[user104658]

Originally Posted by bitontheslide

My gas bill is tiny because i got a fixed deal, i am basically basking in warmth. Even with the fixed deal on electricity its still higher than i ever dreamed it would be, and when i get an sms to tell me it's been paid i always have a few choice swear words ready

What per-unit prices did you fix on?

[bots]

not sure, but i pay £180 for electricity and £60 for gas

[user104658]

Originally Posted by bitontheslide

not sure, but i pay £180 for electricity and £60 for gas

Definitely seems like a good fix on gas - ours was sitting at about £170 (Dec and Jan bills) but should be down a fair bit this month, maybe even half, the heating was on literally 18 hours a day during those cold snaps and it's only maybe 6 or 7 hours now. Like I said over summer it's generally off permanently from April - October, it'll be great .

Pretty hefty on the leccy there though ours is only about £130 now, which is down significantly by cutting a few key things... but I'd say we're still a high-usage household, with me WFH and youngest currently homeschooling 4 days out of 5 so there's always someone here, usually two people, with various devices and whatnot running. Plus when not at school my eldest is usually sat similtaneously on the PC, phone plugged in, VR on, little mini-fridge humming away full of skincare products that "have to stay cold" ...

So £180/month does sound pretty hefty. Not growing anything in your attic are you bots?

[bots]

yeah, i need to switch everything off and then bring things back gradually to see whats hitting the electricity, i'm more inclined to do that when the weather gets a bit milder and the days get longer

[Cherie]

Our last gas bill was 224.00

Leccy was 115.00

So your leccy sounds well out BotS...60.00 for gas though ..what a bargain

[user104658]

To be fair... If I remember rightly, leccy was looking to be something like 60p/unit on the October cap before the govt. limit was set. It's around 35p/unit with the govt cap so on fixed deals taken before that was announced, I can see it being maybe 45p/unit. Fixed deals don't get the government cap, I believe.

[arista]

BBC News Text:
[The price of European natural gas falling
to its lowest level since
Russia's invasion of Ukraine - giving a boost
to the UK and EU economies.]

[arista]

Meanwhile,
Over in the
French EDF Company

EDF: French energy giant posts worst-ever results

https://www.bbc.co.uk/news/world-europe-64674131

[EDF 2022 was a miserable year with record
annual losses of €17.9bn (£16bn).
A price cap on energy for French consumers
hit EDF profits hard
but so did the enforced closure
of many of its of nuclear power
stations for repairs.]

The losses are the third biggest
in French corporate history and the
worst for more than 20 years.

EDF's debts have spiralled to €64.5bn.]

[Zizu]

Soooo how much should we have had back from the government since the ‘system’ started .. .. last year ?

Just one £400 lump ??


Sent from my iPhone using Tapatalk Pro

[Zizu]

Originally Posted by Cherie

Our last gas bill was 224.00

Leccy was 115.00

So your leccy sounds well out BotS...60.00 for gas though ..what a bargain

That’s per month presumably .. on DD


Sent from my iPhone using Tapatalk Pro

[Cherie]

Originally Posted by Zizu

That’s per month presumably .. on DD


Sent from my iPhone using Tapatalk Pro

I pay 200.00 a month DD plus the 67.00 from the government

The above is the actual usage for Jan

[Cherie]

Originally Posted by Zizu

Soooo how much should we have had back from the government since the ‘system’ started .. .. last year ?

Just one £400 lump ??


Sent from my iPhone using Tapatalk Pro

400 but split into 67.00 payments from Oct to March

[Zizu]

Originally Posted by Cherie

400 but split into 67.00 payments from Oct to March

Thank you !


Sent from my iPhone using Tapatalk Pro

[Vanessa]

Just got my February vouchers. Thank you

[arista]

[user104658]

I honestly think the impact upcoming is being over-inflated because the cap raise coincides with summer... bills for anyone paying for actual usage (which includes pay-as-you-go) will be lower over the summer, even with the unit price increase, and people paying a fixed DD the amount they pay already SHOULD already reflect the predicted increases in the DD calculation as they do it as a projection over the whole year.

November '23 - March '24 is the time span to worry about, if prices haven't come down further/more help isn't introduced by then as it'll be this winter all over again, but with 20% higher prices.

[Cherie]

Can someone do the maths on this for me because for me it doesnt end in a 500.00 increase, so the pricecap will drop by a 1000.00 but we lose the 400.000 support surely bills should still be 600.00 less rather than 500.00 more

[user104658]

Originally Posted by Cherie

Can someone do the maths on this for me because for me it doesnt end in a 500.00 increase, so the pricecap will drop by a 1000.00 but we lose the 400.000 support surely bills should still be 600.00 less rather than 500.00 more

Dunno where you're getting the price cap dropping from - the price cap is increasing from £2500 to £3000 and the £400 payment isn't being repeated, which has the net result of bills being £900/year more overall.

