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help you?

Frequently asked questions

  • How do I read my meter?
  • The Energy Bill Support Scheme
  • The Energy Price Guarantee (EPG)
  • Everything you need to know about your energy for January 2023
  • What to do if you are struggling to pay your bills
  • What happens with my Direct debit if the price increases?
  • Can I get a Smart Meter and does So Energy support them?
  • Will my bill increase due to rising energy prices?
  • I'm moving out, what do you need to know?
How do I read my meter?

Meters come in many different shapes and sizes, and each one is read differently. Just to complicate things further, your electricity and gas meters record your usage in different units (electricity in kWh, and gas in m3 or ft3).

We’ve compiled a list to help you work out which type of meter you have and how to read it. If you've got a smart meter try our guide How to read your smart meter.

Once you know how to read your meter, make sure you regularly submit your readings online to keep you on top of your energy. You can also set up email reminders online.


Single rate meter

Digital:An illustration of a single rate electric meter

Analogue

An illustration of a single rate meter with an analogue display, the final digit is half way between 9 and 0

  • If so, write down all the numbers from left to right including any zeros. Ignore any numbers after the decimal point or which may be shown in red.
  • The reading for the above meter is 07220


Two rate meter

An illustration of an electric two rate meter with two displays

  • If you have a 2-rate meter, that means the meter records how much energy you use during you the day and night time.
  • The row marked 'LOW', 'L' or 'NIGHT') shows how many units of off-peak electricity you have used.
  • The row marked 'NORMAL', 'N' or 'DAY') shows how many units of peak electricity you have used.
  • If your meter isn't clearly labelled, we can help you find out which is day and which is night.
  • Write down all the numbers from left to right including any zeros. Ignore any numbers after the decimal point or which may be shown in red.
  • The reading for the above meter is 556315 & 217457.


Dial meter

An illustration of an electric dial meter showing 6 clock faces, the sixth clock face is greyed out

  • Each dial turns in the opposite direction to the one before it, so check which way each dial turns. Read the dials from left to right, ignoring the dial marked 1/10.
  • Write down the number that the pointer has just passed e.g. if the pointer is between 2 and 3 write down 2.
  • The reading for the above meter is 26929.

Does your gas meter resemble any of these?

Gas imperial meter

An illustration of a gas imperial meter

  • Write down all the numbers from left to right including any zeros. Ignore any numbers after the decimal point or which may be shown in red.
  • The reading for the above meter is 2988.


Dial meter

An illustration of a gas dial meter

  • Each dial turns in the opposite direction to the one before it, so check which way each turns.
  • Read the dials from left to right.
  • Write down the number that the pointer has just passed e.g. if the pointer is between 2 and 3 write down 2.
  • The reading for the above meter is 2692.


Gas metric meter

An illustration of a gas metric meter, with cubed meters sign next to the display

  • Write down all the numbers from left to right including any zeros. Ignore any numbers after the decimal point or which may be shown in red.
  • The reading for the above meter is 75793.


 

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The Energy Bill Support Scheme

This energy bills discount has been set up by the government to help households as energy bills rise, due to increasing wholesale costs.

As always, we want our customers to be safe and informed so we’d like to warn you to be aware of potential scams as they have been reported. Please remember you do not need to apply to receive the Government grant and we will keep you informed via email about this scheme but we will not text, call or email you asking for your direct debit details so please do not give your details to third parties.

Visit TakeFive - Stop Fraud for more information.


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How the payments will work 

All customers that have an electricity supply with us will receive £66 in October and November 2022, followed by four payments of £67 from December to March 2023 for a total of £400. If you have a gas only account with So Energy, you won’t qualify - though you'll still receive this amount from your domestic electricity supplier if you have one. 

