October 2022 price cap - likely prepayment charges by region and fuel.

  • meldrewreborn's Avatar
    Level 91
    Hi everybody.

    i posted my calculation for the October price cap rates for Direct Debit customers last Friday - I've now completed the calculations for prepayment customers. To repeat what I've said before for the benefit of new readers, OFGEM allows supplier a tiny bit of wiggle room on these charges as they set a maximum charge suppliers can make for zero units in a year (in effect the standing charge), and then another figure, inclusive of any standing charge, for a set number of units per annum. So for these calculations I have to assume that suppliers charge the maximum they can for the standing charge - most suppliers (but not all) did this last time - Eon Next did. It is possible that they could lower the standing charge and increase the unit prices instead - we'll see what happens when they announce their figures.

    Figures are VAT inclusive

    VAT inc VAT inc
    Electricity Maximum standing Charge per day £'s Maximum charge per kWh if maximum standing charge applied £'s
    North West 0.4833 0.5037
    Northern 0.5497 0.4915
    Yorkshire 0.5458 0.4992
    Northern Scotland 0.5610 0.4997
    Southern 0.4948 0.5111
    Southern Scotland 0.5570 0.5065
    N Wales and Mersey 0.5364 0.5284
    London 0.3828 0.5267
    South East 0.4775 0.5219
    Eastern 0.4403 0.5194
    East Midlands 0.5083 0.4992
    Midlands 0.5419 0.5061
    Southern Western 0.5767 0.5075
    South Wales 0.5421 0.5086
    GAS Maximum standing Charge per day £'s Maximum charge per kWh if maximum standing charge applied £'s
    North West 0.3751 0.1504
    Northern 0.3751 0.1497
    Yorkshire 0.3751 0.1499
    Northern Scotland 0.3751 0.1501
    Southern 0.3751 0.1517
    Southern Scotland 0.3751 0.1501
    N Wales and Mersey 0.3751 0.1504
    London 0.3751 0.1522
    South East 0.3751 0.1502
    Eastern 0.3751 0.1507
    East Midlands 0.3751 0.1497
    Midlands 0.3751 0.1505
    Southern Western 0.3751 0.1517
    South Wales 0.3751 0.1507




    Some of you might remember the Royal Observer Corps motto "forewarned is forearmed".

    I'm only trying to help by giving this data, which is not ever going to be good news.
    Current Eon Next and EDF customer, ex Zog and Symbio. Don't think dual fuel saves money and don't like smart meters. Chronologically Gifted. If I offend let me know by private message, but I’ll continue to express my opinions nonetheless.
  • 2 Replies

  • JoeSoap's Avatar
    Level 91
    @meldrewreborn

    I’ve noticed for the first time that at the bottom of the community home page there are notifications of posts that haven’t been answered and yours is amongst them.

    I thought I’d respond to kill two birds with one stone by thanking you for the hard work you put in to this post and others like it and to remove it from ‘the in-tray’ at the bottom of the page.

    The list of unanswered posts seems never-ending as when one is dealt with another appears.

    Is it a new thing?
    I'm an Eon Next dual fuel customer with no particular expertise but have some time on my hands that I am using to try and help out a bit.
  • meldrewreborn's Avatar
    Level 91
    @JoeSoap

    thanks for your support and the info above I’ll investigate the nil replies as you have done.