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Npower to raise energy prices by 10.4%
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=20444
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Author:  paulzolo [ Mon Oct 21, 2013 9:26 am ]
Post subject:  Npower to raise energy prices by 10.4%

Quote:
Energy firm Npower has become the third major supplier to announce price rises, with a dual-fuel bill to go up 10.4%.

The price rise will take effect on 1 December, and is the highest increase announced by any supplier so far.

http://www.bbc.co.uk/news/business-24607242

More large price rises. I expect people will be making tough choices over their use of fuel this winter.

Quote:
The latest price rise comes on the day the government has given the go-ahead for the UK's first new nuclear station in a generation.

There are fears from one consumer group that energy bills could go up, as the owners of the nuclear plant are being guaranteed a price for electricity.

"Rising energy bills are one of the top concerns for cash-strapped consumers, so everyone will want to be assured that the price the government has agreed for new nuclear power is fair," said Richard Lloyd, executive director at Which?.


We’re investigating wood burner for heating the main room of the house. We’ll know exactly how much we’re spending on fuel for that as we’d be paying for wood in advance, and we’ll be able to see how much we’re getting through.

Author:  hifidelity2 [ Mon Oct 21, 2013 9:44 am ]
Post subject:  Re: Npower to raise energy prices by 10.4%

paulzolo wrote:
We’re investigating wood burner for heating the main room of the house. We’ll know exactly how much we’re spending on fuel for that as we’d be paying for wood in advance, and we’ll be able to see how much we’re getting through.

Actually unless you have access to free wood - heating the house via a wood burner that take logs (opposed to wood pellet burners) can be quite expensive

Author:  HeatherKay [ Mon Oct 21, 2013 11:05 am ]
Post subject:  Re: Npower to raise energy prices by 10.4%

hifidelity2 wrote:
Actually unless you have access to free wood - heating the house via a wood burner that take logs (opposed to wood pellet burners) can be quite expensive


Good point.

We switched to Co-operative Energy after someone mentioned it on this very forum. Our monthly dual-fuel is around £100, and will go up 4.5% in January. I think the way Co-op Energy have handled the increases is very fair.

Quote:
Ethical energy provider Co-operative Energy has today announced it is to increase its gas and electricity prices by an average of four-and-a-half per cent. The new price will not apply to existing customers until January 2014 but will apply to all new customers on sign up from 21st October.

The price increase represents half the actual cost increase facing Co-operative Energy as a business and in a move designed to protect both new and existing customers it has resisted passing on a full price rise, opting instead to both absorb half of the costs and hold current prices for customers for as long as possible.


Wholly owned by its customers with no shareholders demanding a slice of profits, Co-operative Energy believes the move to share the burden of spiralling energy industry costs will lessen the impact on customers. It is now calling for other suppliers to follow its lead and put customers before profits.

The price increase, which will take effect from 8th January 2014 for existing customers on Co-operative Energy’s Pioneer tariff, will equate to an extra £4.78 per month for an average dual fuel customer.

An average Co-operative Energy duel fuel customer will pay £1,315 per year.This is £73 per year less than a British Gas duel fuel customer, who is now looking at an average annual bill of £1,388.


http://www.cooperativeenergy.coop/category/our-news/

(My bold for emphasis.)

Author:  paulzolo [ Mon Oct 21, 2013 1:48 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

hifidelity2 wrote:
paulzolo wrote:
We’re investigating wood burner for heating the main room of the house. We’ll know exactly how much we’re spending on fuel for that as we’d be paying for wood in advance, and we’ll be able to see how much we’re getting through.

Actually unless you have access to free wood - heating the house via a wood burner that take logs (opposed to wood pellet burners) can be quite expensive


There are woods near by. However, we’re looking to heat the one room in the house that does not have central heating. The incumbent gas fire should really be condemned. So a wood burner to heat the whole house is not going to happen, but one to keep a room nice and warm in the evenings sounds about right to us. A mixture of bought and foraged wood will be used.

Author:  big_D [ Mon Oct 21, 2013 2:08 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

10% looks about average. Over here electricity has just gone up 10%.

Wood pellet heating looks to getting popular over here, but is about 50% more expensive in the initial outlay, although it should pay for itself in about five years, according to the figures I've seen. Problem is, I don't have the money for the initial outlay.

Author:  l3v1ck [ Mon Oct 21, 2013 4:06 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

This is why I like using fixed price deals.

Author:  Amnesia10 [ Mon Oct 21, 2013 5:50 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

l3v1ck wrote:
This is why I like using fixed price deals.

Same here. I signed up for one very recently which was actually 3% cheaper than my previous deal, and that was the cheapest deal on the market.

Author:  l3v1ck [ Mon Oct 21, 2013 6:18 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

My old deal with Eon ran out a few months ago.
Npower and EDF we're within a few pence of each other in terms of fixed price deals for our annual power usage, so we went with Npower.
Prices only ever go up, so fixed tends to be the best option providing you don't do it just after a price rise.

Author:  MrStevenRogers [ Mon Oct 21, 2013 7:19 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

well 3 of the extortion (energy) companies have again increased prices after massive profits (paying very little tax on these profits)
the rest well follow suit spouting the same bullsh!t

i am with SE (scottish energy) and have a pay all monthly account
i give them the readings 1st of the month and pay the whole amount on the 3rd of the month

that way they or any of the others cant play around with my bank account ...

Author:  Amnesia10 [ Mon Oct 21, 2013 7:44 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

MrStevenRogers wrote:
i am with SE (scottish energy) and have a pay all monthly account
i give them the readings 1st of the month and pay the whole amount on the 3rd of the month

I am with them. I have a direct debit but now rarely get more than a £10 credit outstanding. My monthly payments are low, certainly by most peoples standards.

Author:  Spreadie [ Mon Oct 21, 2013 9:28 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

Amnesia10 wrote:
MrStevenRogers wrote:
i am with SE (scottish energy) and have a pay all monthly account
i give them the readings 1st of the month and pay the whole amount on the 3rd of the month

I am with them. I have a direct debit but now rarely get more than a £10 credit outstanding. My monthly payments are low, certainly by most peoples standards.

Oh, they won't like you doing that. They like to maintain a healthy debit balance on customers' accounts, so they won't switch to another provider for fear of having to clear the debt first.

Author:  Amnesia10 [ Mon Oct 21, 2013 9:50 pm ]
Post subject:  Re: Npower to raise energy prices by 10.4%

Spreadie wrote:
Amnesia10 wrote:
MrStevenRogers wrote:
i am with SE (scottish energy) and have a pay all monthly account
i give them the readings 1st of the month and pay the whole amount on the 3rd of the month

I am with them. I have a direct debit but now rarely get more than a £10 credit outstanding. My monthly payments are low, certainly by most peoples standards.

Oh, they won't like you doing that. They like to maintain a healthy debit balance on customers' accounts, so they won't switch to another provider for fear of having to clear the debt first.

Yes but I manage my usage ruthlessly. My daily usage is between 9 and 11 KWh per day. Winter or summer it is remarkably consistent. Last time I was haggling a new deal they could see that my usage was virtually flat through out the year, and they had never seen that before. It is currently 2 KWh a day higher right now because I am running BOINC and when I stop that it will probably drop back. If I can avoid opening the fridge it will drop 4 KWh each day. I also take daily meter readings and update the website every month. At this very moment in time I am £12.13 in credit. 8-)

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