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[Sir Tigger KC]

Woo hoo they've lowered our vastly inflated gas & leccy bills!    Slightly... 

I'm with Octopus on the standard variable tariff and I was paying:

Gas: 7.80p kwh  S/C 32.94p per day.
Elec: 29.17p Kwh  S/C 62.11p per day.

My new rates are:

Gas: 6.51p kwh S/C 34.11p per day.
Elec: 24.95p kwh S/C 70.60p per day.

Although they've reduced the rates on usage slightly, the bastards have jacked up the standing charge again! 

Who are you with and what are you paying? 

[TheBoy]

That sounds above the new price cap rates....

https://www.ofgem.gov.uk/publications/changes-energy-price-cap-between-1-april-30-june-2024#:~:text=Electricity%20rates,and%20Wales%20and%20includes%20VAT.

I'm with the ever useless British Gas since my energy company went tits up 2 or 3 years back, and they charge me the OFGEM rates for energy and standing charge.

[Sir Tigger KC]

That sounds above the new price cap rates....

https://www.ofgem.gov.uk/publications/changes-energy-price-cap-between-1-april-30-june-2024#:~:text=Electricity%20rates,and%20Wales%20and%20includes%20VAT.

I'm with the ever useless British Gas since my energy company went tits up 2 or 3 years back, and they charge me the OFGEM rates for energy and standing charge.

That's probably because I pay monthly for my usage rather than having a direct debit.  I know I pay slightly more, but I have control and they can't swipe huge amounts from my bank account.

I pay a month in arrears as well, so it's like having a free overdraft! 

[STEMO]

That sounds above the new price cap rates....

https://www.ofgem.gov.uk/publications/changes-energy-price-cap-between-1-april-30-june-2024#:~:text=Electricity%20rates,and%20Wales%20and%20includes%20VAT.

I'm with the ever useless British Gas since my energy company went tits up 2 or 3 years back, and they charge me the OFGEM rates for energy and standing charge.

That's probably because I pay monthly for my usage rather than having a direct debit.  I know I pay slightly more, but I have control and they can't swipe huge amounts from my bank account.

I pay a month in arrears as well, so it's like having a free overdraft! 

I'm with Optopus and have been on a fixed tariff since July, it was slightly cheaper for gas and leccy before this reduction and is slightly dearer now. But..my standing charges are much cheaper, so that makes up for the fuel.

I pay by direct debit, but can alter the amount at any time.

[Sir Tigger KC]

I've had problems with energy companies taking large amounts from my account and have found getting refunds from them is like getting blood out of a stone. 

Hence, I pay my bills the old fashioned way and always make sure my account is in debit.  Fk 'em! 

[Rangie]

We're with Scottish power & pay by direct debit which I am in complete control of, never had an issue with them had an email from them this morning saying that their prices have been reduced currently paying £57 per month for gas & electric.

[STEMO]

We're with Scottish power & pay by direct debit which I am in complete control of, never had an issue with them had an email from them this morning saying that their prices have been reduced currently paying £57 per month for gas & electric.

About the same as me, Mick.

Except mine has a 2 in front of the 57 

[Raeturbo]

Mine too👍

[Kevin Wood]

That sounds above the new price cap rates....

https://www.ofgem.gov.uk/publications/changes-energy-price-cap-between-1-april-30-june-2024#:~:text=Electricity%20rates,and%20Wales%20and%20includes%20VAT.

I'm with the ever useless British Gas since my energy company went tits up 2 or 3 years back, and they charge me the OFGEM rates for energy and standing charge.

That's probably because I pay monthly for my usage rather than having a direct debit.  I know I pay slightly more, but I have control and they can't swipe huge amounts from my bank account.

I pay a month in arrears as well, so it's like having a free overdraft! 

I have a massive overdraft from Octopus because they didn't increase my direct debit during the silly prices, but reduced it by the amount of the government top-up, then only hiked it a couple of months ago.

I'm not complaining that they decided to give me a couple of grand of interest free loan.

[Sir Tigger KC]

That sounds above the new price cap rates....

https://www.ofgem.gov.uk/publications/changes-energy-price-cap-between-1-april-30-june-2024#:~:text=Electricity%20rates,and%20Wales%20and%20includes%20VAT.

I'm with the ever useless British Gas since my energy company went tits up 2 or 3 years back, and they charge me the OFGEM rates for energy and standing charge.

That's probably because I pay monthly for my usage rather than having a direct debit.  I know I pay slightly more, but I have control and they can't swipe huge amounts from my bank account.

I pay a month in arrears as well, so it's like having a free overdraft! 

I have a massive overdraft from Octopus because they didn't increase my direct debit during the silly prices, but reduced it by the amount of the government top-up, then only hiked it a couple of months ago.

I'm not complaining that they decided to give me a couple of grand of interest free loan.

The money is better off in your account!   

[TheBoy]

We're with Scottish power & pay by direct debit which I am in complete control of, never had an issue with them had an email from them this morning saying that their prices have been reduced currently paying £57 per month for gas & electric.

I seem to recall you saying you kept massively in credit with your energy company, which probably explains the low monthly figure.

[Rangie]

We're with Scottish power & pay by direct debit which I am in complete control of, never had an issue with them had an email from them this morning saying that their prices have been reduced currently paying £57 per month for gas & electric.

I seem to recall you saying you kept massively in credit with your energy company, which probably explains the low monthly figure.

Yes I put £1500 in our account when all the ridiculous figures were first quoted quite a while back as it was earning  nothing in my ISA, I was paying £60 per month then & they wanted to increase it to £300 per month ! I've never paid that amount for anything ever in my life, we are now £597 in credit which suits me fine & paying £57 per month.

[Raeturbo]

 Only £57😱  standing charge will be over £30 a month leaving only £27 for gas and electricity?  Are you sure you don’t mean £57 per week?

[cam.in.head]

ive been with british gas for both for many years and just pay the quarterly bill at the post office when they send it . even thou i get the occasional meter reader round its pretty much always an estimated bill and is more of less correct !

[Rangie]

Only £57😱  standing charge will be over £30 a month leaving only £27 for gas and electricity?  Are you sure you don’t mean £57 per week?

.

No definitely £57 per month 👍