Energy Prices (Strictly NO referrals!)

I really hope Labour as part of their energy market transformation dictate that all energy companies must offer a TOU tariff to customers with a smart meter.

Sunday lunchtimes are always low demand, well Sundays in general, which many working families could use to do a load of energy intensive things and yet most will be paying well over the market cost on busy weekends.
 
No one will take it up because they will be afraid it will cost more and those same people have little understanding of their actual use and when they use it.

They would need to go further and make the default tariff a 3 rate tariff (overnight off peak (12-4am), evening peak (4-7pm) and standard at all other times for all customers, including business.

Mandate smart meters by law and if you want a flat tariff, you pay slightly under the peak rate per unit all the time.

This alone would shave GW’s off our evening peak demand and increase demand overnight when it’s cheapest.
 
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Mercenary Keyboard Warrior said:
I really hope Labour as part of their energy market transformation dictate that all energy companies must offer a TOU tariff to customers with a smart meter.

Sunday lunchtimes are always low demand, well Sundays in general, which many working families could use to do a load of energy intensive things and yet most will be paying well over the market cost on busy weekends.
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Government controlling us with smart meters dude haven't you heard.

Pass me the foil now.
 
200sols said:
Government controlling us with smart meters dude haven't you heard.

Pass me the foil now.
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You have to be very careful now, the government have found out about tinfoil and are mandating that it is now thinner with micro holes in it that allows the control waves through.

You have to either get the extra thick stuff, or try to find some old 70s proper stuff or your wasting your time.

b0rn2sk8 said:
No one will take it up because they will be afraid it will cost more and those same people have little understanding of their actual use and when they use it.

They would need to go further and make the default tariff a 3 rate tariff (overnight off peak (12-4am), evening peak (4-7pm) and standard at all other times for all customers, including business.

Mandate smart meters by law and if you want a flat tariff, you pay slightly under the peak rate per unit all the time.

This alone would shave GW’s off our evening peak demand and increase demand overnight when it’s cheapest.
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Its really chicken and egg.

Not every one would need to operate like Agile, in fact ideally they wouldn't. No reason they couldn't merge chunks of time into say 2 hour blocks and have less rates but still tied to market pricing.
But yes like your example, even a few rates that got the gist of the key daily price movements would help, which was my point.

People get scared now but TOU would also lower peak demands and hence overall pricing.

Mandating a reasonable* TOU scheme is in place with all suppliers that is open to all customers would be a starting point.

* Would need to define that, could be minimum of 3 periods to start with, a minimum gap allowed between the rates etc. It could be expanded and refined over time.
 
TOU tarifs would still need generation capability payed for, for those ain't no sunshine/wind days - California proposed that people with batteries & erratic demand in such situations would have to pay an
additional premium (for firing up those facilities) when they needed units;
but otherwise TOU would commercially poison remaining industrial production, budgeting for price of goods, train fairs, restaurants....
 
chrcoluk said:
I dont use any as they tend to focus on size of DD and EAC. When all I care about is SC and cost per kWh.
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Same thing I look at but comparison sites just give you more on the screen in one go. I just open the detail pages and check against my current rate and standard rate.

Any of interest or companies not shown get noted and checked against their own site. I usually put the potential switches on spread sheet for easy reference too.
 
-£0.69, nice :D We're not huge users of electricity but made the most of it the best we can. Would've been a lot higher if we'd had a Sunday roast too.

GW9yKQT.png
 
Currently with Octopus - Tracker.

Just interested to hear reactions from others about whether they intend to continue with their tracker,
or switch to something else like the flexible tariff.

Probably best if I give them a call, but still curious to hear others experiences thus far. :)
 
We're on Octopus 16M "Loyalty" Fixed, which I've been meaning to sort of out for some time. The standing charge for one is 62p/day, and the change appears to have wiped out the Flex stuff we had set up before - none of this was mentioned when we fixed.

Anyone care to chime in what's good for solar/battery users - is it still Flux, or is this new Eon effort worth the switch over?
 
Can someone help explain why our electricity bill this month is £638 (offices closed so can’t call)

5x what it is usually which is about £100 normally. On the usage history showing virtually same usage


 
It only goes of the reading.
Check your reading last month and manually take it now to make sure it lines up. All that's showing is there's is a silly amount of unit's used.
Then call them as they'll need to investigate
 
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Craterloads said:
Can someone help explain why our electricity bill this month is £638 (offices closed so can’t call)

5x what it is usually which is about £100 normally. On the usage history showing virtually same usage


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Manually check your meter reading to ensure its correct first before you do anything.
 
Liberty 100 meter with keypad

Pressed 9 and reading 48539

Presses 6 for

Imp r01 46227
Imp r02 2312

Not sure what these ones are imp ones but online says look at these for meter reading
 
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