Gas & Electricity

west didsblue said:
We all know that unless the government do something we’ll all be paying 52p per kWH for electricity and 15p for gas which will be unaffordable for about half the population. Businesses will be paying even more making the price rises they will be forced to make to their products and services unaffordable to even more cash strapped people.
The government literally have no choice but to do something fairly drastic or we will be in a 30s style depression by the new year with businesses shutting down, mortgage defaults and public services breaking down.
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My latest fixed price quote with octopus has the following rates:

Electricity: 71p per kWh/42p per day standing charge.
Gas: 20p per kWh/27p per day standing charge.

Our current rates are:

Electricity: 28p per kWh/42p per day standing charge.
Gas: 7p per kWh/27p per day standing charge.

Our monthly DD is £260 currently and this will go to £573 per month. We were paying £110 per month last year. This is not economically sustainable.

I added more loft insulation a couple of years ago and we have replaced the gas boiler. I run the heating flow temperature at 65 degrees to maximise the efficiency of the condensing boiler. We don’t have the heating on for really long periods, the thermostat is set at 20 degrees and it’s on for about 5 hours a day.

We don’t think it’s unreasonable to have a warm house in this day and age, but £6,886 for 12 months of gas and electricity is just ridiculous.
 
west didsblue said:
We all know that unless the government do something we’ll all be paying 52p per kWH for electricity and 15p for gas which will be unaffordable for about half the population. Businesses will be paying even more making the price rises they will be forced to make to their products and services unaffordable to even more cash strapped people.
The government literally have no choice but to do something fairly drastic or we will be in a 30s style depression by the new year with businesses shutting down, mortgage defaults and public services breaking down.
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thats exactly where we are at mate, its just about sustainable as it is now, october will push many over the edge, so i think the deal will be pay what we are doing now and it will be capped or maybe thats wishfull thinking, i'd like to think that the lack of concern from number 10 indicates they have a plan,either that or it indicates they are inept and dont give a shit
 
west didsblue said:
We all know that unless the government do something we’ll all be paying 52p per kWH for electricity and 15p for gas which will be unaffordable for about half the population. Businesses will be paying even more making the price rises they will be forced to make to their products and services unaffordable to even more cash strapped people.
The government literally have no choice but to do something fairly drastic or we will be in a 30s style depression by the new year with businesses shutting down, mortgage defaults and public services breaking down.
Click to expand...

incorrect, All electrical providers come up with their own pricing.
I'm currently on less than the market cap with octopus not by much though but it all helps. The point is these people post I'm on £60 a month or whatever could still be on a fixed tariff, nobody knows apart from them so it's impossible to gauge anything from the posts
 
NJ Blue said:
My latest fixed price quote with octopus has the following rates:

Electricity: 71p per kWh/42p per day standing charge.
Gas: 20p per kWh/27p per day standing charge.

Our current rates are:

Electricity: 28p per kWh/42p per day standing charge.
Gas: 7p per kWh/27p per day standing charge.

Our monthly DD is £260 currently and this will go to £573 per month. We were paying £110 per month last year. This is not economically sustainable.

I added more loft insulation a couple of years ago and we have replaced the gas boiler. I run the heating flow temperature at 65 degrees to maximise the efficiency of the condensing boiler. We don’t have the heating on for really long periods, the thermostat is set at 20 degrees and it’s on for about 5 hours a day.

We don’t think it’s unreasonable to have a warm house in this day and age, but £6,886 for 12 months of gas and electricity is just ridiculous.
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this is the info we need, great post
 
BerkshireBlue said:
incorrect, All electrical providers come up with their own pricing.
I'm currently on less than the market cap with octopus not by much though but it all helps. The point is these people post I'm on £60 a month or whatever could still be on a fixed tariff, nobody knows apart from them so it's impossible to gauge anything from the posts
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Whilst all energy suppliers come up with their own pricing I'm willing to bet that without government intervention everyone will be paying within a penny of each other per unit unless they're on a fixed rate.
 
west didsblue said:
Whilst all energy suppliers come up with their own pricing I'm willing to bet that without government intervention everyone will be paying within a penny of each other per unit unless they're on a fixed rate.
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They won't be as people pay by direct debit/pre payment meter/ pay by bill all having different rates and standing charges. everyone is different
 
We need to frack out our own gas. Need a political party to get behind fracking and renewable energy and aim to be fully self-sustainable asap. The object being to then nationalise it in its entirety and supply affordable energy to all at cost rates and not spunk billions out to share holders and overpaid chief executives.
 
Aye, utter collusion. Who ever thought privatisation would create a profoundly broken oligopoly with prices rigidly high. Stinks, absolutely stinks. It has overtones of a cartel.
 
JOGAMIGMOG said:
We need to frack out our own gas. Need a political party to get behind fracking and renewable energy and aim to be fully self-sustainable asap. The object being to then nationalise it in its entirety and supply affordable energy to all at cost rates and not spunk billions out to share holders and overpaid chief executives.
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And your carbon footprint goes up 10-fold, on top of using more gas instead of less. And thousands of terraced houses got fucked up because of multiple mini-earthquakes. And you need a huge quantity of water supply to do fracking, the very same source that gets scarcer every year. And so many other 'ands', but finally you need somehow to convince a lot of people that black sludge coming out of their kitchen and bath taps is safe to drink and have a bath in. But I am sure Nigel would be able to persuade some it had overall benefits for them.
 
