nPower prices?

Question

Anyone care to do the maths, Excel has crashed three times, good old MS?

From my latest bill

the unit rate for gas has changed from 2.416p to 2.695p per kwh the standing charge for gas has changed from 35.1p per day to 38.6p per day

the unit rate for electricity has changed from 9.44p to 9.76p per kwh the standing charge for electricity has changed from 6.6p per day to

19.0p per day

So, taking a nominal use of 50 units for each utility over 100 days (to keep the maths simple).......whats my % increase?

Ronald Raygun · Accepted Answer

That's 11.55%, because 2.695/2.416 = 1.1155.

That's 9.96%.

This last one looks highly suspect, at 188%. Might you mean from 16.6p to 19.0p? That would be 14.46%.

50 units over 100 days is only half a unit per day, that's pretty unrealistic. Might you mean 50 units per day? If so, it doesn't matter over how many days you take it. Also most people would use many more gas units than electricity units per day.

Anyway, it's clear that the gas is up by somewhere between 9.96% and

11.55%. To find out exactly where, just work out the daily costs, then compare those:

At 50 units per day your daily cost for gas would have risen from

35.1p + 50*2.416p (which is 155.9p) per day to 38.6p + 50*2.695p (which is 173.35p) so the increase is 11.19% because 173.35/155.9 is 1.1119.

Doing it for electricity, or for both together, is left as an exercise.

Gordon H · Answer

In message , Ronald Raygun   writes Makes more sense!     E-On have just raised mine by 6.6% for the primary  units (first xxx units consumed), but cynically they have raised the  secondary units by 12.5%, thus making winter electricity relatively more  expensive.   :-( It appears that we are in a round of fuel price increases, it will be  time for me to look round when it settles...

Judith · Answer

Have you tried buying a legal version? I don't think I have ever  had Excel crash in about the last five years.  Sometimes prior to that it would freeze if an enormous spreadsheet.

Judith · Answer

See the thread on Energy Supplier Transfer in  regarding timescales.

Rasta Pickles · Answer

Yep, paid about £20 courtesy of my employers HUP - 2010 version as well.

Rasta Pickles · Answer

Alas no, 6.60p to 19p is sadly correct!

nPower prices?

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