Re: The energy crisis
 

Nope. https://ec.europa.eu/eurostat/statis...)&oldid=211655

Re: The energy crisis
 

Well, all the analysis I read is where the UK has one of the highest real terms Electricity costs in the world. Clearly they are all wrong and you are right. Respect ....

Re: The energy crisis
 

The figures I have given are correct. The graph I edited is close to correct to what we pay now. so thank you for the respect even though it was given with a slice of sarcasm. Check your bills then come back and eat some humble pie

Re: The energy crisis
 

So you think our Electricity prices are the same as the EU average? Interesting ...

https://moneyweek.com/personal-finan...prices-go-down

I shall be passing on the location of the Humble Pie store to these good folks at moneyweek.com

Re: The energy crisis
 

According to the graph that you originally posted. At that point in time all I had in front of me was the average price that you posted !! see what I mean about you always wanting a fight?

Plus very few people will be paying 39p Look at your bill tell me what you are paying please

---------- Post added at 21:13 ---------- Previous post was at 21:10 ----------

This graph has the EU average looking around 28p and the UK prices 32p for me anyway so not far off. The new cap prices will be around the same price as the graph you originally posted from July

Your graph clearly shows the EU average way over the 25 p line so not the 23p you are now posting to justify your BS

---------- Post added at 21:20 ---------- Previous post was at 21:13 ----------

Just for reference I do not think I stated the UK is paying the same as the EU average. i think all I actually did was modify the graph you posted to show realistic figures for the UK as in what we pay.

Re: The energy crisis
 

I am the same as most people are paying and that is 33.2p Kwh.

Re: The energy crisis
 

:tu:

Octopus give us a little bonus it is not much I pay 32.4p with is a tiny bit lower than the rest of the area plus they give us 5% off the standing charge which again isn't much.

Re: The energy crisis
 

I will be moving to Octopus later in the year to take advantage of there EV tariff.

Re: The energy crisis
 

Good move they seem to have their heads screwed on

Re: The energy crisis
 

I’m with Shell, and it’s 32.364p.

Re: The energy crisis
 

Areas have different rates. It confuses me why but some have lower unit higher standing some the other way round

Re: The energy crisis
 

Access to the local distribution network has different costs in different parts of the country, reflecting the different costs of running it. The Scottish Highlands LDN (owned by SSE) is particularly expensive, being very rural and exposed and serving relatively few customers. IIRC Merseyside and North Wales (MANWEB back in pre-privatisation days) is also relatively expensive because it has a double whammy of exposed rural lines in north Wales and an unusually complex urban system in Liverpool.

Re: The energy crisis
 

Makes sense :)

Re: The energy crisis
 

:D

Re: The energy crisis
 

This surprised me as I am paying around 33p per kWh so I decided to have a look at the source - https://www.energypriceindex.com/price-data and you know what, it might be right!

The prices quoted add on VAT and standing charge data so what the chart shows is average monthly use in kWh plus a months standing charge plus VAT divided by the average monthly use in kWh to reflect the total cost to the consumer which is probably a more accurate measure

Re: The energy crisis
 

No the price quoted is the price without the government cap which brings it down to your 33p and should include vat ( mine does) the standing charge is only around 50p a day so if you use 10KWH of electric a day that would add 5p to the KWH cost making it nowhere near the 60+p in the graph. You would have to use less than 2 KWH in a day for it to work out

---------- Post added at 09:50 ---------- Previous post was at 09:49 ----------

Have you looked at your bills yet ? please post the figures when you do :)

Re: The energy crisis
 

Yep, I see your point - the prices are worked out before any caps or refunds. I just looked at my past bill and it came out at just under 37p/kWh. The proper report shows this in table 4.

An interesting chart in that report is on page 8 where energy costs are compared with other household costs. Here, the UK sits 4th after Czechia, Italy and Cyprus. Oh to live in Norway with the lowest relative costs...

