[meldrewreborn]

Here are the Ex VAT maximum prices under the EPG, and the percentage change from 1 October 2022 prices. Standing charges are not changing this time. You can also see at a glance the additional costs incurred if you don't pay by direct debit.

	From 1 0ctober 2022			From 1 January 2023
Direct Debit	(p/kWh ex VAT)			(p/kWh ex VAT)
Region	Electricity: Single rate metering	Gas		Electricity: Single rate metering	Gas		Electricity percentage change	Gas percentage change
North West	31.882	9.836		31.74	9.84		-0.45%	0.04%
Northern	30.705	9.715		30.35	9.71		-1.16%	-0.05%
Yorkshire	31.456	9.756		31.43	9.76		-0.08%	0.04%
Northern Scotland	31.494	9.788		31.21	9.79		-0.90%	0.02%
Southern	32.596	9.960		32.65	9.96		0.17%	0.00%
Southern Scotland	32.155	9.788		32.30	9.79		0.45%	0.02%
North Wales and Mersey	34.269	9.851		34.71	9.85		1.29%	-0.01%
London	34.093	10.009		34.36	10.01		0.78%	0.01%
South East	33.633	9.805		33.71	9.81		0.23%	0.05%
Eastern	33.388	9.819		33.46	9.82		0.22%	0.01%
East Midlands	31.446	9.750		31.25	9.75		-0.62%	0.00%
Midlands	32.121	9.842		32.22	9.84		0.31%	-0.02%
Southern Western	32.248	9.930		32.09	9.93		-0.49%	0.00%
South Wales	32.355	9.900		32.35	9.90		-0.02%	0.00%
Standard credit (paying after usage)
Region	Electricity: Single rate metering	Gas		Electricity: Single rate metering	Gas		Electricity percentage change	Gas percentage change
North West	34.485	10.584		35.13	10.70		1.87%	1.10%
Northern	33.245	10.456		33.66	10.57		1.25%	1.09%
Yorkshire	34.037	10.500		34.80	10.62		2.24%	1.14%
Northern Scotland	34.077	10.533		34.56	10.65		1.42%	1.11%
Southern	35.238	10.715		36.08	10.83		2.39%	1.07%
Southern Scotland	34.773	10.533		35.71	10.65		2.69%	1.11%
North Wales and Mersey	37.001	10.600		38.26	10.72		3.40%	1.13%
London	36.815	10.767		37.89	10.88		2.92%	1.05%
South East	36.330	10.552		37.21	10.67		2.42%	1.12%
Eastern	36.072	10.566		36.94	10.68		2.41%	1.08%
East Midlands	34.027	10.494		34.60	10.61		1.68%	1.11%
Midlands	34.737	10.591		35.63	10.71		2.57%	1.12%
Southern Western	34.871	10.683		35.50	10.80		1.80%	1.10%
South Wales	34.984	10.651		35.77	10.77		2.25%	1.12%
Prepayment meters
Region	Electricity: Single rate metering	Gas		Electricity: Single rate metering	Gas		Electricity percentage change	Gas percentage change
North West	30.974	10.109		30.76	10.29		-0.69%	1.79%
Northern	29.811	10.037		29.39	10.21		-1.41%	1.72%
Yorkshire	30.547	10.060		30.45	10.24		-0.32%	1.79%
Northern Scotland	30.592	10.083		30.23	10.26		-1.18%	1.76%
Southern	31.678	10.233		31.66	10.41		-0.06%	1.73%
Southern Scotland	31.237	10.083		31.31	10.26		0.23%	1.76%
North Wales and Mersey	33.329	10.110		33.70	10.29		1.11%	1.78%
London	33.159	10.276		33.35	10.45		0.58%	1.69%
South East	32.709	10.088		32.72	10.26		0.03%	1.70%
Eastern	32.466	10.137		32.47	10.31		0.01%	1.71%
East Midlands	30.544	10.040		30.27	10.22		-0.90%	1.79%
Midlands	31.204	10.116		31.23	10.29		0.08%	1.72%
Southern Western	31.339	10.235		31.11	10.41		-0.73%	1.71%
South Wales	31.441	10.138		31.36	10.31		-0.26%	1.70%

[meldrewreborn]

The changes are because OFGEM changed ( increased!!) its prices ordinarily chargeable under the price cap. The government has increased its EPG contribution to keep the average dual fuel price (ex VAT) to £2,500 per annum. The results are shown above.

• The EPG gave, from October-December 2022, a unit rate discount of 17p/kWh for electricity and 4.2p/kWh for gas
• from January 2023 to March 2023 the reduction is greater, 31.8p/kWh for electricity and 6.4p/kWh for gas

The EPG will be changed to reflect an average price of £3,000 from April 1, so in general terms expect a 20% hike in net rates payable then.

[Tommysgirl]

@meldrewreborn
Thanks for the information. Very helpful!

[Mailman]

DD customers hardly see any change but Standard/Prepayment see a small change. Northern DD customers will see a very slight reduction. So I expect to see the rates for my Bills for post Jan 1st altered accordingly to reflect this marginally lower rate.

[retrotecchie]

@meldrewreborn

Joy... My electricity unit price has gone down. A whole 0.005p per kWh. That will save me a couple of pence over the coming quarter.

[Tommysgirl]

Originally Posted by retrotecchie

@meldrewreborn

Joy... My electricity unit price has gone down. A whole 0.005p per kWh. That will save me a couple of pence over the coming quarter.

Wow! At that rate you can look forward to a Mars bar in about 10-12 years time.😃🍫

[meldrewreborn]

Originally Posted by retrotecchie

@meldrewreborn

Joy... My electricity unit price has gone down. A whole 0.005p per kWh. That will save me a couple of pence over the coming quarter.

I do so enjoy making you happy!!

[meldrewreborn]

Originally Posted by Tommysgirl

Wow! At that rate you can look forward to a Mars bar in about 10-12 years time.😃🍫

Not if you factor in inflation!!

[Tommysgirl]

Originally Posted by meldrewreborn

Not if you factor in inflation!!

Oops, I forgot about inflation. Better make it 12-15 years for the Mars bar then, (because I doubt if inflation will go down any time soon)!

[retrotecchie]

@Tommysgirl

At my time of life, 12 to 15 years is too long to wait. I'll hang on for 5 years and settle for a Mars Bar out of the Miniature Heroes box.