These here energy price rises

Why is the standing charges almost doubling in price? I understand the reason they’ve given about the supply and demand on the global wholesale market blah blah blah but should that affect the standing charges?

 

Laura has just got our bill for gas and electric. She's on a tariff paying £195 a month. Letter came through saying they want £355 and they're going to stick us on a meter if we don't pay it.

 

Martin Lewis did a special this morning on GMB someone asking him about bumping his energy usage on a reading on the low prices now to save money later. He had to tell them it's fraud but let's be right a lot of people will be doing it.

 

So much for ‘ contacting your supplier if you have any issues with your billing/ tariffs’ Instead they issue threats with your initial communication about the increases. They need naming and shaming then If/ when things get back to anything like normal, our memories may not be so short when choosing a supplier

 

Don’t go on a metre ,it’s just mysery and when we was on just so much stress

 

how crafty wish I thought of it ,muggins me giving true readings

 

Apparently it's to pay towards all the energy firms that have gone bust or have been bailed out, it stinks.

 

I’m with Shell going up to 260 a month from 145 ,sure Shell made 12 billion last year in profit WTF

 

I’m with Bulb, this is my price increase,how do other peoples compare …note the standing charges,

We're increasing our electricity unit rate from 20.067p to 27.358p per kWh and electricity standing charge from 26.815p to 48.527p per day.

We're increasing our gas unit rate from 3.982p to 7.280p per kWh and standing charge from 26.112p to 27.219p per day.

 

Standing Charges haven't been used by energy companies to pay for meters for decades. They are part of the make up of your energy usage.

The reason they have gone up is because wholesale energy prices have gone up.

 

We're with eon or aon I didn't really hear Laura right. She tried ringing them and got some snotty pill ock quizzing her about how many people lived in the house (like it mattered) and told her not to leave things plugged in on a night etc. She's ringing them back today to see if she can do a deal.

 

Cheers mate, it was a genuine question

 

Don’t know if I’ve gone wrong here. I’ve got a Smart meter and just gone on my account and noticed the last gas and electric meter reads were in January this year. I’ve submitted reads today and they’ve just informed me that I am £19 in debit and they forecast they my future usage will require me to pay another £10 per month more DD. Now it was only last November when my fixed tariff expired and my monthly DD increased by £40. I’m now wondering if the current increase is based on pre- April 1st price cap increase, or will they increase it again?

 

We're with Eon too, electric only as oil heating.
Gone from £70 to £116 as we managed to grab a one year fixed on the one day in Feb they issued it before it was massively oversubbed cos I think they offered it too cheap. Sorry to gloat.

 

Ya Barsteward

 

Prices increase on 1st April to the new energy cap. I'd suggest giving another reading tomorrow so your usage is not overly charged on new rates from that date.

 

I've been with Octopus for several years having switched from Ovo. They've adopted a cap price £50 below the recommended and seem to be trying to do a bit to keep prices as low as they are able. That said, the DD is doing up by £56 a month, though we're trying to limit energy usage as much as possible.

 

From a recent Guardian article (link below).

"Standing charges cover a range of costs faced by suppliers. Rory Stoves, from comparison website Energyhelpline, says for electricity these include network costs – running and maintaining the system, the supplier of last resort scheme, and things such as the warm home discount.

Stoves says network costs “inevitably go up, especially when inflation is high, as there are rising costs for wages, materials and so on.
But a far bigger part of the increase is from the “supplier of last resort” scheme – every household is expected to pay the billions that have gone into rescuing customers from failed companies."


https://www.google.com/amp/s/amp.th...harge-up-by-80-energy-firms-pile-on-the-agony

 

Yes, I heard that. All companies who took on customers from other companies are allowed to charge everyone an extra £68 to ‘cover their costs’ (pretty sure that they’re going to make a profit from all those new customers but whatever). The only way to get the guaranteed amount is to increase standing charges that everyone has to pay.

 

how pantronising