Re: The energy crisis
 

The above is theoretical. You should be joining the queue for Agile Octopus and Gas tracker.
Today: Leccy 18p/Kwh (average), Gas 4.8p/Kwh (postcode GU15)

Wholesale gas price today, 2.9p perKwh ...too much gas and no capacity for storage (somebody said in another forum)

Re: The energy crisis
 

You link confirms what I have been saying i.e. the UK has one of the highest Electricity prices even when adjusted for rebates, see Figure 9: "All-in electricity end-user price including VAT (PPS) for EUR-15, variable contracts only" which shows the UK on 40.37 (c€/kWh) and the EU-15 average on 28.49 (c€/kWh)

Re: The energy crisis
 

It also confirms what I have been saying and that is your first graph was totally inaccurate

Re: The energy crisis
 

Re: The energy crisis
 

Casual racism, Being scouse is a protected characteristic.

Re: The energy crisis
 

Scouse is a race now :rofl:

Re: The energy crisis
 

Nah, it’s because of their sexual orientation… ;)

Re: The energy crisis
 

You leave Harry Enfield out of this!

Re: The energy crisis
 

Vertical ?

Re: The energy crisis
 

The crisis is over. Gas today is 3.8p and leccy 17p per kwh. We had few nights that the gas was free, yes, 0p (12-4:30am). Apart from heating what can you use gas for during the night?

There is no wind, no free leccy.

(how do I post pictures here?)

Re: The energy crisis
 

No it's not

Re: The energy crisis
 

https://www.reuters.com/business/ene...ht-2023-05-19/

Martin Lewis (MSE) reminds us that.......

Re: The energy crisis
 

I had to pay for electric for the first time today since september last year

Re: The energy crisis
 

British Gas have informed me my DD is going to be reduced by £50 a month.

Re: The energy crisis
 

My supplier doesn't get, please cancel my account. Lucky Wales and the West utilities sort of did. Had connections removed after saying the house was going to be demolished!! Even they didn't get I don't need it :shocked: suppler is chasing me to put a prepayment meter in as I have stopped direct debit. Hundreds in credit they just don't get it.:dozey: waiting to see if they try:cool:

Re: The energy crisis
 

Your house is being demolished ?

Re: The energy crisis
 

Tell me how to post a picture and I will post my bill

---------- Post added at 19:22 ---------- Previous post was at 19:21 ----------

Please explain. No standing charge? You where in credit?

Re: The energy crisis
 

on the post box click go advanced then manage attachments upload your image and post. You can then use the image URL and post that using the url and image options on the top bar to make it larger than the attachment thumnail

Re: The energy crisis
 

FT says

https://www.ft.com/content/ba8f7a30-...1-40de771e77fb
Gas was free during the night few days ago. Octopus said the price of gas cannot go negative, but electricity can go negative (several times octopus paid us to use electricity)

The wholesale price is 2.19p today and the consumers pay 11p. Octopus tracker is 3.8p, most consumers pay 300% more.

Re: The energy crisis
 

It's still a friggin rip-off, it was the same when petrol went through the roof, it has dropped quite a bit since then but is still much higher than before the huge rise last year, it won't drop in price anytime soon and we'll be told that we're getting a really good deal, talk about lining your pockets, those companies should be wearing masks!

Re: The energy crisis
 

Absolutely correct. Octopus makes about 100% profit on electricity but not so much on gas (see formulas below). Mind you they purchased leccy & gas in the "futures market".

But for the Agile/tracker people, Octopus buys it daily at around 3:30pm

Re: The energy crisis
 

Its because of the tariff you on and how that tariff gets paid for by your supplier.

Right now there is effectively two types of tariff's.

SVR (also fixed deals), these are hedged and are brought on a year ahead market, this still has inflated pricing.

Then there is the tracker type tariffs, this cost is based on the daily market which for many months now has been considerably cheaper.

But thats just concerning unit prices.

SC has gone up considerably and sadly looks like its going to stay up without government intervention, Ofgem keeps granting concessions to the suppliers to increase SC.

Re: The energy crisis
 

Nothing exciting sadly, the £67 per month vouchers and a pre pay meter, had about £9 left on it so topped it up

Re: The energy crisis
 

Hopefully, we can work towards co-operation with neighbouring countries to cut £1bn + off our bills
https://www.ft.com/content/b0084b3d-...8-f753a6dab1c7

Re: The energy crisis
 

Prices would be dropped by more than that (possibly) if they broke the tie between electric pricing and gas as a lot of our energy is renewable

Re: The energy crisis
 

He's on a prepayment meter like me. Standing charge is deducted weekly from the credit on the meter (in my case every Wednesday. I still have £60 credit left on mine.

