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Energy Bills

2 lurkers | 54 watchers

EvilPixie Sep 2022 8:25am, 2 Sep 2022 35,289 posts	Quote Pin EvilPixie we're with 1 supplier I believe (hubby does it!) but have Gas CH and hob with electric oven 'cos we're Gas CH does this mean we shouldn't get such a hit as it's the electric that's pricier ?
Corrah Sep 2022 8:28am, 2 Sep 2022 7,605 posts	Quote Pin Corrah PenW what supplier are you with? I do get a bit fed up that essentially building up credit is giving my supplier a free loan.
Shades Sep 2022 8:37am, 2 Sep 2022 795 posts	Quote Pin Shades PenW - impressive getting 5% on your credit balance from your energy supplier. That's quite a problem stopping you getting a smart meter. I suppose eventually we'll all have to have smart meters so they'll need to resolve problems such as yours. Well certainly worth it for me getting a smart meter. I turned off my little towel radiator on 28th August and my daily usage has dropped by about 30 pence a day. That equates to £110 a year at current prices, and will be £200 per year when prices increase from 1st October. I do miss having warm towels but not enough to switch it on again. I will use it in the colder months but usually when I get back from my run I'm still on Economy 7 hours so will switch it on for my morning bath and then switch it off again.
Shades Sep 2022 8:40am, 2 Sep 2022 796 posts	Quote Pin Shades Pix - the price of gas has gone up too. The Energy Price Cap applies to electricity and gas.
EvilPixie Sep 2022 8:44am, 2 Sep 2022 35,292 posts	Quote Pin EvilPixie So probably will jump massively then as it's heading to winter was trying to find a glimmer of hope!
Shades Sep 2022 8:55am, 2 Sep 2022 797 posts	Quote Pin Shades For gas the price per kWh is going up from 7 pence to 15 pence and daily standing charge from 27 pence to 28 pence
EvilPixie Sep 2022 8:56am, 2 Sep 2022 35,294 posts	Quote Pin EvilPixie ta
Mushroom Sep 2022 9:02am, 2 Sep 2022 2,462 posts	Quote Pin Mushroom Ovo Energy pay 5% interest on credit balances - for those customers with them for over 3 years. For newer customers they pay a smaller amount, 3% I think. However, they currently suggest that staying with your existing supplier is probably the best action at the moment.
Muttley Sep 2022 10:09am, 2 Sep 2022 1,805 posts	Quote Pin Muttley 5% is considerably better than most savings accounts. Maybe I can sign up with them -- I don't need their energy, I just want to park some money with them
PenW Sep 2022 5:13pm, 2 Sep 2022 2,725 posts	Quote Pin PenW Yes I am with ovo and it is 5% as I’ve been with them for 3 years. It starts at 3%. You need to pay by direct debit and keep the account in credit.