Energy Prices

  • Creator
    Topic
  • #194898
    Oscarmax
    Participant

      They are predicting £5500 for energy per year that works out to £458.33 per month or £105.77 per week.

      Now they are predicting £6,000 £500 per month or £115 38 per week ?

      I am am on a Octopus Go fixed tariff until March 2023 5p off peak/normal 13.72p and 25p/day and a flexible tariff for gas 7.36 and 27.22/day

      At present I use 3900 kWh, approximately 1100 kWh is used to charge the PHEV, the remaining 2800 kWh domestic use.

      Gas I am using just over 10,000 kWh, however I have turned down the setting on the combi boiler hopefully this may help a little

      Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

    Viewing 25 replies - 1 through 25 (of 45 total)
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      Replies
    • #194899
      kezo
      Participant

        £500 a month on energy plus other bills water council tax etc. Added to that anyone with a mortgage will wipe out any money for essentials such as food or transport etc Will leave lower end earners and those solely on benifits or those with little to no saving in the shit and my heart goes out to them.

        If does become the case and shite hits the fan I can see quite few handing their scheme cars back early solely to try and make ends meet.

        I’m almost certain to fit a log burner and will burn the shed if I have to.

        But ye its a serious matter.

         

        #194901
        Oscarmax
        Participant

          They are predicting £5500 for energy per year that works out to £458.33 per month or £105.77 per week. Now they are predicting £6,000 £500 per month or £115 38 per week ? I am am on a Octopus Go fixed tariff until March 2023 5p off peak/normal 13.72p and 25p/day and a flexible tariff for gas 7.36 and 27.22/day At present I use 3900 kWh, approximately 1100 kWh is used to charge the PHEV, the remaining 2800 kWh domestic use. Gas I am using just over 10,000 kWh, however I have turned down the setting on the combi boiler hopefully this may help a little

          Just been through my old Octopus bills for 2021

          Total for January 21 12 month period electric usage 3930.7kWh, however I did not realise I used 1595.1 kWh just charging up the PHEV at 5 pence a kWh, domestic usage 2335.6kWh

          The 7th March 2022 we fitted a 4.4kW solar system to date we have generated over 3100kWh unfortunately the majority going back to the grid for 4.1 p kWh, I haven’t checked my 2022 reading however I am paying at present £110 per month and are £669 in credit, hopefully when the battery bank is fitted the end of September this should help keep the bills at bay.

          I have carried out a spreadsheet estimate using Octopus Agile 70p kWh import and 35p kWh outgoing plus 50p day estimate £613.01/£51.08 month and gas at 20p kWh 10,000kWh 27p day £2088.00/£174.00 month.

          Estimate for electric and gas £2701 or £225 per month, hopefully this should soften the blow a bit.

          Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

          #194902
          kezo
          Participant

            It seems a mokery that any energy you put back into the grid is only 4.1p. From my undestanding your not on the older fit tariff. Yes having your battery installed will help some what.

            Other than battery storage is they anyway allthough I can’t see how you can prevent selling it back to the grid.

            #194904
            Oscarmax
            Participant

              When my Octopus Go ends in March next year, I will switch over to Octopus Agile it has been capped at 55p a kWh at present however this will change judging by the 12 month fixed tariffs  to around 70p kWh next year, at present Octopus Agile is paying on average 30p kWh this will probably rise to around 35/40p kWh, Octopus have stated I change back to Octopus Go for the autumn then back onto Agile in the spring as long as I can provide evidence and have a PHEV/EV

              I only receive 4.1p kWh because my off peak is only 5p, as Octopus has clearly stated there is nothing stop anyone force charging their batteries and feeding it back to the grid.

              Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

              #194908
              kezo
              Participant

                Can’t remember but I’m sure Ive asked you before. How many panels do you have and the watts of each panel, and is your roof south or west facing.

                 

                #194911
                Oscarmax
                Participant

                  12 x 370 JA panels roof 30 degrees south 200 degrees

                  The highest I have seen 4.35 kW

                  Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                  #194927
                  kezo
                  Participant

                    Thanks mate :-), it just gives me an idea on roof space. My house is like a dormar so doub’t i’d fit 12 on unless it split between front and rear. 500w panels maybe I need to be looking into.

