How much cash back?Just switched to edf again for the cashback all in about 2 months savings off for the year
Found 44 pounds cash back. But the 100 exit fee has put me off
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Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Found 44 pounds cash back. But the 100 exit fee has put me off
Soldato
- Joined
- 22 Dec 2006
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- 9,646
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- Around Town
£63.75 (Dual Fuel)with tcb also there is a refer a friend Between 21 November and 22 December 2025, each time a friend you referred joins us, you'll get £100, and they'll enjoy £75.each pick one.
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Associate
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- 9 Jul 2013
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so our bills are going up even though wholesale prices are down. Didn't know we were subsidising the winter fuel allowance and the nuclear power station.
Nice.
What happened to GB energy? Or what even is it?
Nice.
What happened to GB energy? Or what even is it?
The UK market is a mess, and I don't really understand it. what is the unit proice for electric? something like 25.3p/ kWh?
I live in Greece, and the maximum price here works out at about 14p / kWh, and we have no standing charges. If you shop around you can pay considerably less here too.
I just don't get the reasons for such a significant difference.
Looks like Ovo might be in trouble now...
news.sky.com
Struggling energy supplier Ovo to axe hundreds of jobs
The household energy supplier is expected to confirm plans to axe "several hundred" jobs as soon as the middle of next week as it continues talks with regulators and investors, Sky News learns.
I can remember being with OVO around 15 years ago and they were good in the beginning, but I left as soon as their prices started going silly high.Looks like Ovo might be in trouble now...
Struggling energy supplier Ovo to axe hundreds of jobs
The household energy supplier is expected to confirm plans to axe "several hundred" jobs as soon as the middle of next week as it continues talks with regulators and investors, Sky News learns.
Took over Spark and SSEs customers I think.
Soldato
- Joined
- 18 Oct 2002
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- 9,504
Supplier of last resort for me from Tomato is British Gas.
Wow. A 25p per unit stings like hell compared to what I was paying with Tomato!
They haven’t even stuck my on Ecomony 7, so that’s an all day rate.
Wow. A 25p per unit stings like hell compared to what I was paying with Tomato!
They haven’t even stuck my on Ecomony 7, so that’s an all day rate.
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Soldato
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- 13 Sep 2005
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- 4,509
Wondering if I should move away from Ovo now...
Soldato
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- 13 Jul 2004
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- Stanley Hotel, Colorado
Tomato had worries in the spring, I dont think Ovo is quite so bare bones cheap so they are cutting costs etc. helps their margins. You might want to join a facebook user group, finding that info gave me the heads up earlier that Tomato had their toys taken away not just words
Yep but the small print nicer detail was I think the tariff only applies from 18th. Upto then you might be paying the old company and old rate. Its standard fair you arent locked in just need your account setup now, hopefully BG expediate and allow customers to choose their supplier etc.
Yep but the small print nicer detail was I think the tariff only applies from 18th. Upto then you might be paying the old company and old rate. Its standard fair you arent locked in just need your account setup now, hopefully BG expediate and allow customers to choose their supplier etc.
Soldato
- Joined
- 18 Oct 2002
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- 9,504
Yup, as soon as BG confirm account is set up I’m switching!
Soldato
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- 14 Aug 2018
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The email from them said "Were moving you onto a great value tariff"
I took issue with that and logged a complaint as what they should have done is told me exactly which tariff they were moving me onto and how much I would be paying. I had to call to find out this "great value tariff" is anything but.
I switched away the same morning my British Gas tariff went live onto E.ON Next for the 7.5p kHw from 12am-6am.
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Soldato
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- 21 Sep 2020
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It's called private companies and shareholders.
Martin Lewis broke it down the other day, there's loads of things as well like Renewable obligation is 15-20%, feed-in tariffs 5%, there's a payment to keep funding for generators of renewable which is like 10%, there's 2% of it goes towards securing future supplys, there's climate change levy likes around 10%. There's just a whole host of stuff. Even stilly things like if someone doesn't pay, the company isn't allowed to lose money they just spread the cost to everyone. Then there's VAT/TAX.
The stupid way it's priced based on dutch gas prices as well, which is mental. So let's say for arguments sake dutch gas is 25p a unit and wind is 1p a unit. Let's say you use 80% wind and 20% gas and use 100 units, you pay the entire lot as 25p per unit, not 80p for the 80 units of green energy. Everyone also pays the same amount (in relative terms). So it doesn't matter if you're in a low income area in the north of Scotland where there's massive solar and wind farms providing 100% of your electric as green. You pay the same as the super wealthy areas of London City who will be closer to 100% of coal or gas supplied electricity.
Talking about the data centres they should be getting plopped in Scotland where there is massive supply of green energy (which from what I've read is meant to be getting pylons down to Manchester and Liverpool for cheaper electric there).
The entire structure of UK energy is just out of date in this day and age.
Well it's not really surprising, it was obvious they couldn't sustain the low prices, was only a matter of time before they went bust.
Making everyones standing charges higher in the process.
No one should be supporting providers who are waaaay below the market as it's plain obvious what's going to happen and when they bust it screws over everyone.
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There's a hvdc subsea line being build from Scotland down to drax on the east coast, this will remove a hell of chunk, if not all of the curtailment that we currently endure.
The price of electricity now has 0.046ppkwh added to subside the nuclear builds, as they changed it to include nuclear from 2022, https://energyadvicehub.org/understanding-the-nuclear-rab-levy-a-new-charge-on-energy-bills/
Soldato
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Hopefully but they'll find another way to screw us over and keep the prices sky high!
They have, green hydrogen a cost efficient energy and CCUS to keep up with high emission plants.
Both get subsidies in the millions.
Meanwhile on the M5 between West Bromwich and Oldbury, there's a 60mph speed limit for better air quality.
Right next to the M5 at the same stretch there's a new energy plant being built, it will burn rubbish to create energy.
Unsure if an easy question to answer or if I need to phone Octopus...
My folks have received a renewal offer for a new fixed tariff, for when their current fixed tariff expires end of December. If they accept the new tariff, does it kick in straightaway or only when the current one expires?
My folks have received a renewal offer for a new fixed tariff, for when their current fixed tariff expires end of December. If they accept the new tariff, does it kick in straightaway or only when the current one expires?