This will be automatically applied to your account. How you receive this will depend on the payment method you have set up:

  • Fixed Direct Debit customers (inc. seasonal and equal payments):  we will apply your monthly discount as credit to your So Energy account and bills, typically in the first week of the month. To ensure you’re not paying too much, we’ll include the discount when we review your monthly Direct Debit. Read more about your Direct Debit review in October, here. This discount will then be used to set your monthly Direct Debit £66/£67 lower than it otherwise would be. For most of our price-capped customers on our So Flex tariff, you monthly Direct Debit is still expected to rise to rise overall in October as the price cap is expected to increase by more than £66 per month.
  • Variable Payments or Pay on Receipt of Bill customers: we will apply your monthly discount to your So Energy account and bills, typically in the first week of the month. You will see this as a credit in the breakdown of balance on page one of your statement. 
  • Smart prepayment meter customers: we will apply your monthly discount to your So Energy account, typically in the first week of the month. This credit will then reduce the amount you need to top-up.

Please remember that the charges for your energy usage are likely to be higher than £66 per month so you’ll need to make monthly payments to avoid falling into debt. We highly recommend setting up a Direct Debit through your online account if you haven’t already done so. 

It’s important to note that even with the Energy Bills Support Scheme helping out, most people will see their Direct Debit rise in October anyway. For a typical price-capped household, using 2,900kWh of electricity and 12,000kWh of gas per year, costs will rise from £164 per month to an estimated £304 per month. Even when you subtract the £67 Energy Bills Support Scheme discount from £304, that typical household’s monthly cost still rises from £164 to £237. In reality everyone’s circumstances are different but for the most part customers should expect to see their costs rise despite the Energy Bills Support Scheme discount.

We have more information on what support we have for our customers and what to do if you’re struggling to pay your energy bills.

Please note that credit will not reach all customers on 1 October 2022. We aim to apply the credit in the first week of each month during the scheme which will run between October 2022 and March 2023. 

If there are any issues or delays with applying your credit you’ll be informed. We’ll ensure no one misses out.

If you already have a debt payment plan with us:

We will reduce the payment in accordance with your debt repayment plan. If you don’t have a debt repayment plan agreed and you think you need one we have more information on what to do if you’re struggling to pay your energy bills.


Can I get the full £400 at once?

The short answer is, No. The £400 is to help you with higher bills during winter. Which is why the credit is spread across 6 months. Additionally, the government will be giving energy suppliers the money in instalments, so it's not possible to give any of our customers £400 in one lump sum.


Can I have the money paid to my bank account?

The government has asked suppliers to apply the Energy Bill Support Scheme to be applied as a credit to your energy account. As per our refund policy, if your account is in significant credit, you can ask for your balance to be refunded. 


Will I receive the discount if my account is in debt?

Yes, you will still be eligible for the scheme. 

If you’d like to find out more about the Energy Bill Support Scheme, you can head to the government website.



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The Energy Price Guarantee (EPG)
Chancellor Jeremy Hunt has announced that the Energy Price Guarantee will be extended to last until April 2024. From April 2023, the annual energy bill of the typical household will increase to £3,000; an estimated £500 saving compared to the expected Ofgem price cap.

Ofgem have updated their price cap for January 2023. The main takeaway is that the annual energy bill for the typical household will remain at around £2500 until April 2023, but there will be some small increases in certain areas of the country from January.


This article will outline the Energy Price Guarantee, a new measure announced by the Government on the 8th of September (and updated on the 17th of November) to provide further support for energy customers. This is in addition to the Energy Bill Support Scheme.

The Energy Price Guarantee (EPG) and Government Energy Price Guarantee (GEPG) are the same thing, you may have heard the name used interchangeably in the media or publications. 

TABLE OF CONTENTS


What energy support has the Government announced?

The Government has outlined its Energy Price Guarantee (EPG) that caps energy prices for typical households until April 2024. This is the maximum cost of each unit of gas or electricity a household uses. From April, the annual energy bill of the typical household will increase from £2,500 to £3,000; an estimated £500 saving compared to the expected Ofgem price cap.

Remember, your actual annual costs will depend on how much energy you use so your yearly bill could be greater or smaller than £3,000.

The Government will continue the Energy Bills Support Scheme, giving electricity customers a £400 discount on their energy bills spread over 6 months, starting 1 October.

