what are peoples gas bill rising to ?

No gas in our property just electric. I was paying £81 per month but now pay £141 per month. Stopped using oven and hobs.
Similar to us only ours has gone up to 180 and change. It's brutal isn't it? I'm lucky that I can charge my car for free both at home and at work. Otherwise that'd be more on top
 
I had a guess at this this morning after viewing the Dutch futures domestic gas prices graphs

Last Apr the gas SC went up only 1p but the gas per unit price went up 83% to 7.22pKwhr
So I am expecting the same , maybe 2 or 3p on the SC but this time 100% pu to 14.50pKwhr

When gas was affordable say Jan21 , (2.91pkWhr) it was a stable 40 on the futures graph. Now today, it's 200 , so that's a five fold increase on unit use price, from 18 months ago, hence 2.91 x5 about 14.5

Electric, I haven't got a clue as they hiked the SC from 26p to 47p on the last change and the actual pu price increased 35%
 
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?
Have you contacted your supplier as some (albeit only a few) allow you to port to a new property

If not, you may also have exit fees to pay
 
How can the goverment let them put the charges up so much when the bigger companies already making billions at the current rates.
I'm on a fixed contract paying £81 a month. Still got a year and 3 months left. I'm really hoping things change for the better because we will really struggle to pay the numbers I keep hearing about.
 
We'll have jumped from £108, to £250 (What we were told would cover us for the year ahead) and probably beyond £350 within a calendar year. That's around twenty quid less than the mortgage in my previous home.

This price rise will surely put to bed the colossal fools who think you can just stick a couple of LED lightbulbs in and turn things down a degree. Oh yes, and stop buying a weekly takeaway cappuccino to keep you awake for Netflix in the evening.

These rises are the equivalent of me taking my wife for an all inclusive week in Turks and Caicos, something which would never, ever have been in our household budget a year ago.
 
I got my gas capped.
Had the meter taken away and bled all the radiators.
The convector heaters and shower are all electric.
Use a microwave, not a cooker.
Bought a travelling kettle and got rid of the big one.
Use LED lights and got rid of all lamps.
Dont use tube-lite in bathroom or kitchen.
Double glazing and double curtains at every door and window.
Just got to get some draught excluder and hope all goes well during the winter.
Pretty grim really.
 
How can the goverment let them put the charges up so much when the bigger companies already making billions at the current rates.
I'm on a fixed contract paying £81 a month. Still got a year and 3 months left. I'm really hoping things change for the better because we will really struggle to pay the numbers I keep hearing about.
I remember a few years ago when Venezuela decided to nationalise power and reduce bills for their citizens. It didn’t end well. Big business weren’t happy and their government fell and the country wasn’t supported externally.
 
For those who have accounts in credit, you can request a change to your direct debit amount. I brought mine down from £262/month to £210/month for gas and electric. I'm still in credit (just)
 
'New research has found that oil giant Shell paid £0 in tax on their UK oil and gas production in 2021. Instead they were net beneficiaries, pocketing £100m in handouts from the UK government. The likes of Norway and the US gained £17bn in tax from the firm over the same period.

Since 2016, both BP and Shell have been huge net beneficiaries of the UK tax system, having been handed a cumulative total of £727m of UK taxpayers’ money over this period. This is despite the firms making £10s of billions in profit and paying £bns in tax in other jurisdictions.

Had the UK implemented the same tax regime as Norway on these oil and gas corporations, British taxpayers would now be better off to the tune of over £1,000,000,000,000 (one trillion pounds). Y

https://twitter.com/evolvepolitics/status/1557325008141258760
 
'New research has found that oil giant Shell paid £0 in tax on their UK oil and gas production in 2021. Instead they were net beneficiaries, pocketing £100m in handouts from the UK government. The likes of Norway and the US gained £17bn in tax from the firm over the same period.

Since 2016, both BP and Shell have been huge net beneficiaries of the UK tax system, having been handed a cumulative total of £727m of UK taxpayers’ money over this period. This is despite the firms making £10s of billions in profit and paying £bns in tax in other jurisdictions.

Had the UK implemented the same tax regime as Norway on these oil and gas corporations, British taxpayers would now be better off to the tune of over £1,000,000,000,000 (one trillion pounds). Y

https://twitter.com/evolvepolitics/status/1557325008141258760

The hand outs are mostly decommissioning contributions long ago agreed I think.

That does go to an issue we should all have regarding energy.

If the external costs were laid on energy companies, including health issues caused and the cost of dealing with the measures to tackle or recover from freak and extreme weather, renewable energy would be by far the most economic.
 
For those who have accounts in credit, you can request a change to your direct debit amount. I brought mine down from £262/month to £210/month for gas and electric. I'm still in credit (just)
I was thinking about that, but the £250 (plus July/August/ September credit) could give us a bit of help over the winter (Oct- March) when the bills will be recalculated.
 
I was thinking about that, but the £250 (plus July/August/ September credit) could give us a bit of help over the winter (Oct- March) when the bills will be recalculated.

That's what I am thinking too - in fact I have been paying more than they suggested knowing that it will go up in Oct. I appreciate I am fortunate to be in a position to do that and not everyone can but an extra £50 a month in the account might make our shock in October a little easier. Don't get me wrong, we are feeling the squeeze as well.
 
I moved house 1 year ago and fixed until March 2024. However when the price cap increased EDF put my direct debit up from £96 to £210 and I've just checked today and I'm £680 in credit. Got the next bill due August 31st so I'm expecting to be further in credit due to the heating not being on since end of May. Not sure how much to drop the DD by.
 
I moved house 1 year ago and fixed until March 2024. However when the price cap increased EDF put my direct debit up from £96 to £210 and I've just checked today and I'm £680 in credit. Got the next bill due August 31st so I'm expecting to be further in credit due to the heating not being on since end of May. Not sure how much to drop the DD by.
Might be a daft question but why are they increasing your DD if you are on a fixed deal?
 
I remember a few years ago when Venezuela decided to nationalise power and reduce bills for their citizens. It didn’t end well. Big business weren’t happy and their government fell and the country wasn’t supported externally.
Yeah because the Americans sabotaged and suffocated Maduro’s government. They can’t allow socialism to prosper!
 
Might be a daft question but why are they increasing your DD if you are on a fixed deal?
DD value is worked out as tariff x expected use. If you use more (or less) then they will adjust it up (or down). If they were a new customer at a new property then they probably just estimated as the average for that size house but everyone consumes differently.
 
think I'm paying £77pm & they think I'll be -£33 by the "end of the plan" which is odd as I'm Standard Variable for both. So I guess I'll be £125-150 come January. Though that is a MASSIVE hike from my £36pm I was paying this time last year..
 
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.
Inflation puts the cost of everything up, so does increased demand, and lack of available labour.

Wages/ materials/ demand in construction/ utilities/ maintenance are all up massively, and available labour is extremely low.

It's the perfect storm, combined with the high gas prices.
 
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