Also important to remember that the flat value £2500 "price cap" is meaningless, the actual cap is on unit rate prices, e.g. currently I'm paying about £350/month which works out as £4200 a year. It will be less as I'm paying actual usage and gas use will be tiny over summer, but it'll still be well over £3000 despite the £2500 "price cap".

[Cherie]

Originally Posted by Soldier Boy

Dunno where you're getting the price cap dropping from - the price cap is increasing from £2500 to £3000 and the £400 payment isn't being repeated, which has the net result of bills being £900/year more overall.

Also important to remember that the flat value £2500 "price cap" is meaningless, the actual cap is on unit rate prices, e.g. currently I'm paying about £350/month which works out as £4200 a year. It will be less as I'm paying actual usage and gas use will be tiny over summer, but it'll still be well over £3000 despite the £2500 "price cap".

its just been announced on the news? and its dropping from 1st April, I am fully aware that the cap is meaning less and it is all about what you you! it still doesn't make sense though as gas prices have fallen and yadda yadda about buying in advance, our bills when up regardless of when the bladdy thing was bought...channelling Zizu

https://www.lbc.co.uk/news/energy-pr...l-still-go-up/

[user104658]

As a fun twist - I forgot to put in my readings last month and they over-estimated my gas use by nearly £100 . Whole system is a scam.

"Oh you spent £170 a month on gas, actual usage, over the freezing months of December and January? Well, we estimate that this shorter-and-milder month you used over 1/3 more than that."

Sigh. They also over "estimated" my electricity use by a full 100 kwh despite it having been practically the exact same number for the last 6 months straight. "We suddenly estimate you used 1/4 more leccy for no reason whatsoever right?"

On the plus side - my March bill will be tiny .

[user104658]

Originally Posted by Cherie

its just been announced on the news? and its dropping from 1st April, I am fully aware that the cap is meaning less and it is all about what you you! it still doesn't make sense though as gas prices have fallen and yadda yadda about buying in advance, our bills when up regardless of when the bladdy thing was bought...channelling Zizu

https://www.lbc.co.uk/news/energy-pr...l-still-go-up/

That's the Ofgem cap which is currently irrelevant to the consumer as it's over-ridden by the government cap.

All it means is that the government won't have to pay out as much. Which is potentially good overall - as they MIGHT be more inclined to offer further help over winter 2023 if they've saved on the cap subsidy.

[Cherie]

Originally Posted by Soldier Boy

That's the Ofgem cap which is currently irrelevant to the consumer as it's over-ridden by the government cap.

All it means is that the government won't have to pay out as much. Which is potentially good overall - as they MIGHT be more inclined to offer further help over winter 2023 if they've saved on the cap subsidy.

I dont think that is going to happen, it will be targetting now and they have already pledged 900.00 to the poorest from April 2023 to March 2024, welcome to being a middle income earner where you get no help whatsoever, just get squeezed and squeezed

[bots]

the amount payable will rise by £500 per annum in April which means that those on DD will pay an extra £41 a month if they are a "standard" user. We also wont get the £60 a month rebate, so those on a standard tariff will be paying over £100 a month more. However, what that means is that the government is only subsidising the bill by about £250 per annum, and, in 3 months when the cap is re-evaluated again, the cap will likely be lowered again due to falling wholesale prices. So, we might only be paying that extra £100 per month for something like 3 months. I'm of course, still ok, because i have my fixed price deals and they reckon the fixed price deals will be available again by the middle of the year

[Gusto Brunt]

Originally Posted by bitontheslide

the amount payable will rise by £500 per annum in April which means that those on DD will pay an extra £41 a month if they are a "standard" user. We also wont get the £60 a month rebate, so those on a standard tariff will be paying over £100 a month more. However, what that means is that the government is only subsidising the bill by about £250 per annum, and, in 3 months when the cap is re-evaluated again, the cap will likely be lowered again due to falling wholesale prices. So, we might only be paying that extra £100 per month for something like 3 months. I'm of course, still ok, because i have my fixed price deals and they reckon the fixed price deals will be available again by the middle of the year

I'm not on benefits but I understand Universal Credit pays just £74.00 per week to a single man ow woman, with no children. How is he or she expected to pay the extra money? In fact, I don't know how anyone pays any of their bills on just £74.00 per week. I'd expect the food bill alone to be over £50.00.

[arista]

https://www.theguardian.com/business...-subsidies-cut