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'Scam' on energy prices!!!!

(32 Posts)
growstuff Wed 13-Sept-23 12:53:46

I wish the media would stop using "average prices".

I don't use anywhere near "average". I want to know how much my standing charges and unit costs are - I can work the rest out for myself.

Caravansera Wed 13-Sept-23 11:43:13

I think you may be reading the numbers wrongly, Franbern.

Average gas standing charge going up to 0.2962 per day from 0.2911 i.e 0.0051 half a penny a day not half a £.

Average electricity standing charge going up to 0.5337 from 0.5292 i.e. 0.0045 less than half a penny a day.

So around a penny a day dual fuel, hence £3 a year £ 300 to £303.

Caravansera Wed 13-Sept-23 11:32:05

This from Andrew Capstick at MoneySavingsExpert writing on 25 August 2023:

Despite the fall in the amount we'll pay under the Price Cap from October, the high daily standing charge – that we all pay just for the facility of having a gas and electricity connection – remains high. So perversely the less you use, the less you save.

Currently, under the July Cap, it's £300 a year before you even use any gas or electricity, if you pay by direct debit. From October, it will rise to £303 a year. We've asked Ofgem why standing charges have increased again, and we'll update this story when we hear back.

www.moneysavingexpert.com/news/2023/08/energy-bills-to-fall-as-new-price-cap-is-announced---what-you-ne/

Here's the chart from the link but remember they are average prices. Standing charges vary by region. Generally, the further you are away from the south east, the more costly it is to get energy to you, the higher the standing charge.

growstuff Wed 13-Sept-23 11:20:22

Does anybody have an official link to these new prices?

I think (hope) you've got this wrong Franbern and that the daily charges are going up to the amounts you've quote and not by them.

Foxygloves Wed 13-Sept-23 11:17:40

On top of this they are all posting vastly inflated profits too 🤬🤬🤬🤬

Elusivebutterfly Wed 13-Sept-23 11:10:00

I'm with EDF as well. I don't know how they compare to other suppliers. I am paying an enormous amount already for gas and electricity - it's a large percentage of my pension - to pay that much more is scary.

Franbern Wed 13-Sept-23 11:05:13

So, the energy companies are sending out emails informing us how they are lowering their prices as from 1st October!!!!!

Yep, right, whist they are very slightly reducing the per unit charge, they are INCREASING THE daily standing charge on both Leccie and Gas. Mine (EDF) by 42p per day for gas and 50p pr day for Leccie. Meaning, whether I use it or not, whether I am even at home or not, my charges are going up by over six pounds per week!!!

It is bad enough they are doing this, but to try to convince us thaey are lowering the cost of energy is just treating us as idiots1!!!