Energy price rises - what are you paying?

Energy price rises - what are you paying?

Author
Discussion

Scabutz

7,837 posts

82 months

Wednesday 22nd February 2023
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markiii said:
i think algoritm is overselling it, i reckon they throw darts at a board
Yeah, there is no AI, or detailed algo, its a wet finger in the air + 100

a311

5,843 posts

179 months

Wednesday 22nd February 2023
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My only gripe with Octopus is they didn't make it easy to refund some of your credit which they now seem to have sorted. We're currently in a rental house while we're getting renovations done. The boiler is off and there will be some electricity use for power tools etc but we'll mostly just be getting hit with the standing charges for the next couple of months so thought about taking some of the credit to pay the utilities at the rental.

Actually might as well withdraw the credit and keep it to one side earning 3% interest now they've made it easier.


MisterBigglesworth

454 posts

50 months

Wednesday 22nd February 2023
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Hereward said:
Literally what EDF did with me this morning (my garage is on a separate meter hence the low consumption):

I would tell them you are making a complaint to the ombudsmen, the guidelines are very clear that they should base the DD on actual usage not some fantasy figure. This whole you might fall into debt is completely made up.

The truth is they are using this whole mess as a smokescreen to effectively get a interest free loan off all their customers to fund their cash flow.

Can you not just cancel the direct debit and demand to be billed for usage?


Blue Oval84

5,278 posts

163 months

Thursday 23rd February 2023
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Hereward said:
Literally what EDF did with me this morning (my garage is on a separate meter hence the low consumption):

Just tell them you want switching to Direct Debit Whole Amount and you'll pay the same price per kWh but you'll only pay for what you've used, after you've used it, which would seem fine for a garage with low consumption.

Celtic Dragon

3,177 posts

237 months

Thursday 23rd February 2023
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On the flip side of EDF, I give you Eon, who have been refunding my direct debit whilst we have been getting the government subsidy, because the based their guess work of my summer usage when I used hardly any gas.

The net result is I now owe them just over £200, because they couldn’t leave it alone. Thankfully I kept the money and haven’t spent it, but can imagine others haven’t done so.

B'stard Child

28,622 posts

248 months

Thursday 23rd February 2023
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Celtic Dragon said:
On the flip side of EDF, I give you Eon, who have been refunding my direct debit whilst we have been getting the government subsidy, because the based their guess work of my summer usage when I used hardly any gas.

The net result is I now owe them just over £200, because they couldn’t leave it alone. Thankfully I kept the money and haven’t spent it, but can imagine others haven’t done so.
Supporting that most suppliers are fking useless I give you "Scottish Power"

Who are crediting your energy account with the £66/£67 "Government Subsidy Contribution" and then refunding it to your bank account that they take the Direct Debit from.....

I think this is so that the credit doesn't fk up their assesment of your energy usage/credit balance
but as they are a sack of st on that aspect anyway it's not helping much

This also means that any meter readings submitted in the last 2 weeks of the month take a minimum of 10 days to come up with a bill biggrin

the-norseman

12,662 posts

173 months

Monday 25th September 2023
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Just a question, somebody might know the answer to!

I've just logged into my Eon Next account and they are offering a tariff for charging your car, the day time electric price per kwh is very similar to what I pay now but the night time one is a lot lower. I dont have an electric car however I do work night shifts from home. I used to have an economy 7 meter at an old house and I used to do all the electric stuff at night, dishwasher, washing machine etc.

Is there anything stopping me jumping on this tariff from them? cant really see anywhere that says you must have an electric car.

Trustmeimadoctor

12,814 posts

157 months

Monday 25th September 2023
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If anything like octopus you need a smart meter and the need to see the car connected to get the car tariffs

Edited by Trustmeimadoctor on Monday 25th September 13:35

the-norseman

12,662 posts

173 months

Monday 25th September 2023
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I do have a smart meter but yeh not going to be plugging my diesel XC90 into the house haha.

