Quote:
Originally Posted by Mad Max
It's still a friggin rip-off, it was the same when petrol went through the roof, it has dropped quite a bit since then but is still much higher than before the huge rise last year, it won't drop in price anytime soon and we'll be told that we're getting a really good deal, talk about lining your pockets, those companies should be wearing masks!
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Its because of the tariff you on and how that tariff gets paid for by your supplier.
Right now there is effectively two types of tariff's.
SVR (also fixed deals), these are hedged and are brought on a year ahead market, this still has inflated pricing.
Then there is the tracker type tariffs, this cost is based on the daily market which for many months now has been considerably cheaper.
But thats just concerning unit prices.
SC has gone up considerably and sadly looks like its going to stay up without government intervention, Ofgem keeps granting concessions to the suppliers to increase SC.