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nPower Electricity Costs


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This is really just a quick thread so I can get a broad general view of averages, assuming people are happy to post their electricity costs.

 

Basically, I live in a 2 bedroom single floor flat, double glazed throughout. there are two occupants here, of which I am one. Both are out throughout the day at work.

We have no gas, so I do appreciate that the bill has to reflect our heating being done by electric as well as all the usual plug sockets, lighting, etc.

I've just taken an accurate meter reading (the last was in June 09) and been informed the account balance is at a debit of around £150.

 

Now I've been paying £60 per month against this bill. June 09 to Feb 10 is 9 months, so that's £540 in payments. Now add the debit, and it suggests - very roughly - £690 bill for 9 months use. Increase that by a further three months worth and the total is £920 for a year, or £76 a month!

 

This seems exceptionally high for two working professionals in a small, double glazed flat.

 

The reason for this thread is twofold; firstly, I have no basis of comparison for this figure, so does this seem a reasonable level to people? Secondly, assuming you are happy to declare it, I'd be curious to learn what other people are paying - eithe rannually or monthly - for their property types, as I'm pretty convicned that my suppier (nPower) are just profiteering here.

 

Note that these calculations, whilst very rough, are based on actual readings I've taken myself, so they are absolutely correct.

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A recent publication stated that the average household is paying around about £1100 (I think that was the figure) a year.

 

I could be wrong but I believe an "all electric" household can work out more expensive that one with gas heating and electric.

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Our fuel spend for a two bedroom flat is somewhat more than yours and we have gas heating .I would expect my bills to be a lot higher if heating by electricity.

 

Direct debit payments even with a good discount may cost you more than qarterly bills in arrears. Remenber all direct debits are advance payments and will take into account next winter's usage in advance as well. When the new customer honeymoon period is over expect a significant rise in these payments 'to make sure you stay in credit' which is really ' to male sure you make a continuous loan to us'. You will be reassessed in April which is the best time for them to get the greatest finance from you. If you are paying high interest on a loan elsewhere DDs do not pay. -you must take into account the cost of the money you are lending them.

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Thanks all. Whilst I'm obviously still slightly annoyed at what I consider to be an unacceptably high charge for supply of electricity, your comments - plus a lot of tables and figures I'm seeing elsewhere - seem to suggest that Uncle Tez's £920 annual bill is not excessive for a 2 bedroom flat without gas, and, indeed, is toward the lower end of average.

 

Regarding DD, the day I give any company my bank details Satan will be skating to work. I don't have a single DD to my name; everything bill is paid by Standing Order so that I retain full control.

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