So a doubling of bread, pasta and so on prices to. Oouphh!
Just had the price cap email from Shell - the estimated bill has gone up by another £920 a year. Oof!
I know it’s only Feb but I fear what will happen in October now Putin has invaded Ukraine. I’ve not read any analysis yet and so far ahead or would be very uncertain, but I could imagine another doubling in wholesale gas prices maybe. People would freeze, or starve, or both.
Gas futures for March delivery were up by 34% a couple of hours ago.
Just received notification that my monthly electricity payments are increasing from £120 to £160 which at 33% isn’t as bad as some. This is for both power and heating as we’ve got an ASHP. Also have applied for RHI which will give me £600/yr for 7 years, but in order to qualify, I need to instal another electric meter to monitor power consumption on the heat pump but that will cost me £600!
Was with Green Energy at £2000pa, they went bust so Shell variable £2660 ... now estimated from April at £3960, and then the next God knows what increase in September.
Stocking up on firewood and blankets I think!
Just had my new tariff email from Shell.
Due to them screwing up the meter readings during the switch over they think my Annual Projection is £28,824 going up £10k to £38,973.
They so far haven't sent me my first bill or taken any payments so should come down a few pennies when it's corrected or have just given me the correct prices for October :S
you pay £28 grand a year on energy?
We got booted to Shell Energy after our supplier Pure Planet went pop.
Still haven't had a bill for months, though supposedly we're still £800 in credit.
Just had our revised projection through - up from £1950 to £2,950!! £1,000 rise!
Unbelievable. Still, good thing we took back our borders so the UK Gov't could cut VAT on heating bills, unlike those pesky Europeans. What's that? We're not? And the European countries are?
One big mess up on Shell's me thinks looking at the readings I've logged but no idea how they've managed to do it.
Same here. Pure Planet customer ended up with Shell. Just had my email and whilst my figures don't look quite as dramatic as some of those quoted above I'm genuinely worried about how we'll afford the increase. £50-60 more per month is a huge deal for us. Supposed to be working from home when not in face to face training delivery. I will be back in the office full time I think as I can't afford the additional energy costs. At least I can commute by bike or walk.
Might be time to re-think expectations of the October price cap change - no, it's not good news; bear in mind the annual prices in the article are based on unit prices.
https://www.bbc.co.uk/news/business-60506940
Yeah I'm ex green more shell so have seen the same ~doubling in my bills. Thankfully I have a huge supply of logs from cultivating friendships with several tree surgeons and have not used the gas central heating at all this year. My estimated consumption, (gas for cooking and hot water plus electricity) is to go to just over £2k. If the BBC article is right it will probably be nearly £3.5k by October. I going to put timers on all the lights.
For people on Shell, could someone post up the rates they have been given for April? They've sent me E7 rates and want to see if it's worth switching bit can't find any details on the website.
Another ex Pure Planet now with Shell and my bill is going up by £808 from £1,367 to £2,175 as of the 1st April.
@longwayup Rates for the Flexible 7 tariff.
Your electricity rates will change from 20.207p to 27.090p per kWh and your standing charge per day will change from 26.46p to 48.91p.
Your gas rates will change from 3.954p to 7.225p per kWh and your standing charge per day will change from 26.11p to 27.22p.
Economy 7 rates on shell are as follows:
Your Economy 7 electricity rates will change from 25.614p to 33.110p per kWh for your day rate and 10.542p to 18.038p per kWh for your night rate. Your standing charge per day will change from 24.19p to 43.48p.
Former green customer, was paying around 150 a month, now it will be around 350 a month. That's going to hurt a bit, come October I imagine it will smart a tad more..
Due to them screwing up the meter readings during the switch over they think my Annual Projection is £28,824 going up £10k to £38,973.
Where the hell do you live, Balmoral?
Yet another Pure Planet > Shell customer here, I got my email yesterday too. "Increase in cost: £1,432" 😯 Shit the bed. If my electricity usage is zero it'll still cost me £150/year just for the privilege of being connected to the grid.
Riddle me this though. Why is my "new Flexible 7 tariff" different from others posted here? Does it cost more to pump electricity uphill* or something?
