Smart Meters and Tariffs

[Mr K]

Sounds a bit like the bookies. The odds will always be stacked in their favour whether you're betting on horses or whether the wind will blow. Otherwise they wouldn't be in business.

I'll stick with my unsmart meter, and not be gutted if its a nice day outside

Your smartass comments really are not necessary.
Prices are high when there is a lack of "renewable" power (i.e mostly Wind Power).
62% of the National Grids power is being generated via Gas atm, which is expensive.

It once again shows how the UK is nowhere near ready to "go green".
They are not going to fill that 62% gap with something else reliable in just 5 years.

[downquark1]

Originally Posted by Mr K

Sounds a bit like the bookies. The odds will always be stacked in their favour whether you're betting on horses or whether the wind will blow. Otherwise they wouldn't be in business.

I'll stick with my unsmart meter, and not be gutted if its a nice day outside

You have it entirely backwards. We are paying the real prices as they come. It is the fixed tariffs that are deal put forward by the energy companies based on their view of future energy prices. They are betting they can predict it better than you.

Now in some cases you will win over us but if you are against betting then the smart tariffs are the more genuine price.

[SnoopZ]

Originally Posted by SnoopZ

33.26 on my Tracker it is the worst I've ever seen.

And it'll now be 38.5 tomorrow on my tracker.

I think Agile and Tracker both have a 100pence cap.

[downquark1]

Yeah they are pulling the stops out

You're invited to a Saving Session TODAY (Wednesday 11th December) between 6pm - 7pm

[downquark1]

ahh tomorrow is even worse!

[SnoopZ]

Originally Posted by downquark1

Yeah they are pulling the stops out

You're invited to a Saving Session TODAY (Wednesday 11th December) between 6pm - 7pm

No invite here but then it's late shift from 2-10pm this week.

Originally Posted by downquark1

ahh tomorrow is even worse!

Indeed, hitting the 100p cap for the first time ever.
This isnt making December look good, these days are wiping out the previous savings.

Its not hard to see why, most of the grid power today came from Gas again.



Black is demand, red is Fossil fuels (gas), green renewable (wind,solar) & blue is other (mainly nuclear & biomass).

[SnoopZ]

I wonder how many people with jump off a Smart Tariff onto a Fixed if these prices continue into the weekend?

It's not affecting me too much at the moment this week because I'm not at home between 1-10pm but I'm now looking at fixed prices and may consider it in a week or so if these prices persist.

[Taf]

Plans to have tariffs without a Standing Charge are being mulled-over by OFGEM. We were on one of those tariffs for a few years, and as Low Users we saved a lot.

"Under Ofgem's price cap, standing charges have risen by 43% since 2019."

[SnoopZ]

Originally Posted by Taf

Plans to have tariffs without a Standing Charge are being mulled-over by OFGEM. We were on one of those tariffs for a few years, and as Low Users we saved a lot.

"Under Ofgem's price cap, standing charges have risen by 43% since 2019."

More info here.

https://www.ofgem.gov.uk/press-relea...012%20December.

[Itshim]

Originally Posted by Taf

Plans to have tariffs without a Standing Charge are being mulled-over by OFGEM. We were on one of those tariffs for a few years, and as Low Users we saved a lot.

"Under Ofgem's price cap, standing charges have risen by 43% since 2019."

Would certainly give the customer more control, so it won't happen

Originally Posted by SnoopZ

I wonder how many people with jump off a Smart Tariff onto a Fixed if these prices continue into the weekend?

The thing with Agile is its going to have bad periods, but over the 4 months so far I have saved almost £70, so I'm not going to jump ship just yet.
However, it is an option I'm keeping in mind if this carries on for too long - as far as I am aware, its possible to switch back to Agile later on if wanted.

I took the fixed option for gas almost a month ago (@5.68p) as Tracker was going high (over 6p) with no prospect of it falling below the fixed price anytime soon.
Tracker seems different to Agile, you cant go back to it for 9 months.

[Taf]

Originally Posted by Itshim

Would certainly give the customer more control, so it won't happen

It used to be a godsend for those who used very little power, or left homes empty for months at a time. But to whittle down their headline cost per kWh, energy companies brought it back to lift their ratings on comparison sites.

[Itshim]

Originally Posted by Taf

It used to be a godsend for those who used very little power, or left homes empty for months at a time. But to whittle down their headline cost per kWh, energy companies brought it back to lift their ratings on comparison sites.

Sure you are correct, got rid of the whole thing ,didn't like the whole setup. Used EDF years ago never understood why as it only supplied renewable electricity, it's linked to gas price.