(Bad) News. The assessment period for April price cap starts today. Unless chancellor intervenes thats the default.
It's early days but the new prediction from @CornwallInsight is UP 49.5% on current rate taking a typical bill for illustration to £3,739/yr (current £2,500)
Cont
It's early days but the new prediction from @CornwallInsight is UP 49.5% on current rate taking a typical bill for illustration to £3,739/yr (current £2,500)
Cont
It has also this time predicted new rates
So it says elec standing charge at 37p a day (currently 46p), unit rate a hideous 58p/kWh (34p now). So there's standing charge reduction but unit rate up.
Gas standing charge 31p (28p now), unit rate 15p/kWh (10p now)
Cont
So it says elec standing charge at 37p a day (currently 46p), unit rate a hideous 58p/kWh (34p now). So there's standing charge reduction but unit rate up.
Gas standing charge 31p (28p now), unit rate 15p/kWh (10p now)
Cont
If Chancellor does extend the price guarantee in the #AutumnStatement (which in plain speak means state subsidises the rate) but at 25% more than currently. This means state would typically be funding avg £700/yr per house at this rate (tho price cap would change again in July)
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