Hiya,
We are currently on a Flexible Avro October 2021 V1 tarrif with Octopus and they have icreased our payments up to £301 a month, I cannot lower it as its to cover the price increase etc..
Are there any better tarrifs out there please?
£2375.47 a year for electricity
£806.54 a year for gas
Tariff Name Flexible Avro October
2021 v1
Product Type Variable
Payment Method Direct Debit
Unit Rate 26.05p/kWh
Standing Charge 45.96p/day (£167.75/year)
Price Guaranteed Until Not applicable
Early Exit Fee None
Estimated Annual Usage 8040.7 kWh
I would really appreciate it if someone could recommend a better deal, I know this is to cover price increases etc but £300 a month is a lot of money to us
Thank you !!
We are currently on a Flexible Avro October 2021 V1 tarrif with Octopus and they have icreased our payments up to £301 a month, I cannot lower it as its to cover the price increase etc..
Are there any better tarrifs out there please?
£2375.47 a year for electricity
£806.54 a year for gas
Tariff Name Flexible Avro October
2021 v1
Product Type Variable
Payment Method Direct Debit
Unit Rate 26.05p/kWh
Standing Charge 45.96p/day (£167.75/year)
Price Guaranteed Until Not applicable
Early Exit Fee None
Estimated Annual Usage 8040.7 kWh
I would really appreciate it if someone could recommend a better deal, I know this is to cover price increases etc but £300 a month is a lot of money to us
Thank you !!
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25 Comments
sorted byDirect debit would be good, if they would charge it after reading submitting - paying more "through the whole spring to late autumn" is like giving them 0% loan.
Imagine you have 1 million clients, they givelet's say £400 extra, that's £400.000.000 that they can invest for free. With even some safe investment that give back 2%, they got £8.000.000 for free!
Cancel direct debit.
Only hope is that there is some genuine change (as suggested) with the companies which are 100% renewable electricity (as Octopus is). Currently, it just goes into the pool with the rest.
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Paying combined for gas and electricity £150/month via direct debit and have almost £700 credit at Octopus.
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If it is accurate, then you'll save the most money by seriously cutting down your usage.
That amount of electricity is getting on for 3 times the average home's use.
That will save you far more than any possible tariff change could ever hope to.
Energy companies spread so much of this because they love receiving money upfront, means they can spend it
If you are worried not being able to afford winter then 2 things
Put it into a savings account
Or
Use what you can afford in the winter
Some will say that it they have it in savings then you will just spend it, but this is a bad attitude, having money in the bank makes it easier then living month to month
Because people month to month just buy stuff because they have money left and know there is more coming
People with 3k in an account can see that creep down
20yrs ago when loan rates were 8% we learnt the value of money and those before us in the 80s when it was 15%
Ive always been bought up to save for something and have also save for a rainy day. If I need a new boiler, new clutch, fridge, washer etc I've got the money set aside for that