With the price cap (lets be honest just hikes) in the UK…how do you not end up paying the price cap regardless of consumption? It seems like whatever you use you’ll end up paying a ridiculous sum near the £4200 or whatever number they’ve picked today.
Say I use 15000kwH a year (honestly just pulling numbers out my ass) and that reached the cap, but my neighbour uses double that, would they still just pay up to the cap or beyond that because they’ve used that power?
My brain is scrambled on this!
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The price cap is based on average usage split between kWh and standing charge. If you use more than average you pay more. There is no maximum you can pay.
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