Re: The energy crisis
 

After July I have estimated SC will make up about 40% of my combined bill. O_o

Right now I am on the old Agile tariff which has 21p day SC, in July I will be on the newer version with 44p SC, I already pay the higher level of SC on gas.

Wholesale prices continue a downward trend so this will start to make people notice the high SC more.

My most recent gas bill SC was just under half of it.

Re: The energy crisis
 

No , but trying to get disconnected is hopeless . Nobody understands I don't want mains gas or electric :rolleyes:

Re: The energy crisis
 

Why not? Are you 100% solar with batteries or something? Or have tapped into a vein of natural gas?

Re: The energy crisis
 

In short yes. No gas anymore :shocked:

Re: The energy crisis
 

Well done :)

Re: The energy crisis
 

FYI, you can sign up to Octopus Agile again. I have just switched to see how things get on while we have a degree of protection from the Energy Price Guarantee (until end of June). Should be interesting to see how the costs vary.

I see others on a Octopus Tracker tariff for Gas - how does this work?

Re: The energy crisis
 

Surely it would be good to keep the electricity connection as you would be paid for putting Into the grid any power generated surplus to your requirements.

Re: The energy crisis
 

Government rules out any more help on energy bills.

https://www.bbc.co.uk/news/business-65662895

Re: The energy crisis
 

Tracker and Agile both use the same source pricing (dailies), but tracker is averaged out cost over day so you get one rate for all day, Agile is 30 min rates so it shifts twice an hour.

Agile also can go negative (you get paid to use) whilst Tracker cant.

Agile is electric only, whilst tracker is gas and/or electric combo.

---------- Post added at 17:20 ---------- Previous post was at 17:13 ----------

Was expecting it, all the signs were there its being wound down, the nerfing of EPG, the big sign is the latest COL payments announced actually also do include a payment in 2024 despite the likes of the BBC advertising them as all this year in headlines, that alone suggested they were to be the last one's.

Originally the help came as Labour were absolutely persistent with harassing in parliament during PMQs and the press were (unusually) pestering cabinet members about the poor needing help (very rare in UK politics), Boris even during a over seas diplomatic interview next to finish PM got embarrassed when a reported asked him why he was spending billions on Ukraine whilst at home people couldnt pay their bills. It eventually forced action.

However Labour since Boris resigned have shifted significantly, all pressure from them has stopped, the media have also gone back to just a few left wing papers talking about it, so all pressure is off the government again, there is Martin Lewis who does get TV time, but I expect they will fend him off.

Part of the problem is that the wider population didnt really think it was an issue until last winter, whilst the poorest were likely struggling from the very first part of the crisis and especially after the rise in April 2022. This has led to a mindset where the prices from July onwards are now ok providing the mainstream population are happy enough of which they seem to be.

This mindset is also apparent on the SC, where many people dont seem fussed about the way it has shot up.

Dailies are heading towards pre crisis region of pricing, but its predicted SVR will be end of decade at earliest. Hedging energy is going to continue to have a premium attached to it.

Re: The energy crisis
 

But I don't :shocked: it's great leaving any thing I want , use the tumble dryer for everything, when I did the standing charge cuts it down. Haven't used anything from the grid for two years, gave my refunds from government to a guy I know in form of prepayment top ups :erm: but really is it to much to why I got it at all????

Re: The energy crisis
 

50 000 more Octopus customers are being allowed on the tracker from 1st July. If you are with them with Smart meters get on the waitlist now if you can

Re: The energy crisis
 

Hi Jay, my Octopus 2 year fix ends in September and I have been wondering what to do then. What's your opinion regarding the Tracker versus Agile Octopus.

Re: The energy crisis
 

The Tracker is for Gas and Electric Agile just for electric. Tracker is daily figures so the price is decided the day before Agile updates every 30 minutes.

If you are prepared to monitor the prices and shift things like washing drying and so on off peak Agile I believe is better because you are rewarded for shifting high consumption off peak.

All depends on your consumption. If you use a lot of Gas maybe tracker would be better. It all depends on use. I am not sure but one would assume Gas prices in winter will be higher than in summer. You could get get stitched up with Gas on Tracker in the winter.

I guess I was as much help as a chocolate teapot hahah

Re: The energy crisis
 

No, you have helped. :)

You have basically just summed up my own thoughts. I only use gas for hot water and our central heating. So in a way Agile would make more sense but, havind said that, I think that having to fit the way I want to do something around half hourly price swings would drive me crackers.

