Energy Prices (Strictly NO referrals!)

[Mrwong]

Brexit is a major contributory factor.

No it is not a major factor. There are many factors that hsve played a part.
Globalisation, artificial low rates, easy borrowing, low wages, fiscal drag , immigration , government policies, capitalists con, housing, corporate welfare, NHS sell off, end of free university these are some that have led us here

 

[Terminal_Boy]

La France has just capped all energy price increases for 2023 at 15%. There’s extra help available for low income households and energy supplies will not be allowed to hike prices in 2024 to recoup losses as the state will pick up the tab if wholesale prices go above 15% during 2023.

Here’s hoping that they get more reactors back online for the winter as the Wuhan Flu and supply chain issues have seriously hurt refit and maintenance over the last 2 years.

 

[the shadow]

BG just sent me this

​

​ Unit rates​ Your unit rate is the amount you pay for each unit of energy you use (measured in kilowatt hours) and includes the Government's Energy Price Guarantee discount† Electricity: 35.796p per kWh

​ Standing charges​ Your standing charge is a daily rate, which pays for getting the energy from the generators into your home Electricity: 33.157p per day

Price Cap Predictions and Changes - British Gas

Learn how the latest Ofgem price cap change impacts you. Use our gas and electricity prices forecast to know if you should be on a fixed or variable energy tariff.

www.britishgas.co.uk

 

[ci_newman]

BG just sent me this

​

​ Unit rates​ Your unit rate is the amount you pay for each unit of energy you use (measured in kilowatt hours) and includes the Government's Energy Price Guarantee discount† Electricity: 35.796p per kWh

​ Standing charges​ Your standing charge is a daily rate, which pays for getting the energy from the generators into your home Electricity: 33.157p per day

Price Cap Predictions and Changes - British Gas

Learn how the latest Ofgem price cap change impacts you. Use our gas and electricity prices forecast to know if you should be on a fixed or variable energy tariff.

www.britishgas.co.uk

I guess you're on a (discounted) fixed rate with BG? Those figures don't match their SVT

 

[jpaul]

par for the SVT course - some variation on location

 

[the shadow]

I guess you're on a (discounted) fixed rate with BG? Those figures don't match their SVT

We've estimated these costs including VAT based on your energy use over the last 12 months
You’ll stay on your current tariff, Standard Variable, but your unit rates and standing charges will increase on 1st October 2022.

 

[krooton]

Did my first bit of testing yesterday.

Turned all central heating on full whack, all radiators, for an hour.

Boiler set at the 'E' dial, which is apparently the economy baseline for 25ºC.

That hour used 12kWh worth of gas, roughly 80p.

 

[LabR@t]

Brexit is a major contributory factor.

Lol no it's not it's a European wide issues.

 

[ci_newman]

We've estimated these costs including VAT based on your energy use over the last 12 months
You’ll stay on your current tariff, Standard Variable, but your unit rates and standing charges will increase on 1st October 2022.

Weird, those email rates are different than the SVT rates given in that link in your original post from 1st Oct.

 

[Bluecube]

Boiler set at the 'E' dial, which is apparently the economy baseline for 25ºC

Are you sure about that? 25C isn’t very hot at all. The E setting on my boiler sets the temperature to about 60C

 

[jpaul]

Lol no it's not it's a European wide issues.

we will find out come winter if brexit is an issue -if we are really short will the Europeans give us some gas/electric, whether, we, uniquely have blackouts.
(satellite pictures will be interesting 'The lamps are going out all over UKEurope, we shall not see them lit again until Xpm )

even the EU reduce use by 15% proposal JRM is just making inflammatory comments about Russia and fracking and confusing his Megawatts, not talking about special operations.

 

[Troop]

Cap price by region from Octopus.

 

[squerble]

Are you sure about that? 25C isn’t very hot at all. The E setting on my boiler sets the temperature to about 60C

He means maintaining a house temperature of 25ºC.

 

[potatolord]

He means maintaining a house temperature of 25ºC.

That's tops off temperatures!

And, yes, I am Welsh.

 

[Gammawolf]

Did my first bit of testing yesterday.

Turned all central heating on full whack, all radiators, for an hour.

Boiler set at the 'E' dial, which is apparently the economy baseline for 25ºC.

That hour used 12kWh worth of gas, roughly 80p.

Not sure what that testing means? Firstly it's not winter so your outside Vs inside is like a 8 degree difference. Secondly you went from some temperature, let's say 21c indoors at this time up to 25, which uses more energy than maintaining 25 there after. It would be better to look at your base gas use in summer when the heating is off (hot water and cooking use) Multiple that by 12 and then subtract that from an annual bill. That'll give you how many kWh per year you use for heating. Then average that number by how many days your heating is used to get a kWh per day usage over a winter period. It won't be accurate on a per day basis as you'd expect to use less in a day in Oct Vs Jan for instance but it'll give you an idea of a average daily cost. For my previous patterns for instance I can expect it'll average to around £5 a day (53kwh per day) over the winter period of Oct to March (18 hours a day heating at 21c with a 20 year old non condensing boiler)

 

[squerble]

Not sure what that testing means? Firstly it's not winter so your outside Vs inside is like a 8 degree difference. Secondly you went from some temperature, let's say 21c indoors at this time up to 25, which uses more energy than maintaining 25 there after. It would be better to look at your base gas use in summer when the heating is off (hot water and cooking use) Multiple that by 12 and then subtract that from an annual bill. That'll give you how many kWh per year you use for heating. Then average that number by how many days your heating is used to get a kWh per day usage over a winter period. It won't be accurate on a per day basis as you'd expect to use less in a day in Oct Vs Jan for instance but it'll give you an idea of a average daily cost. For my previous patterns for instance I can expect it'll average to around £5 a day (53kwh per day) over the winter period of Oct to March (18 hours a day heating at 21c with a 20 year old non condensing boiler)

Holy Jesus, 53kWh of gas per day?!? So you're expecting to burn through about 9500kWh of gas just for heating over those 6 months?

 

[chrcoluk]

It’s all a bit convoluted still.

Seems nonsensical, so I will be paying them the same time they paying me. Why not just apply it as credit for DD customers?

 

[D.P.]

Lol no it's not it's a European wide issues.

like all things, Brexit just amplifies the problems

 

[chrcoluk]

Cap price by region from Octopus.

Thanks, there is some huge regional variances.

Mine is one of the 33p one's but just did the maths and the 21p SC still makes me better of on Agile even if it doesnt get subsidised (I am on the 35p unit 21p SC version). Based on average 7 kWh day usage.

 

[krooton]

Are you sure about that? 25C isn’t very hot at all. The E setting on my boiler sets the temperature to about 60C

I have a hot water tank, so temp for that is set separately from on the boiler itself (which just has a range of 10-30ºC for central heating).

Regardless though, I had the smart TRVs just accept everything, so the boiler was running at full pelt for an hour (and I don't have anything like OpenTherm or outside sensors for weather compensation.)

This was just to get an idea of what the maximum usage would be from my boiler for an hour, given none of the rads hit their limit and turned off.

Real world we would probably only be using maybe a third to 40% of total rads in the house, and with a much more conservative temp setting of 20ºC (wife is going to be so angry).