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Old 01-10-2021, 18:53   #102
Taf
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Re: Energy companies collapse

Quote:
Originally Posted by Hugh View Post
Wow!

I currently (until June 22) pay 16.467p per kWh for electricity & 3.182p per kWh for gas (plus standing charges).
I'm with Orbit. I suggested them to friends around the UK, but the "postcode lottery effect" gave them much higher quotes, but still better than they had.

Once the prices settle down, I'll be comparing for a better deal. But I suspect many companies will go to the limit to enable them to recoup the losses they are making with Fixed Deals.

---------- Post added at 18:53 ---------- Previous post was at 18:50 ----------

Quote:
Originally Posted by Paul View Post
What is the definition of "average use" - how many actual KWH ?
This something that OFGEM has never clarified AFAIK.

If you use less than the price cap level, can they charge you right up to the cap level?

If you use more than the price cap level, does all your usage get charged at a higher rate?

It is totally murky trying to get answers.
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