what are peoples gas bill rising to ?

Ian Bairds Ears

Well-known member
I'm trying to get an answer now about the standing charge that's coming...how much are we all going to be paying...?
Seriously sounds frightening some of the figures that my mates are mentioning....between 4 and 6 hundred a month In some cases...wtf!!!!
How is this even going to be enforceable...
 

Cambsred

Well-known member
I don't understand why the standing charges are increasing when its the cost of the product that is going up. I thought the standing charge covered infrastructure rather than the fuel itself.

I have oil, and have no idea what the costs will be.
 

ThatFragranceGuy

Well-known member
I don't understand why the standing charges are increasing when its the cost of the product that is going up. I thought the standing charge covered infrastructure rather than the fuel itself.

I have oil, and have no idea what the costs will be.
Standing charges cover a number of things, the reason for the increase is listed as:

  • The cost of moving everyone whose firm went bust to new suppliers.

  • Increases in fixed network costs (the cost of maintaining the energy networks).

  • An increase in policy costs (such as green levies and the rise in the warm home discount rebate).
 

ThatFragranceGuy

Well-known member
Standing charges and unit rates aren't yet known. You can estimate your bill hike by applying the percentage increase being forecast to your current forecast annual bill.

Price cap announcement is august 24th I think, the company making the predictions have been pretty hot so far in accuracy
 

Glover_elbow

Well-known member
Standing charges cover a number of things, the reason for the increase is listed as:

  • The cost of moving everyone whose firm went bust to new suppliers.

  • Increases in fixed network costs (the cost of maintaining the energy networks).

  • An increase in policy costs (such as green levies and the rise in the warm home discount rebate).
theres no way the rates of increase are justified
 

Cambsred

Well-known member
Standing charges cover a number of things, the reason for the increase is listed as:

  • The cost of moving everyone whose firm went bust to new suppliers.

  • Increases in fixed network costs (the cost of maintaining the energy networks).

  • An increase in policy costs (such as green levies and the rise in the warm home discount rebate).

Naively I thought the cost of absorbing the new customers was brought into the last price increase.

The other increases should presumably be at the rate of increase of inflation, as the infrastructure costs and green levies are not new things. These would already have been factored in to previous price rises.

Obviously we will wait for the figures, but i cant understand how significant increases to these can be justified.
 

h_m_boro

Well-known member
Our bills gone from £135 month (gas and electric) now £260 (and I'm now in credit by £250🤷🏻‍♂️🤷🏻‍♂️).
Expecting another £100-120 plus in October? with the governments £66 month included.
Add the cost of petrol, food etc.......ins v outs will be pretty much equal 😬😬
Don't know how a lot of families will cope, it's absolutely shocking.

The ugly face of neoliberalism.
 
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ThatFragranceGuy

Well-known member
Naively I thought the cost of absorbing the new customers was brought into the last price increase.

The other increases should presumably be at the rate of increase of inflation, as the infrastructure costs and green levies are not new things. These would already have been factored in to previous price rises.

Obviously we will wait for the figures, but i cant understand how significant increases to these can be justified.
It depends on a number of things - infrastructure costs aren't all static and Ross with inflation. New investment, replacement and repairs are always needed so depends on what is going on

Cost of running bulb as a going concern is significant too
 

Nano

Well-known member
I'm currently paying £240 and I'm only in credit by about £10 which means I should probably be paying £300 as I've not even been using any gas for 6 months. Expected to rise to £545 in October (Price cap at £3,582) and then £650 in January (Price cap at £4,266). That's an 82% increase on £300 for October and 116% for January. At £650pm that'll be nearly £8k a year for energy (in a very efficient new build house). That's up from £180pm last year, an annual increase of £5.6k or 360%.

These figures are before the very generous £400 government assistance of course.

*I do have an Electric Car so my consumption is higher than typical. Think it's going to be cheaper to run my petrol car at this rate.
 

London_Boro

Well-known member
I've done nothing so far. My bill from Jan-Aug in 2021 was £500, my bill from same period this year, Jan-Aug 2022 was £750.

They asked me if I wanted to fix and sent the below numbers, which I'm thoroughly baffled by, stating it was an exclusive Fixed tariff just for me....

If I do nothing
Gas - £1409
Elec - £817

Fixing Your Prices
Gas - £2905
Elec - £1390

Erm, I think I'll do nothing?
 

starplayer

Well-known member
Currently on a 2 year fix at £155/ month which runs until December. £450 in credit. Unfortunately we are moving house so have to start again in October. Did a tentative uswitch comparison for now and its £6200/ year. Almost 350% increase. Wow.
Wonder how long before they come down?
 

Huddboro

Well-known member
Currently on a 2 year fix at £155/ month which runs until December. £450 in credit. Unfortunately we are moving house so have to start again in October. Did a tentative uswitch comparison for now and its £6200/ year. Almost 350% increase. Wow.
Wonder how long before they come down?
Just did the same. Ours is around £1500 a year, nearest alternative was Scottish power at £3k. No thanks.
 

BaronSmoggie

Well-known member
I pay £150 a month with BG and it'll stay that way, regardless of what the price cap is. I just can't afford to pay more and run my house. Especially as my mortgage payment has just gone up £125 a month too. I'll deal with the debt later when I'm in a better position to overpay.
 
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