Prices for commercial use electricity

[singlecoil]

I've recently taken on an industrial unit, and I've received a letter from Atlantic Electric and Gas saying that they have set up an account in my name and now want me to fill in a credit application form. Seems a bit like bolting the stable door..... bit that's not what this post is about. At the end of the letter they tell me that all units are charged at 9.53p, and that the standing charge is £17 per quarter.

Funny thing is, the previous occupiers were beng charged less, I have a copy of their last bill, 14 Sep 2007 to 19 Dec 2007, 8.26p and £14.01 respectively.
What is the panel's advice?

TIA

[singlecoil]

edb49 said:

9.5p ain't bad!

That's still more than 15% increase. I think I would have heard about it if electricity prices had risen that much generally

[singlecoil]

edb49 said:

singlecoil said:

edb49 said:

9.5p ain't bad!

That's still more than 15% increase. I think I would have heard about it if electricity prices had risen that much generally

Well, I buy 4m kwh/year... admittedly not at 9.5p, but I like to think I've got a finger on the pulse of the market

So how much are you paying? and who are you buying it from?

[singlecoil]

edb49 said:

singlecoil said:

edb49 said:

singlecoil said:

edb49 said:

9.5p ain't bad!

That's still more than 15% increase. I think I would have heard about it if electricity prices had risen that much generally

Well, I buy 4m kwh/year... admittedly not at 9.5p, but I like to think I've got a finger on the pulse of the market

So how much are you paying? and who are you buying it from?

It gets a lot more complicated

You have standing charges, peak demand charges, availability charges, then at a minimum day and night units. Not forgetting CCL. I think they work out our bills on the NASA supercomputer

We're buying at 11kv, which is considerably different to LV.

But you must have had some basis on which to say that 9.5p isn't bad?