Energy Prices (Strictly NO referrals!)

Have just switched to the tracker tariff with Octopus. Fingers crossed wholesale prices don’t balloon!
You'd hope that we are through the bulk of the cold weather now. Obviously still lot of potential for global cold spell in Northern hemisphere, but its February now.

Seems like (all things considered) prices will likely come down at least a little.
 
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Dual fuel. There’s a quote for the HUKD link from yesterday in this thread that gives you the steps.

You can also send an email asking them to swap your tariffs like I did this morning and it's also free to swap back.

I save about 12p combined for my standing charges and then for electricity I save 11p per kWh and on gas I save about 4p per kWh.
 
Yeah is a deffo surge in demand for tracker now, I wonder if Octopus will pull it again.

Even on the high capped tracker I would say its worth it as gas has been almost consistently below EPG throughout the autumn and winter months, Electric not performing quite as good but still below EPG more than above it (and only apparently peaking at 37p not super high).
 
Its a bit addictive to be honest
What am I generating, how much am I saving etc
indeed..... my wife and mother in law got quite bored of me constantly monitoring my use and maximising our energy generation combined with cheap electricity periods.

my father in law however went the other way and got a system..... so now there is no escape for my mother in law :D

it has truly opened my eyes to the energy cost of things as well as how small changes can make large differences to costs.
 
From March to September, I typically get about 150 miles a week of 'free' solar miles going into my EV :)
My solar divert priority is 1: battery, 2: Hot Water, 3: EV and 4: Export

If you are able to heat your water with a conventional gas boiler, you want to be switching around the Hot Water & EV prioritisation. Using gas is cheaper than charging an EV anywhere other than at home.
 
If you are able to heat your water with a conventional gas boiler, you want to be switching around the Hot Water & EV prioritisation. Using gas is cheaper than charging an EV anywhere other than at home.
My gas is 10p kWh and my off-peak electric is 7.5p. So cheaper to use electric :)
Also, with the Government giving out £67 a month onto the electric account, we are currently building up a larger credit balance which needs to be used up. So even if electric was slightly more expensive I would still use it.
 
I didn’t really consider that when we heat up the downstairs for the weekend, that it seems cheaper to run the air con heat pump unit for 30-40 mins to bring the room up to temperature (worked out at about 70p) than the underfloor heating that takes about 7-8 hours to achieve the same result. Then switch over to underfloor to maintain the heat.
 
Moved to Octopus a few days ago and got put on their tracker earlier today. Previous prices were 10p/35p and currently showing as 7p/23p with basically identical standing charges.

In my opinion tracker beats Agile for electric unless you load your usage off peak, Agile will show you the average cost for the day for information purposes, and tracker is consistently lower than the average on Agile.

As an example your tracker was 23p, my average on Agile was 27p.
 

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine.
Profits hit $39.9bn (£32.2bn) in 2022, double last year's total and the highest in its 115-year history.

"Inflation" - lol

Honestly we should all collectively just sit at home and say "nope", until something is done about these greedy vulture like ****.
 
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Indeed, the windfall tax should be taken as everything that is over previous year profit + inflation rate of 2022. So £19.32bn profit still and then £12.88bn back to those orignal countries. Bearing in mind that only 5% is UK based so it would be £644 million UK tax wise.
NHS would be happy to receive that money.
 

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine.
Profits hit $39.9bn (£32.2bn) in 2022, double last year's total and the highest in its 115-year history.

"Inflation" - lol

Honestly we should all collectively just sit at home and say "nope", until something is done about these greedy vulture like ****.

Something something... only make ridiculous profits not mega profits over COVID, have a right to make money, shareholders, reinvestment etc etc.

The oil and gas industry is quite literally a racket. Absolutely disgusting.

Fuel prices at the pumps should have dropped but haven't either. But why would they when no one forces them to. No one can stop heating their house or filling their car. They have you over a barrel.
 
Fuel prices at the pumps should have dropped but haven't either. But why would they when no one forces them to. No one can stop heating their house or filling their car. They have you over a barrel.
Not true but if it makes a good story.

 
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