Quote:
Originally Posted by Paul
Oddly, they are now quoting £150 rather than £88.
Either way, I dont understand how this is going to work for most people (on fixed deals) ?
What is going to reduce ? £150 is 41p a day, so are standing charges going to reduce by 41p (across Gas/Electric) ?
Gas is only 29p a day, while Electric is about 48p, plus surely the fixed prices cannot be reduced, thats what fixed means.
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The standing charges are set by the regulator they
could change them as long as the total effect allows them to remain solvent. But there are various reasons, some that they don't bother to tell us, that they don't do this.