UK Energy Prices

[Jaymoss]

Originally Posted by SnoopZ

What will your new rates and standing charges be as I'd like to compare to Bulb seeing it's now owned by Octopus?

Their website currently says 403 Forbidden for me.

Bulb Rates for DD payments from January 2023

Electricity Unit rate 35.134p per kWh
Standing charge 38.9361p per day (£142.12 per year)

Gas Unit rate 10.3089p per kWh
Standing charge 28.4844p per day (£103.97 per year)

my unit rates are already lower than yours but standing charges higher. Different areas have different rates. We have not had Jan rates yet from what I can see

Originally Posted by Hugh

For comparison with Shell Energy (DD) tariff rates

Electricity
Unit rate per kWh:33.029p
Standing charge:49.54p per day

Gas
Unit rate per kWh:10.244p
Standing charge:28.48p per day

Update

We use about 15kWh electricity per day, so whilst we pay 11p more per day standing charge, we save (by comparison) around 30p per day - swings/roundabouts…

As Scottish Power is utterly useless they still haven’t started billing us at the new build we moved into at the end of June. So I’m still taking photos of the meters at the end of every month and keeping running totals of our consumption. The big unknown is what it’s actually costing us; we have moved from a super-draughty old house to a super-efficient new one (insulation, LEDs, new appliances) so my gut feeling is that the improved energy performance of the house is going to offset the energy price rises.

Although we’re not with Shell I used your tariff details to get a ball-park figure for our running costs since the beginning of September. I’m aware this means I’ve counted one month at what should be lower rates but I’d rather over estimate than under.

Based on your data we’ve used £366 in gas (£400 including standing charge) and £395 electricity (£455 with standing charge) since the start of September. I’d be curious to see other posters actual billed amounts for the last 4 months for comparison, if anyone’s happy to share.

[Jaymoss]

Electric £280 + £54 SC Gas £42 +£33 SC I have only used my heating twice to dry clothes

Originally Posted by Chris

As Scottish Power is utterly useless they still haven’t started billing us at the new build we moved into at the end of June. So I’m still taking photos of the meters at the end of every month and keeping running totals of our consumption. The big unknown is what it’s actually costing us; we have moved from a super-draughty old house to a super-efficient new one (insulation, LEDs, new appliances) so my gut feeling is that the improved energy performance of the house is going to offset the energy price rises.

Although we’re not with Shell I used your tariff details to get a ball-park figure for our running costs since the beginning of September. I’m aware this means I’ve counted one month at what should be lower rates but I’d rather over estimate than under.

Based on your data we’ve used £366 in gas (£400 including standing charge) and £395 electricity (£455 with standing charge) since the start of September. I’d be curious to see other posters actual billed amounts for the last 4 months for comparison, if anyone’s happy to share.

4 bed detached, gas central heating, 3 adults.

We've used less gas each month except December, when we had the really cold snap and our 3 year old grandson was with us quite a bit - on average we've used between 10-15% less electricity, and 15-30% less gas as the same time last year (except for December, where we used around 15% more gas).

September £134.98 (last year £89.99)
Elec £99.31
Gas £35.67

October £189.90 (last year £106.65)
Elec £137.34
Gas £52.56

November £268.55 (last year 130.16)
Elec £159.37
Gas £109.18

December £373.36 (last year £148.94)
Elec £145.98
Gas £227.38

So, since the beginning of September, we've spent around £425 on gas and £542 on electricity (including standing charges).

Hope this helps...

Originally Posted by Hugh

4 bed detached, gas central heating, 3 adults.

We've used less gas each month except December, when we had the really cold snap and our 3 year old grandson was with us quite a bit - on average we've used between 10-15% less electricity, and 15-30% less gas as the same time last year (except for December, where we used around 15% more gas).

September £134.98 (last year £89.99)
Elec £99.31
Gas £35.67

October £189.90 (last year £106.65)
Elec £137.34
Gas £52.56

November £268.55 (last year 130.16)
Elec £159.37
Gas £109.18

December £373.36 (last year £148.94)
Elec £145.98
Gas £227.38

So, since the beginning of September, we've spent around £425 on gas and £542 on electricity (including standing charges).

Hope this helps...

