New energy prices

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New energy prices

Postby TheOstrich » 06 Sep 2024, 22:29

Eonnext have emailed me my new energy prices from 1st October, Daily standing charges are 31.30p for gas and 64.28p for electric, rises of about 0.50p each.
I gather from my ex-work colleague in Bridport who's with British Gas that their electricity standing charge is going to be over 68p.

My unit useage prices are rising to 6.31p gas and 24.61p electric. The electric is a fair jump, over 2p. :evil:

I've just stuck our monthly direct debits up to compensate, not least because we've started turning on the central heating this week, it's been so miserable ... :|
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Re: New energy prices

Postby Workingman » 06 Sep 2024, 23:01

I moved to Octopus recently. My gas charges are 5.64p per unit and 34.7p standing charge. For electricity they are 20.45 kWh and 65.38p standing charge.

Roughly some 70% of my costs, ATM, are standing charges. That cannot be right or fair even though they are cheaper than my other supplier.

The % SC will go down in the winter as I use more energy, but still.
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Re: New energy prices

Postby cromwell » 07 Sep 2024, 11:10

The standing charges are just robbery.
The energy companies know that people will try to use less energy this winter because of losing the WFA and the rise in energy costs, so they stick the standing charge up to keep profits high.
It's disgraceful, really.
"Facts do not cease to exist because they are ignored" - Aldous Huxley
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Re: New energy prices

Postby cromwell » 07 Sep 2024, 11:10

The standing charges are just robbery.
The energy companies know that people will try to use less energy this winter because of losing the WFA and the rise in energy costs, so they stick the standing charge up to keep profits high.
It's disgraceful, really.
"Facts do not cease to exist because they are ignored" - Aldous Huxley
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Re: New energy prices

Postby Workingman » 07 Sep 2024, 18:15

All energy suppliers claim that the SC is to cover their operating costs: that's not true. A large part of it is to cover the losses of suppliers such as Bulb, Spark and many others. These went bust yet were registered to operate by OFGEM. A lot of them rode on the backs of traditional suppliers such as Scott Power, EOn and British Gas and those main suppliers should suck up the losses from their profits - not us consumers. These chancers failed so they should pay.

OFGEM is the problem here. It could set a maximum charge for all suppliers, but it won't. All these OFfices are supposed to protect consumers but they seem to be in hock to their industries.
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