Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Soldato
- Joined
- 7 Sep 2020
- Posts
- 3,675
- Location
- Gods Country
currently its at 2.5k.....April its rising to 3k, then in June/July it supposed to drop to 2.2k. But lets see what happens.
Martin Lewis has written to the gov to scrap the april rise, as its no longer needed and will push more people into fuel poverty
Soldato
- Joined
- 25 Mar 2004
- Posts
- 15,978
- Location
- Fareham
Yep cheapest yet to date. Funny though as I don't use the heating much now anyway, lately just in the morning for a boost.
Cap is meant to be the max. Not the actual price.
Soldato
- Joined
- 7 Sep 2020
- Posts
- 3,675
- Location
- Gods Country
cap is the average cost...not the max cost
It literally is the maximum and supplier can charge. The lack of competition and the fact the costs were higher than the cap meant that all suppliers charged the cap !
The ‘average cost’ is the average consumption versus the unit cost.
This cap has been in place years ( didn’t labour bring it in ?)to protect people who never changed suppliers and just sat on the going rate. It’s nothing new in recent times
Last edited:
Yeah, best thing I have done in ages money saving wise. Currently at 6p gas and 22.5p electricity. Thats 40% off gas and about 30% off electricity. Including the £50 referral I am probably going to see my energy bill nearly halved this month.
Soldato
- Joined
- 7 Sep 2020
- Posts
- 3,675
- Location
- Gods Country
i didnt state unit cost, i stated average bill cost.......yes the unit cost is the max, barring regional changes
Based on the cap the average bill rise as gone from £1225 to £2500....will rise to £3k and then back down to £2.2k
Unit cost will be around 33p ( current) 45p ( april) and then around 26p in June/July......
The Cap is the max cost that can be charged per unit
It's calculated using the average wholesale price from previous months
The Cap impact cost to customers, is often quoted using average use data
Last edited:
Average bill is just average consumption. So that’s fixed and the unit cost is what drives it.
Learn how to use an ellipsis properly too.
Soldato
- Joined
- 7 Sep 2020
- Posts
- 3,675
- Location
- Gods Country
Just NO....that comment isnt required
Soldato
- Joined
- 28 Sep 2014
- Posts
- 3,560
- Location
- Scotland
EDF's UK profits soar after electricity price hikes
But the French energy firm made huge losses as a whole due to problems with its nuclear reactors.
www.bbc.co.uk
EDF UK profit soared to £1.12bn in 2022.
EDF UK has 5.22 million customers, that worked out £214 per customer.
No full stop? Disappointing.
Well people can always make their own nuclear power stations ?EDF's UK profits soar after electricity price hikes
But the French energy firm made huge losses as a whole due to problems with its nuclear reactors.www.bbc.co.uk
EDF UK profit soared to £1.12bn in 2022.
EDF UK has 5.22 million customers, that worked out £214 per customer.
Soldato
- Joined
- 4 Aug 2007
- Posts
- 21,988
- Location
- Wilds of suffolk
Yeah simples.
Problem is you can't buy the fuel and when you start enquiries for centrifuges you attract some attention from GCHQ. No idea why.
Yeah simples.
Problem is you can't buy the fuel and when you start enquiries for centrifuges you attract some attention from GCHQ. No idea why.
Yeh, look what happened to Sheldon!
EDF's UK profits soar after electricity price hikes
But the French energy firm made huge losses as a whole due to problems with its nuclear reactors.www.bbc.co.uk
EDF UK profit soared to £1.12bn in 2022.
EDF UK has 5.22 million customers, that worked out £214 per customer.
Sure
Also....