Monday, 21 October 2013

Power to the people

Electricity and gas prices - quite a difficult time for users of these products at the moment.  The latest rise is just over 10% for NPower (I think it was them), so makes British Gas's 8.8% seem quite a good deal.  We're told that only 16% of the price we pay is related to the power company, the rest being taxes, distribution etc., and the government advise us to seek out the best deal.  As far as I can see, all we can do is seek out the best of a decidedly bad bunch - and when I put my figures into one of the many comparison sites, it advised me to switch, but when I checked the precise details (£ per unit + daily charge), it would have cost me more, so there's a flaw somewhere in the process - I think it's the way it calculates it over the year and because I pay fixed price per month throughout the year I'm never quite sure where I am with usage.
Anyway, I'm sure it's going to be on the political agenda for a while yet.  I note that the SNP are even jumping on the 'we'll freeze prices for 20 months' bandwagon - I think they'll struggle to sell that one, although on the face of it it's quite an attractive proposition opposed to the 'we'll let market forces decide how much you pay'.

No comments:

Post a Comment