I think one year deals werent worth it, I agree on 18+ month one's though, but I didnt see any. So it seems they werent that easy to find.
I think one year deals werent worth it, I agree on 18+ month one's though, but I didnt see any. So it seems they werent that easy to find.
There were a few at start of October. But any later than that they basically evaporated.
I agree. The 1 year ones are probably not much different to the cap. I mean that's obviously what the energy companies are aiming for.
Soldato
- Joined
- 19 Oct 2010
- Posts
- 2,512
Octopus are giving away free peak energy for customers who can reduce their usage.
I've signed up, but unfortunately I use next to nothing from the grid during the day so i'm not likely to save anything.
I've signed up, but unfortunately I use next to nothing from the grid during the day so i'm not likely to save anything.
Associate
^^^ same, it seems I use a lot less than you, this is a good thing 
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Soldato
- Joined
- 19 Oct 2010
- Posts
- 2,512
Congrats. I've had a few days over their calculation period where I've had an empty battery. The last 28 days my average unit price is 5.34p
I should be able to use 0 tomorrow during the period, and gain 0p credit
I should be able to use 0 tomorrow during the period, and gain 0p credit
Associate
We use very little really, think I average out @6.5p a unit, last months bill was £28 for electric with Octopus 5p/15p.
Next renewal I expect 7.5p/30p/ late September. (hope its not more)
Next renewal I expect 7.5p/30p/ late September. (hope its not more)
Soldato
- Joined
- 19 Oct 2010
- Posts
- 2,512
I'm at 5/24 till November. I could survive a 7.5p go window.
Associate
Smart meter opened the door to huge savings, I would have been paying 14p/28p with Scot/power without the smart meter.
edit to add.... the 14/28 price is from before the latest price increase, hate to think what it would be now!.
Shell energy electric rates are shooting up!! I think it’ll be cheaper to eat out all the time and live at Ibis
What are your rates going up to? These are shocking from Shell. We already pay about £130 a month in a 2 bed apartment with hardly and heating on.
current
Standing - 26.91p
Day - 25.05p
Night - 10.50p
from 1st april
Standing - 54.59p
Day - 33.57p
Night - 18.58p
What are your rates going up to? These are shocking from Shell. We already pay about £130 a month in a 2 bed apartment with hardly and heating on.
current
Standing - 26.91p
Day - 25.05p
Night - 10.50p
from 1st april
Standing - 54.59p
Day - 33.57p
Night - 18.58p
Soldato
It's the increase in the standing charge which is the most shocking for me. It's like the companies know that massive rises in the unit price will be bad for publicity so they tack it on to the Standing charge. It also insulates the power companies from people cutting back on their usage as well.
Soldato
I see it as basically a fixed measure to nullify any savings from a consumers perspective guaranteeing the generator et al losses and theft are covered.
Yeh, even if we dont use anything the price of being connected will double.
In theory, could you tell them to disconnect you fully so no standard charge or anything and get electric another way? Generator or something
Soldato
I mean 26p to 54p standing charge will cost £8.50pcm on average. I really wish an increase of under 9 quid a month was the really big issue here....
But for some companies like British Gas who have around 12 million customers that £8.50pm is suddenly £102 million pounds. A month. Before anyone even uses any gas.
Soldato
It's a shame they'll all be putting their prices up too as their utility bills will have more than doubled, commercial utilities aren't covered by the price cap either.
Soldato
I really don't understand the fuss about the standing charges, it's perfectly transparent and nothing is hidden, the rise in standing charge is less then a Kwh per day, it is what it is, we're all going to get reamed from this point onward.
If the standing charge stayed as it was then the price per kwh would rise further to compensate, I only get one standing charge a day, I get charged for 10+ kwh per day
I really don't understand the fuss about the standing charges, it's perfectly transparent and nothing is hidden, the rise in standing charge is less then a Kwh per day, it is what it is, we're all going to get reamed from this point onward.
If the standing charge stayed as it was then the price per kwh would rise further to compensate, I only get one standing charge a day, I get charged for 10+ kwh per day
I dont think its transparent at least not on ofgem side, they quoting silly average annual increases instead of the breakdown. Which gives people the impression its all usage based so if they used half the average then they have half the increase.
The £8.50 per month per unit daily usage really rams home how expensive electric has got now though. Thats horrible.