The EPG will reduce the unit rates for gas and electricity from the values announced under Ofgem's quarterly price cap plans. Standing charges will not be affected and will change in line with Ofgem's guidance. 

 

When will the Energy Price Guarantee be available?

From 1 October, all customers on our standard variable tariff So Flex will benefit from the Energy Price Guarantee and all our electricity customers will also benefit from the Energy Bills Support Scheme. The Government has announced the new unit rates and you can check them here. 


What will I need to do to receive the Energy Price Guarantee discount? 

Don't worry, there's nothing for customers to do - we'll handle all of that for you and apply the discount automatically if you're on an eligible tariff - see below for which tariffs will benefit from the EPG.


Which tariffs will be affected by the Energy Price Guarantee?

All customers on our standard variable tariff, So Flex, and customers on some of our fixed rate tariffs will benefit from the Government’s Energy Price Guarantee.

Until April 2023, the Government’s goal is to set the energy bills of typical-use households at around £2,500 a year (rising to around £3,000 until April 2024) by offering subsidised energy rates. For over 70% of our fixed tariffs, the unit rate is already priced below the Energy Price Guarantee unit rate, so they will not receive an Energy Price Guarantee discount.

The remaining 30% of fixed rate tariffs are priced above the discounted unit rates so will be eligible for the discount. For customers on these tariffs, the discount will bring their rates down to the discounted unit rates. This will be reflected in your monthly statement. 

A very small number of customers fixed their energy at a high price and so, despite being eligible for the discount, their discounted unit rates will still be higher than the Energy Price Guarantee’s target rates.

At the moment, our only available tariff is So Flex, our standard variable tariff. If your fixed rate tariff is coming to an end, you will automatically be moved onto So Flex.

 

How will this change my Direct Debit?

All customers will see a change in their Direct Debit to reflect the new rates set by the Government and the impact of the related Energy Bills Support Scheme. Here, you can check how the Energy Price Guarantee will affect your tariff rates, but as a guide, we expect:

  • low energy users to pay less than they do today

  • typical users to pay about the same as they do today

  • high users to pay more than they do today but still a lot less than what was previously projected


Where can I find more information?

Our blog is a really useful source of information for your energy-related questions, including details of the Energy Bills Support Scheme, a guide to energy assistance ahead of winter, reasons for energy prices changes, and much more.


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Everything you need to know about your energy for January 2023

This year, the energy industry has seen a large increase in the price of wholesale gas and electricity. The rising cost means that energy suppliers, including So Energy, need to pay more for the energy we’re buying to supply your home. In response to these higher prices, the Government has provided financial support packages to protect consumers from these rising prices.

We understand many customers are worried about energy bills this winter, so we’re here to keep you informed about changes in the energy industry, how it affects you and what support we (and the Government) can offer.

  • How are tariffs changing?

    If you're on our So Flex variable tariff:
    From 1 January, electricity customers’ So Flex variable tariff rates will be changing because the unit prices are subject to Ofgem’s price cap. On average, the price per unit of electricity will be 34.0p/kWh (pence per kilowatt hour, inclusive of VAT) although your specific unit rate will depend on which region you live in and how you pay for your energy. This is due to changes in Line Loss Factors, which is related to the cost of transporting energy from the national grid to different parts of the country at different times of the day. You can see the full list of rates by region and payment type for January to March 2023 on www.gov.uk
    The Government’s Energy Price Guarantee and the Energy Bill Support Scheme will still be applied to your account. However, because the Energy Price Guarantee is a discount off Ofgem’s price cap, this will mean changes to the unit rate paid by a majority of our So Flex customers.
    For a typical So Flex customer on our standard tariff, they may pay £20 more or less per year, depending on where they live in the country. For a typical So Flex customer on our Economy 7 tariff, they may pay £100-£120 more per year, depending on where they live in the country

    If you're on a fixed tariff:
    Customers on a fixed rate tariff will see one of 3 changes to their account, depending on the price at which they fixed their energy rates.
    - If you fixed your energy price at a very low rate, you are already paying less for your energy than the rate set by the Ofgem price cap and the Energy Price Guarantee. You’ll remain on this low rate and you won’t see a reduction in your bill.
    - If you fixed at a price above the level set by the Energy Price Guarantee, your unit prices will be reduced, depending upon the region in which you live and your payment type.
    - If you are one of a few customers who fixed their energy prices at a very high rate, you will receive the full unit rate Energy Price Guarantee discount. However, it’s important to remember that despite the full discount, you may still be paying above the Energy Price Guarantee rates.

