Duel Fuel Discount

Hello on my latest bill i have only 7 days duel fuel discount which is 27p when usually its 30 or 31 days which is £1.27 has the duel fuel discount changed.

Hello on my latest bill i have only 7 days duel fuel discount which is 27p when usually its 30 or 31 days which is £1.27 has the duel fuel discount changed.

The dual fuel discount has been removed, and the standing charges reduced to exactly compensate in cost.

You should have received an email about this. More info here: https://bulb.co.uk/blog/simpler-statements-and-lower-standing-charges

yesi can see standing charge gone down as well to compensate.Was there any particular reason to do away with it.

A combination of wanting to simplify their tariffs/statements (see https://bulb.co.uk/blog/simpler-statements-and-lower-standing-charges ) - publicly stated - and possibly to avoid the OFGEM energy cap (suspected, but Bulb haven’t said either way).

If I’m reading OFGEM’s https://www.ofgem.gov.uk/publications-and-updates/default-tariff-price-cap-level-1-january-2019-31-march-2019 spreadsheet correctly, the most a supplier can charge for ‘standing rates’ for electricity on a Nationwide level is £87.85/year (due to Scotland - page 3 ‘Nil kWh’). I’m currently paying £74.62 a year : previously it would have been £89.62 (but actually was £74.62 due to the duel fuel discount) which would have been over the ‘cap’.

Removing the duel-fuel discount has actually resulted in a saving for ‘electricity only’ customers (as they weren’t entitled to the duel-fuel discount, but will get the lower standing charges) - and it does simplify things a bit as you don’t have to keep deducting/readding the discount from displayed prices.