Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

See all MNHQ comments on this thread

Gas and electricity bills to soar

783 replies

Cosmos123 · 18/09/2021 17:33

This is worrying as it will push many into fuel poverty.
Rising food prices and empty shelves.
Is anyone worried?

OP posts:
Thread gallery
14
Peanutsandchilli · 18/09/2021 22:18

Just had a dig about online and found that anyone in the same situation as us (with Utility Point) will be switched to EDF.

DixonD · 18/09/2021 22:19

@Lockheart

brexit etc has nowt to do with it

The UK has very little gas storage capacity. It is heavily reliant on imports. Brexit has much to do with it (as do several other factors).

It’s not Brexit. Gas prices have soared everywhere.

I checked our bill account today and British Gas have changed our direct debits (without informing us) from £45 and £65 for gas and electric to £87 and £129!!

I see from this thread that this is the new normal!

Notlabeled · 18/09/2021 22:21

@Stellaris22

That's ok, I'll ask the experts at the well respected energy consultancy where DH works and actually know what they're talking about.
Hope that smugness will keep you warm at night.
MackenCheese · 18/09/2021 22:22

I was on £89 per month duel fuel for a 4 bed detached house, which was a bargain. To my horror my provider has just ceased trading and British Gas have taken over. I expect my rates to go through the roof now... not looking forward to my next bill Sad

tiddlysquat · 18/09/2021 22:26

I think you can switch after you've got your new supplier if you've been put on it because your old co went bust ?

Shehasadiamondinthesky · 18/09/2021 22:26

I only pay £42 a month in total for gas and electricity and I live in a three bedroomed house.
On my own admittedly but you do have to change your provider all the time to get a good deal.

leccyandgas · 18/09/2021 22:32

I've just read a report that another 4 energy companies are likely to go bust this week. I have a feeling that the one who supplies me is one of them. I had started a switch last week to another company but I think that will probably fail because the supplier of last resort who will be appointed will overide it.

ballsdeep · 18/09/2021 22:35

@coolhwip

Sorry can someone explain fixed tariffs to me? We’ve always just had standard tariffs.

We are in a 3 bed end terrace and pay £36 for gas and £30 for electricity, although we’ve never given a meter reading since we moved in 2014.

The meters are outside so maybe the companies are accessing themselves?

you need to give them a meter readkng. I don't mean to scare you but you could owe loads!
ShinyThingsDistractMe · 18/09/2021 22:37

I'm on PAYG. 2 bed semi just me and son and WFH. I'm on about £10 a week electricity and £6 a week gas. I expect Gas to rise in the winter.

But I'm such a stickler for not wasting gas and electricity. Lights are always turned off. Appliances not in use turned off not on standby. Gas heating won't go on unless it's still cold with dressing gowns socks and slippers on.

I think I'm just going to have to be as strict as possible to limit the hike.

dontdoitlikethatdoitlikethis · 18/09/2021 22:39

I only pay £42 a month in total for gas and electricity and I live in a three bedroomed house.
On my own admittedly but you do have to change your provider all the time to get a good deal.

Well good for you.

As countless people on the thread have explained, they already switch all the time, check all the comparison websites including cheaper energy clubs etc - and their bills are still soaring.

Your gas and electric are low because there is only one of you. There are four of us and I was paying around £105. My usage last year was 4% down on the previous year. My cheapest switch was almost £150. Wait til yours comes up for renewal and let's see if you're so smug then.

Dreamstate · 18/09/2021 22:44

Well ill be going to the office more over winter then. Much cheaper than heating house all day not to mention electricity costs now the prices have been hiked up.

I eont be turning on my heating until absolutely necessary.

I need to fix my tariff in Nov and its already saying its going to be £97 from £55 and onto of that ill be losing £50 due to NI rise thats almost £100 pm ill be losing oh wait not to mention council tax will go up no doubt another £20pm there

Time to look for a job to get a payrise to offset this

Corrag · 18/09/2021 22:45

Do we know who the four companies are that are expected to fold next week?