    We will be emailing all customers whose rates will change, you don't need to do anything. All customers on So Flex and customers on some of our fixed tariffs can use our Energy Price Guarantee discount checker to see our projections of the new tariff rates and discounted prices. Please note that unit rates are discounted while standing charges are not.

  • Will my Direct Debit change?

    Your monthly fixed Direct Debit is the regular monthly payment you make towards the cost of your energy usage. Customers eligible for the Government's Energy Price Guarantee and Energy Bill Support Scheme discounts already have these applied to their Direct Debits. As the impact of this price adjustment is smaller than previous changes, we will not be reviewing most customers' Direct Debits.
    We will continue our normal practice of reviewing customer accounts to make sure everyone is paying the right amount. If you’re in the course of our regular reviews and there are any changes to your monthly payment we will reach out to you via email.
    Find out more about how we review your payments on our help page and the process for reviewing Direct Debits here.

  • What about Government support?

    Government's support schemes will remain in place.
    The Energy Bill Support Scheme means you will continue to see a £67 credit on your electricity bill until 31 March 2023. The Energy Price Guarantee came into effect on 1 October and is automatically factored into your bills, you don’t need to do anything.

    The Energy Price Guarantee caps average household energy bills at £2,500 a year for a typical household until March 2023. This is a cap on the cost of each unit of gas or electricity a household uses, there is no discount to the daily standing charges.

    From April 2023, the annual energy bill of the typical household will increase to £3,000; an estimated £500 saving compared to the expected Ofgem price cap.

    It’s important to remember the cap isn’t an absolute limit to your energy bills - it is a cap on the price per unit of electricity or gas. The more energy you use, the more you will pay, so your actual yearly bill could be greater or smaller than the Energy Price Guarantee.

  • What if I can't pay?

    We endeavour to always offer our customers the best deal for their energy usage and provide support where we can when money is tight. If you’re concerned you won’t be able to pay following our review of your monthly Direct Debit, speak with us and we can work out a payment plan with you. Installing a smart meter is also an effective way to control and monitor your energy usage, and submitting regular meter readings helps us make your energy bill more accurate. Read our energy-saving tips and support we offer our customers.

  • Should I have done anything on 1 October?

    If you don’t have a smart meter, please continue to submit monthly meter reads via your online account. Regular meter readings help us to ensure your bills accurately reflect your usage (Not sure how to read your meter? Find out here. To learn how to submit a reading, click here.) If you have a smart meter, you don’t need to submit any meter readings - learn more about smart meters here.

  • If you provide 100% renewable energy, why are prices going up? 

    So Energy buys 100% renewable electricity. This means that for every mwh (megawatt) of electricity we supply to you, we work with renewable generators to match that amount with a green certificate (or REGO).

    The price we pay for wholesale energy is based on the blended prices of all sources of energy in the country, which includes wind, solar, coal, gas, and nuclear. The price of energy is the same, no matter the origin and the cap on energy is based on the cost of all sources of energy.

    On average, about a third of the electricity from the grid is from renewable sources, while more than a third is powered by natural gas. Because gas is still needed in the mix to supply electricity to the country, the wholesale prices across the country are heavily influenced by the cost of generating from gas power stations. So even though it’s cheaper to generate energy from renewable sources, the price that suppliers and consumers pay is affected by these big increases in gas market.

    Find out more about our energy.
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What to do if you are struggling to pay your bills

We know that it’s not always easy to keep up with bills, and if you do find yourself struggling, get in touch and we can discuss ways in which we can help. Please call us on 0330 111 5050 lines are open Monday to Friday 9am to 5pm. It would be helpful if you have an up to date meter reading to hand when you call. 

