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Such a rise in power bills!

(56 Posts)
boheminan Sun 19-Sep-21 15:32:43

It's frightening. With the help of the Martin Lewis site I managed to secure a gas/electric 'deal' of £106 p/m, £43 p/m than my previous payments = £516 a year more (and after I'd secured that the cheapest cost monthly went up (overnight) to £112 p/m.

tanith Sun 19-Sep-21 15:22:21

Thanks I'm in two minds but would prefer to stick with my current provider if i can.

rosie1959 Sun 19-Sep-21 15:12:12

I fixed our with British Gas last March until September 2022 The rate they initially offered did not seem that good so I went through all their different rates took a while but found a good deal my monthly payment has halved
I could not find this on any comparison websites

ElderlyPerson Sun 19-Sep-21 14:10:01

My house is all electric power and I had been on a three year fixed tariff until the end of March 2021. It went up about 40%, though I suppose that that might be three years of accumulated price rises two of which I had not had to pay before.

A one-year fixed price was all that was offered together with the (nasty) condition of having a smart meter, which I don't want anyway and certainly not while the pandemic is on notwithstanding all the promised COVID-19 precautions and promises of cleaning everything they touch.

So it was what is called the flex tariff and it is going up on 1 October 2021. Even if I had had the fixed tariff it would still be heading for a catch-up rise in 2022.

Everything seems to go up faster than pensions.

Also the regulator approves the rise for October so it will not be in the September inflation figure so it will not feed through to pension until April 2023.

Rant rant rant smile

It is good to be able to come to Gransnet and have a rant about it!

Shandy57 Sun 19-Sep-21 11:59:20

I've just been looking as well, Martin Lewis has a good article about it and I've joined his Cheap Energy Club.

I've just bumped into an old friend who is also widowed and has similarly recently downsized. Apparently Ofgem have a 'special offer' on heatpumps, available until March.

tanith Sun 19-Sep-21 11:56:12

I need to either go on a new tariff with present provider or switch. I’ve been on two comparison sites this morning with between them 8/9 different options for my cheapest options and all are over £300 more than my present yearly payment. My own provider is giving me similar figures for sticking with them.
I can’t believe the rise in gas prices will be this bad £300 extra is an awful lot and I’m sure some won’t be able to afford such a rise. What to do is the question? At the end of the day I’m going to have to bite the bullet I guess.