OFGEM - AIBU to think residential price cap shouldn't omit certain tarrifs/payment plans?
EamesBird · 01/09/2022 17:27
I moved house last winter, new house is old and draughty with storage heaters and immersion tank. Luckily it has a gas fire and hob but all else is electric and I am too skint to do much about that right now.
I am on white meter/ eco 7 heating which would be tricky to switch obviously and there is very little info online to compare tarrifs.
So far the numbers are;
sept 2021 day rate 22.702p night rate 9.916p standing charge 28.1p
oct 2021 day rate 24.956p night rate 11.345p standing charge 28.15p
apr 2022 day rate 34.068p night rate 15.687p standing charge 53.11p
Oct 2022 who fucking knows...
The cap just doesn't seem to have any bearing on the numbers being charged, AIBU to think this needs more attention from the press - the OFGEM figures don't have any bearing on a lot of people's bills and are essentially the CHEAPEST deals going!
Ofgem extract for comparison;
Last price cap period (1 April - 30 September 2022)
Electricity £0.28 per kWh Daily standing charge: £0.45
Current price cap period (1 October - 31 December 2022)
£0.52 per kWh Daily standing charge: £0.46
Am I being unreasonable?AIBU
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EamesBird · 01/09/2022 17:49
We have unavoidable above average use and have paid £2250 so far this year, so worried about next month.
SavoirFlair · 01/09/2022 18:06
Another one? Message 8 of like, 32 on AIBU today?
MrsPnut · 01/09/2022 18:09
It's because you need the actual rates not the headline figures.
It's on page 4 of this document but you need to do some maths to figure out the rates.
EamesBird · 01/09/2022 18:23
Thank you@MrsPnut - I am really struggling with that document! Is 9a the current period or october onwards?
I can fathom the standing charge from the nil kwh column but don't know where to begin with the kwh charges because of the split rates.
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