We can: 

  • Discuss a final bill repayment plan.  
  • Review your monthly direct debit payments to match your regular consumption and clear down any arrears over a longer period. 
  • Discuss a temporary reduction in your monthly payments if you have had a sudden change in circumstances such as loss of employment or income. As this could increase your debt in the future, we can only offer this as a short-term solution. 
  • Give you plenty of advice on how to lower your energy bills, check out our energy saving tips. 
  • Install a smart meter to ensure we have accurate and up to date meter readings and you can view your usage in real time. 
  • Make sure you are on the most cost-effective tariff (if there are any tariff options in the market at the time).
  • Check that we've billed to actual meter readings. 


Where can you get further support? 

At So Energy, we are committed to supporting our customers who experience money worries.  

While we’re doing all we can to help our customers, we recognise there may be other debts and money concerns with which you need help and advice. If you are worried about debts, or have missed payments, there is also free and independent debt advice available via government sponsored MoneyHelper.  

Please contact MoneyHelper via their free helpline number - 0800 138 7777 or visit their website. As well as being there for help and guidance, they offer several tools you can use, including: 

  • Money Navigator tool– The Money Navigator tool gives you action plans based on your own situation. Answer a few questions and you will know in 30 seconds: 
    • The money issues you need to tackle first 
    • How to stay on top of bills and payments 
    • Extra help and support you’re entitled to 
    • Where you can get free advice for debt, housing or redundancy 

So Energy partners with Charis Grants Let’s Talk Energy Fund

We have partnered with Charis Grants, Let’s Talk Energy Fund, to help our customers who are experiencing financial hardship and are struggling. If you’re eligible the Fund could provide assistance with debt on your energy account or provide replacement essential energy efficient white goods such as a fridge or oven.

Eligibility Criteria (one of the below):

  • Pension Credit
  • Income-related Employment and Support Allowance 
  • Income-related Jobseekers’ Allowance 
  • Income Support 
  • Child Tax Credit  
  • Working Tax Credit 
  • Universal Credit  
  • Gross Annual Household Income is less than £17,005

To complete your application, you’ll need your So Energy account number. Depending on your circumstances, you may be asked to show:

  • Proof of all household income for yourself and anyone living with you, for the current tax year.
  • All pages from the Department for Work and Pensions (DWP) award letter stating your entitlement to a benefit and the amounts due to be paid for the current tax year.
  • Pension letters for State or private pensions.
  • Please note all supporting evidence must be less than three months old with the exception of Department for Work and Pensions (DWP) annual benefit letters, for example, State Pension and Child Benefit letters. All documents must clearly show name and address details as well as the amounts currently being received for the current tax year.
  • Information around the current condition of your white good(s).


Click below to apply on the Charis Grants Let's Talk webpage.


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What happens with my Direct debit if the price increases?

When there is a price increase, we’ll get in touch with you at least 21 days before there are any changes to your payments and let you know what your options are. 

If you decide to fix your rates or remain on the standard variable tariff, your direct debit amount will automatically be adjusted, in line with your new rates on our next payment date. You can always adjust your direct debit amount to something affordable to you on your online account. However, please be aware that we cannot decrease your direct debit below a certain amount that will result in your account going into a debit balance. 

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Can I get a Smart Meter and does So Energy support them?

Here at So Energy, we can’t get enough of smart meters. That’s why we’re committed to offering one to all of our customers. Interested to know more?

Quick links:

What is a smart meter?

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Smart meters are revolutionary, next-generation technology that capture and send meter readings straight to your energy supplier, all without you having to lift a finger. This ensures accurate bills across the board, putting an end to estimates. Smart meters also come complete with an in-home display (IHD), which enables you to track and monitor your usage in a real-time pounds & pence view. You may see us referring to smart meters as SMETS here and there, which stands for Smart Metering Equipment Technical Specification. 

What's so good about smart meters?

Smart meters save money, they save time and they save energy (gas, electricity and your own).

