Just had an offer from Octopus

[quicklybeendrivenmad]

Octopus energy
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Your current tariff
Flexible Octopus
Unit rates
Electricity: 27.35p per kWh
Gas: 7.28p per kWh
Standing charges
Electricity: 48.26p per day
Gas: 27.22p per day
Your new tariff options
Octopus 12M Fixed
£989.12
monthly estimate
Loyal Octopus 12M Fixed
Most popular
£945.53
monthly estimate
This tariff features 100% renewable electricity and fixes your unit rates and standing charge for 12 months. There are no exit fees, so if you change your mind, you're in control.
Your new quote
£11,869.50

God knows where these figures have come from, last months gas was £19 and Electric £180!! Who the hell would sign up to £989 per month at nearly £12k a year. Love how they say Loyal Octopus "Most popular" popular to who? Think they mean them.

@GreenFingersWouldBeHandy
And keep your smug "Well I can afford it so why can't everyone else?" opinion to yourself please.
I didn't get this from @Sporty2022's post at all

It's plainly a complete misreading of Sporty's post. You need to go back and read it again GreenFingers

@FourTeaFallOut Maybe I misinterpreted as such because I can't even afford my energy bills at the moment, let alone when they go up again.

Apologies @Sporty2022 if I took it the wrong way, but just sounded as though you couldn't understand why people couldn't afford their bills.

It must all feel very precarious and stressful. It's hard enough trying to build a business without this financial chaos to contents with. Sporty was just saying, like many others have, that this shouldn't be happening in this country.

You’ve completely misunderstood me! I meant for Christ sake it’s appalling that we’re a rich country and people can’t afford to hear their homes and even have to think about using a cooker to use energy!

Greenfingers, we are a working family and cannot afford these proposed bills.. my point was it’s shocking that we all have to suffer when we’re a rich country. My anger is at the government. I’m far from smug as I can’t afford to pay the cap.

Maybe I should have been clear Lee on my earlier post. It’s horrendous that people won’t be able to pay these bills( me included) when we live in a rich country.

Clearer not clear Lee!

following with interest…I also had an over £1000 per month quote to fix. 4 bed London property (admittedly with a large downstairs)

but seriously - is there any better in the market out there? Competition has completely gone out the window; Martin Lewis explains why on relevant pages of MSE. He’s completely disgusted: but the energy market in the Uk has been broken LONG before the wholesale energy price increases

Sorry, I’m also with Octopus.

That's absolutely ridiculous

I know @woodhill I am a total rate tart and usually manage to play the energy companies at their own rotten game. But, this time, I am completely stumped!

it’s shocking how incompetent energy companies’ operations were even before all this. Dire.

And Ofgem is a TOTAL joke of a “regulator”.

Yes so am I but mine ran out in November and there were no good deals.

Our provider isn't doing

Can anyone help me understand if I would be better fixing?

The first image is the price cap rate with eon next. The second is what they are offering for a one year fix. MSE is saying it's worth considering.

It's 108% higher than the flexible rate to fix and just over £3k a year. Ugggh!

@Pittapatcat I get that as 127.55% for gas and 138.74% higher for electricity. I personally wouldn't fix at that but its not up to me

@Pittapatcat Are you sure you input the figures correctly as when I use them I get it as 'borderline'

I've double checked and put in all the data again. It's coming up as 108% higher to fix and just over 3k a year compared to £1458 on variable for now

@dementedpixie are you inputting my figures to get borderline?

Weird. I used your figures and it gave a different % difference which is more in keeping with what I calculated

This is the energy we use annually which might change things

@Pittapatcat I agree with @dementedpixie - those figures don’t add up.

I wouldn’t fix at that.

How much credit have you got?

Btw, ML does sometimes get things wrong…

Sorry I put in my own kwh usage but the prices are the same. I can't understand why the result would be different

Perhaps to do with the ratio of standing charges to usage, which will be different depending on overall usage.

It does change when I input your usage but the underlying prices are higher than what I would fix at

Somebody posted this on another page