Energy price rises - what are you paying?
Discussion
Energy is the biggest con of all, and I don’t say that with ignorance. It really is.
All consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
All consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
roadsmash said:
Energy is the biggest con of all, and I don’t say that with ignorance. It really is.
All consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
You really do. What you've put is just total nonsense. All consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
By law it has to be provided in pence per kwh and a daily standing charge fee. You'll find that information clearly on any bill, or on any website, and it has to be provided before you sign up.
However, ask most people how many Kwh's of electric they use in a year and they wouldn't have a clue. Ask someone how big their house is and how much their bill is every month and most people will have a decent stab at a good answer. Don't blame the energy companies if their customers can't be arsed to find out all the information they need to get the most accurate quote. There are heaps of customers still on very expensive default tariffs as opposed to being on a fixed contract, but you can't force them to change.
Octopus Agile for Gas and Electricity
Also Octopus Agile Outgoing for any solar I export (I get 50% of what I would pay for inbound electricity).
Have EV so charge on cheap rates overnight and try to avoid electrical consumption between 4pm and 7pm because price shoots up
For electricity day standing charge is 21p + usage (which varies further on both cost and usage) last weeks average was 11.59p kw
For Gas its 2.86 Kw with a with a daily charge of 17.85p this rate changes monthly I think
Also Octopus Agile Outgoing for any solar I export (I get 50% of what I would pay for inbound electricity).
Have EV so charge on cheap rates overnight and try to avoid electrical consumption between 4pm and 7pm because price shoots up
For electricity day standing charge is 21p + usage (which varies further on both cost and usage) last weeks average was 11.59p kw
For Gas its 2.86 Kw with a with a daily charge of 17.85p this rate changes monthly I think
Condi said:
roadsmash said:
Energy is the biggest con of all, and I don’t say that with ignorance. It really is.
All consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
You really do. What you've put is just total nonsense. All consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
By law it has to be provided in pence per kwh and a daily standing charge fee. You'll find that information clearly on any bill, or on any website, and it has to be provided before you sign up.
However, ask most people how many Kwh's of electric they use in a year and they wouldn't have a clue. Ask someone how big their house is and how much their bill is every month and most people will have a decent stab at a good answer. Don't blame the energy companies if their customers can't be arsed to find out all the information they need to get the most accurate quote. There are heaps of customers still on very expensive default tariffs as opposed to being on a fixed contract, but you can't force them to change.
"Looking at your current balance and energy usage, we recommend changing your payments to £78.68."
So if i choose to reduce my DD i'd be paying a whopping £1.33 extra per month more than when I first started.
In the meantime I periodically look at other companies "fixed rates" and that's just been a waste of time really. I'll stick with Bulb variable rate as if/when something worthwhile is on offer I can leave Bulb immediately with no penalty.
PS. I'm more than happy to check again if you know of a better deal out there.
roadsmash said:
Energy is the biggest con of all, and I don’t say that with ignorance. It really is.
All consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
This, but also look at some posting here with I pay £x per month which is utterly uselessAll consumers need to know is the daily standing charge, and the KwH unit rates. If these are lower than what you’re currently paying, your bill will be less per unit of usage. If they’re higher than what you’re currently paying, your bills will be more per unit of usage.
But for some reason, the energy companies try to make this information obscure and hidden away in the contract terms.
Instead, they focus on asking new customers how big their house is, what they spent on energy last year etc. And then practically make up some random number about how much money they will save compared to an estimated usage.
It is all just ridiculous and should be advertised and quoted by unit rates, much simpler.
QuartzDad said:
Uggers said:
Thanks, will look into that now as 0.5 can really make a difference!
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Edit- Just checked 3.1p for gas. 16p for electric
Ouch, are you sure you're not powering half a county by mistake?!? My heaviest month 760 kWh is way less than your best Edit- Just checked 3.1p for gas. 16p for electric
Edited by Uggers on Monday 22 February 10:53
Agree with the poster above unit cost p/kWh and standing charge is the comparison I look at, it makes searching an absolute arseache trying to dig into the tarriffs to get these values. It's deliberate smokescreening in my opinion. If they all displayed their deals showing these 2 criteria it would be obvious which provider is the cheapest.
Ones who give a cost per month, a bit of context would help. Is it modern shoebox or a leaky old castle?
Just changed from Bulb at our old house to Octopus, rates very similar.
Elec
Normal £0.1671
Low
Standing Charge £0.2288
Gas
Rate £0.0280
Standing charge £0.2606
Having just moved from a 100 year old house to a brand new barn coverrsion with up to date building regulations insulation, my bill has gone down from £ 270/month to £ 92 per month...!!!!!
It'll go up slightly of course as their quote was only an estimate, but even if it gets to £150/month it'll seem like a steal
Elec
Normal £0.1671
Low
Standing Charge £0.2288
Gas
Rate £0.0280
Standing charge £0.2606
Having just moved from a 100 year old house to a brand new barn coverrsion with up to date building regulations insulation, my bill has gone down from £ 270/month to £ 92 per month...!!!!!
It'll go up slightly of course as their quote was only an estimate, but even if it gets to £150/month it'll seem like a steal
So out of interest i just got this quote from Octopus using my annual usage for gas and leccy with Bulb
Like I posted earlier Bulb has just emailed me this.....
Looking at your current balance and energy usage, we recommend changing your payments to £78.68
So the eight legged creature from the deep wont be getting my dosh anytime soon
Like I posted earlier Bulb has just emailed me this.....
Looking at your current balance and energy usage, we recommend changing your payments to £78.68
So the eight legged creature from the deep wont be getting my dosh anytime soon
dmsims said:
Condi said:
What were you paying first/second week of Jan?
Indeed, thankfully I switched to Go(faster) in December
Edit- ignore above. Had a 2nd look, wow Agile is not much cop right when you need it and was thinking of getting agile for one of the phases which runs the hot tub.
Edited by Uggers on Monday 22 February 20:24
Uggers said:
Edit- ignore above. Had a 2nd look, wow Agile is not much cop right when you need it and was thinking of getting agile for one of the phases which runs the hot tub.
Agile just reflects the wholesale price. Sometimes that is cheaper, sometimes that is more expensive. At 2pm in summer it'll almost certainly be cheaper, but at 5pm on a cold and still day in winter then you'll likely be paying 35p/kwh whereas people on fixed tariffs are paying 14p. If you can move your load around - ie cook earlier/later, or turn your hot-tub off at certain times - then it should be cheaper. In theory if you had a 2 bar heater on Agile and a 2 bar heater on a fixed contract, over 12 months or so they "should" cost about the same.
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