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Post by mostlywrong on Aug 28, 2022 13:51:01 GMT
Thanks. Roughly from 28p to 51p per KWh. 52p is in fact what's on the Ofgen website. The "typical household" mentioned everywhere in the media is really the Ofgem central case Typical Domestic Consumption Value (TDCV) i.e. 2,900kWh per annum for electricity and 12,000kWh per annum for gas. So we could calculate the p/kWh from the Cornwall Insight forecasts, assuming the standing charge remains at 46p/day = £167.90/year. E.g. £2,505.14 in Q1 2023 would be (2,505.14 - 167.90) / 2,900 = 81p/kWh. Period | £/annum | p/kWh | Q1 2023 | 2,505.14 | 81 | Q2 2023 | 2,834.19 | 92 | Q3 2023 | 2,445.11 | 79 | Q4 2023 | 2,464.99 | 79 |
Thanks, MRK.
I am not too worried by the figures predicted by Cornwall Insight (who, on earth, are they?) because I think they are only a "wet finger in the wind" job and demand destruction has already started and will continue apace.
That will bring down the energy costs fairly rapidly. General Winter will, of course, interfere with my view of the energy markets but that is to be expected!
But I am a little worried by the figures you quoted from OFGEM for domestic consumption.
I am only just starting to grapple with this but 2900/365 = 7.95KWh per day which is way below my domestic consumption.
I wonder where I am being profligate with my energy?
So, if I vanish from the board it will be because I can no longer afford to switch on the computer....
MW
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Post by Deleted on Aug 28, 2022 14:16:14 GMT
ideas worth trying
take a candle for a walk though the house with all doors and windows closed, if it moves you have a draught, fix it.
On a hot day walk through the house feeling walls and ceilings. If they feel hot then your insulation is terrible
If you have an airing cupboard and it is hot feel the outside walls and door. If they feel hot then the cupboard and tanks insulation is terrible,
If your kettle is short and squat, it's terrible.
Learn to judge what is mug full, boil just a mug full
Put a timer in the shower and get to judge what is 1 minute and 2
If you have electronics in a cupboard and it is hot inside then something is wasting energy
If you have solar work out when they are in shadow and set timers to indicate sun on/sun off. Do all the high energy projects during the on period, so washing clothes, dishes, bread maker, car charger even hot air heater if you are staying below your energy production threshold.
energy saving lights, if any light is hot to the touch it is making too much heat and not enough light, replace
cooking can be done in a single saucepan, but often you need two. But try this, boil potatoes and put a steaming rack in your vegetable pan so that you steam your veg above the pots. Jamie Oliver is doing single pan cooking series at the moment, worth a look. One pan, one washup, one heat ring.
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mrk
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Post by mrk on Aug 28, 2022 14:27:20 GMT
I am not too worried by the figures predicted by Cornwall Insight (who, on earth, are they?) because I think they are only a "wet finger in the wind" job and demand destruction has already started and will continue apace. Well they're just a consultancy but they did predict what happened with the April and October caps pretty accurately, so they certainly understand the market better than I do. Of course predictions further ahead are more likely to change, but at least the January one is probably fairly reliable.
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Post by captainconfident on Aug 28, 2022 14:31:52 GMT
Just as an aside, I was listening with half an ear to World Service, and it was an interview with some Englishwoman who had spent some time living in Las Vegas or similar, and the interviewer asked, "What was the biggest difference you noticed between living there and living in Britain"?
Surprised by her answer: "What I noticed immediately was that nobody anywhere had hung their washing out. Because it turns out that in every American home there is a drying machine next to each washing machine, even though the temperature outside was over 40 degrees!".
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travolta
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Post by travolta on Aug 28, 2022 21:31:47 GMT
Despite the disaster of P2P I'm well off (Compared to 65 years ago) So I think I'll just grind the faces of the poor and go run a deep hot bath........
.....then go light my nightlight if I can find a plantpot thats not plastic.
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Post by Badly Drawn Stickman on Aug 29, 2022 7:49:12 GMT
Despite the disaster of P2P I'm well off (Compared to 65 years ago) So I think I'll just grind the faces of the poor and go run a deep hot bath........ .....then go light my nightlight if I can find a plantpot thats not plastic. Would a jam jar not be better? Clearly for the light and not the bath.....
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Post by mfaxford on Aug 29, 2022 10:03:39 GMT
.... However I have storage heating and an economy 7 tariff, and found myself doing strange things recently:
...
I don't normally shop around for my energy supplier, but might need to start looking.