                     

                    #194934
                    DumfriesDik
                    Participant

                      My fixed rate ends end of January 23. I have started looking now in case I can lock in a deal at todays lower prices. I might lose five months at a higher rate, but gain 13 months at a cheaper rate by fixing sooner rather than later? If that makes sense.

                      Trouble with solar, it cost so much. But I am interested, was yours fitted recently @Oscarmax?

                      Skoda Enyaq Race Blue

                      #194940
                      Oscarmax
                      Participant

                        My fixed rate ends end of January 23. I have started looking now in case I can lock in a deal at todays lower prices. I might lose five months at a higher rate, but gain 13 months at a cheaper rate by fixing sooner rather than later? If that makes sense. Trouble with solar, it cost so much. But I am interested, was yours fitted recently @Oscarmax?

                        Hi fitted 7th March 2022

                        Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                        #194941
                        Oscarmax
                        Participant

                          We have been using a Remoska instead of using the oven (it can virtually cook anything), it only uses 500w, over the year it has saved us a fortune.

                          We have also purchased some very low power fan to place near the radiator to circulate the heating in the rooms.

                          Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                          #194949
                          kezo
                          Participant

                            We have been using a Remoska instead of using the oven (it can virtually cook anything), it only uses 500w, over the year it has saved us a fortune. We have also purchased some very low power fan to place near the radiator to circulate the heating in the rooms.

                            I/we tend to use a slow cooker for most things that would otherwise need to becooked in the oven or the zapper if cooking a bit of veg for previously cooked meat or for beans on tast.

                            #194992
                            Marc
                            Participant

                              My fixed rate ends end of January 23. I have started looking now in case I can lock in a deal at todays lower prices. I might lose five months at a higher rate, but gain 13 months at a cheaper rate by fixing sooner rather than later? If that makes sense.

                               

                              I don’t think you will get a locked in fixed rate at the moment. Our fixed rate came to an end in May both gas and elecric with Shell, we were moved onto a variable rate and there was no option of a fixed rate but Shell did say that option will be available after all of the price rises. Out monthly payment went from £111 to £191 a month.

                              Let us know if you manage to find a fixed rate.

                              Daughters motability car Hyundai Tucson Ultimate self charging hybrid Serenity White Moss Grey interior.
                              My car SEAT Ibiza SE Tec 1.2 petrol TSI 2017.

                              #195238
                              Oscarmax
                              Participant

                                Energy price cap for October

                                Electric 52p kWh

                                Gas 14p kWh

                                Lat year I used just over 10,000 kWh for gas so I ma looking at around £1400 (plus 28p daily standing charge 365 x0.28) 102.20 = £1502.20 per year or £125.18 per month ?

                                Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                                #195268
                                fwippers
                                Participant

                                  We have a 24kw central heating boiler. That will cost £3.60 an hour. We will probably keep it switched off unless its really cold, save 20 minutes daily for the hot water tank. We have a well insulated house and the ability to heat for 4 hours at low rates using electricity.

                                  Our old property was not well insulated and the heating was on, typically, for 12 hours daily. Do the math’s and deduct a bit where it switches on and off and its around £27 a day, £810 a month!

                                  And we have another 60% increase in the pipeline in January.

                                  A Sunday roast, cooking for 4 hours in an electric oven , typically £3.

                                  Even saw some people in the forest today collecting wood. Illegal, but possibly going to become more common.

                                  #195360
                                  Oscarmax
                                  Participant

                                    I have a quick look through my octopus online December fuel bills, in the very cold months like December/January I have recorded high 1500 kWh monthly gas readings, when it was 3.5p a kWh it was not to bad around £52, I am on a flexible gas tariff currently around 7.5p, however this due to double in October so I and probably looking around £225 a month, in January I believe it will jump to around 20p kWh I will probably looking around £300 for the month ?

                                    My combi boiler has always been set at Eco, however, I have now found that setting is 75 degrees C, I altered the setting to 40 degree C for water and 55 degrees for the heating. I used to set my thermostats to 22 degrees C, I intend to set the room to 20 degrees C and bedrooms to 18 degrees C. Hopefully I can reduce my winter consumption by 20/30%

                                    Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                                    #195363
                                    DumfriesDik

                                      Be careful with turning your hot water down. Legionella likes water below 70°.

