Reply to: 31 March 2022 -

[SueEllen]

I wonder if the standing charges are going up to catch those who fixed a rate last year? I haven't had such a notification but ought to double check when I get home.

Nope if you fixed your standing charge stays the same.

[ladymuck]

I wonder if the standing charges are going up to catch those who fixed a rate last year? I haven't had such a notification but ought to double check when I get home.

[Snooky]

Rising energy prices are going to eat into the profits of the many cannabis farmers of South Essex

Not to mention cryptocurrency miners

[d000hg]

Just submitted, no problemo.

My supplier has a broken site right now and you can only submit readings as a support ticket!

[TheDude]

Rising energy prices are going to eat into the profits of the many cannabis farmers of South Essex.

I can see the leases on may Range Rover Sports not being renewed.

[xoggoth]

Just submitted, no problemo.

[DealorNoDeal]

If you were a utility company, who was losing money due to the price cap, would you under estimate people's bills up to the 31st March or would you over estimate it?

There is that.

With our supplier (EDF), most of the electricity price increase is in the standing charge (100% hike). It that the same with other suppliers?

[NickFitz]

Expect some utility supplier online systems to fall over in the evening/night.

Indeed. Can't log in to mine at the moment

They've stuck a banner on the site saying you have until April 9th to give them readings for March 31st, so I'm not going to bother trying repeatedly

EDIT: Ah, I see xog has found the same thing

[xoggoth]

Website says:

Sorry, we're experiencing higher than usual levels of website traffic.
If you're having trouble logging in to your account, don't worry, you have until 9 April to give us your meter readings online for 31 March.

[NotAllThere]

Because the big price hike starts on 01/04/22

OK, I'll accept a whooosh on this one.

[SueEllen]

Good news - you can submit your readings tomorrow if you couldn't submit them today.

To be fair my supplier normally allows you to enter readings taken 3 days in the past.

[SueEllen]

Yes, although it won't make much difference if a reading is sent a few days before or after 1st April.

If you were a utility company, who was losing money due to the price cap, would you under estimate people's bills up to the 31st March or would you over estimate it?

[SueEllen]

No, it's more about making sure they don't underestimate then end up charging you more for units you've already used. But if you add a few units it could well save you money. Disclaimer - no idea if that constitutes fraud

It is apparently fraud.

However if you know how much you use in a 24 hour period - and there are people who do know their weekly usage at different times of the year - then you will get away with it.

[d000hg]

Yes, although it won't make much difference if a reading is sent a few days before or after 1st April.

Maybe not to you. If costs go up >50% then every day might be adding to the hurt for those barely surviving.

[DealorNoDeal]

I think it's because they aren't guaranteed to send a reading every day, or at the right time things change.

We have a SM and it only seems to submit a reading sporadically.

Yes, although it won't make much difference if a reading is sent a few days before or after 1st April.