Current price cap

  • markorobison's Avatar
    Level 1
    Hi everyone.

    Just been doing bit of research regarding potentially switching with the new cap starting 1st October.

    I basically asked this same question last year and was looking in the wrong place. However this time I'm not so sure.

    Basically as far as I can see for the north west, where I am based, the capped standing charge daily rate for electricity is 51.19p. However according to my Next Flex tariff info I'm currently being charged 63.849p.

    Is this allowed or am I missing something?
  • 2 Replies

  • Best Answer

    Mailman's Avatar
    Level 59
    Best Answer
    Hi everyone.

    Just been doing bit of research regarding potentially switching with the new cap starting 1st October.

    I basically asked this same question last year and was looking in the wrong place. However this time I'm not so sure.

    Basically as far as I can see for the north west, where I am based, the capped standing charge daily rate for electricity is 51.19p. However according to my Next Flex tariff info I'm currently being charged 63.849p.

    Is this allowed or am I missing something?

    The current and future cap standing charges for all regions are contained inThis ofgem document

    The NW currently enjoys 51.19p per day standing charges for electricity. This should be what Eon Next are billing you atm if you are on the Next Flex tariff. If you are on fixed tariff this might be different.

    Are you still being billed for the North Wales and Mersey region as your Previous thread last year seemed to indicate that you were then and continue several months later.
    Last edited by Mailman; 27-08-24 at 22:10.
  • retrotecchie's Avatar
    Level 92
    @markorobison

    The capped SC for the Mersey and North Wales (known as Manweb in the old days) region is 67.05p a day including VAT. That goes up to 67.89p in October.

    North West is a different region with a lower regional Standing Charge, currently 51.19p and increasing to 52.04p in October.

    Your figure of 63.849p is the current Standing Charge for the Mersey and North Wales region exclusive of 5% VAT.
    Last edited by retrotecchie; 27-08-24 at 23:20.
    Don't shoot me, I'm only the piano player. I DON'T work for or on behalf of EON.Next, but am willing to try and help if I can. Not on mains gas, mobile network or mains drainage. House heated almost entirely by baby dragons.