Energy Prices (Strictly NO referrals!)

[Beans on toast Dave]

D

Its gas bought from a long time ago isn't it? When it was more expensive to buy.

you just know when its time for the price to go down when that gas was bought, it just wont

 

[cu3ed]

D

Its gas bought from a long time ago isn't it? When it was more expensive to buy.

Maybe, but then we should all be in for massive drops in prices as its well below pre pandemic prices right now.

 

[Neil79]

 

[Bluecube]

What’s the point in these things if people aren’t notified? If I hadn’t seen the screenshot above I wouldn’t know about it.

 

[Mercenary Keyboard Warrior]

What’s the point in these things if people aren’t notified? If I hadn’t seen the screenshot above I wouldn’t know about it.

Best bet we have a whole thread about it in home and garden where we all try to keep it updated, so ideally start posting in there! (Can easily follow that thread as well)

 

[Bluecube]

My point is that if the energy companies are so desperate for us to save electricity then would it not be better that they told everyone rather than having a “Surprise Session”

 

[200sols]

What’s the point in these things if people aren’t notified? If I hadn’t seen the screenshot above I wouldn’t know about it.

Seems to be an Octopus issue, the axle energy (givback) emails went out earlier fine it seems.

 

[casper_uk]

That is another one missed, balls! I didn't even get a WhatsApp symbol on my phone to warn me.

 

[Neil79]

What’s the point in these things if people aren’t notified? If I hadn’t seen the screenshot above I wouldn’t know about it.

You're welcome

 

[delta0]

I missed the surprise session by 15 mins. They need to give more notice on these things.

 

[--Mike--]

Oddly I missed the notification on 5th December but I got the email yesterday saying how much I saved. I didn’t even opt in!

Got todays WhatsApp notification.

 

[jpaul]

The short DFS notice (even in-day) was a new ofgen authorized strategy this year - weather isn't so predictable so paying customers more for their short term response saves more money,
versus more expensive backup generation.
probably reduces gaming too.

 

[Mercenary Keyboard Warrior]

If the link we have in the other thread is correct today was another test

 

[Beans on toast Dave]

how do they work out the current price?
i know they agree a price several months in advance but the wholesale prices are now much cheaper than they were
they really should be coming down now? i am i mistaken?

 

[Richie]

Rocket and feather pricing?

 

[200sols]

how do they work out the current price?
i know they agree a price several months in advance but the wholesale prices are now much cheaper than they were
they really should be coming down now? i am i mistaken?

Increased wholesale energy costs lead to rise in price cap

Ofgem CEO calls for suppliers to redouble their efforts to support vulnerable and struggling customers through the winter.

www.ofgem.gov.uk

Wholesale prices are much cheaper than they were at the peak yes, but still high. Remember the energy bill support really shielded households from the true cost of energy at the peak of the crisis.

 

[Beans on toast Dave]

Increased wholesale energy costs lead to rise in price cap

Ofgem CEO calls for suppliers to redouble their efforts to support vulnerable and struggling customers through the winter.

www.ofgem.gov.uk

Wholesale prices are much cheaper than they were at the peak yes, but still high. Remember the energy bill support really shielded households from the true cost of energy at the peak of the crisis.

so it will never come down then

 

[200sols]

so it will never come down then

Will depend on the price of gas wont it, and also if they somehow decouple electricity prices from gas prices but that will probably come with time of use tariffs and mandatory smart metering. (tin foil time for some )

 

[Tombstone]

Just had our email to say that our gas and electric is going up (6%) because of "tensions in the middle east"

 

[Removed User 345456]

Just had our email to say that our gas and electric is going up (6%) because of "tensions in the middle east"

Did they atleast put Merry Christmas?