I just switched from Eon to Igloo and they have said my DD is going up £20. Kicking myself now for not taking Eons 18 month fixed tariff that was only £6 extra a month than Igloo.
I just switched from Eon to Igloo and they have said my DD is going up £20. Kicking myself now for not taking Eons 18 month fixed tariff that was only £6 extra a month than Igloo.
All,
If anyone needs a referral code for Octopus,
share.octopus.energy/nice-wind-544
I've jumped ship to them from BG. The link above is a referral code for the Old Man!
Best,
Ben
I am with Bulb and they told me that my costs for all electric are likely to increase by £1.29 a week. I pay £65 a month by DD and usually end up £130 in credit by the end of the year, which conveniently comes to £650 a year. Being social housing it's cold AF. I only have a bath, no shower, no dishwasher, no freezer. Heating is by a halogen heater or a fan heater. I have a tumble dryer. The immersion heater is on 24 hours a day as the landlord won't fit a timer. It's just me in the house. Two winters ago I tried to keep the temperature at 13 degrees C when I was in the house, but it's fairly miserable so last year I kept it up to 16 degrees C, which is better. This is too cold to be healthy though according to those in the know. I have been at work through the pandemic and the summer has been relatively kind this year.
Bulb also said
Your new prices
We're increasing our electricity unit rate from 18.876p to 20.824p per kWh and electricity standing charge from 26.881p to 27.384p per day.
These prices all include VAT at 5%.
...and by the way, there is always an electricity price increase just before winter in my experience. I will stick with Bulb, because my time is worth more than small increase, especially when you never know what you are going to.
That usage seems very reasonable compared to ours. The wife and I and 2 kids, 5 bed detached Victorian townhouse and in the last year we used 38500 kWh gas, 14700 kWh electric :(
Estimated bill for the next 12 months with Ovo is £4,800 so definitely going to be shopping around (and trying to figure out why we use so much energy!). Already done all the easy stuff like LED lighting, loft insulation, double glazing etc.
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Try obtaining a quote from AVRO https://my.avroenergy.co.uk/quote
"Well they would say that ... wouldn't they!"
No pool or hot tub, we do have 2 EVs but that only explains some of it. Electric usage has gradually increased from 7000 kWh in 2016 to 14500 this year. Gas usage has been pretty stable in the 34-42000 kWh band over the last 5 years.
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Last edited by stuie-t; 6th September 2021 at 10:27.
It’s a big volume to heat- 200+ Sqm and high ceilings, solid brick walls. There is always someone home so no period when the heating is off during the day. I have reduced the thermostat temperature to 20.5 from 21 which has brought usage down a bit.
The boiler is a pretty efficient Worcester Bosch thing but a 42kw one as is needed for the heating demand.
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"Well they would say that ... wouldn't they!"
Current deal due to end on 28/09/21, after the fixed rate ends im looking at 47.5% increase from the same provider, time to do some shopping!
I don’t think you would ever recoup the investment. After shopping around a bit I can get the gas bill down to about £1400 per annum, to strip out the existing heating system with 17 radiators and replace with underfloor heating would be very expensive for the system alone even before considering making good the walls, replacement floor coverings etc.
Agreed the foot of air directly below the ceiling is appreciably warmer. I expect the top floor landings particularly so since that’s the highest point. Maybe a ceiling fan there to circulate the air a bit would help?
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Just checked mine off the back of this... currently on a 1 year fix ending Feb 2022 so we're ok for this winter but looks like it's going to be an extra £200-250 a year when I do have to renew
Ours is a 6 bed detached house - similar situation with somebody at home all the time, my wife and I and 2 teenage lads (one of whom is disabled so we keep the house warm at about 20c and the washing machine is on every day) but our gas usage is half that. House was built in 2000, wet underfloor heating that stays on a constant 20c throughout the winter, and all we have gas wise is the hot water and heating. We even have an outbuilding/play room for our youngest and that has been heated by a couple of gas wall heaters for a few hours a day for the last year. Plus our 20 year old seems to have become semi aquatic with his love of showers. So that level of usage is a bit of a shocker tbh, made me feel a bit better about our heating costs though!
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I’m with Eon but this was formally NPower before they became one and the same. I was on a fixed tariff until July of this year which I’d been on good the last 2 years.
I thought it would be straight forward to shop around, go on some comparison websites and get a comparable/ cheaper deal.
Oh how naive I was. Had alto settle for an increase of £300 as the best option. I looked everywhere, tried different suppliers for gas and electric as well as dual fuel quotes. Nobody could get anywhere near.
The cost of everything keeps increasing and wages are staying broadly static. It’s bonkers.
Was with GNE for electric who went squit earlier in the year and they moved it to EDF. Part of the deal was offering a cheaper deal than we were on until the end of September. The deal they’ve now offered is nearly treble what I’m paying. Even doing a comparison switch I’m looking at at least 50% more.
Last year oil was around 18p a litre, when I topped up in March it was 40p plus, no doubt that will rocket too.
I am on agile with octopus that has gone through the roof recently.
I only have electric and they have offered the following 24 month fixed if anyone is interested
Standing charge (24.3)p
Unit per kw 19.73p
That seems about the best in recent price hike.
Last edited by Middo; 8th September 2021 at 15:37.
I have been looking at the Octopus Go tariff for electricity as it looks competitive at the moment but who knows if it will stay that way.
Standing charge 25p
Per kw 15.9p
Per kw (EV charging rate 00:30-4:30) 5p
Their current variable gas rates are also good but the fixed rates are horrible (26.59p standing charge, 5.08p per kw)
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Am I the winner? The very inappropriately named Outfox the Market want to put my dual fuel deal up by 47.6%!!!!