  1. No more meter readings - Smart meters send us regular, automatic readings, meaning you’ll never need to root around under the stairs, using the torch on your phone, to take a reading to send us ever again. 
  2. No more estimated bills - Since smart meters send us regular readings, we always have accurate data for your energy usage, so we’ll never again need to base a bill on estimated usage. This helps you by ensuring you’re not overpaying, and it helps us to know how much energy to buy in advance for all So Energy customers.
  3. Save energy and money - Smart meters come with an in-home display (IHD), a little monitor that shows your real-time energy usage. With this, you can keep an eye on the appliances that use the most energy, make changes and see instant improvements in your consumption!

Can I get a smart meter?

We are now well established in our second-generation smart meter rollout, having installed tens of thousands of meters up and down the country. Our metering partners are doing a fantastic job in helping us to deliver on this project but if you haven’t heard from us already, fear not as you likely will soon!

When we do have availability in your area, we will be in touch through smart.install@so.energy with a prompt to book an appointment via your online account, so be sure to keep an eye out for that!

Once you've made a booking, you can amend or cancel your appointment at any time without getting in touch. All you need to do is use the link provided in your booking confirmation or reminder emails and you'll be able to manage the booking completely by yourself!

Already receiving emails from us? Book now!

If you are receiving smart meter emails from us and can see the below banner on your online account, click here to book now, it only takes 5 minutes! 

Can't see the above banner? Fear not, if you register your interest with us here, we promise to contact you as soon as we can with the offer of a smart meter.

For information on how to prepare for your installation, check out our section here. Or, to find out more about our metering partners and their no-contact smart meter installations, please check out this page here.

Can So Energy support my existing second-generation (SMETS2) smart meter?

So Energy support all second-generation smart meters, also known as SMETS2 meters. If you have a SMETS2 and wish to join our supply, your meter should automatically connect to us and start providing us with reads when we take over supply.

If you have a SMETS2 meter and you are already on our supply, these should be 'woken up' and communicating with us. However, if you feel your smart meter has not yet woken up, please get in touch with us via help@so.energy.

Can So Energy support my existing first-generation (SMETS1) smart meter?

Good news, The Data Communications Company (DCC) is in the process of updating all first generation smart meters by moving them over to the new smart communications network. This migration is being carried out in three stages, with a planned finish at the end of 2023* after the latest Government update. This is being done so that we can provide you with an even more reliable service, all while ensuring your smart meter(s) can continue to work should you decide to switch suppliers in the future. 

What does this mean for me and when will my SMETS1 become smart again?

We've been working hard to start communicating with newly-enrolled smart meters. That being said, the time and date your SMETS1 will be enrolled and adopted into the new smart communications network depends on a few things, such as the meter manufacturer and the energy supplier who originally installed it. As it’s an industry-wide change that is largely out of our control, we are currently unable to provide exact timings for each meter. 

After we’ve taken care of the boring stuff in the background, if your meter is successfully enrolled and communicating with us, you will receive an email from us with the good news that your SMETS1 meter is now smart enabled. This means your meter will be able to do all the useful smart stuff. If both your gas and electricity are first-generation smart meters on supply with us, you will receive this email for each meter we successfully wake-up, so don’t be alarmed if you get it twice (it’s good news!).

If for any reason the Data Communications Company (DCC) are unable to wake up your meter, we will be in contact to offer you a brand new SMETS2 meter, free of charge. For the time being though, sit back and relax until you hear from us. Your first generation smart meters will behave like a ‘normal’ meter, meaning you will need to provide us with meter readings via your online account to ensure an accurate energy statement.

Is my smart meter first or second generation?

Chances are if your meter was installed before 2018, it’s most probably going to be first generation (SMETS1). To be more certain though, you can either check out our page here (complete with diagrams and model names), or look for a device ID (GUID) on the electricity meter. This will be printed on the front of the communications hub (attached to the top of the meter) and will be formatted like this: AA-BB-CC-DD-EE-FF-GG-HH-II. If you can see this, you have a second generation (SMETS2) meter.

Can I get a smart meter if I rent/am a landlord?

