Energy Suppliers
- Thread starter craig_t
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Soldato
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no bailouts according to kwasi kwarteng in the house of commons just now
Soldato
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Maybe incentivizing people to install solar and batteries would be a better solution than bailing out failed businesses...
Sorry, I should have pointed out that this was before lockdown when I was driving an EV & commuting every day... derp
Current usage is obviously a bit lower (although what with mining almost 24/7 and yes to electric pool heater, probably not much!
)To be honest, I think that’s fine. Generally speaking, if a company isn’t viable or have any wider strategic/economic importance, they probably should be left to fail. That’s how capitalism is meant to work at the end of the day.
Makes perfect sense! I’ve done the electric sums for an EV and doubling my electric use is about where I came to.
If I were you I’d look at an EV/twin rate tariff if the ‘cheap’ time is viable for you (normally 4 hours in the middle of the night costing 1/3 to 1/4 of the ‘day’ rate)
If I were you I’d look at an EV/twin rate tariff if the ‘cheap’ time is viable for you (normally 4 hours in the middle of the night costing 1/3 to 1/4 of the ‘day’ rate)
We have a 5 bed semi.
Soldato
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agreed, f them
To be fair, some of them are failing because of government imposed price caps.
Yep, that's about our costs too. I would say £600 PA is well below the norm for a modern household. My wife does like the heating on though when it gets cold for some strange reason.
Yeah this has gotta be a must if you own an EV.
If that's roughly 3000 kWh spent a year on charging the car, at say a "current new" average of 20p/kWh would give a nice round cost of £600pa / £50/month. *
How many miles annual miles would you get from 3000 kWh? Just curious how it would compare to other fuels for similar usage patterns.
*I know this will be worst case scenario as most will go with tarifs like Octopus agile where charing those 3000 kWh could come down to around 5p/kWh which would only make it around £150 a year.
Makes much more sense
Yeah i did say it was well below the norm. Ours is sub 10 years old / triple glazed, so retains the heat very well.
Not just that : there are industry charges passed on to suppliers, split as a proportion of their market share. When suppliers go under, their proportion is shared out among the others.
With these being in arrears, and with a huge chunk of the industry in danger of going under, the remaining companies could be footing very large extra charges for supplies they didn't get any of the income for, at a time when they are already under historic levels of financial pressure.
Soldato
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Fixed pricing with inflation doesnt sound especially viable, they must create a system where there is more energy then we spike in demand to and thats not there for the moment hence we are using coal again. UK should be creating masses of energy from hydro power, put all that rain and wave power to good use. Also RR literally is a massive UK company making world class turbines, seems obvious to me so why do we want to import and end up vulnerable like this situation now.
Anyhow if a referral is allowed that'd be useful, I'll have to look at the whole range of them anyway but better to ask before I need it whoever I pick. Just send it via trust if thats ok and I'll pick randomly if I get more then one of that provider; I havent looked at it properly yet tbh.
Maybe we should get a poll for this current situ and which provider has proved best
Anyhow if a referral is allowed that'd be useful, I'll have to look at the whole range of them anyway but better to ask before I need it whoever I pick. Just send it via trust if thats ok and I'll pick randomly if I get more then one of that provider; I havent looked at it properly yet tbh.
Maybe we should get a poll for this current situ and which provider has proved best
We're on octopus go at the moment, actually got rid of the car a while ago, but stayed on the tariff as it was the cheapest even for normal use!
The issue will hit home with the supplier of last resort rules, suppliers are not keen on this under the current circumstances so will not be lining up to bid for customers like usual. If ofgem is going to appoint suppliers of last resort then the government may have to step in and support companies, everything will be fine while it is the little boys going to the wall but if one of the big players becomes financially stressed I would expect a bail out I'm not sure Boris's approval rating could survive the government propping up E.on or EDF though!
~3.6m/kWh is a reasonable figure, so just over 10k miles
Most ‘normal’ efficient cars can get between 3.5 and 4 miles per kWh after charging losses (some easily). Less if you drive a big SUV though. So 3000 kWh would get you 10k to 12k miles, 8-10k if you drive a big SUV.