You have to ask yourself if it's going to go up by £800 in October or not.
Not sure what to do, fix or stay on flexible tariff?
Because your only getting 6 months at that figure then you'd be on either another even higher fixed or the same variable the rest of us will be on.Why £800?
I really can't get my head around this
How much are they predicting it will go up again in October?
Work out how many kWh of each gas and electricity you will use between now and October (6 months) and the figures below are the difference not including the 5% VAT
Gas 3.68p kWh
Elec 8.71p kWh
So if you use 2000kWh of electricity that would cost you £182.91 extra on the fixed vs the variable, but you'd save £34.21 in standing charge costs. You get the idea, work out what you use and do the simple maths, then make a guess, no reason why you have to fix right now either, it's not like we are anywhere near October yet, so if anything you want to be looking at fixing in August time.
So happy to just say half them for 6 month period.
Yeah, fair point. However, still can't work out what is best. Thinking to go with the fixed, Gas is more, but will use less over the summer months and will cover me if there is a big increase in Oct.Between March and October you are never going to use 5000kWh of Gas.
It would have to be a hell of an increase to make the fixed worth it.Yeah, fair point. However, still can't work out what is best. Thinking to go with the fixed, Gas is more, but will use less over the summer months and will cover me if there is a big increase in Oct.
I am low usage, my yearly amounts are:
So happy to just say half them for 6 month period.
- Gas 10,000 kWh
- Elec 2,000 kWh
Low usage? Your gas isn't that low.
My own annual usage is:
This is why I am annoyed about subsidising the unit rate with an extortionate Daily Charge, people like me get screwed
- Gas 3,850 kWh
- Elec 1,200 kWh
I can see gas scaling with size of house die to heating, but I'd have thought electric doesn't scale the same way. One if the guys I work with uses about 2000kwh a year and his Mrs works from home all week and he uses the telly every night with either a pc or ps4. I can't understand why his is so low, I'm beginning to think his meter doesn't work right.
Wow, some of this gas usage is insane (to me). We're:
Elec: 6626kWh
Gas: 2201kWh
Two people in a large two bedroom flat, gas boiler for water and central heating etc.