-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Energy price increase
- Thread starter Forty_Two
- Start date
Jason71
Well-Known Member
Having made the point can I now suggest not touching and door handles, light switches etc or going near any windows for the foreseeable future.
That's no surprise (though I believe that the rates displayed and calculated on a smart meter IHD can be notoriously unreliable). I'm sure you will have seen your rates directly as per communication from Octopus and as displayed on their website. And the national news has been full of it for weeks ... but maybe you're the last to know!
I am on EdF GoElectric April 24 at 37.91p day 4.5p 5 hour at night. I expected the day portion to go down to 34p. Government web site says:
A ‘floor’ unit price for gas averaging at 10.3p/kWh and for electricity averaging at 34p/kWh for direct debit customers will be introduced, because some people will have fixed at much lower prices some time ago, meaning their annual payments will already be below the £2,500 average set by the Energy Price Guarantee.
Edf say 'no change' What am I missing?
If you’re on a fixed rate tariff
Fixed tariff customers will have the same support where appropriate. Unit price reductions of up to 17p/kWh for electricity and 4.2p/kWh for gas will apply to fixed tariff customers that currently have unit rates above the EPG.A ‘floor’ unit price for gas averaging at 10.3p/kWh and for electricity averaging at 34p/kWh for direct debit customers will be introduced, because some people will have fixed at much lower prices some time ago, meaning their annual payments will already be below the £2,500 average set by the Energy Price Guarantee.
Edf say 'no change' What am I missing?
As pointed out by @Adopado I think when on a fixed rate tariff they are entitled to use a blended rate calculation to determine if the new price cap is applicable. We are on the Octopus Tesla Energy Plan. No change has been made to our rate but I can't complain at all. £0.1124/kWh remains a very attractive price.
Jason71
Well-Known Member
is that right or does it take into account your actual usage? I have only 3 hours at cheap rate which is 12.5% but over 50% of my usage is actually in that time period.
Yes in practice it will be different for every customer but the way it’s calculated by the companies appears to use a standardised formula, because they can’t have different rates for each customer on the same ev tariff.
Zilla91
Active Member
Musk seems to think Ukraine should just roll over and let Russia invade. The man is an absolute tool.
PITA
Model 3 Performance
Most likely because Belin Gigafactory is 60% run on Russian Natural Gas... and will have to shut down if Gas is cut off.
Last edited:
Jason71
Well-Known Member
I think you will find it was a "special military operation" rather than an invasion
Are all you people who are exporting excess solar benefiting from the vastly increased commercial price of electricity?
Yes, I know you're not ... but why not? How come the energy companies can get away with paying such paltry amounts?
Yes, I know you're not ... but why not? How come the energy companies can get away with paying such paltry amounts?
Jason71
Well-Known Member
its almost like everything is not black and white and more than 1 thing can be true.
Similar threads
