Cable Forum - UK Energy Prices

Regarding Agile, I switched a month or so ago and this app (on iOS) claims to show the savings made relative to a chosen (other) tariff for your region:

Octopus Compare

It claims that for the last month we spent £77.88 on Agile November 2022 v1 vs. £145.79 if we remained on the Standard Tariff April 2023 v1

Chrysalis

19-07-2023 15:38

Re: The energy crisis

Quote:

Originally Posted by Sephiroth (Post 36156308)

What is this country coming to? Smart meters put you at the mercy of the profit making utility providers. Conservatives shouldn’t have stooped so low. (Same with water).

Meanwhile I carry on paying on average 30% of the amount SVR (legacy) tariff users pay for the same usage. Using my smart meter with a smart tariff issued by a profit making utility provider.

ianch99

19-07-2023 18:07

Re: The energy crisis

This has probably been posted but for Octopus Agile folks, this site is useful:

https://energy-stats.uk/octopus-agile-southern-england/

jfman

27-07-2023 08:45

Re: The energy crisis

Crisis, what crisis?

All good as the energy companies announce billions in profits and share buy backs.

jfman

27-07-2023 11:55

Re: The energy crisis

Quote:

French state-owned EDF reported this morning that its UK business made profits of almost €2.3bn (£2bn) for the first half of the year, up from €860m in the same months last year. That included the earnings from EDF’s nuclear power plants in the UK.

It said this increase was driven mainly by the regulated price cap, with EDF telling shareholders:

The rise in EBITDA is essentially explained by a recovery of margins in the supply business, driven mainly by allowances in the UK domestic default tariff cap allowing suppliers to recover costs incurred through the market turbulence of previous years.

11.21 BST here https://www.theguardian.com/business...-business-live

Two billion quid leaving these shores for the sunnier climbs of France.

Sephiroth

27-07-2023 12:06

Re: The energy crisis

This is a crisis in its own right. I'd like to see a balance sheet that sets off past losses (as in Covid) against the recovery profits. If there is a net surplus for these companies, then there's something more than very wrong, particularly in respect of regulation.

SnoopZ

27-07-2023 13:11

Re: The energy crisis

How do people's monthly bills compare lately?

For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff.

Mad Max

27-07-2023 20:48

Re: The energy crisis

Quote:

Originally Posted by SnoopZ (Post 36157338)

Do you constantly shiver in winter? ;)

SnoopZ

27-07-2023 22:49

Re: The energy crisis

Quote:

Originally Posted by Mad Max (Post 36157381)

Do you constantly shiver in winter? ;)

Only when I get up at 5am on an Early Shift but obviously the heating isn't on at this time of year. ;)

Hugh	27-07-2023 23:05

Re: The energy crisis

Quote:

Originally Posted by SnoopZ (Post 36157338)

Just received ours - electricity £106, gas £41, 30 days with a condenser boiler, 4 bed detached house.

denphone

28-07-2023 06:04

Re: The energy crisis

Our electric currently is around £95 a month while our Gas comes in at around £25 a month.

Paul	27-08-2023 04:03

Re: The energy crisis

The Price Cap will drop again on October 1st, from £2074 to £1923.

SnoopZ

27-08-2023 09:47

Re: The energy crisis

Question for anyone on Octopuses normal Flexible Tariff.

Octopus are offering me a fixed tariff called 'Loyal Octopus 12M Fixed' and say I could save £33.36 a year on Electricity and £30.75 on Gas if I switched with their monthly estimate at £102.11 compared to £107.45 on my current Tariff. My latest monthly usages bill is £56.33 for Electricity and £25 for Gas, I pay £100 a month via DD and now £360.60 in credit.

I've never had a fixed tariff before so I really don't know if I should switch or not....

Jaymoss

27-08-2023 09:52

Re: The energy crisis

Quote:

Originally Posted by SnoopZ (Post 36159301)

Question for anyone on Octopuses normal Flexible Tariff.

Octopus are offering me a fixed tariff called 'Loyal Octopus 12M Fixed' and say I could save £33.36 a year on Electricity and £30.75 on Gas if I switched with their month estimate at £102.11 compared to £107.45 on my current Tariff. My latest monthly usages bill is £56.33 for Electricity and £25 for Gas, I pay £100 a month via DD and now £360.60 in credit.

I've never had a fixed tariff before so I really don't know if I should switch or not....

I am not sure. If Octopus was not charging £75 per fuel if you want to switch mid contract I would be on the fix already but the £150 charges puts me off

It is dropping in October then rising in Jan but then it is all clouded. If it drops a decent amount in April and July you could find you losing out

SnoopZ

27-08-2023 09:54

Re: The energy crisis

Quote:

Originally Posted by Jaymoss (Post 36159302)

Yes thats my train of thought too we just don't know.

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