OFGEM Price cap
Discussion
Who does this cap apply to? Is it all households or are there exemptions? I've just found out that my electricity bills have more than trebled since November, and that we are now paying more per month than the supposed annual price cap. Has someone messed up here or are we really spanking it? I didn't think it was possible to run up a bill so high. Largeish, oldish house, two kids, no electric car charging, most lighting LED.
It's estimating around 4500 kWh per month, which according to a bit of googling is the typical annual consumption of a 5-bed home in the UK.
I think something has gone wrong. We are in a 200yo 4/5 bed stone house, oil heating, two children and a baby, no electric car, high computer but low TV useage. An electric Aga but that (we calculated and checked a few times) is only about £100 pcm to run.
They even emailed last week to say they are upping my DD by £10 a month
Don't think that will touch the sides!
I think something has gone wrong. We are in a 200yo 4/5 bed stone house, oil heating, two children and a baby, no electric car, high computer but low TV useage. An electric Aga but that (we calculated and checked a few times) is only about £100 pcm to run.
They even emailed last week to say they are upping my DD by £10 a month
Don't think that will touch the sides!ARHarh said:
If your aga is costing £100 a month that is going to be higher than most peoples monthly elec bill on its own. This is probably why your bills are so high. You need to provide meter readings to you supplier each month if they are estimating your bill.
£100 per month is not £1200 per month, which is what they've been billing me since November. I'd happily take double the average 5-bed consumption. Maybe even accept treble. No way we are using 12x more than the average 5-bed in the UK. Simply not possible.
LimaDelta said:
ARHarh said:
If your aga is costing £100 a month that is going to be higher than most peoples monthly elec bill on its own. This is probably why your bills are so high. You need to provide meter readings to you supplier each month if they are estimating your bill.
£100 per month is not £1200 per month, which is what they've been billing me since November. I'd happily take double the average 5-bed consumption. Maybe even accept treble. No way we are using 12x more than the average 5-bed in the UK. Simply not possible.
LimaDelta said:
Who does this cap apply to? Is it all households or are there exemptions? I've just found out that my electricity bills have more than trebled since November, and that we are now paying more per month than the supposed annual price cap. Has someone messed up here or are we really spanking it? I didn't think it was possible to run up a bill so high. Largeish, oldish house, two kids, no electric car charging, most lighting LED.
Another illustration of why the way that OFGEM presents the "price cap" is so bloody stupid. If they ever introduced a petrol price cap, would anyone think it sensible to say "Petrol price is capped at £4000 a year" (very small print: estimate based on average sized car, and average usage, your bill maybe much higher or lower) ? Whereas everyone could immediately understand "Petrol price cap is £1.38 per litre".
outnumbered said:
LimaDelta said:
Who does this cap apply to? Is it all households or are there exemptions? I've just found out that my electricity bills have more than trebled since November, and that we are now paying more per month than the supposed annual price cap. Has someone messed up here or are we really spanking it? I didn't think it was possible to run up a bill so high. Largeish, oldish house, two kids, no electric car charging, most lighting LED.
Another illustration of why the way that OFGEM presents the "price cap" is so bloody stupid. If they ever introduced a petrol price cap, would anyone think it sensible to say "Petrol price is capped at £4000 a year" (very small print: based on average sized car, and average usage) ? Whereas everyone could immediately understand "Petrol price cap is £1.38 per litre".
LimaDelta said:
Ah, I see. So it caps the rate, which is based on an 'average' home.
Still surprised we use more than 12x average though. And why is suddenly increased so drastically in November.
Time to start reading your meter weekly or daily or hourly till you get to grips with what is driving the energy consumptionStill surprised we use more than 12x average though. And why is suddenly increased so drastically in November.
Or find out which cannabis farm has tapped into your supply
B'stard Child said:
LimaDelta said:
Ah, I see. So it caps the rate, which is based on an 'average' home.
Still surprised we use more than 12x average though. And why is suddenly increased so drastically in November.
Time to start reading your meter weekly or daily or hourly till you get to grips with what is driving the energy consumptionStill surprised we use more than 12x average though. And why is suddenly increased so drastically in November.
Or find out which cannabis farm has tapped into your supply
We can't even get a smart meter as they are reliant on a mobile signal, which we don't have in our area.
LimaDelta said:
It's estimating around 4500 kWh per month, which according to a bit of googling is the typical annual consumption of a 5-bed home in the UK.
4500 kWh a month is 150 kWh a day based on 30 days in a month4 Bed house here and I use 3300 kWh of Electric a year (9kWh per day average) but only two occupants so lover than normal
LimaDelta said:
B'stard Child said:
LimaDelta said:
Ah, I see. So it caps the rate, which is based on an 'average' home.
Still surprised we use more than 12x average though. And why is suddenly increased so drastically in November.
Time to start reading your meter weekly or daily or hourly till you get to grips with what is driving the energy consumptionStill surprised we use more than 12x average though. And why is suddenly increased so drastically in November.
Or find out which cannabis farm has tapped into your supply
We can't even get a smart meter as they are reliant on a mobile signal, which we don't have in our area.
B'stard Child said:
LimaDelta said:
It's estimating around 4500 kWh per month, which according to a bit of googling is the typical annual consumption of a 5-bed home in the UK.
4500 kWh a month is 150 kWh a day based on 30 days in a month4 Bed house here and I use 3300 kWh of Electric a year (9kWh per day average) but only two occupants so lover than normal
LimaDelta said:
B'stard Child said:
LimaDelta said:
It's estimating around 4500 kWh per month, which according to a bit of googling is the typical annual consumption of a 5-bed home in the UK.
4500 kWh a month is 150 kWh a day based on 30 days in a month4 Bed house here and I use 3300 kWh of Electric a year (9kWh per day average) but only two occupants so lover than normal
outnumbered said:
Another illustration of why the way that OFGEM presents the "price cap" is so bloody stupid.
If they ever introduced a petrol price cap, would anyone think it sensible to say "Petrol price is capped at £4000 a year" (very small print: estimate based on average sized car, and average usage, your bill maybe much higher or lower) ? Whereas everyone could immediately understand "Petrol price cap is £1.38 per litre".
Disagree. Everyone can relate to the petrol cost per litre, they see it all the time. People aren’t going to be aware of their unit prices or in general then have the ability to determine what that means. If they ever introduced a petrol price cap, would anyone think it sensible to say "Petrol price is capped at £4000 a year" (very small print: estimate based on average sized car, and average usage, your bill maybe much higher or lower) ? Whereas everyone could immediately understand "Petrol price cap is £1.38 per litre".
In any case on Ofgems site they have a nice table for you which does lay out unit prices. https://www.ofgem.gov.uk/energy-price-cap
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