Where Do We Start?

Let’s look at the basic maths:

First of all there is a standing charge for electricity and gas in the UK. As of January 2023, for me, this stands at:

• Electricity: £39.08/day
• Gas: £25.56p/day

This has gone up massively in the last 12 months, but needless to say you pay this whether you use any gas or electricity and it is basically a tax on simply having access to the energy services.

So for us, this means for 30 days:

• Electricity: £11.72 standing charge
• Gas: £7.67 standing charge
• Total: £19.39 for a month (based on 30 days)

Looking at the period 21 Nov 2022 to 20 Dec 2022, we used £1080.2 Kwh @ 50.63p/kWh in electricity. But there was an Energy Price Guarantee of 17.00p/kWh which discounted £183.62

For the same period, we used 2874.9 KWh @14.02p/kWh, so £403.10, but again there was an Energy Price Guarantee of 4.22p/kWh which discounted £121.21.

VAT is also added to energy costs (I thought VAT was only meant to apply to non-essential items