                                      #195371
                                      fwippers
                                      Participant

                                        I have a quick look through my octopus online December fuel bills, in the very cold months like December/January I have recorded high 1500 kWh monthly gas readings, when it was 3.5p a kWh it was not to bad around £52, I am on a flexible gas tariff currently around 7.5p, however this due to double in October so I and probably looking around £225 a month, in January I believe it will jump to around 20p kWh I will probably looking around £300 for the month ? My combi boiler has always been set at Eco, however, I have now found that setting is 75 degrees C, I altered the setting to 40 degree C for water and 55 degrees for the heating. I used to set my thermostats to 22 degrees C, I intend to set the room to 20 degrees C and bedrooms to 18 degrees C. Hopefully I can reduce my winter consumption by 20/30%

                                        Apparently, these boilers rarely run at full power, around 50%.  On that basis, we will probably have the boiler running for an hour in the morning, and a couple of hours in the afternoon/evening, switching to electric at 9.30pm. GAs consumption around £5-6 a day, which I can live with!

                                        #195471
                                        Jojoe
                                        Participant

                                          Found a calculator on Money Saving Expert website. If you get you last gas and electric bill it will have an estimated usage, enter the details and it will calculate how much you will pay from October. It was very accurate with my current monthly bill, £180 a month. It estimates I’ll be paying £324 from October, but do remember we will be getting £64 a month off the bill from the government for 6 months so that should take it to £260, plus my energy saving changes which should reduce it further.

                                           

                                          https://www.moneysavingexpert.com/utilities/what-are-the-price-cap-unit-rates-/

                                          Enyaq EV

                                          #195472
                                          Oscarmax
                                          Participant

                                            Had a quick look Joejoe excellent post, unfortunately it does not work for me I am on an very good Octopus fixed tariff until March 2023, plus we fitted solar panels earlier this year in March which is affect our energy use.

                                            Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                                            #195506
                                            Avatar photostruth
                                            Participant

                                              not sure really how im gonna manage being on my own, but can only try. if it becomes obvious i cant then car will have to go back i guess. its not how the money is supposed to be used tho and my sons’ getting to hospital would be an issue too.

                                              its all very worrying if i think about it so will just have to, not think about it…for now.

                                              Current Car: Hyundai Kona Premium EV...2 way 40kg hoist
                                              Last Car: Toyota C-HR Excel Hybrid...4 way 80kg hoist

                                              #195546
                                              Jojoe
                                              Participant

                                                @Struth You should get £64 a month paid directly into your gas/electric account each month for 6 months from September, if you’re on PIP you should also get a £150 payment in September/October. I think there will definitely be more for those who need it. My partners employer has just announced they are giving them a monthly bonus based on a percentage of the energy price cap, to help them with energy bills, a few employers are doing this.

                                                Enyaq EV

                                                #195571
                                                joss
                                                Moderator

                                                  Ovo Energy boss proposes plan to stave off household bill crisis:

                                                  https://www.bbc.co.uk/news/business-62742303

                                                  OVO’s 10 point plan to address the national energy crisis

                                                  Joss
                                                  Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
                                                  Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

                                                  #195576
                                                  Oscarmax
                                                  Participant

                                                    Ovo Energy boss proposes plan to stave off household bill crisis: https://www.bbc.co.uk/news/business-62742303 OVO’s 10 point plan to address the national energy crisis

                                                    It really make good sense, but as usual the government will ignore it

                                                    Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                                                    #195667
                                                    Avatar photostruth
                                                    Participant

                                                      @Struth You should get £64 a month paid directly into your gas/electric account each month for 6 months from September, if you’re on PIP you should also get a £150 payment in September/October. I think there will definitely be more for those who need it. My partners employer has just announced they are giving them a monthly bonus based on a percentage of the energy price cap, to help them with energy bills, a few employers are doing this.

                                                       

                                                      well that will help a bit.. cheers

                                                      Current Car: Hyundai Kona Premium EV...2 way 40kg hoist
                                                      Last Car: Toyota C-HR Excel Hybrid...4 way 80kg hoist

                                                      #196602
                                                      Avatar photostruth
                                                      Participant

                                                        just had notice of my rises for next month… could have been worse.. 6p on leccy and 3p on gas plus about a penny on each standing charge. i should be able to live with that.

                                                        Current Car: Hyundai Kona Premium EV...2 way 40kg hoist
                                                        Last Car: Toyota C-HR Excel Hybrid...4 way 80kg hoist

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