BerkshireBlue said:
Can people please stop posting things like "My bill was £72 last month". Start quoting in terms of £KWH and how many KWH you're expecting to use. Otherwise it's just nonsense numbers that mean very little to anyone.
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Fair comment.
However, I have no idea what I pay per KWH or what my daily standing charges are.
I am not going to prompt a conversation with my provider until I feel I have no other choice.
This may be naive, but it's a risk I am going to take at the moment.
I have refused to set up a DD or have a smart meter for probably close to 5 years now.
My provider texts me once a month for meter readings, once I have sent them they e-Mail the cost (I need to check with her indoors what detail is in the e-Mail as it may have the rates), and I post them a cheque (Yes I did say I post them a cheque).
My missus is somewhat old fashioned in her ways and still likes to "put money up". For years she has put £20 a week aside. For years this has been adequate for the summer months, with us having to put around an additional £30/40 a month during the winter.
I guess I must be in the minority with my arrangements.
 
NJ Blue said:
My latest fixed price quote with octopus has the following rates:

Electricity: 71p per kWh/42p per day standing charge.
Gas: 20p per kWh/27p per day standing charge.

Our current rates are:

Electricity: 28p per kWh/42p per day standing charge.
Gas: 7p per kWh/27p per day standing charge.

Our monthly DD is £260 currently and this will go to £573 per month. We were paying £110 per month last year. This is not economically sustainable.

I added more loft insulation a couple of years ago and we have replaced the gas boiler. I run the heating flow temperature at 65 degrees to maximise the efficiency of the condensing boiler. We don’t have the heating on for really long periods, the thermostat is set at 20 degrees and it’s on for about 5 hours a day.

We don’t think it’s unreasonable to have a warm house in this day and age, but £6,886 for 12 months of gas and electricity is just ridiculous.
Click to expand...
Christ, even your current rates look scary to me, your future ones are the stuff of nightmares.

We fixed for 3 years at the end of last September with EDF at:

Electricity unit rate: 20.05p per kWh/Daily standing charge: 24.87p per day
Gas unit rate: 3.951p per kWh/Daily standing charge: 26.12p per day

Lord knows where it'll be in 2 years if that's the difference after just 11 months.
 
Scouse Blue said:
Fair comment.
However, I have no idea what I pay per KWH or what my daily standing charges are.
I am not going to prompt a conversation with my provider until I feel I have no other choice.
This may be naive, but it's a risk I am going to take at the moment.
I have refused to set up a DD or have a smart meter for probably close to 5 years now.
My provider texts me once a month for meter readings, once I have sent them they e-Mail the cost (I need to check with her indoors what detail is in the e-Mail as it may have the rates), and I post them a cheque (Yes I did say I post them a cheque).
My missus is somewhat old fashioned in her ways and still likes to "put money up". For years she has put £20 a week aside. For years this has been adequate for the summer months, with us having to put around an additional £30/40 a month during the winter.
I guess I must be in the minority with my arrangements.
Click to expand...
You may have to adapt how you monitor your use age this winter. Having the heat on for 5 hours a day will probably cost about £20 a day.
 
NJ Blue said:
My latest fixed price quote with octopus has the following rates:

Electricity: 71p per kWh/42p per day standing charge.
Gas: 20p per kWh/27p per day standing charge.

Our current rates are:

Electricity: 28p per kWh/42p per day standing charge.
Gas: 7p per kWh/27p per day standing charge.

Our monthly DD is £260 currently and this will go to £573 per month. We were paying £110 per month last year. This is not economically sustainable.

I added more loft insulation a couple of years ago and we have replaced the gas boiler. I run the heating flow temperature at 65 degrees to maximise the efficiency of the condensing boiler. We don’t have the heating on for really long periods, the thermostat is set at 20 degrees and it’s on for about 5 hours a day.

We don’t think it’s unreasonable to have a warm house in this day and age, but £6,886 for 12 months of gas and electricity is just ridiculous.
Click to expand...
Fucking hell
 
Just had my bill

Elec = 26.686p per KWH
Gas = 6.993p per KWH
plus standing charges 40.23p per day elec and 25.923p per day gas
and plus 5% VAT

If these go any higher I'm fucked
 
Centurions said:
Christ, even your current rates look scary to me, your future ones are the stuff of nightmares.

We fixed for 3 years at the end of last September with EDF at:

Electricity unit rate: 20.05p per kWh/Daily standing charge: 24.87p per day
Gas unit rate: 3.951p per kWh/Daily standing charge: 26.12p per day

Lord knows where it'll be in 2 years if that's the difference after just 11 months.
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Best decision you ever made. Will save you a fortune.
 
A friend of mine who runs a pub sent me this...

Electric:
Daily charge=39p
Peak=82.6 (was about 17p)
Off-peak (weekends + 11pm-7am)=72.51

Gas:
Daily charge=15p (was about 4p)
Unit cost=20.71

So nearly 5x increase for electric, nearly 4x for gas.
Roughly then, that's the cost for power up from £7k to £30-35k
 
mancityvstoke said:
Just had my bill

Elec = 26.686p per KWH
Gas = 6.993p per KWH
plus standing charges 40.23p per day elec and 25.923p per day gas
and plus 5% VAT

If these go any higher I'm fucked
Click to expand...
That's the price cap figures.
Will be 52p for electricity and 15p for gas (including VAT) in October if the government don't do something.
 
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