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People here often recommend borrowing a thermal camera to pinpoint the heat loss. My house is the same, i had some internal wall insulation done cheap in areas, helps, but old leaky home is leaky sadly.
This is getting ridiculous (energy prices - Strictly NO referrals!)
- Thread starter DXP55
- Start date
People here often recommend borrowing a thermal camera to pinpoint the heat loss. My house is the same, i had some internal wall insulation done cheap in areas, helps, but old leaky home is leaky sadly.
Soldato
test the seals assuming they are double glazed, you can then if they are the problem replace seals and/or hinges
Soldato
Energy bills to fall by 7% as new Price Cap is announced – here's what you need to know
Energy regulator Ofgem has announced the new Energy Price Cap, with prices set to drop by 7% on average from July.
www.moneysavingexpert.com
Price cap drops July but goes back up October and January, just in time for autumn and winter.
Time to look for a fix.
Energy bills to fall by 7% as new Price Cap is announced – here's what you need to know
Energy regulator Ofgem has announced the new Energy Price Cap, with prices set to drop by 7% on average from July.
Price cap drops July but goes back up October and January, just in time for autumn and winter.
Time to look for a fix.
Lower Price cap with an extremely high standing charge
Still it does look like it will be far lower overall compared to my current rate
Loyal Octopus 12M Fixed July 2023 v1
Ending 28/07/2024
DAY RATE NIGHT RATE
36.17 p/kWh 15.31 p/kWh
STANDING CHARGE
45.66p/day
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I put my usages in, and got £164 a month dual fuel, fixed for 12 months with OVO.
The last year I've paid £188 a month, and when it came to spring, got a rebate over over £700.
Are prices going to go up that much over the next year realistically, that that fix presents good enough value?
The last year I've paid £188 a month, and when it came to spring, got a rebate over over £700.
Are prices going to go up that much over the next year realistically, that that fix presents good enough value?
Soldato
Look at the unit prices and SC rather than the quoted estimate of month amounts.
Honestly, it's an absolute **** take nowadays! All of the fixed deals I've been seeing recently are only working out marginally cheaper due to the over-inflated standing charges. It's so frustrating that they're allowed to get away with this.
Most people use a lot more in winter, prices will go up this winter so fixing now is viable. But look at unit rates and standing charges, monthly prices are meaningless.
Or look into Octopus tracker.
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Thanks. Usage costs are slightly higher, and standing charges are lower.
OVO:
Gas: 6.017 & SC: 13.85p
Elec: 22.901 & SC: 49.518p
My Octopus tracker:
Gas: 4.27 & SC: 26.16p
Elec: 15.97 & SC: 53.93
I'm on Octopus tracker now, and have been since last year, which is why I guess I've saved a lot of money.
Octopus Tracker prices have been cheaper than available fixed rates for a while but I’ve a price convergence over the past month or so. Soon enough there won’t be much difference between tracker and fixed unless there’s a shock (positive or negative) to the energy markets
I'm seeing likewise. Tracker is 21p/kWh today (south east).
Still big savings to be had on gas though.
As energy prices stabilise then you'd expect tracker to creep towards the standard price as the day to day rate will be a lot more consistent, it's really just due to the price cap rate finally catching up with the more recent stable prices. I expect that tracker and agile will become less worthwhile in the near future and most will be back to things like standard rate/eco 7/intelligent/cosy.
Agile's still cheaper for me but I'm going to monitor closely.
Agile's still cheaper for me but I'm going to monitor closely.
I'm fixing in July, when it drops 7%
Soldato
My fixed ends on 1st Aug so might look at refixing then
Just got a reply from Ofgem thanking me for my input on the standing charges consultation, the end of the email states they will continue to engage with stakeholders
Translation of the email - Blah, blah, blah. Blah, blah, blahdy blah. Blah
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Soldato
Gas tracker prices don't make sense to me at the moment. Its nearly summer, usage should be well down, yet its been lower on many days over the winter.