. It's fucking scary but the fact that millions of us are in the same boat makes it seem less worrying.

£6,317.78
Based on the latest industry estimate of your energy use. Regular readings make this more accurate.

Tariff cost breakdown​

Electricity

Daily standing charge	47.31p /day
Unit rate	74.64p /kWh
Early exit fee	£0

Gas

Daily standing charge	27.22p /day
Unit rate	19.79p /kWh
Early exit fee	£0

 

[trueblue gio]

I am lucky, I got a fixed rate before all this kicked off. I am in a electricity only flat. Looking at my app with daily meter readings and changing my usage behaviour over the year, then forecasting my energy to the end of the year, I think I will be down 19% in actual usage for the year (even forecasting using more Oct-Dec than I used last year) and with the government £400 back hander on my bill, my total energy cost for 2022 will be 52% lower that last year. I cannot use any less than I do and when this rate runs out I will get a very big shock.

 

[marco]

some of these fixing costs examples are truly shocking, its not for me or anyone to advise but i'd have to be out of my mind to sign up to any of these, my opinion for what its worth is 5k fixed is simply not affordable so why try protecting yourself from it becoming 6,7 or 8k, all i can do is play it month by month and when the month arrives 'which will' they wont be getting paid, its as simple as that i'm afraid and this will be the same for probably 70% of households

 

[Mike Brock]

some of these fixing costs examples are truly shocking, its not for me or anyone to advise but i'd have to be out of my mind to sign up to any of these, my opinion for what its worth is 5k fixed is simply not affordable so why try protecting yourself from it becoming 6,7 or 8k, all i can do is play it month by month and when the month arrives 'which will' they wont be getting paid, its as simple as that i'm afraid and this will be the same for probably 70% of households

My thoughts exactly

 

[hampshireblue]

At the very best, it's a bit like telling EVERY household that their income is going down by £3k+ per year. The trouble is,even if people can absorb it, their discretiaonary spending then falls by at least that amount therby sucking that money from the rest of the economy, much of which the government gets 20% VAT on. As it stands it gets 5% on gas and electric and little on food, but if that's all people can afford to buy,then tax receipts will fall massively. We're fooked if it stays as it is.

 

[bobmcfc]

some of these fixing costs examples are truly shocking, its not for me or anyone to advise but i'd have to be out of my mind to sign up to any of these, my opinion for what its worth is 5k fixed is simply not affordable so why try protecting yourself from it becoming 6,7 or 8k, all i can do is play it month by month and when the month arrives 'which will' they wont be getting paid, its as simple as that i'm afraid and this will be the same for probably 70% of households

I'm already paying £300 a month and I'm £190 in credit
Used to pay £160 now they want over £700. Its a national scandal

 

[Elbow beards]

I'm already paying £300 a month and I'm £190 in credit
Used to pay £160 now they want over £700. Its a national scandal

Somethings got to give, fucking huge riots are gonna insue in the new year if nothings done