Willyoujustbequiet · 18/09/2021 22:55

My electricity has just gone up £60 with no increase my usuage from last year. Total including gas will be over £200 per month for a 4 bed newish house.

I cant afford that sort of money. Its ridiculous. Bloody tory government is so incompetent.

TiddleTaddleTat · 18/09/2021 22:58

Blimey, thanks for the heads up. I've had my head in the sand and only skimmed the email from my energy supplier. Monthly bills increasing by over £40 for our duel fuel!! Argh. No, we can't easily afford it.
Will be strict about not putting the heating on but I wfh in the coldest room in the house. I will need to start turning the TRVs down on al the other radiators if I get cold during the day and want the heating on.
Is electric throw low energy usage? Better than gas heating I imagine?
I've already got blankets etc but find I get freezing sat in front of the computer all day.

justasking111 · 18/09/2021 23:01

We changed this month it took ages to work through our energy costs are still 40% higher this coming year. I am worried for the future

Mumtofourandnomore · 18/09/2021 23:03

Firstly, your direct debit does sometimes go up during a fixed deal if you are consuming more than expected - that’s not prices going up, that just means the original estimation of your usage wasn’t correct. You only ever pay for what you use - it’s a false economy to have low direct debits and estimated bills. If you don’t have a smart meter, make sure you give regular readings to avoid getting hit at a later date.

Next, at the moment it’s probably best not to switch, the government price cap will protect you (fixed price deals are more expensive than the variable at the moment because the latter is protected by the price cap). Gas and power price curves do predict a fall in prices but not for a few months, so if you sign to an expensive switch and prices fall, you’ll pay over the odds. Best to just go on to the big standard variable rate. Energy company are under pressure because of the price cap - it has already been fixed and so they are losing money to the extent commodity prices are higher than the cap. So, we are all hoping for a warm winter - energy companies included. Little suppliers are going bust because they don’t always hedge their future purchases (hedging means that suppliers essentially ‘fix’ their commodity costs in advance - hence why some of the big names are now the cheapest).

If you swap into a new supplier, it’s probably best to stay with them tbh, due to government regulation, no energy company is making loads of money - but keep an eye on the market because if prices fall you might then get a better deal.

Btw, this has nothing to do with Brexit - it’s about a fall in generation.

Misty9 · 18/09/2021 23:08

Shit, just checked my account and my fix ends in 3 days! Haven't heard from the supplier so have emailed now. Maybe I'll cancel that new rad... Confused

justasking111 · 18/09/2021 23:12

My D'S worked in the oil industry for 14 years the industry shrank his company now just ticking over he took the redundancy as did colleagues. As a geophysicist he said countries wanted to go green and oil is not wanted

SpiderinaWingMirror · 18/09/2021 23:12

We are with ovo.
We pay 124 pm for gas and electricity. Just coming to the end of our 2 year fix. Logged on tonight and they say the cheapest new fix that they will offer is 219!
So have done a 2 year elsewhere for 145.

FreedomFaith · 18/09/2021 23:12

I use bulb and put £60 a month in on a direct debit. Or used to, the prices have increased so its more like £80 now, but we have such a build up of money on the account I don't need to increase yet but might anyway. That's with us wfh too, both of us. Gas and electric on a 2 bed house. Very rarely have heating on, house is quite warm anyway.

Threearm · 18/09/2021 23:12

Just incase of blackouts/supply cut offs. Would it be wise to have a camp stove, gas for said stove and lots of candles/torches to hand? Or if that overkill seeing as I don't own the former

justasking111 · 18/09/2021 23:22

We don't live rurally now so our supply of candles has shrunk. It's always an idea to have some in but don't forget matches

HeechulOppa · 18/09/2021 23:59

We are so fucked aren’t we

SpindleWhorl · 19/09/2021 00:08

@HeechulOppa

We are so fucked aren’t we
Probably.
Swipe left for the next trending thread