I think I will just see what's on offer when my fix ends and hope that by then there is a plan that I can live with. Either that or I could always go over to candles and calor gas.:D

Re: The energy crisis
 

Me too.

Tracker Gas is currently 3.5p and EPG is 11p. Heating uses a lot of gas. Stock market Future prices for winter are only slightly higher. So, it should be ok.

Electricity: do not do washing/drying/dishwashing 7-10am, 4-8pm. Any other time is 50% cheaper than EPG

Re: The energy crisis
 

Today, gas prices fell below 2p/kwh

Re: The energy crisis
 

The morning is when we put on our devices as it's when our solar panels are working at their best. What we draw from the grid will depend on how sunny it is. The shower is our biggest electricity user, again mostly used in the mornings.


We will be using gas for some time. My pacemaker excludes induction hobs and gas is better anyway. Hard to toast a pepper over an induction hob and our gas hob works in power cuts so we can cook and heat some water.

Re: The energy crisis
 

Have any of my fellow Octopi had an email from them today about reducing gas prices? My projected annual spend on gas is falling from £1,200 to £900, about which I am rather happy.

Re: The energy crisis
 

Not with Octopus but e.on sent me something similar about their new prices from 1st July.

Re: The energy crisis
 

Like wise, Shell has advised of Price reductions.

Re: The energy crisis
 

Thanks for the "heads up".

After seeing your post, I logged on to our Shell account, and this was the first thing I saw/

https://www.cableforum.uk/board/atta...9&d=1687437885

Re: The energy crisis
 

:tu:

Re: The energy crisis
 

I have actually put mine up £20 cuz now I have my PIP I am going to use my fans and heating this year.

Re: The energy crisis
 

No emails from Octopus about price changes here apart from my projected energy costs looking lower for the next 12 months in my monthly statement, I reduced my DD to £110 a month from £134 as I'm over £300 in credit and I think my smart thermostat saves me money as the heating is off more when I'm not at home with me switching it on an hour before I leave work if needed.

Re: The energy crisis
 

I got an email a couple of days ago saying my prices were falling by around 17% from 1st July, mind you i'm in arrears so mightn't see any great drop.

Re: The energy crisis
 

I just moved to EDF this month, they put my DD down by £100.

Re: The energy crisis
 

Got the email today.

Re: The energy crisis
 

I logged into my online account with eon to find they’re offering a 12 month fix starting from tomorrow.

Re: The energy crisis
 

Not 100% sure yet but I think my flexible Octopus tariff will be this from July.

Daily standing charge
42.01p
Unit rate
30.72p per kWh

Gas
Daily standing charge
27.47p
Unit rate
7.40p per kWh

Re: The energy crisis
 

EDF trying to fob me off onto a smart meter today.

I dont need one as I'm on a single tarriff [dual readings], in other words, I give them both readings but they just add them together for the single rate. When RTS shuts down, all that will happen is the "night" meter will no longer clock up anything, as there will be no signal to switch to it, everything will get logged on the day meter.

Re: The energy crisis
 

My supplier EOn called about a smart meter, I said that Im still looking into them as Ive heard a lot of bad things about them and don't want one yet

Re: The energy crisis
 

I sent in my meter readings earlier today. New rates from tomorrow. Lower unit prices but higher daily Standing Charge?

Re: The energy crisis
 

Great, punish the low energy users, the grippy fecks get you one way or another, the wholesale price is going down, not to worry we'll get them another way

Re: The energy crisis
 

Our fixed duel fuel contract with Octopus ends at the beginning of September and I'm hoping prices may fall a tad lower before winter hits.

Not looking forward to the price hike we will face when our 2 year fix ends.

Re: The energy crisis
 

Scottish Power website experiencing technical issues, but they're working hard to fix them as quickly as possible. Apparently they'll be back shortly.

Re: The energy crisis
 

From 10:30am today the electricity price is negative ( Octopus pays us to use it) or free until 4pm

Octopus agile +Gas tracker (4.5p for gas)

Re: The energy crisis
 

Something tells me I need to get a smart meter and get on agile or tracker, are there any negatives to this, are your charges sometimes for than the flexible rate?

