Power Cuts And Standing Charges.

[bolo 2]

Can suppliers issue standing charges bills for days when no power was used due to power cuts?

 

[IT Minion]

Generally if you are without power for more than 12 hours or so, and it isn't because you did something stupid, then you can claim money for it, way more than standing charges.

Exactly how much depends on how long and why.

Compensation: power cut lasting more than 12 hours | UK Power Networks

Want to claim for compensation? If you’ve had a power cut for more than 12 hours you may qualify for an Electrical Guaranteed Standards payment. We can investigate this power cut for you. Check now.

www.ukpowernetworks.co.uk

 

[Old Salt]

The standing charge covers the cost of having the meter nothing to do with whether it is measuring anything.

 

[IT Minion]

.

 

[Dork Lard]

The standing charge covers the cost of having the meter nothing to do with whether it is measuring anything.

Do we have to pay for any electricity used during a power cut then?

 

[Old Salt]

Do we have to pay for any electricity used during a power cut then?

If you get a justified bill you should pay it, in fact I shall send you one for wasting my time.

 

[ellal]

The standing charge covers the cost of having the meter nothing to do with whether it is measuring anything.

The cost of having said meter is on average £170 a year.
Which is damned expensive given they last at least 10 years, and if you've got an older one probably up to 30 years!

And an extra tax, because the cost of installation has already been added to everyone's power bill...

It costs hardly anything to run whether it is doing something or nothing...

So why have standing charges gone up so much (up to 80%) whilst it's just standing there?

 

[Notch7]

The standing charge covers the cost of having the meter nothing to do with whether it is measuring anything.

nah - they load the standing charge to make energy rates look cheaper.

in no way does it reflect the cost of the meter

 

[ellal]

nah - they load the standing charge to make energy rates look cheaper.

in no way does it reflect the cost of the meter

One wonders if the price of energy will fall as quickly as it rose?
(We of course know the answer to that one)

European gas prices have dipped to a level last seen before Russia launched its invasion of Ukraine in February

"The month-ahead European gas future contract dropped as low as €76.78 per megawatt hour on Wednesday, the lowest level in 10 months, before closing higher at €83.70, according to Refinitiv, a data company."

"UK gas prices have also dropped back from their highs earlier this year. The day-ahead gas price closed at 155p per therm on Wednesday, compared with 200p/therm at the start of 2022, and more than 500p/therm in August."

Meanwhile...

"UK natural gas futures fell to 200 pence a therm, the lowest since November 11th and booked an over 30% weekly drop amid ample supplies"

In other words, €226 in the UK...

Way more than double that of our EU neighbours...

But I guess that's the brexit bonus of not being in the EU energy market - the bonus is of course only for the energy companies!

​

 

[Mottie]

But I guess that's the brexit bonus of not being in the EU energy market - the bonus is of course only for the energy companies!

At least you’re not bitter about it and keep shoehorning it into any thread. Oh, wait……

 

[big-all]

The cost of having said meter is on average £170 a year.
Which is damned expensive given they last at least 10 years, and if you've got an older one probably up to 30 years!

And an extra tax, because the cost of installation has already been added to everyone's power bill...

It costs hardly anything to run whether it is doing something or nothing...

So why have standing charges gone up so much (up to 80%) whilst it's just standing there?

it was to add about £50 to everyones bills to help cover the failed energy companies

 

[gas112]

The approx 15 billion quid cost for unnecessary smart meters has got to come from some where

 

[Gordon Brown]

One wonders if the price of energy will fall as quickly as it rose?
(We of course know the answer to that one)

European gas prices have dipped to a level last seen before Russia launched its invasion of Ukraine in February

"The month-ahead European gas future contract dropped as low as €76.78 per megawatt hour on Wednesday, the lowest level in 10 months, before closing higher at €83.70, according to Refinitiv, a data company."

"UK gas prices have also dropped back from their highs earlier this year. The day-ahead gas price closed at 155p per therm on Wednesday, compared with 200p/therm at the start of 2022, and more than 500p/therm in August."

Meanwhile...

"UK natural gas futures fell to 200 pence a therm, the lowest since November 11th and booked an over 30% weekly drop amid ample supplies"

In other words, €226 in the UK...

Way more than double that of our EU neighbours...

But I guess that's the brexit bonus of not being in the EU energy market - the bonus is of course only for the energy companies!

​

Since when was 200p 226 euros? Anyway 1 MWh = 34.12 British therms, so the less foolish would compare like for like. £2 x 34.12 = 1 MWh = £68.24 = 76.95 EUR.

 

[Stivino]

Since when was 200p 226 euros?

He probably meant centimos.