I’ve not been enough of a rep whore recently … but thank you, that is very helpful

[SnoopZ]

Originally Posted by Jaymoss

my unit rates are already lower than yours but standing charges higher. Different areas have different rates. We have not had Jan rates yet from what I can see

Does this help?

https://octopus.energy/blog/energy-price-cap-oct-2022/

Originally Posted by Chris

I’ve not been enough of a rep whore recently … but thank you, that is very helpful

Just looking at those figures, our bills have increased month on month (compared to the same month in the previous year) by approx. 50%, 75%, 100%, and 150%.

Scary…

[Jaymoss]

Originally Posted by SnoopZ

Does this help?

https://octopus.energy/blog/energy-price-cap-oct-2022/

well that is confusing cuz it shows an increase even though we had email saying decrease. Oh well it is marginal anyway. Cheers

Originally Posted by Hugh

Just looking at those figures, our bills have increased month on month (compared to the same month in the previous year) by approx. 50%, 75%, 100%, and 150%.

Scary…

For us, the house move has come at just the right time.

Our monthly electricity bill, based on my estimate using your tariff, is about the same as this time last year, because we no longer have electric showers or an electric hob. We’re using a lot less of a resource that costs a lot more and more or less breaking even.

Our monthly gas bill replaces a per-tonne cost for biomass which is significantly more expensive than gas (though significantly cheaper than bottled gas or heating oil). So although we have added cooking and cleaning to that half of our energy bill, I think at the moment we have spent only about two-thirds of what we would have spent this time last year.

[SnoopZ]

This is my usage for the last 4 bill periods for a 2 bedroom house with conventional Gas Central Heating with only currently 1 adult that doesn't stay home when working, I'm hoping my smart thermastat will help a little for my January bill as it means the heating isn't coming on between 7am-9.30am when I'm on early shift seeing it knows I'm not home.

I refuse to freeze my tits off when home so the heating gets it's chance to come on but at a lower degree setting than the last few years.

December's bill will be alot more for Gas.

August
Electricity £57.21
Gas £22.50

September
Electricity £47.63
Gas £24.22

October
Electricity £69.53
Gas £44.64

November
Electricity £60.62
Gas £76.78

[denphone]

At the moment our Electricity is around £100 a month and our gas is around £65 a month.

2 years ago it was about £50 for them both together.

[ianch99]

Apparently the spot prices for natural gas bought in the UK and the EU are now at pre-invasion levels. Of course, our bills will start to quickly return to their pre-invasion levels, right

Oil is also lower than pre-invasion price: https://www.theguardian.com/environm...aine-war-level

Originally Posted by ianch99

Apparently the spot prices for natural gas bought in the UK and the EU are now at pre-invasion levels. Of course, our bills will start to quickly return to their pre-invasion levels, right

Oil is also lower than pre-invasion price: https://www.theguardian.com/environm...aine-war-level

Only if our gas-fired power stations are buying their fuel at spot prices, which I understand they mainly don’t. Fixed-price contracts will have to work their way through the system first.

Petrol and diesel prices should react more quickly though, and around here at least they seem to be doing so.

[TheDaddy]

Originally Posted by ianch99

Apparently the spot prices for natural gas bought in the UK and the EU are now at pre-invasion levels. Of course, our bills will start to quickly return to their pre-invasion levels, right

Oil is also lower than pre-invasion price: https://www.theguardian.com/environm...aine-war-level

They've got used to super profits and so have their doner shareholders...

[SnoopZ]

Originally Posted by SnoopZ

This is my usage for the last 4 bill periods for a 2 bedroom house with conventional Gas Central Heating with only currently 1 adult that doesn't stay home when working, I'm hoping my smart thermastat will help a little for my January bill as it means the heating isn't coming on between 7am-9.30am when I'm on early shift seeing it knows I'm not home.

I refuse to freeze my tits off when home so the heating gets it's chance to come on but at a lower degree setting than the last few years.

December's bill will be alot more for Gas.

August
Electricity £57.21
Gas £22.50

September
Electricity £47.63
Gas £24.22

October
Electricity £69.53
Gas £44.64

November
Electricity £60.62
Gas £76.78

I thought my December usage would be alot more seeing my heating would have been blasting far more so I'm pleasantly surprised, however I was away from home for 10 days over Christmas with the heating off so I guess that's it although I'm hoping my smart thermastat helped.

December 2022 usage, unfortunately I can't compare against 2021 because I had boiler issues back then for a month or so.
Electricity £40.28
Gas £98.48

---------- Post added at 11:41 ---------- Previous post was at 11:10 ----------

Bulb are now recommending I reduce my payments down to £70.85 so I've dropped it to £71 seeing I'm £235 in credit and they need to credit me £67 still.