Current cost of Gas and Electricity - non-Domestic

My domestic standard variable tariff with E.on is currently (after the OFGEM cap increase):

elec: 26.06p/kWh plus 46.216p/day standing charge

gas: 6.933p/kWh plus 25.923p/day standing charge

That's ex-VAT. Presumably it will get even worse when OFGEM ups the cap again.

You are doing a lot better than some domestics.  Can I come and live there  ;-)   
Double it may be a good start.  Our scout HQ is turning the gas off for the summer (instant electric  heater for handwash instead) and looking at all sorts of other longer term cost reduction options.  ( on the table are solar panels,  heat pump, better insulation, triple glazing providing  hirers with hats and long johns to wear  - it's run by a committee, suggestions vary.)
Mike

Capped domestic prices vary slightly by area, but not by much.

However here we are talking about NON capped rates for NON domestic purposes including village halls. About 50 pence a unit for electricity seems to be the going rate.

Could someone explain why the standing charge needs to be increased - so much or at all?

It's no longer just the cost of delivering gas or electricity to you.  You can also add environmental levies, and the substantial costs involved in transferring across the customers of failed energy companies (including any credit balance they may have had).

Unfortunately, the government deregulated the energy system so much that fly-by-night companies were set up, with no assets to back them up.  These companies took substantial amounts of money from customers, for energy paid in advance.  When these energy companies fold, everybody else has to pay the costs of transferring the customers to new suppliers, including reinstating the now vanished account credit.

Most of that extra cost is added to the electricity standing charge, as not everybody has gas.

(A little bit of those environmental levies go to me, as someone who has solar panels registered under the FIT scheme)

I know that one domestic tariff that isn't subject to the cap has just announced a price increase to 40.71p/kWh (and 53.41p/day) - and given that previous increases seem to have followed the wholesale prices fairly accurately, I suspect that'll be around what most people will be offered come the next price cap increase (Sept?)

   - Andy.

Are you saying that had the price of electricity not increased due to all the stated reasons, the standing charge still would have (to the present and proposed levels)?

If not, why not?

If the unit price of energy hadn't gone up so much, then all the little suppliers wouldn't have gone bust, and the bill payers wouldn't be picking up the tab in the form of increased standing charges.

The green levies are at the whim of the government.  It's a hidden tax.

My apologies for not thanking those who responded to my question sooner.

Anyway, a couple of weeks ago I contacted SSE, our supplier for the village hall and asked them what they would charge me at that point in time for gas and electricity on a 12 and 24 month contract. 

Currently our 4-year gas contract expires on 28th Feb 2023 and our 24-month electricity contract expires 1st July 2023.

Currently, Gas is 2.86p kWh + £56.78p per month Standing Charge + CCL and VAT and 

Electricity 18.883p kWh + 0.658 Feed In Charge + £9.26p per month Standing Charge + CCL and VAT.

That days price was for Gas 12 months 17.364p kWh + £54.37p monthly standing charge + CCL and VAT 

For 24 months, 13.74p kWh + £53.94p monthly standing charge + CCL and VAT 

Similarly, for Electricity, 12 months 43.225p kWh + £91 per quarter standing charge + CCL and VAT 

and for 24 months 38.06p kWh + £93 per quarter standing charge + CCL and VAT 

(she didn't mention the Feed in Charge for either 12 or 24 months...)

Gas is the big hike. Our heating costs will go up around 5 or 6 times and electricity 2 or 2-1/2 times assuming similar pricing when we re new.

Our gas boiler is rated at 120 kW and due the construction of the Grade II building doesn't raise the temperature of the main room much in the first hour or two (or three). Users will just have to be more energetic I think...

Clive

It is obvious why gas prices have hiked. But why are electricity prices two and a half times higher?