Save your time, don't bother. As MSE says, there is no competition out there now. Prices have risen to the extent that every major supplier is now pegged to the government capped rate. So you'll get pretty much the same tariff wherever you move (besides which I believe most suppliers are not taking on switchers right now?). From a very quick look a month ago there seems to be a bit of a difference in the economy 7 markets where the split between day and night rates can vary between suppliers. Although it's not that easy to compare rates between suppliers at the moment and I suspect the difference might not be large enough to make it worth the effort.
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agent69
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Post by agent69 on Aug 29, 2022 11:02:21 GMT
Save your time, don't bother. As MSE says, there is no competition out there now. Prices have risen to the extent that every major supplier is now pegged to the government capped rate. So you'll get pretty much the same tariff wherever you move (besides which I believe most suppliers are not taking on switchers right now?). From a very quick look a month ago there seems to be a bit of a difference in the economy 7 markets where the split between day and night rates can vary between suppliers. Although it's not that easy to compare rates between suppliers at the moment and I suspect the difference might not be large enough to make it worth the effort. Just tried USwitch and got the message
Consider staying put, there are no cheaper fixed deals available so you might want to stay put for now. But check again soon to see if you could switch and save.
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Aug 29, 2022 11:23:02 GMT
Looking at rates available and given the cap is likely to be 52P or so, many of the fixed tariffs I can see are 65p plus, scary when you think not long ago 15p was considered high
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travolta
Member of DD Central
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Post by travolta on Aug 29, 2022 11:50:27 GMT
Despite the disaster of P2P I'm well off (Compared to 65 years ago) So I think I'll just grind the faces of the poor and go run a deep hot bath........ .....then go light my nightlight if I can find a plantpot thats not plastic. Would a jam jar not be better? Clearly for the light and not the bath..... no no ,nightlight in earthenware is aheat source youtu.be/nzKbFzUEWkAI used to do this when I was a starving artist in a garret ...I kid you not .
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Post by mfaxford on Aug 29, 2022 21:38:32 GMT
From a very quick look a month ago there seems to be a bit of a difference in the economy 7 markets where the split between day and night rates can vary between suppliers. Although it's not that easy to compare rates between suppliers at the moment and I suspect the difference might not be large enough to make it worth the effort. Just tried USwitch and got the message
Consider staying put, there are no cheaper fixed deals available so you might want to stay put for now. But check again soon to see if you could switch and save.
and similar on the other switching sites - and if you try looking for rates from most suppliers. Very annoying if you actually need to find an energy supplier (as I was having to do a few weeks back). Looking at the two energy companies I have some prices for they have different day/night rates for economy 7. 1) Day 30p/kWh, Night 21p/kWh 2) Day 33p/kWh, Night 17p/kWh
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
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Post by keitha on Aug 29, 2022 22:27:09 GMT
and similar on the other switching sites - and if you try looking for rates from most suppliers. Very annoying if you actually need to find an energy supplier (as I was having to do a few weeks back). Looking at the two energy companies I have some prices for they have different day/night rates for economy 7. 1) Day 30p/kWh, Night 21p/kWh 2) Day 33p/kWh, Night 17p/kWh so you have to calculate what percentage you can shift to the E7 period either 30 or 33P is ridiculously low
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agent69
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Post by agent69 on Aug 30, 2022 8:04:27 GMT
Just tried USwitch and got the message
Consider staying put, there are no cheaper fixed deals available so you might want to stay put for now. But check again soon to see if you could switch and save.
and similar on the other switching sites - and if you try looking for rates from most suppliers. Very annoying if you actually need to find an energy supplier (as I was having to do a few weeks back). Looking at the two energy companies I have some prices for they have different day/night rates for economy 7. 1) Day 30p/kWh, Night 21p/kWh 2) Day 33p/kWh, Night 17p/kWh My current tariff is 33p / 18p with 52p / day standing charge with EDF
Use over the last year is 35% day and 65% night (with no real effort to run appliances at night)
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
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Post by keitha on Aug 30, 2022 10:15:42 GMT
and people need to remember the CAP only applies to the default tariff you drop onto when your current one ends, A one year fix from now will make your eyes water
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Post by bernythedolt on Aug 30, 2022 11:03:22 GMT
and similar on the other switching sites - and if you try looking for rates from most suppliers. Very annoying if you actually need to find an energy supplier (as I was having to do a few weeks back). Looking at the two energy companies I have some prices for they have different day/night rates for economy 7. 1) Day 30p/kWh, Night 21p/kWh 2) Day 33p/kWh, Night 17p/kWh so you have to calculate what percentage you can shift to the E7 period either 30 or 33P is ridiculously low And will only last another month. Come 1st October, they are highly likely to increase by ~80%, in line with the cap increase.
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