Smart Meters and Tariffs

My fixed rate on Octopus is

Electricity 20.10p/kWh, with a Standing Charge 63.11p/day (£230.34/year)
Gas 5.37p/kWh, with a Standing Charge 28.26p/day (£103.15/year)

[SnoopZ]

Originally Posted by Mr K

Electricity 19.6p and gas 5.8p. Plus about about a £1 a day combined standing charge.

Is Agile a fixed tariff? Bear in mind as well as prices going up this month, they'll go up again in April.

Your Electricity rate is very good I thought it would be more expensive.

Agile price changes every 30mins rather than daily for the Tracker, Agile I won't go on.

Who are you with again I may have to consider it in future as it seems pretty cheap?

---------- Post added at 14:58 ---------- Previous post was at 14:49 ----------

Originally Posted by Hugh

My fixed rate on Octopus is

Electricity 20.10p/kWh, with a Standing Charge 63.11p/day (£230.34/year)
Gas 5.37p/kWh, with a Standing Charge 28.26p/day (£103.15/year)

Your standing charge is alot more than my standing charge for a fixed Electricity, if I was to sign up today my prices woul be.

Electric: unit rate 24.61, Standing charge 48.79
Gas: Unit rate 5.99, Standing Charge 29.38

Originally Posted by SnoopZ

Your Electricity rate is very good I thought it would be more expensive.

Agile price changes every 30mins rather than daily for the Tracker, Agile I won't go on.

Who are you with again I may have to consider it in future as it seems pretty cheap?

---------- Post added at 14:58 ---------- Previous post was at 14:49 ----------



Your standing charge is alot more than my standing charge for a fixed Electricity, if I was to sign up today my prices woul be.

Electric: unit rate 24.61, Standing charge 48.79
Gas: Unit rate 5.99, Standing Charge 29.38

Probably depends how much electricity you use - we used 343 kWh in our last 30 day billing period.

Electricity 343.0 kWh @ 20.10p/kWh - £68.93
Standing Charge 30 days @ 63.11p/day - £18.93
Total before VAT £87.86
(Plus VAT of £4.39)
Total Electricity Charges £92.25

At your rates, we would have paid

Electricity 343 x 24.61 - £84.41
Standing charge 30 days @ 48.78p/day - £14.63
Total Electricity Charges £99.04
(don’t know if your rates include VAT)

Originally Posted by Mr K

Is Agile a fixed tariff?

No, it changes every 30 minutes based on wholesale prices, not connected to the price cap either.

When wind power is high, agile is very cheap, sometimes even negative (i.e. you get paid for the electricity you use).

Sometimes it has a bad day [or two] going very high. Tomorrow is one of those bad days.

Overall, its been cheaper than fixed or standard variable (i.e. price cap).
As long as it remains cheaper over the long run, I'll continue to stay on it.

The latest Octopus fixed (Jan 25) is not that brilliant - 23p.

[Mr K]

Originally Posted by SnoopZ

Who are you with again I may have to consider it in future as it seems pretty cheap?

'Out Fox the Market', I've just switched to their latest fixed tariff:-'The Big January Sale (Jan 25) - Fix'd Dual v1.0'. You won't be able to use a comparison site to switch to them, you need to go direct.

Might also depend on your usage, I'm heavy on electricity and light on gas, so what's cheapest for me might not be for you.

Originally Posted by Mr K

'Out Fox the Market', I've just switched to their latest fixed tariff:-'The Big January Sale (Jan 25) - Fix'd Dual v1.0'. You won't be able to use a comparison site to switch to them, you need to go direct.

Might also depend on your usage, I'm heavy on electricity and light on gas, so what's cheapest for me might not be for you.

They have a good electricity rate, not so good for gas.
The dual would be no good for me, the gas is more than I pay now, however, their electric only was only about 20.5p, which is still good.

[SnoopZ]

Any body else not received their Octopus December bill yet?

[downquark1]

Originally Posted by SnoopZ

Any body else not received their Octopus December bill yet?

No I got mine fine.

If it is definitely overdue you can use the https://www.octopriceuk.app/missingData datachecker to see if there any missing bins.

*actually checking it, my account was credited on time but the bill arrived late today.

[SnoopZ]

Originally Posted by downquark1

No I got mine fine.

If it is definitely overdue you can use the https://www.octopriceuk.app/missingData datachecker to see if there any missing bins.

*actually checking it, my account was credited on time but the bill arrived late today.

That's the site I always check, Gas is always a little behind, Octopus have taken both meter readings on the 1st of the month and my payment date is 2nd then I think the bill comes in a few days later.

I guess the bill this month is a little more complicated for them to workout because I had 3 days of completely free electricity over a 7hr period for their new Power-Up sessions in my region.

I got my bills for Gas and Electric ok.

I notice I have no Agile rates for tomorrow yet, they normally appear around 4pm.

I'm guessing thats probably a bad sign, low wind and high demand, due to the freezing weather.
(Demand is 48GW atm, highest I've seen, and very little wind, so mostly gas and imported power).

[SnoopZ]

I got my bills a few hours ago, my Tracker rate is 24.55 for tomorrow so it's likely your Agile rate will be alot cheaper than today because if mines bad yours seems to be bad as well.

[Mr K]

The UK power supply is struggling. It won't matter which supplier you're with if there's blackouts. At least it would keep the bills down.
https://news.sky.com/story/power-gri...hreat-13285474

Originally Posted by Mr K

The UK power supply is struggling. It won't matter which supplier you're with if there's blackouts. At least it would keep the bills down.
https://news.sky.com/story/power-gri...hreat-13285474

The NESO was at pains to point out that it does not signal that blackouts are imminent or that there is not enough generation to meet current demand.

The UK has reciprocal arrangements with neighbouring countries to draw power via so-called interconnectors if and when required to help keep the lights on.

[Mr K]

Well it's a good time to recharge those batteries and power banks. Be prepared eh?

Originally Posted by Mr K

The UK power supply is struggling. It won't matter which supplier you're with if there's blackouts. At least it would keep the bills down.
https://news.sky.com/story/power-gri...hreat-13285474

As I have already said, we are nowhere near able to rely on "renewable" only, esp wind power.

All the wind turbines in the world are useless when there is no wind.

We got rid of all the backups except Gas so thats now keeping us going, along with 6GW of imports.

As I type this I see gas is providing 54% of our power generation, and 13% is imports.

---------- Post added at 20:41 ---------- Previous post was at 20:40 ----------

Originally Posted by SnoopZ

my Tracker rate is 24.55 for tomorrow so it's likely your Agile rate will be alot cheaper than today.

Yes, finally came through, not as bad as feared, still not great though.