Blue Oval84

5,278 posts

163 months

Monday 25th September 2023
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I don't think Eon's tariff requires a specific car or charger, therefore they technically wouldn't know if you weren't plugging in (The Intelligent Octopus tariff actually gives Octopus control of your car charging so they can tell if you aren't plugging it in, and it's in their terms that you must do an intelligent charge on a monthly basis)

I think they do ask you to confirm that you have an EV during the sign up process, but no idea if they ever enforce this.

leef44

4,568 posts

155 months

Monday 25th September 2023
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Why is there a specific tariff which requires you to have an EV?

If norseman is consuming a fair amount overnight, what is the difference?

dickymint

24,736 posts

260 months

Monday 25th September 2023
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Blue Oval84 said:
I don't think Eon's tariff requires a specific car or charger, therefore they technically wouldn't know if you weren't plugging in (The Intelligent Octopus tariff actually gives Octopus control of your car charging so they can tell if you aren't plugging it in, and it's in their terms that you must do an intelligent charge on a monthly basis)

I think they do ask you to confirm that you have an EV during the sign up process, but no idea if they ever enforce this.
Indeed and if you do have charge an EV what's to stop you from powering anything else from that nuts

Penny Whistle

5,783 posts

172 months

Monday 25th September 2023
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dickymint said:
Indeed and if you do have charge an EV what's to stop you from powering anything else from that nuts
If you mean powering other stuff from an EV then your options are currently extremely limited. A small but increasing number of EVs allow you to power a 13amp socket from the car's batteries (V2L - Vehicle to Load). I think there's only one EV which enables V2H or V2G (House or Grid respectively) and you need a particular type of EVSE to enable that.

James6112

4,593 posts

30 months

Monday 25th September 2023
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I was with EDF already, but switched to ‘EV’ tariff when wife got a PHEV a month ago.
No proof reqd.. They encourage other usage in the cheap period.
Nigh on half of our usage in now @ 8p a minute. Car/dishwasher/washing machine.


Excerpt from latest bill:-

RoadToad84

689 posts

36 months

Monday 25th September 2023
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Eon are offering this, which I'm tempted by. M currently on Next Flex variable.

SSG1000

288 posts

65 months

Monday 25th September 2023
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My fixed tariff is about to finish,

21.25 p/kWh and 36.94p standing rate. Not sure if I should just say on a standard variable tariff or fix given the cap is coming down…. What’s the most efficient way of thinking about it, as I also have an EV albeit only really charge it at home 5 times per month.

FiF

44,452 posts

253 months

Monday 25th September 2023
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My fixed ends in the next day or so. Going to roll onto the std variable and keep a close watch. As there is little benefit to fixing now, and no early exit charge it's easy to move if something comes up.

Clearly the risk is that something major happens to push prices up this winter. But going to wing it.

Fixed was Elec 18.76 and 22.57 standing
Gas was 3.68 and 23.73 standing

So rolling onto std variable will be a big increase.


Edited by FiF on Monday 25th September 23:30

TheBinarySheep

1,186 posts

53 months

Tuesday 26th September 2023
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SSG1000 said:
My fixed tariff is about to finish,

21.25 p/kWh and 36.94p standing rate. Not sure if I should just say on a standard variable tariff or fix given the cap is coming down…. What’s the most efficient way of thinking about it, as I also have an EV albeit only really charge it at home 5 times per month.
Might be worth looking at OVO Anytime. I think you get 10p per KW charging for your EV, but your day remains at the standard rate, you don't get charged more like you do on many Economy 7 type plans.

RichB

51,945 posts

286 months

Tuesday 26th September 2023
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This chat about EV tariffs prompted me to look at switching. I was half hearted about it because we have a PHEV and being retired don't do much mileage. Then my wife pointed out we have the greenhouse heating on all winter and it works most during the night - bingo ! idea

sfella

918 posts

110 months

Tuesday 26th September 2023
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Octopus offering fix at 27.x or variable at 30.x variable, both with 50p stnding charge. Coming off a fix of 22 and 22.

Seems tempting to fix, can't see prices crashing that far this winter