This depends who pays the utility bills for the property. Whoever the account holder is (the person responsible for paying the utility bills) ultimately has the choice on whether a smart meter can be installed. However, if you are renting but also pay for the gas and electricity, it may still be worth informing your landlord prior to installation that you are intending to install smart meters at the property!

I'm an electricity only customer, can I get a smart meter?

If you're an electricity only customer, fear not! We are now supporting electricity only smart meter installations up and down the country, so if you haven't heard from us yet then you likely will soon! 

Our Smart Metering Mission

In 2022, we installed 25,332 electricity and 20,295 gas smart meters (45,627 in total), falling just short of our respective targets of 26,427 and 27,617. You can see a breakdown of those installations below.

2022Installation TypeNumber of InstallationsTarget Installations
Domestic Credit Installations (Electricity) 25,33226,427
Domestic Credit Installations (Gas) 20,29527,617
Prepayment Installations (Electricity & Gas)00
Non-domestic Installations (Electricity & Gas)00

In 2023 we have even bigger ambitions, as we are planning to install 29,292 electricity and 35,158 gas smart meters (64,450 in total). You can see a breakdown of our targets below. 

2023Installation TypeNumber of InstallationsTarget Installations
Domestic Credit Installations (Electricity) TBC29,292
Domestic Credit Installations (Gas) TBC35,158
Prepayment Installations (Electricity & Gas)00
Non-domestic Installations (Electricity & Gas)00

Haven't heard from us yet? Fear not, as you likely will do soon. Alternatively, why not your register your interest here and we'll get back to you as soon as we can to let you know if you are eligible.

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Will my bill increase due to rising energy prices?

You may have seen in the news in recent weeks and months that energy prices are increasing across the energy industry and thought about what this means for you and what you pay for your energy. 

Will my Bill increase?

Fixed tariff

If you are on a fixed tariff, your price will remain the same until the end date of your tariff, a fixed tariff gives you peace of mind and confidence that the price you pay for energy will remain the same. However, with winter coming your usage might increase which does affect your bill. To read more about how your usage impacts your bill, read here!

If you are near the end of your tariff 

If your fixed tariff is coming to an end soon, you will most likely see an increase in your renewal price.

I'm at the end of my contract and my renewal price is a lot higher than my current monthly payments, why have my monthly payments increased so much?

  • When we calculate your renewal price there are 2 elements that are used; your estimated annual usage and the tariff rates
    • We calculate your estimated annual usage based on your meter readings over the past 12 months (or for the time you have been on supply with us), if you've been providing us with regular monthly readings or we take smart reads remotely, this will ensure this figure is as accurate as possible!
    • Your tariff rates are what you pay per unit of energy (in kWh) and the standing charge per day.
    • This means that while your estimated annual consumption may not have changed, the changes in unit rate and daily standing charge may cause your monthly payments to increase.
  • We understand the impact that price hikes may have, especially on those vulnerable, so if you are facing financial difficulty, please contact us to discuss a solution that works best for you.

We are currently only offering 24 month tariffs which  are a great option if you are renewing as your tariff price is locked in for longer, meaning you don't have to worry about any future increase in price for the length of your contract.

Why are prices increasing?

Rest assured, So Energy always tries to provide you the best price possible. The vast increase in wholesale costs (where we buy your energy) means that we are forced to increase the prices we charge you.

While we - and most energy suppliers - will pass any savings on to our customers and absorb rises in wholesale costs in order to keep things affordable, there are times when you’ll see an increase in what you’re paying. This is generally unavoidable, and as an energy supplier not something that we like having to do.

The increase in gas and electricity prices over the last month are driven by wholesale costs going up as a result of various socio-political and environmental factors across the world.

