£400 energy payment.

[Bemyclementine]

Just had an email to say I will have a deduction if £67 a month from Oct 22 to march 23. My DD is currently £63, obviously will go up next month, but eon have predicted my cost will go up by just over £100 for the year. I'm currently a bit in credit as I've not been using £63 a month in the summer.

Cam this be right?? Seems very odd to me!

It'll even out over the winter.

It is right. People who are lower users of energy will benefit more.

Yes, it's right. It's a blanket discount for everyone. My bill is £170pm, with the £67 discount plus the £650 grant averaging £108pm over 6 months (I get universal credit as a single parent) means I'll be paying basically nothing for energy for 6 months.

If you can, put some money aside for March onwards as we don't know what will happen then.

It's right. All households are getting it. Submit regular readings to see your actual usage on the eon app to make sure that your DD does indeed need to go up x

Yes it’s an incredibly blunt tool to provide state support.

i have a landlord supply because I own the freehold for a block of flats - costs £10 per month and I’m getting the full £400 - it’s ridiculous. Terrible policy!

Blunt equals cheaper and easier to administer. So actually on that measure, it’s an excellent policy.

Also given that without intervention, eight out of ten of all households would have been in fuel poverty this year… it’s an even better policy!

If you are too rich to need it then give it to charity.

So my DD will do down to about £10 then? I'll keep the money aside as suggested, I have a bills account I dobt otherwise touch so it will just stay in there.

Blunter also means fairer and better than Lizzie's stupid scheme. If I pay money to insulate my home why should I loose out on the state support. The new scheme subsidizing each unit of electricity means higher usage households get more subsidy. Hardly encouraging people to use less energy.

@TuesdayBliss if the sector was properly regulated and managed there would be no need for an emergency and reactive policy.

it is entirely feasible for an effective energy policy to have been put in place which could have dealt with external prife
shocks

Are you sure this is right? My dd is £50, and I have built up a little credit (well-insulated house). However EON have predicted my dd will go up to £110 with the new government capped rate, so with the £67 government support I should be paying about the same. Your predicted rise of £100 per year seems very low - perhaps they mean £100 per month?

I've just checked, it's £102 for the year. I havent seen my new dd price yet

An increase of £102 per year is very very low. Most people's is more like £1000+. Without state support, just about everyone on low to middle incomes would be in fuel poverty this winter. With no intervention at all, average bills would have been £5/6/7k+, up from about £1000 or so a couple of years ago.

There's too many variations in usage, disposable income and need vs want (eg do you use twice as much as average because you're housebound and need medical equipment that uses electricity, extra laundry etc or are you just the type who has the heating on 24/7/365 so you can sit around in a t-shirt) to be fair to everyone, so they have settled on a fixed amount that is only a proportion of the increase for most people, with extra support for those who's income is low enough for them to be entitled to UC or are otherwise 'officially' vulnerable, eg beyond retirement age. It's probably as good as they can manage tbf, and if the outcome is that a small number receive 'too much' support then so be it.

I'm not doubting you, but that is extraordinarily low (and very precise for an annual figure). I am a very frugal user (because I'm not here all the time) and live in an extremely well insulated house, but my annual increase will be £720. Surely the increases in standing charges would be more than your predicted <£9 / month increase? Just seems very odd!

@Sirius3030 I understand what you ean, part of my reason for posting. Of course that is the estimated figure. I only have electricity, no gas. I use very little (don't use the tumble dryer, or dishwasher, oil c/h, no shower in the house). When my smart meter was fitted the engine saud had never seen such a low figure ,as the only thing on all the time is the fridge freezer.

I'm really hoping it's correct.