The Student Room Group

Energy bills to fall again from July under new cap

https://www.bbc.com/news/articles/cxeey91v540o.amp

At least some good news, it’s not really a lot in my opinion but it’s something.

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I'll believe that when I see it.
Everyone I've spoken to has not seen any reduction in their energy bills since mid 2020.
Personal residential customers or business customers.
Reply 2
Original post by mallowtopia
I'll believe that when I see it.
Everyone I've spoken to has not seen any reduction in their energy bills since mid 2020.
Personal residential customers or business customers.

It's relative to the prior quarter.

Energy bills are still about 50% higher than pre-inflationary shock.
Reply 3
Original post by mallowtopia
I'll believe that when I see it.
Everyone I've spoken to has not seen any reduction in their energy bills since mid 2020.
Personal residential customers or business customers.

Did they fix for a long time?
Reply 4
Original post by Talkative Toad
https://www.bbc.com/news/articles/cxeey91v540o.amp
At least some good news, it’s not really a lot in my opinion but it’s something.

Debra Baxter has high energy use throughout the year, having to charge her wheelchair to get out and move around her home.

“The lower [prices] are still not enough to pay for my wheelchair to be charged every day,” she said.

I dont think people have a good idea about what is costing them.

An electric wheelchair will go 100km on 2.5kWh and 2.5kWh would probably cost her about 75p

What hasnt come down (and no one is talking about) is the standing charge.

You could be paying 50p per day just for being connected to the grid (i. e £180 per year) which is too much imo.
the standing charge got jacked up for everyone by ofgen to sweeten the deal for surviving suppliers taking on the customers of all the micky mouse suppliers that crashed... Iirc it was supposed to be a short term emergency measure.
Hope so, my bill was 178 quid this month.
Reply 6
Original post by Joinedup
Debra Baxter has high energy use throughout the year, having to charge her wheelchair to get out and move around her home.
“The lower [prices] are still not enough to pay for my wheelchair to be charged every day,” she said.
I dont think people have a good idea about what is costing them.
An electric wheelchair will go 100km on 2.5kWh and 2.5kWh would probably cost her about 75p
What hasnt come down (and no one is talking about) is the standing charge.
You could be paying 50p per day just for being connected to the grid (i. e £180 per year) which is too much imo.
the standing charge got jacked up for everyone by ofgen to sweeten the deal for surviving suppliers taking on the customers of all the micky mouse suppliers that crashed... Iirc it was supposed to be a short term emergency measure.

Are you sure only you is talking about that?
Reply 7
Original post by Quady
Are you sure only you is talking about that?

Ive not heard anyone talking about standing charges.. But I havve heard a lot about how the price cap is falling by £122 (which is entirely down to a cut in the unit rate afaict) to the point that Im fed up listening to it.
The media is not doing a good job of explaining ofgem, government and energy company bumf IMO
Reply 8
Original post by Joinedup
Ive not heard anyone talking about standing charges.. But I havve heard a lot about how the price cap is falling by £122 (which is entirely down to a cut in the unit rate afaict) to the point that Im fed up listening to it.
The media is not doing a good job of explaining ofgem, government and energy company bumf IMO

Odd

Martin Lewis claims loads of people talking to him about it

https://x.com/MartinSLewis/status/1793916932674007223
Reply 9
I would say Lewis has a somewhat specialised audience of people who are much more 'switched on' to reading and questioning the various lines on their bills than average.
Reply 10
Original post by Joinedup
I would say Lewis has a somewhat specialised audience of people who are much more 'switched on' to reading and questioning the various lines on their bills than average.

But surely they can't all be you...?
Original post by Guru Jason
Hope so, my bill was 178 quid this month.

Is your house like 15 bedrooms or something?
Original post by Djtoodles
Is your house like 15 bedrooms or something?

Thats my gas and electric bill for a 3 bed house
Reply 13
Original post by Guru Jason
Thats my gas and electric bill for a 3 bed house

How many kids?

Scottish victorian five bed detatched with no loft insulation under the slate roof and ours was under £80 in May... 🤔 the direct debit was double that mind but still less than that
Original post by Quady
How many kids?
Scottish victorian five bed detatched with no loft insulation under the slate roof and ours was under £80 in May... 🤔 the direct debit was double that mind but still less than that

None, its me, my dad and my brother.
Reply 15
Original post by Guru Jason
None, its me, my dad and my brother.

Cannabis farm?
Original post by Quady
Cannabis farm?

lmao, no
Original post by Guru Jason
lmao, no

Interesting. My house is a 4-bed detached, with crappy insulation, heated summer house and garage, lived in by a pair of leave the gaming PC on 24/7, love it nice and warm energy using monsters and we come in substantially under your costs, even when ignoring the solar panel contribution.
Reply 18
We shall see
Reply 19
Original post by SMEGGGY
We shall see

You think it might get reversed by the next parliament?

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