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Current cost of Gas and Electricity - non-Domestic

AncientMariner

I am trying to guesstimate future Gas and Electric costs for our village hall. Currently we are still in a fixed contract for Gas at 2.36p per kWh + CCL and VAT and for Electricity at 18.883p per kWh again plus CCCL and VAT.

Very much a crystal ball job, I know; but we in contract until next year and I am trying to prepare both the Committee and the regular users that costs will be going up unless they want to wear an extra layer or two.

So, I am looking for the current per kWh costs for each.  I know that it will change by the time our contract runs out.

Many thanks.

Clive

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  • 0

    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

  • 0 in reply to AncientMariner

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

  • 0 in reply to Peter Bernard Ladkin

    Because, roughly speaking, gas wholesale prices are around 5x higher, and half our electricity generation is via gas.

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