Soldato
Still can't reduce my DD on the BG website. I did the math on the new prices and my usage, DD is too high and needs reducing. I'm in credit. Dirty scammers trying to be a bank.
Soldato
email recieved, gas tracker picked. Will be updated by 7th july and back dated to the 1st july.
What tariff you on for electric?
Soldato
Also received and done the gas option.
Although I'm also still waiting for them to get back to me on the gas meter. It started off ok with readings coming through but I've not had any through for several days now. The electricity smart meter is still working.
Soldato
Im on octopus flux, as i have solar…..currently my export covers my leccy and gas import and has put me into credit the last 2 mths
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Man of Honour
We also switched to the tracker today but for both gas and electricity.
Soldato
I considered electricity but majority of our usage is peak times when we get home from work.
Soldato
But peak time tracker is way less than svr rate, so why wouldnt you switch your leccy to tracker???
Soldato
It isn't is it? I read an article that said the average was not much different to SVR, and when I looked at the peak time rates it seemed to be around 33-35p/unit.
Soldato
Tracker leccy is the same rate all day…..agile is the half hourly rate
Soldato
Ah crap Ive looked at the wrong one.
Just done the form again, will send a message also.
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Soldato
Isnt it crazy how they can offer prices that are HALF the SVR.
Just shows how much the companies are on the rob. I dont know why this isn't picked up by mainstream media.
Just shows how much the companies are on the rob. I dont know why this isn't picked up by mainstream media.
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Crazy, why? The SVR is not based on today's spot prices everyone knows that.
Same
Soldato
No but double? And if you look at the weekly rate its quite stable. Why should you need a special tariff, that only one supplier offers, to get the prices these companies are actually paying?
Because the energy is prepurchased, what you're arguing for is unhedged supply which is exactly the reason so many companies in the energy market collapsed recently. Its fine when the good times are rolling but I'll guarantee if the prices shot up you'd be begging for government support rather than paying up.
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Soldato
Is the pre-purchasing strategy of these companies efficient for customers?
Perhaps they should charge wholesale rates + X in the summer and pre-purchase their winter energy.
How do you know the purchasing strategies are designed to minimise costs for customers?
Look at the spot prices for the last year. At points they were significantly higher than the SVR.
The tracker is only better because we are currently in a falling market where the pre-purchased prices lag the current actual. Go back to the start of the war and the complete opposite was true. It was a rising market and the pre-purchased price lagged the spot price which was considerably higher.
Talk about cake and eating it.
In a few months the SVR and spot price should be pretty close. The spot price as seemingly levelled out so the pre-purchased price should catch up to it over time.