Webb22 apr. 2024 · Octopus have said so, and it's quoted earlier in one of these threads. Looking logically, each kWh that a tracker customer paid 18p for, could have been sold for 31p plus a government subsidy of 17p or whatever the actual figures are. This opportunity cost is not why it has been claimed that it is loss making. Webb20 sep. 2024 · The regulator Ofgem’s price cap – the maximum suppliers can charge customers on their standard variable tariffs – was already set to rise by 12% to £1,277 a year for average (dual fuel) use...
Why our energy bills are still going up even when wholesale prices …
Webb11 maj 2024 · READ MORE: Martin Lewis urges anyone who has been on holiday recently to check if easyJet or Ryanair owe them hundreds of pounds in compensation. ... “So if you’re in credit, have been on a standard variable (price-capped) tariff for six months or more, and your direct debit has gone up by far too much: ... WebbPros of variable tariffs. If wholesale energy costs fall, then the price of variable tariffs often falls too; Variable plans don’t usually come with exit fees, so you have the flexibility to switch at any time; If you’re on a standard variable default tariff you’re protected by the energy price cap, which is the maximum you can be charged ... my eye is itchy and crusty
Martin Lewis: Is it time to fix your energy or stay on the price cap?
WebbWhat is the SVT tariff? SVT stands for our Standard (Variable) tariff. It’s the standard rate that we charge for energy and it’s the tariff that you’re likely to be on if you’re an EDF customer but haven’t chosen a fixed tariff. Like our other tariffs, SVT includes a unit cost for each kWh of electricity or gas that you use. Webb9 feb. 2024 · About two million EDF Energy customers on standard tariffs will see gas and electricity bills jump by a typical £693 a year from April, after it announced it's raising … Webb29 sep. 2024 · This is the maximum suppliers can charge customers on their standard variable tariffs and is set to rise by 12% on 1 October. ... MoneySavingExpert Martin Lewis, ... my eye is on the sparrow