Re: The energy crisis
 

I am offered a 12 month fixed with Octopus which is slightly more than I pay on my Flexible Tariff, so I'm sticking on that for now especially as it includes a £150 exit fee.

How does my current Tariff compare to your fixed, I know mine will cost far more?

Flexible Tariff
Electricity
Daily standing charge
42.01p
Unit rate
30.72p per kWh
Gas
Daily standing charge
27.47p
Unit rate
7.40p per kWh

12 month Fixed Tariff offered.
Electricity
Daily standing charge
42.01p
Unit rate
31.37p per kWh
Gas
Daily standing charge
27.47p
Unit rate
7.56 per kWh

Re: The energy crisis
 

My Rates are slightly different with Octopus

29.48p/kWh 48.66p/day leccy
7.38p/kWh 27.47p/day Gas

Offer
30.13p/kWh 48.66p/day leccy
7.54p/kWh 27.47p/day Gas

Sticking with Flexible as the Early Exit fees are way to high even to just move to a different Octopus Tariff later

Re: The energy crisis
 

My fix from eON is about 5% less than their new variable rate. I took them up on it, since nobody expects energy prices to go anywhere fast and it gives me certainty.

Re: The energy crisis
 

Why is your standing charge so much more?

Re: The energy crisis
 

Different area innit

With my usage the lower unit rate covers the difference plus a few bits of a penny haha

in fact 7 units = over 9p difference between you and me haha so easy cover the day rate difference

Re: The energy crisis
 

This ismy current fix with Octopus.

Re: The energy crisis
 

blooming heck you did so well. Saved a fortune

Re: The energy crisis
 

You got your timing perfect.

Re: The energy crisis
 

Leccy tomorrow 8am-6pm , negative all the time up to -15p, All I can do is switch all lights on.....

Hovering, washing, mowing, emersion heater, washing, drying all done today.....with a miserable -2p leccy.

Agile Octopus.

My kids just told me :Southampton -19p/Kwh Bournemouth -24p/Kwh

Re: The energy crisis
 

I mean that's the whole point of the tariff. They wouldn't be paying you if they actually thought you could go crazy with it.

Re: The energy crisis
 

Indeed, that's the case....

Re: The energy crisis
 

You're single handedly making me consider getting a smart meter installed.

Re: The energy crisis
 

The real question isn't what they pay you in summer, when the sun is out and the wind is blowing. It's what they charge you in deepest darkest winter when the boiler is on 12 hours a day.

Re: The energy crisis
 

The formula is public, Octopus charges market prices (attached).

Last winter, January onwards, there were over 50 LPG boats parked around Britain, (UK has no serious gas storage facilties) and as a result the gas prices were 5p on the Octopus Gas tracker.. (This was reported on some Octopus forums)

Re: The energy crisis
 

And making me more peeved about not having working ones.

I have mentioned before how we have had them for years but they never worked because they couldn't get a mobile signal. Anyway, EDF recently contacted us to say they wanted to replace them with the next generation meters to solve the problem. Yay.

Anyway, on Tuesday man comes out to do it. Took a look at our appliances, including 23-year old boiler, and warned we might not be able to relight it if he swaps the meter. He also said the new meter wasn't compatible with gas fires over 7kW (though I don't think ours is). Then we mentioned the mobile signal problem. He replied "in that case, these ones won't work either". And with that, he was gone.

Re: The energy crisis
 

I'll be seriously considering Agile when my fix is coming to an end.

One of the selling points for Octopus was that you are never tied into a fixed contract which hopefully includes the Agile tracker?

I'm also assuming Agile doesn't include a gas element so I will just have to sort out what is the best deal for my gas useage.

Re: The energy crisis
 

That'll teach you to be part of the landed gentry living in the middle of nowhere!!

Re: The energy crisis
 

No email from Octopus!

Saturday, electricity is free , negative (-5p 10-12am) or a couple of pence between 9am and 4 pm.

Check your account (postcode dependant)

Re: The energy crisis
 

All sounds rather complicated. I just read my meter occasionally and they send a bill.

Re: The energy crisis
 

Indeed it sounds complicated, we plan but not to the last penny.

For example electricity is free or negative tonight 12 until 4pm tomorrow. We will try to do it when is -10p, but we are lazy.... Free is good enough.

My leccy bills are down 70%

Some of our machines use wifi switches (13 quid from amazon), they just run at the cheapest times automatically following octopus data.