"Your electricity rates will change from 20.140p to 28.020p per kWh and your standing charge per day will change from 24.38p to 42.24p.
Your gas rates will change from 4.043p to 7.343p per kWh and your standing charge per day will change from 26.11p to 27.22p."
(* - potentially...)
If my electricity usage is zero it’ll still cost me £150/year just for the privilege of being connected to the grid.
Solar + battery plus off grid!
Wish I did live in Balmoral but I just don't think Shell know what they are doing. It's interesting that people are having different tariff amounts being given.
Initially Shell sent over the Flexible 6 tariff in October for Standing charge (per day) of 25.66p
and Unit rate (per kWh) of 21.607p which is different to yours.
The latest from Shell I've been given...
Your Economy 7 electricity rates will change from 27.040p to 33.549p per kWh for your day rate and 10.700p to 17.208p per kWh for your night rate. Your standing charge per day will change from 25.75p to 51.70p.
I've got a Smart meter being installed next week as they said they can only bill me on a single rate tariff if I have one installed even though Pure Planet was billing for single rate. I'm going to hazard a guess that this will all go wrong, especially when the first bill turns up and it's something completely different. Any negatives to cancelling the Direct Debit so they can't take the wrong amount?
Yes, it'll destroy your credit rating.
I'm assuming I'm not the only one that's has their Bulb update today. Ours is going from £192 to £241 a month from April.
Actually, thats less than I feared and perhaps maybe due in some small way to some effort to reduce our energy use over the last few months.
I’ve got a Smart meter being installed next week as they said they can only bill me on a single rate tariff if I have one installed even though Pure Planet was billing for single rate
They have targets to meet for installing Smart meters, so saying you have to have one whenever you want something from them is one way of achieving that.
Just had the Bulb email too...
From 1 April, our prices will be increasing
We're increasing our electricity unit rate from 21.547p to 29.484p per kWh and electricity standing charge from 24.027p to 41.660p per day.
We're increasing our gas unit rate from 4.052p to 7.319p per kWh and standing charge from 26.112p to 27.219p per day...
...It's now around four times higher than it was a year ago.
To say I'm mightily pi55ed off paying a 300% hike over prices 12 months ago is an understatement.
I feel very sorry for those who can't afford it and have to choose between eating, heating etc. Sad times.
To say I’m mightily pi55ed off paying a 300% hike over prices 12 months is an understatement.
Aren't we all, it isn't Bulbs fault though.
I’m assuming I’m not the only one that’s has their Bulb update today. Ours is going from £192 to £241 a month from April.
Actually, thats less than I feared and perhaps maybe due in some small way to some effort to reduce our energy use over the last few months.
Well I think I can beat that.
On 6 April we will increase your monthly payments from £127.00 to £215.74
Ouch.
A quick look at octopus and the unit rate was about 20% more than the bulb email. British gas wouldn't even give me a price.
Yet another Pure Planet > Shell customer here
me too 0 £1256 increase n April and surely more to come. One thing I do like about shell is the hourly graph of usage (you need a smart meter and to sign into half hourly readings for this to work), but seeing the cost per day of each utility live is an incentive to switch off some stuff.
@dangourbrain - can I ask did yours go up before Christmas as well? Ours is actually £119>£192>£214. The £119>£241 would represent your doubling example since October 2021.
Combine this with rise on mortgages and the extra ni payments and a lot of people will have very little in the way of spare cash
I calculate all in I’ll be 200 quid a month worse off minimum before you even consider the price rise of daily living such as food
I’m lucky enough to fall into the higher tax bracket (just), so in reality that 200 quid a month means a real world reduction in salary of over 4.5k. When I think about it in those terms it makes me wince
Just had our email from bulb. Bills going up 80% for us. We don't have a big bill as there is only the two of us, but it really is going to hit so many people so hard.
Ours went up a lot.
Solar systems! Talk to me STW! I am loving the idea of fitting a system but not the SEG payment of 5p kWh for paying back in when I think we buy it from SSE at 35p per kwh.
When I do the calcs it seems close to break even with the chance of a slight saving.
