Just received an email from Octopus saying we use 6,927 kWh per annum and the rate from 14th October will increase from 17.3565p (per kWh) to 19.7400p (per kWh) so around a £170 annual increase. We don't have gas but already noticing the oil price is on the increase too.
EDF don’t insist when you say you don’t want one.
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Moving across on a dual fuel tariff 12 month fix to e-on. We will be paying £230 more over 12 months but octopus would have been £520 more!
What's the reluctance to fit smart meters? Octopus have asked to fit one and I agreed not giving it a second thought.
Are they unreliable or is there another issue?
Thanks
No they won't load shed.
Not in domestic situations at least. Some I&c customers perhaps who will be aware of the risk before signing volume risk contracts.
In addition huge amounts of dispatchable plant is at the behest of the system operator (pumped storage) to avoid that situation.
Lastly, there are reserve contracts for keeping old plant available to dispatch in times of imbalance.
It's an absolutely terrible system. I'm frankly astounded the lights have stayed on for so long.
This is the crunch the industry has been banging on about for a decade (back when they had a spare 10gw of despatchable capacity)
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And they can cut off your electricity remotely.
But variable pricing is certainly an issue.
Nothing particularly positive here:
https://lookaftermybills.com/blog/ad...-smart-meters/
Last edited by David_D; 15th September 2021 at 17:00.
Our gas use is a multiple of electricity use in KWh but the cost of electric per kWh is 5* that of gas so overall our electric bill is nearly double the gas one.
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https://www.bbc.co.uk/news/business-58579829 this won't help and makes it a bad time to renew. Hope it won't take some of the smaller companies down with it either.
My current contract with Avro was coming to an end on 28th Sept 2021 - probably worst time to renew. Best place to go with was Sainsburys on 12m no exit fee deal.
Was paying £101.01 with Avro, now paying £148.09 with Sainsburys (thats dual fuel for both providers). Thats a sweet 47% increase or £565.
Just got wait for the NI changes for the cherry on top!
I am with Avro
this is their current and suggested renewal..
what I found interesting was the reason for the current price rises = The recovery of the economy post Covid has seen a surge in energy demand and low 'wind' ...hmmmm lots of questions ??
I think the fire at IFA1 converter has had a big impact on energy bills
https://www.current-news.co.uk/news/...-higher-prices
This hit me as staggeringly stupid at the time..
https://www.independent.co.uk/news/b...-a7463256.html
Glad most of my heating is still oil fired right now! I find it extremely cheap to run. I use around 1400 litres a year to heat a 4 bed detached house with a wife who leaves the windows open after a shower and forgets to close them most days.
I was lucky enough to buy 5500L of oil at 14.1p/L when Covid kicked off early 2019 and I had a fair bit already so I’ll not need to top up again until late 2022 or even 2023. I always buy cheap in summer months and if you order from boiler juice on a Saturday they take an extra 3p/L off their weekday prices. Take that with free economy delivery and your winning.
Cooker is gas and I run it on 47L Calor bottles. A pair lasts a year and I don’t pay for it, my wife is senior management at Calor and staff get it as cheap as you would expect 👍
Last edited by Mrbarry; 18th September 2021 at 18:16.
https://www.ofgem.gov.uk/publication...al-information
I moved to Avro in March after the YE failure In Dec 2019 via Scottish Power. The above does nothing to assure me I won't be moved in the near future at the worse time for pricing.
AVRO could be OK
... as at 17 September:
https://www.energy-review.co.uk/avro-energy-review/. ... but further news awaited ... I've just switched to AVRO ... if they go bust I'll shop around again ... ttbomk no exit fees applicable to whichever energy provider I might be switched to if AVRO fails . But wish I'd stayed with OVO and not switched to AVRO.
An energy supply 'broker' knocked on my door yesterday and tried to persuade me to switch to British Gas ... he had all my usage figures on his tablet and offered me cheaper standing charges ... I should have taken note of his company's name ... I declined his offer .. I was too busy to calculate whether or not British Gas offered a better overall potential deal
My current AVRO plan rates:
Tariff
Simple and Fix12M
Type
Fixed
Electric Standing Charge
17.85p per day
Electric Unit Rate
19.48p per kWh
Gas Standing Charge
17.85p per day
Gas Unit Rate
3.46p per kWh
All rates include VAT at 5%
I have a SMART meter ... but not all energy providers can access its data / readings
One reason I switched is that OVO sometimes could and sometimes could not access my SMART meter ... so I often submitted manual meter readings ... especially when they estimated the readings
Last edited by sundial; 18th September 2021 at 18:57.
"Well they would say that ... wouldn't they!"
If your energy supplier goes bust:
"The gas and electricity regulator Ofgem will arrange for your account to be transferred to a new supplier.
"There won't be a break in your supply when it's transferred over, although the price you pay for your energy might go up - and that's when you can consider switching supplier, and you won't be charged an exit fee to do so."
Further information about the collapse of the energy firms can be found on the Ofgem website.
https://www.ofgem.gov.uk/publication...peoples-energy
Last edited by sundial; 18th September 2021 at 20:14.
