Energy price cuts announced (and analysed)

Wholesale Markets Summary

Wholesale Markets Summary

Wholesale Markets Summary

In what has to be the quickest price cut round in history (although to be fair there aren’t many comparisons here) all of the Big 6 energy suppliers have now announced their price cuts in the current round. Exact pricing details have not been released in the majority of cases. However, the headline rates are summarised in the table below together with TheEnergyShop.com calculations of the new bill levels. These are shown in Tables 1 and 2 below.
 
Table 1 – Summary of changes

Summary of gas and electricity changes

Summary of gas and electricity changes


Source; www.TheEnergyShop.com
The prices shown are for the relevant suppliers’ Standard tariff for customers paying by monthly direct debit and based on an average usage profile (16500 kWh gas and 3300 kWh electricity on a standard meter).

 
Table 2 – New bill values
New Bill Values

New Bill Values


Source; www.TheEnergyShop.com
The prices shown are for the relevant suppliers’ Standard tariff for customers paying by monthly direct debit and based on an average usage profile (16500 kWh gas and 3300 kWh electricity on a standard meter).

 
Table 3- Post Decrease Bill Values
Post Decrease Bill Values

Post Decrease Bill Values


Source; www.TheEnergyShop.com
The prices shown are for the relevant suppliers’ Standard tariff for customers paying by monthly direct debit and based on an average usage profile (16500 kWh gas and 3300 kWh electricity on a standard meter).

 
Wholesale Gas and Retail Prices February 2012
Wholesale and Retail Gas Prices Feb 2012

Wholesale and Retail Gas Prices Feb 2012

Submit a comment