The idea of less reliance and price fluctuation still makes it appealing though.
Bulb user here too. Just got an email to say our monthly payments are going up from £116 a month to £197.
I think I need to star fracking.
but not the SEG payment of 5p kWh for paying back in when I think we buy it from SSE at 35p per kwh.
Brown power can't get back through the transformer so it's very localised usage .....
But according to people I know trying to get both costs and leadtimes of solar installs have skyrocketed in the last 6-8 months compared to October 2020 when I started ours. ....I wonder why.
Fwiw it's halfed our bill year to date. 225kwh generated in Feb alone.
Don't export much have it heating the house via oil rads and a solic
@kryton yep, from circa £90pcm
I'm sure it's just my imagination too but I swear my I'm getting less gas for my erm, gas.
Seems to take a lot longer to heat the oven/boil a pan a etc over the last few months.
But, I got my first pay rise in 4 years this Christmas, that just about covers the latest jump. 🙁
Yup bulb here too going up by about 40% I can afford it but it means making a few changes too. Feel sorry for those not in the position I’m fortunately in.
Lots of gas is available in the UK from fracking but people protested it.
The most depressing thing about it is the actual cost of the stuff isn't just cash and is currently being very clearly demonstrated all over the news.
Ours went up a lot.
Solar systems! Talk to me STW! I am loving the idea of fitting a system but not the SEG payment of 5p kWh for paying back in when I think we buy it from SSE at 35p per kwh.
When I do the calcs it seems close to break even with the chance of a slight saving.
The idea of less reliance and price fluctuation still makes it appealing though.
Octopus are now paying 7.5p on there fixed rate tariff. Their Agile output tariff has averaged around 15p over the last year (that tracks market rates).
Bulb customer here too, just had the email today. Unit prices going up I can understand and that is kinda in our control (I can try to use less) but the electricity standing charge is going from 25 to 48 pence per day, gulp!
the electricity standing charge
Is a bit misleading. It used to go to running the grid and was specific, now it is just part of the tariff and doesn't go towards anything specific. For most it will be less than 10% of the total bill. But it is that typical thing with British companies where they compete by confusion. Making it very hard to easily compare one product against each other e.g. like train fares and mobile phone tariffs.
We average 80-90£ a month over the year but Bulb insist we pay 110£ because their algorithm is a money grabbing idiot that doesn't understand we use less in summer so tries to bill us based on winter usage only.
Anyway they just upped it to 187£. Over twice our previous average.
i_scoff_cake
Lots of gas is available in the UK from fracking but people protested it.
That's irrelevant, the gas will end up being privately owned and sold to the highest bidder, just because it comes out of the ground here doesn't mean it'll benefit the wider general public here.
We average 80-90£ a month over the year but Bulb insist we pay 110£ because their algorithm is a money grabbing idiot that doesn’t understand we use less in summer so tries to bill us based on winter usage only.
Anyway they just upped it to 187£. Over twice our previous average
very similar to the increase applied to my mums account with bulb. When I questioned it the snarky woman informed me it's in the T&C's when she signed up that you must maintain a months credit so just paying for what you use isn't enough 🤔
Another Bulb customer here. Monthly payments going up to £275.
We're increasing our electricity unit rate from 21.986p to 29.584p per kWh and electricity standing charge from 23.490p to 47.581p per day.
We're increasing our gas unit rate from 4.065p to 7.365p per kWh and standing charge from 26.112p to 27.219p per day.
An extra £100 per month for us, going from around £200 to £300 ish ,shell energy.
very similar to the increase applied to my mums account with bulb. When I questioned it the snarky woman informed me it’s in the T&C’s when she signed up that you must maintain a months credit so just paying for what you use isn’t enough
Well that's Bulb on my "energy company *****list" as I normally switch late summer/autumn, the I normally go into debit in the first couple of months. The whole point of direct debits is averaging out the cost to the customer. And providing income certainty to the provider. Fools.
I am bulb also. This may be a stupid question, but how come my standing charge is going up from 25 to 51.675? While others have been a few pence lower? Is it to do with my location?
