Energy Suppliers, Suppliers of Energy. Gas / Electric

As Sam W says, nothing inherently wrong in that they continue to supply domestic connections, I’d just prefer to be with someone who I know is solvent and stable (as much as possible). Huge brain drain from bulb so very much running skeleton staff, probably fine if nothing goes wrong. My views of course, YMMV.

thanks for the info, hopefully moving soon so will see who we get, am currently with bulb.

As a non UK resident. What are your electricity bills approx. each month?
This winter is going to be interesting to say the least.

If you’re on a fixed tariff already then absolutely do a “take me with you” and get the tariff you’re on at the new home. Must be better than what you can get now!

i'm with bulb too and with all the price hike chaos, I can't work out if its better to just ride it out or switch now.

National average usage (dual fuel, “normal” 3 bed semi , 4 occupants) from October will be £3.5k per year for both gas and elec as a price cap. Currently £2k, forecasted c. £5k in Jan 23…

But bear in mind this is average usage costs, higher users will pay more, lower users less as it’s a cap on unit rates not a cap on total bills.

Yeah, super tough one. The MSE advice bobble linked to is quite good. If you’re offered a fixed tariff by your current supplier at 140% of current price then worthwhile. If you value certainty then maybe up to 150% on current. I’d not be fixing for more than a year at the moment, prices will fall (slowly) and you don’t want to be caught out

Unfortunately Bulb only do one tariff and it’s variable...

Ah yes, shame! Well at least a chance to see what else you might get with someone else. Won’t be worse off at least.

using the MSE calculator and it's suggesting the UW £290/month 1 year fixed contract is strongly worth considering, would have to change phone provider and broadband too! Current bills are £120/month.

Horrifying.

I did the calculator thing that helps you find a better deal than your current one and it basically said to stay bc there was no other option.

Does feel insane to be the only country to be facing this crisis in such a colossal way.

I'm a distributor for UW and just did this for my in laws and wifes granny, there overall bills went up by around 30% (from variable to fixed) which was manageable for them, I tried to find all the other fixed deals around from the likes of SSE, Octopus, Scottish Power and UW were better but definitely do your own research. I've just moved my supply to Octopus as we have an EV and their rates are far better for us on the off-peak rate as we have to charge up storage heaters as well.

So, not so inside scoop but if you’re thinking of fixing based on the 140% premium MSE calculator you may want to hold off till nearer the end of the week: https://www.bbc.co.uk/news/business-62791113

Or if you do change, make sure it has no exit fees so you can drop back to variable depending what the announcement is exactly.

Here in sweden were pretty fucked as well. Im lucky to live pretty frugally in a rental apt with low bills but there are talks that households will face electricity bills in the thousands/month. Paper and some food producers are already shutting down/slowing production.

Ditto Germany, and France has had pretty hefty govt intervention as well…

Not really relevant to the news or working from home thread so will put here

https://www.bloomberg.com/news/articles/2022-09-02/price-breakdown-how-much-will-it-cost-to-run-appliances-in-uk-energy-crisis

Kettle x10 per day...
Also oven should be yellow not blue?
Nice graphic though

Interesting, but confusing. Is that showing the cost per day per item (with assumed length of use per day), or is it the total cost over the period Oct-Jan if these devices are used for an average of x hours per day?

Isn't it how much it costs to use it once, on the left is how long a single use is. So eg kettle you multiply by however often you use it per day, if you want to know cost per day.

What hoefla says, cost per average single use duration per day using the tariffs for the october to jan price cap

Thanks, makes sense but feel it could have been better explained in the graphic. Interesting, £10 a day to heat the house!

How much does a new kettle cost per hour?

negative amounts

I’ve been in similar situations for something wildly different and the whole having to prove your innocent thing is crazy.
I actually ended up in a police station (of my own free will) getting them to run checks on me and supplying paper work to prove I wasn’t a criminal because some third party hired hand was told I was.

My situation is still not resolved.

I keep checking my credit record to ensure it's clean, but aside from that I just wait for the next thing from them so I can reply with the same evidence again. 🤷