Smart Meters and Tariffs

[downquark1]

Unless you have special requirements I really don't see the home display as that useful.

In other news. The energy cap is going up again in January. This doesn't directly affect tracker and agile but it probably means the prices will trend upwards.

[nashville]

Originally Posted by Hugh

Love the picture

[Taf]

Energy regulator Ofgem is urging billpayers to shop around as it announced another price rise in January - the second of the winter.

Someone paying by direct debit and using a typical amount of gas and electricity will pay £1,738, or £21 a year more, with bills now over 50% higher than pre-Covid levels.

---------- Post added at 14:16 ---------- Previous post was at 14:14 ----------

2 calls yesterday, and 2 more already today from very thick-accented Indians.

"I am calling from Scottish Power to arrange the change of your meter to a smart one".

"No thankyou".

Hang up.

Changed to a 12-month fixed price deal with Octopus early October, with no penalty for cancelling early.

[SnoopZ]

Originally Posted by Hugh

Changed to a 12-month fixed price deal with Octopus early October, with no penalty for cancelling early.

Surely that is more expensive if you have an electric car?

We don’t

Originally Posted by Hugh

Changed to a 12-month fixed price deal with Octopus early October, with no penalty for cancelling early.

I switched to the fixed 12M for Gas last week as Tracker edged ever upwards, at 5.68p the fixed is pretty good value.
I cant see the current price going lower than that much for a while (if at all) and neither can OFCOM it appears - hence SVT (i.e. Price Cap) will go up again in Jan 2025.

Still happy with Agile for Electric. Its not been a great month so far for savings, I have overpaid slightly some days, underpaid other days, over the whole month I'm 8p worse off as of yesterday - the next few days will correct that as all the wind power is driving prices down (into negative again late tomorrow). That'll boost my savings over the month.

[SnoopZ]

2hrs free Electricity tomorrow between 7&9am with Octopus...... I'll try and switch on my emersion heater to heat the hot water and put some washing on but that means setting the alarm on a Sunday!

Octopus are negative rates for the majority of the time between 10.30pm tonight and 9.30am tomorrow (i.e. paying me to use electricity). Monday may be similar from the look of Sunday evening, when they go negative again at 10.30pm.

[SnoopZ]

My Tracker is only 14.84p tomorrow too.

[Itshim]

Wonder why EDF put up electric because gas price rises thought there's was all renewable. Not that the rise bothers me at all

Gas sets the price of electricity, because the electricity price in every half hour period is set by the marginal cost of the last generating unit to be turned off to meet demand – which is invariably a gas power plant with high marginal costs.

To provide an analogy, think of a penalty shootout in a sporting competition. A team will select a list of individuals in order of preference, with the best individuals selected first (i.e., renewables). But it’s the individual who steps up last who has the final say, deciding the fate of the result.

https://www.goodenergy.co.uk/blog/wh...ricity-prices/

[SnoopZ]

Got the emersion heater and washing machine on so using 3000w, and done the sensible thing and got back in bed.

[Mr K]

Originally Posted by SnoopZ

Got the emersion heater and washing machine on so using 3000w, and done the sensible thing and got back in bed.

All this obsessing over meters doesn't sound the most interesting of hobbies. Get a weather station instead, they are much more fascinating to read

[downquark1]

Originally Posted by Mr K

All this obsessing over meters doesn't sound the most interesting of hobbies. Get a weather station instead, they are much more fascinating to read

It's the same thing at this point. "Oh free electricity tomorrow? there must be a storm coming"