Energy Suppliers

I always plug in at Tesco, an hours free electric (good for about 30miles) in the time it takes to do the weekly shop and a bigger parking space away from trolley bashers as a bonus.

It takes about 60 seconds to sling the type 2 cable in and put it away and you get about £1.50 back in electric at my rates. All good as far as I am concerned. That said I wouldn’t use it if it cost more than my home electric.
 
Standing charges are only loosely connected to fixed costs. In reality you should treat them as essentially a minimum charge to have the service connected these days.

I work for National Grid and we cost the consumer about 3.3% of their bill to cover the cost of building and maintaining the Electricity Transmission network. The rest of the standing charge goes to other things.

OK but it's not like it costs more to provide me energy just because a kwh of electric costs more.

Standing charge shouldn't adjust like this without a good reason.
 
For the average user it doesn’t matter. The cap could mean higher kwh and lower standing charges but net effect is the same for the average house
 
Just seems like a good tool to hide some of the cost increases, split it into two things.

I don't think the cost to maintain supply has suddenly risen by 30-50% or whatever the jump is.
 
Wow at the announced changes to try and address the 50% hike, so the Tories are this bad.

They specifically targeted help away from the most vulnerable.

Council tax relief does nothing for the poorest because they either pay no or very little council tax.
 
Scrapping the VAT on fuel would have been a much better solution.

The fuel cost rise doesn't really affect politicians that much. If the fuel goes up 50%, they simply add on 50% more to their expenses claim and the public pays it for them.
 
have they fixed the across channel electricity links yet ?
R4 article yesterday said £68 of the new cap is for sorting out companies that went under.

Why is the electricity standing charge so nuts?
price cap tarif doesn't imply it is the best tarif for you, if you are a low user ie

The danger of a price cap is that it gives consumers a false sense of security that they are on the
cheapest tariff – when in fact they’re not. Indeed, if they are on the default tariff, a consumer is
most likely on the worst tariff. Therefore it is very important that the language and naming used
clearly conveys this. In our world, we would mandate the cap to be named the ‘this-is-not-the-
cheapest-tariff tariff’.
Although we assume that the Government will want the language to imply that consumers are being
protected, it is important that it does not suggest that they can rest on their laurels. The cap needs a
meaningful name which does not have positive connotations.
With this in mind, we suggest that the term ‘ceiling tariff’ is used. This would indicate to the
consumer that the tariff they are on could not be any higher, thereby implying that it is regulated.
Bills to consumers on the ceiling tariff should include an explanation of how it works i.e. “this is the
highest amount a provider is allowed to charge you within the regulations and you could get a
cheaper deal if you switched”.

I still think those V values are misleading if you look at the pricing rules , it
says, for example , if you used no energy max price is £90 , and £550 if you used 12K gas
Region, i Nil kWh m (12,000 kWh) North West £90.81 £552.92



Think you meant to use this price for electricity (28.34)which based on that usage (2900) is £821.

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Open the coal power stations, this is all self inflicted pain. Remember that when you either sat at home freezing or starving.

Can they do this quickly - surely if feasible it would be a good solution in the short term as a temporary buffer.

I don't know anything about power stations, but am i correct in that newer coal power stations are a lot cleaner than those of old in terms of emissions?
 
By the end of the April price cap and me finishing my fixed term, my gas has gone up. Allmost 4x the price. Its madness.

Thermostat down to 18.5c at the moment. Hard though when you have a two years old!
 
My heating is on 5am-7am and 5pm- 7pm
I have 4 kids drawing electric but not excessive my any stretch.

We have wood burner going throughout the day

£600/month (£7200/year) is massive, especially if you have an alternative mode of heating like a log burner. Typical use is in the region of £2000 a year on the new 50% higher cap. You must be in the top 1% of domestic energy users with that sort of usage.
 
Not sure going back to coal is the answer but it is crazy how high prices have gone and yet China has just covered a mountain in artificial snow.

Not only that but they plan on covering several mountains every year to create a skiing tourist industry. The energy and water used to do all that must be immense.

Maybe these mini nuclear reactors RR are working on will pay off but just feels a bit like a "we've been caught with our trousers down quick do something" measure.
 
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