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Energy giants launch deals beating October price cap

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  • EnutEnut Member Posts: 3,474
    Essexphil said:

    lucy4 said:

    Just had e-mail from British Gas regarding the 'Energy Price Cap'. My electric is rising by 6% and gas by 9% so an overall rise of 15% and then there is the next rise due in January.

    Something is a bit wrong here.

    Per cent is per 100. So-if your electric is going up by 6% and gas 9% then (if they are roughly equal) it is going up by 7.5%
    Fixed your post but your maths is otherwise correct.
  • lucy4lucy4 Member Posts: 7,835
    Enut said:

    Essexphil said:

    lucy4 said:

    Just had e-mail from British Gas regarding the 'Energy Price Cap'. My electric is rising by 6% and gas by 9% so an overall rise of 15% and then there is the next rise due in January.

    Something is a bit wrong here.

    Per cent is per 100. So-if your electric is going up by 6% and gas 9% then (if they are roughly equal) it is going up by 7.5%
    Fixed your post but your maths is otherwise correct.
    Percentages were never my strong point but I got two separate e-mails, one for each separate usage. The electric estimated price increase worked out to 6%, the second for the gas worked out to a 9% increase so I thought that would be a 15% increase. Have just got my calculator out and my current price is XXXX and the estimated increased price will be YYYY the difference between the two is roughly 7% maths can be confusing. I knew I should've paid more attention in maths class 40 years ago :D
  • EnutEnut Member Posts: 3,474
    lucy4 said:

    Enut said:

    Essexphil said:

    lucy4 said:

    Just had e-mail from British Gas regarding the 'Energy Price Cap'. My electric is rising by 6% and gas by 9% so an overall rise of 15% and then there is the next rise due in January.

    Something is a bit wrong here.

    Per cent is per 100. So-if your electric is going up by 6% and gas 9% then (if they are roughly equal) it is going up by 7.5%
    Fixed your post but your maths is otherwise correct.
    Percentages were never my strong point but I got two separate e-mails, one for each separate usage. The electric estimated price increase worked out to 6%, the second for the gas worked out to a 9% increase so I thought that would be a 15% increase. Have just got my calculator out and my current price is XXXX and the estimated increased price will be YYYY the difference between the two is roughly 7% maths can be confusing. I knew I should've paid more attention in maths class 40 years ago :D
    Don't worry it's a poker site, maths is not important, it's all about who is luckiest! :D
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