"Well they would say that ... wouldn't they!"
Apparently the "big" companies enter an auction for these new customers normally but the thinking is they may be less inclined to do this in the current market. Either way you end up being put on to a tariff which maybe competitive but especially currently it is likely to be a lot higher than you were on and it is going into autumn/winter where the usage (and cost therefore) will be a lot higher. It also takes a while to get things sorted to the point of being able to move again.
I was listening to Moneybox on R4 this evening and a honcho from Octopus suggested that being on a standard variable tariff could be the best thing at the moment and for the next few months as it’s capped at a cheaper rate than most suppliers’ new increased tariffs.
I haven’t investigated the claim so who knows? I bet you can’t switch to a standard variable though.
This is starting to look like a real mess https://www.bbc.co.uk/news/business-58619418
This is an interesting analysis of the situation - no idea if it’s accurate and complete, so that’s a caveat:
https://watt-logic.com/2021/09/21/gas-market-tightness/
“The UK is particularly vulnerable to lower volumes of gas in Europe. Since the closure of Rough in 2017, the UK has operated a “just-in-time” approach to gas procurement.”
I’ve no idea what we pay. I should check. Saying that we are with Good Energy and have been for about 15 years and won’t bother switching.
I was with Utility Point until they went bust last week! Being told to sit tight until somebody takes over the supply and no doubt starts charging us an arm and a leg.
I’m in credit by about two months DD amount with Green.
Just cancelled DD as it looks like they are about to go.
To be honest choice is limited when it comes to 100% renewables. And I don’t mean those carbon swap cons. Green Energy seems well run and they have great customer service. So we stick with them. We genuinely have been with them about 15 years.
We currently pay about £200 per month for a largish house family of four for combined gas and electric. No smart meters yet as Good Energy hasn’t rolled them out.
Last edited by dougair; 21st September 2021 at 19:42.
I’ll have to check them out (although the quote section is currently offline). Says in relation to gas:
”Carbon neutral gas -10% is biogas from organic matter such as farm waste. The rest we offset through carbon reduction schemes.“. Not sure how that compares to other providers??
That is not correct based on https://www.ofgem.gov.uk/news-and-vi...firms-collapse
Though the Martin Lewis advice is to probably ask to go on the variable rate protected by the energy cap as whilst it goes up in Oct it is based on the last 6 months prices. So you then have a "cheap" fixed rate in effect until the new price cap in April 2022 by which time hopefully things will have normalised more.Could bills go up?
When we appoint a new supplier using the Supplier of Last Resort process, we try to get the best possible deal for customers.
Suppliers we appoint will likely put you on a special ‘deemed’ contract when they take on your supply. This means a contract you haven’t chosen. A deemed contract could cost more than your old tariff, so your bills could go up. However, they are covered by the energy price cap Ofgem sets, which ensures you get a fair price if you are put on one.
When contacted by the new supplier, it’s best to ask to be put on their cheapest tariff or shop around if you want to. You won’t be charged exit fees. This is a challenging time in the market and we know that there may not be many tariffs available when shopping around right now.
Deemed contracts can cost more because the supplier takes on more risk. For example, they might have to buy extra wholesale energy at short notice for new customers. So they charge more to cover these costs.
Right on cue Avro and Green have both now ceased trading. So second time in 9 months for me.
We've just had the email to say we've ben 'ported' to British Gas from Peoples Energy.
Cheers..
Jase
I switched to Igloo earlier this year only for them to up my DD`s twice in as many months.
I thought, `I`ll show them`, and switched again going to Avro after reading about them on here, and i`ve just heard on the radio they`ve gone bust!
They took the first DD from me earlier this month and the switching day was tomorrow if i remember correctly, will i get that back?
That showed them, eh!!
What a clusterf**k this is becoming..
Last edited by E_2_Right-Force; 22nd September 2021 at 15:55.
Oh ****! Got my mother on a fixed deal with Avro in April and they’ve just gone under.
Must be a lot of energy firm staff losing their jobs. Feel sorry for them.
Last edited by David_D; 22nd September 2021 at 16:02.
My new Avro tariff
My current AVRO plan rates:
Tariff
Simple and Fix12M
Type
Fixed
Electric Standing Charge
17.85p per day
Electric Unit Rate
19.48p per kWh
Gas Standing Charge
17.85p per day
Gas Unit Rate
3.46p per kWh
All rates include VAT at 5%
... so assume it's a fixed tariff with effect from date of changeover which according to contract was yesterday and the allocated 'taking over from Avro' energy provider (whichever co. this might be) is bound to honour the previously negotiated / agreed tariffs ?
No OFGEM email yet rec'd
dunk
Last edited by sundial; 22nd September 2021 at 16:10.
"Well they would say that ... wouldn't they!"
Sadly, I doubt that very much.
https://www.moneysavingexpert.com/ne...thing-you-nee/
https://www.moneysavingexpert.com/latesttip/
Last edited by David_D; 22nd September 2021 at 16:15.