2025 Budget £150 energy bill discount

Do tell - how much was the reduction in the unit rate? It started off at 3.54 p in November, but sems in many cases to have shrunk to 3.51 p now (those figures include VAT; the ex VAT numbers are 3.37 p and 3.34 p respectively). 

I don't have the rates, but my drop is about £60 a year 

I think it must vary .. my reductions in unit rate are

Day 3.5 p

Peak 3.51 p

Off-peak 3.51 p

Gas 3.2 p

Well, I can work backwards using the DD Calculator, which has now moved into ‘last fortnight of Winter’ mode. This means that costs for the rest of this month are calculated using current rates, while those for the next year use the soon-to-be-introduced rates. This leads me to find that the new inc. VAT unit rate is 3.51p/kWh less than the current one (if you prefer, the ex VAT figure is 3.34p/kWh less than today’s).

I still haven’t found out why the general reduction in electricity rates is less than was originally suggested: 3.34p/kWh instead of 3.37p/kWh. That’s less than £1 a year for the typical customer, but it’s 30p/MWh off the supplier’s bill, which I suppose isn’t to be sneezed at.

I received this on Friday 20th March.

Like you, my fix rate ends in August so we will only benefit from this reduction until then as it is predicted that a large increase is likely in July.

​@Ren100 sorry to hear of the experience you had - it sounds like the advisor may have been new to the business - there’s so much to learn when starting out in our Support Team. I’m glad you received the correct advice eventually, and hopefully you’ll receive the new rates info soon.

My electric is going down 3.3 and gas 3.1.

Many thanks ​@Ben_OVO 

​@Ren100 glad you’ve received confirmation now - I received mine last night as well.

I’ve not received the official confirmation with the estimated breakdown of how much this could save me etc. I received a summary of my call which confirmed free written what the new tariff rates would be. 

Kind regards