  • Some of these factors include:
    • A cold spring in Europe. As you’ll undoubtedly have noticed, spring this year didn’t trouble the mercury. Lower temperatures and less sunshine than expected - among other things - meant higher demands on stored energy, leaving less in storage to deal with the spike in demand outlined above, thus leading to higher prices.
    • An increase in demand as the country recovers from the effects of Covid lockdowns. Businesses are opening again, public transport is back to full capacity, people are back in the office and so on as vestiges of normality continue to return. All of this requires energy, and this has created a spike in demand that requires supply.
    • It’s been hotter elsewhere. While we experienced cooler temperatures in Europe, Asia experienced a hotter-than-usual summer. This, in turn, has resulted in higher demand for gas and electricity for cooling systems which, in turn, has also contributed to lower levels of available stored energy.
    • Fire damage to a connector across the Channel restricts how much energy can be transferred from there
  • Energy markets fluctuate all the time and our expectation is for this price increase trend to reduce over the next year.
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I'm moving out, what do you need to know?

We know moving can be stressful but sorting out your energy doesn’t have to be. We handle most of the process for you, we just need a few details from yourself. There’s a quick form to fill out which will be sent straight to our operations team. This article will explain everything you need to know. 

Moving Home Form

What do we need?

To process your move, we'll need to take a few details from you. You can provide them by completing this form. 

These details will be some dates, some meter readings and some address details so please have the following things handy:

So Energy account number- This is an eight digit number starting 00 that can be found on the top of any email we have sent to you or on your welcome page in your online account.

Full name- Please ensure the name you provide matches with the name on your account.

Telephone number- Please ensure that this matches with the contact number associated with your account.

Address moving out of- please include the full address including postcode of your current property

Last date of responsibility- This is the date that your tenancy for your current property ends or the last day where you are responsible and may not be the same as the day you move out of the property. This will be the date that your account is billed to.

Electricity and/or gas readings- Please provide us with meter readings for all meters that we supply at the property taken on the last day of responsibility or on the date closest to that. These reads will then be agreed with the new occupier before your final bill is issued. Please see this article for further information on reading your traditional or smart meters.

Contact details for new occupier (if known)- This helps us the process of creating an account for the new occupier but do not worry if you do not have any contact information.

Address of forwarding address- please include the full address including postcode for your forwarding address. We may use this in the eventuality we need to send any further communications to you via post.

Things to keep in mind

Can you supply my next property?

Great, we’d love you to stay with us! For more information on this have a look at our page here.

I’ve already moved out/I’m about to move out, am I going to be charged extra because I haven’t told you in time? 

No, even if you’ve already moved out we will only bill you for up to your last date of responsibility.

What happens to any credit I’ve got on the account?

You’ll receive your final bill which will detail any final any charges or early exit fees. Any credit that’s left on the account after that will be refunded back to you, there will be a date on your bill for when this will by. It is usually within 10 days after you receive your final bill.  

Will I be charged any early exit fees?

Early exit fees will only be charged if your current tariff(s) are not in the last 49 days of your contract.

Our 12 month, fixed tariff agreements have early exit fees of £20 per fuel (if your 12 month tariff began prior to 16 August 2021, your early exit fees will be £5 per fuel. If your 12 month tariff began after 16 August 2021 and up to 2 November 2021, your early exit fees will be £10 per fuel). That’s £40 if you end a dual fuel agreement early or £20 for ending a single fuel agreement early. Our 24 month, fixed term tariff agreements have early exit fees of £40 per fuel. That’s £80 if you end a dual fuel agreement early or £40 for ending a single fuel agreement early (if your 24 month tariff began on any date up to and including 2 November, your early exit fees will be £30 per fuel).

Should I cancel my direct debit with you? 

No, we will cancel the direct debit once the final bill has been settled. Cancelling the direct debit can lead to it taking longer to close your account and delay any credit you are owed to get back to you. If you do cancel your direct debit you will need to pay any charges owed manually  

What if I have cancelled my direct debit with you already?

We’d advise reinstating it, but otherwise you will need to pay any money owed through your online account or by getting in touch with us by the due date on your final bill. Any credit due back to you will still be paid but there may be a delay. 

What happens next?

Once we have all the information about your move, the rest of the process is down to us! Please remember to send a final meter read on your last day of responsibility if you haven’t already. We’ll send you your final bill, usually within 14 days of you moving out. After the final bill is settled the account will be closed. 


 


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