Fuel price discussion thread (was ‘chaos’)

Even if anyone was considering an EV with electricity prices the CAP wont last long, in October the price cap of energy will go beyond the loan they are offering us.

Even if the price of petrol/diesel were to stay static (which is unlikely), driving an EV will almost certainly still be significantly cheaper than an equivalent ICE car. If (although at the moment it's looking more like "when" :() it gets to the point of cost parity (e.g. the 48p/kwh which squerble has mentioned above) then a lot of people are going to be ****** regardless of what they drive.

It’s not just low earners now though. Middle earners will be hit just as bad.

Yup. With all the increases we're seeing at the moment, even relatively comfortable families with 2 decent incomes are going to be going from the position of sticking a few hundred/month in savings to barely breaking even.

Anyway, to stay on topic, have just been to fill the car over lunch and no panic buying at my local Morrisons. It wasn't empty, but no busier than usual. Diesel at £1.559 which isn't too bad considering some of the prices which have been posted above!


There are going to be a lot of already angry and anxious people around who aren't going to take kindly to something like that. Call me pessimistic if you will but I wouldn't be at all surprised if something were to kick off majorly. I get why they're doing it since right now it will have more impact, but I can see it as very much taking a spark to a tinderbox :(
 
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To put it more starkly, using only home charging at 7.5p/kWh, then the Kona is 1.88p/mi while the Focus would have been 22.49p/mi, or just shy of 12 times more expensive.

Why are you quoting 7.5p per kwh? Majority of people are paying the price cap currently at 20p per kwh, which will rise to about 30 in April, then again in October.
 
Why are you quoting 7.5p per kwh? Majority of people are paying the price cap currently at 20p per kwh, which will rise to about 30 in April, then again in October.
Most people with an EV has octopus go and charge at 7.5p (or even 5p)
 
as adam said, if you put the petrol rise in the context of typical full ownership per mile ICE cost - 40p/mile ?
typical consumption ? 7 miles/Litre , that would be ~4p/mile increase, on top of the 40p/mile ownership cost, so similar to the 8% inflation.

so, I'm saving 24p if I cycle to the supermarket/gym - is the price of bicycles also inflating.
Public transport and the train is probably back in play, too, or, will those costs be increasing Sadiq?
 
Most people with an EV has octopus go and charge at 7.5p (or even 5p)

Ah ok. I would have thought these fixed deals are also about to end as well though?


as adam said, if you put the petrol rise in the context of typical full ownership per mile ICE cost - 40p/mile ?
typical consumption ? 7 miles/Litre , that would be ~4p/mile increase, on top of the 40p/mile ownership cost, so similar to the 8% inflation.

so, I'm saving 24p if I cycle to the supermarket/gym - is the price of bicycles also inflating.
Public transport and the train is probably back in play, too, or, will those costs be increasing Sadiq?

Largely depends on your distance/route when you look at car vs train cost, but for the majority of people, trains have always been much higher sadly. Public transport costs will go up as well anyway...always do...they don't need an excuse.
 
so, I'm saving 24p if I cycle to the supermarket/gym - is the price of bicycles also inflating.
Public transport and the train is probably back in play, too, or, will those costs be increasing Sadiq?

The price of bicycles is somewhat irrelevant as it's not an ongoing cost. Although the cost of "fuel" (food) is going up which will increase the running costs in a way...


Ah ok. I would have thought these fixed deals are also about to end as well though?

I would imagine there still will be an Octopus Go tariff with lower costs for X hours overnight charging. What it costs will remain to be seen (mine doesn't expire till June).

Largely depends on your distance/route when you look at car vs train cost, but for the majority of people, trains have always been much higher sadly. Public transport costs will go up as well anyway...always do...they don't need an excuse.

Yeah, for me to take the train to work involves a 2 mile walk/cycle, a train into the city centre, walk through a crowded station another train to the town I work in, and another 2 mile walk/cycle to the office. Takes 1.5 hours and costs £10 return (well, it did the one time I did it about 3 years ago, so probably about £15 now).

To drive takes 20-30 mins depending on traffic and cost me ~30p/day when I had the Zoe, or ~£3.50 in the Octavia with today's fuel prices. Sure there's other costs to be taken into account with vehicle ownership, but we need a car anyway, and the purchase cost & VED would be exactly the same even if I wasn't using it to commute, and the insurance would only be marginally cheaper.
 
Ah ok. I would have thought these fixed deals are also about to end as well though?
The 7.5p one is still available for a fix for EV owners. I'm on the 5p one for another 11 months or something, after they screwed up my renewal. We're a fully electric car household now. ;)
 
Train for me used to be 5.5K per year to commute into London. The equivalent car journey (realistically it would be motorcycle if you want to do it in realistic time) worked out at roughly half that per year just in petrol just to give an idea.
 
The 7.5p one is still available for a fix for EV owners. I'm on the 5p one for another 11 months or something, after they screwed up my renewal. We're a fully electric car household now. ;)

What you have to prove EV ownership? How does it work? Is the 7.5p during certain times and does it apply to the entire supply into the house or only the EV charge point? What's to stop any Tom,Dick,Harry taking it up right now without an EV?
 
What you have to prove EV ownership? How does it work? Is the 7.5p during certain times and does it apply to the entire supply into the house or only the EV charge point? What's to stop any Tom,Dick,Harry taking it up right now without an EV?
It isn't "EV Specific", it is just designed for heavy consumption at points in the night. Most EVs can charge between certain times. Think of it as economy 7 on steroids.
 
What you have to prove EV ownership? How does it work? Is the 7.5p during certain times and does it apply to the entire supply into the house or only the EV charge point? What's to stop any Tom,Dick,Harry taking it up right now without an EV?

Yes you have to prove EV ownership. 7.5p/kWh rate is available from 0030-0430, and yes it's just to the household, not specifically the EVSE.
 
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