@kjunecarter no worries! Don't worry i was in the same boat recently and decided to fix with an eye on what was going to be a huge rise in prices from October and then again in January. I don't think the newly announced state subsidised rates have been announced. The cap will be £2500 a year on average usage, every person will have a different cost yearly based on usage. The current cap is £1971 a year on average usage. If you go on Money Saving Expert. com there is a lot of good advice.
New government energy scheme set to be announced.
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Level 608-09-22@gazjwilko It would be usedul if the Government and News sites actually published unit costs of the caps rather than just giving the average figure. Would be much easier for everyone to work out where they stand. -
Level 9108-09-22@Arms
There are two fuels, 3 methods of payments, 14 regions plus additional tables for economy 7/10. It's too complicated for the mainstream media to deal with. I've provided actual and likely unit rates on this forum in the past and will do so again once they're announced elsewhere.
My back of the envelope calculations suggests 36p per unit for electricity and 9.5 p for gas.Current Eon Next customer, ex EDF, 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. -
Level 608-09-22@meldrewreborn Thanks for that, it's very helpful. It's entirely possible the government just thought of a figure and haven't actually worked all that stuff out yet either.
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Level 9108-09-22@Boo
Martin Lewis says the relevant government minister told him those on fixed deals can switch to the Price Guarantee rates (but probably only from 1 October) without paying an exit charge. He then goes on to say an alternative might be 30% off the fixed price tariff - the same sort of percentage off that those on variable tariffs will get.
I'm afraid I don't have the ear of a government minister at the moment, (though I've met a few in my time or is that in my dreams) so I'll defer to Lord Lewis of MSE on this one. But no benefit in making a knee jerk reaction on this one. -
Level 9115-09-22@Martintel
There is a hold up in the Government defining the rules of their scheme, and without that being finalised the suppliers can't let customers know their tariff details. It's not, in this instance, the supplier's fault. -
Level 101-10-22Any updates on this? The information on the site seems to suggest Fixed Rates customer won't get a discount. is that correct?
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Level 8001-10-22Hi @sukpmp ,
Everyone will benefit from the discount whether on fixed, variable or prepayment. The only people who won't are mainly those who have fixed rate deals below the new price floor like me. But if you're in that boat, you're already on a super cheap deal anyway.Just another guy passing by... The unknown tech way...
Pete is an IHD Tariff Update Robot! 🤖 Anasa is a Giant Enemy Robot Spider 🕷 🤖 Hannah is neither! Need Customer service? click here! Replacement IHD Guide? Here it is!
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