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Thread: Energy costs up by £425

  1. #101
    Quote Originally Posted by David_D View Post
    But presumably they can deny access to particular tariffs if you donít want the smart meter?
    Presumably, but as you note, there are ways around it.

    My past two suppliers have said they would ask, but never did. Not sure how they can get away with that, but they've definitely not tried at all!

  2. #102
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    Quote Originally Posted by hughtrimble View Post
    They have to ask, but you don't have to have one. Some word it to seem like you have to, but you don't.

    I don't know if they've sorted the issue of some smart meters going stupid when you change supplier, but hopefully they have!
    It depends on the tariff you are going on. Iíve just switched to Octopus as Iíve just bought an EV, and if I want their EV tariff, then I have to have a smart meter fitted.

  3. #103
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    Quote Originally Posted by classics View Post
    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?
    Iím quite surprised at your annual estimate price increases. You electric is increasing much more than your gas but you expect to pay more over the year extra for your gas than your electric.
    I use far more electric than gas.

  4. #104
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    Quote Originally Posted by jaytip View Post
    I use far more electric than gas.
    Thatís very unusual, Iíd have thought. Do you have gas central heating?

  5. #105
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    Quote Originally Posted by hughtrimble View Post
    Presumably, but as you note, there are ways around it.

    My past two suppliers have said they would ask, but never did. Not sure how they can get away with that, but they've definitely not tried at all!
    As I said, I think they could just take you off the tariff if a smart meter is a condition of a particular deal. Iíd be interested to know whether that happens and if you can just keep putting them off doing the installation.

  6. #106
    Master Alex L's Avatar
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    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.

  7. #107
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    Quote Originally Posted by David_D View Post
    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 Iíd signed up for a smart meter condition. Think they wanted to come and fit on a particular day and I said I wasnít able to be there. They never asked again! I suspect theyíre more keen these days.
    EDF donít insist when you say you donít want one.


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  8. #108
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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!

  9. #109
    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

  10. #110
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    Quote Originally Posted by jaytip View Post
    Iím quite surprised at your annual estimate price increases. You electric is increasing much more than your gas but you expect to pay more over the year extra for your gas than your electric.
    I use far more electric than gas.
    I have GCH and a gas cooker so I expect a higher gas bill, I would assume electric would go up much more because of staying/working at home/Covid - using more electric due to watching the TV/satellite/cable, charging your phone, laptop, lights on earlier in the day, etc.

  11. #111
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    Quote Originally Posted by Velvetsnow View Post
    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
    Allegedly variable pricing. When demand goes up so does the price per unit. Itís cheaper than building new power stations. Of course if no-one has them the electricity companies will just load shed.

  12. #112
    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)

    Sent from my Lenovo K12 Note using Tapatalk

  13. #113
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    Quote Originally Posted by David_D View Post
    Thatís very unusual, Iíd have thought. Do you have gas central heating?
    I do, but itís not used between April and November. The only time the gas is used in the summer is for showering.

  14. #114
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    Quote Originally Posted by Velvetsnow View Post
    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

    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.

  15. #115
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    Quote Originally Posted by jaytip View Post
    I do, but itís not used between April and November. The only time the gas is used in the summer is for showering.
    Must have a super-insulated house. My gas use is a big multiple of electricity.

  16. #116
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    Quote Originally Posted by David_D View Post
    Must have a super-insulated house. My gas use is a big multiple of electricity.
    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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  17. #117
    Thanks for the info.

    A bit more reading required.
    Quote Originally Posted by David_D View Post
    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/

  18. #118
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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.

  19. #119
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    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!

  20. #120
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    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 ??



  21. #121
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    I think the fire at IFA1 converter has had a big impact on energy bills

    https://www.current-news.co.uk/news/...-higher-prices

  22. #122
    Master TKH's Avatar
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    This hit me as staggeringly stupid at the time..


    https://www.independent.co.uk/news/b...-a7463256.html

  23. #123
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    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 Iíll 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 donít 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.

  24. #124
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    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.

  25. #125
    Grand Master sundial's Avatar
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    Quote Originally Posted by reecie View Post
    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.
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  26. #126
    Grand Master sundial's Avatar
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    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.
    "After a certain age you got the face you deserve I think" ... Henri Cartier-Bresson

  27. #127
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    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.

  28. #128
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    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 itís capped at a cheaper rate than most suppliersí new increased tariffs.

    I havenít investigated the claim so who knows? I bet you canít switch to a standard variable though.

  29. #129
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    This is starting to look like a real mess https://www.bbc.co.uk/news/business-58619418

  30. #130
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    Quote Originally Posted by Peck View Post
    This is starting to look like a real mess https://www.bbc.co.uk/news/business-58619418
    Wow!

  31. #131
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    This is an interesting analysis of the situation - no idea if itís accurate and complete, so thatís a caveat:

    https://watt-logic.com/2021/09/21/gas-market-tightness/


    ďThe UK is particularly vulnerable to lower volumes of gas in Europe. Since the closure of Rough in 2017, the UK has operated a ďjust-in-timeĒ approach to gas procurement.Ē

  32. #132
    Iíve no idea what we pay. I should check. Saying that we are with Good Energy and have been for about 15 years and wonít bother switching.

  33. #133
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    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.

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