Last edited by David_D; 10th September 2021 at 11:50.
Not sure what to do here. We are on a variable rate with octopus and out of contract. I called to enquire about fixing and inevitably it’s more expensive.
To fix on their best rate for 2 years we would be looking at the below change:
- Electricity increasing from 17.87 per kWh to 20.75.
- Gas increasing from 2.88 per kWh to 4.95.
I have no idea if prices will increase above the 2 year fix rate and as such if it’s worth taking it out.
Any insight appreciated!
Cheers
Stu
I'm on a variable tariff and my electricity is going up but not by a huge amount, circa 9% increase annually.
I guess the tariff was expensive in the first place.
Last edited by Stuno1; 10th September 2021 at 11:36.
The Avro fix was for a year but with no early release penalties if you want to change at any time to another supplier.
Rates were:
Electricity - 17.85 kw/h 19.215 ständig charge
Gas - 3.46 kw/h 17.85 standing charge
Still a lot more than my just-ended fix, but substantially better than the alternatives I was offered
You can get much better rates for gas than that. I just fixed my gas supply with Ovo at 3.82p/ kWh. For electric I am moving to the Octopus Go tariff which is electric only and 15.9p /kWh daytime but with 25p standing charge
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Following Martyn Lewis’s email about my GNE/EDF deal I’ve moved across to Octopus on a 2 year fixed rate deal with no penalties for leaving. A lot more than I’m currently paying, but a lot less than what I’d be going up to. There were a couple of cheaper deals that his comparison site offered but cam with caveats about poor levels of service. Saving a tenner a month for loads of hassle isn’t worth it.
My Solar panels and Tesla Powerwall is looking like a even better investment (providing the sun shines).
Whoever does not know how to hit the nail on the head should be asked not to hit it at all.
Friedrich Nietzsche
This might be interesting
https://www.instagram.com/p/CTzSoU1jfWZ/
seems via Uswitch there were no better deals and staying with the current provide was the thing to do - until i realised that uswitch show only the deals they can facilitate as default. Go into the filter and turn this off, youll see all the deals available. school boy error.
Spotted similar when I was looking on Moneysupermarket. Cheapest magically drops 30%!! The word shysters springs to mind.
Think I might go for the EDF fix until 31/3/24. A definite hike on what I’ve been paying but gets me through 3 winters and “only” about 10% more than the cheapest deal (with decent customer service). No exit fee.
EDIT: Cancel that. They want to fit a smart meter as one of the conditions!
Last edited by David_D; 14th September 2021 at 17:27.
Well, FWIW, I’ve just been notified that my energy company, PFP Energy, have just ceased trading & that their customers have been transferred to British Gas.
I’d only recently transferred from Scottish Power. I had only ended up with SP because Yorkshire Energy had ceased trading earlier this year.
Hmmm, I wonder which energy company that I choose will be next… 🤔😂
We pay around £280 per month dual fuel for a 6ksqft modern house. We were on GNE so ported over to EDF. Couldn’t beat the EDF 3 year fixed really with anyone with decent customer service so swallowing the additional £100 per month. If costs reduce it’s only £70 to move so not a barrier at this cost level. Electricity is my fault as we run a server room at home with everything on all of the time plus a cinema room on standby. Still very expensive though isn’t it? Maybe we’ve gotten to used to cheap energy?
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No, without going all Bear Pit, we're being ****ed for zero carbon.
Meanwhile ...
https://www.bbc.co.uk/news/world-europe-58520563
Germany's government estimates that "natural gas will continue to make a significant contribution to energy supply in Germany over the coming decades", saying it is "more climate-friendly compared to other fossil fuels as it produces less CO2".
https://www.ft.com/content/9c3228f3-...7-8fb29dcbfda4
Datteln 4, a coal-fired power plant which opened last month in Germany's industrial heartland
The other annoying thing is there is no way of looking for the best deal on gas and electric, factoring in different suppliers for each at the same time. You can either search gas, or electric, or dual fuel but not dual fuel from different suppliers.
Switching to Octopus go for electric and a new fixed rate for gas with OVO will save us about £1,000 compared with staying on the variable rates with OVO and several hundred versus the best dual fuel tariffs on the comparison sites.
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Wondering if I made the right decision in switching to AVRO ... they took the first direct debit today.
"Well they would say that ... wouldn't they!"
This was the first DD prior to the official switch date ... Next week final meter reading taken ... Then existing supplier OVO takes final DD and refunds any Cr balance. I change supplier most years ... This year the AVRO quote (not through an energy cost comparator site) seemed 'too good to be true' compared to staying with OVO but I took the chance and switched. Now wondering how long AVRO can survive if most of their customers are on the same low tariff as me ... and if AVRO goes bust, which energy supplier I might end up with and at what cost.
"Well they would say that ... wouldn't they!"
I have duel fuel with British Gas
Gas
Standing charge per day from 26.601p to 26.123p -0.478p
Unit rate per kWh from 3.459p to 4.187p +0.728p estimated £70 rise per annum
Electric
Standing charge per day from 23.316p to 23.307p -0.009p
Unit rate per kWh from 18.904p to 20.773p +1.869p estimated £40 rise per annum
Previously when I thought about switching, every company wanted to put a smart meter in, does anyone know if that is still the case?
Unfortunately, in my view anyway, seems likely to be the case. Was about to push the button on the EDF 2 1/2 year fixed and then noticed the smart meter requirement. Similarly Sainsburys (which I think is EON) although bizarrely for fixed but not standard variable tariffs.
I did manage to get away with it a couple of years ago when I realised I’d signed up for a smart meter condition. Think they wanted to come and fit on a particular day and I said I wasn’t able to be there. They never asked again! I suspect they’re more keen these days.