Gold plated electrons?I’ve been told my electricity bill is going up by approx 400/year from January
I’ve been told my electricity bill is going up by approx 400/year from January
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Something odd going on, because on one hand they say this, yet my direct debit is going up by £31. That maths doesn’t add up
At 10p per KWH, that would be 10kw.People who have gas central heating, can you tell me is gch meant to cost £1 an hr? Is this usual, cos it sounds a bit high to me.
I don't have a smart meter so I can't assess how much the GCH costs to run when it's 'on' but I know for November, as a whole, it cost me £4.63 per day (including hot water and gas hob).People who have gas central heating, can you tell me is gch meant to cost £1 an hr? Is this usual, cos it sounds a bit high to me.
People who have gas central heating, can you tell me is gch meant to cost £1 an hr? Is this usual, cos it sounds a bit high to me.
Depends on how much your boiler is using at that given moment, it only uses gas when the burner is running. I've seen mine using over a £1 an hour a couple of times but that is at 6am when the heating has literally just come on and the water in the system is cold. Most of that energy is being used in heating that water up from 20C or whatever it has cooled to overnight back up to 60C again. Once it gets the water in the CH hot the consumption will nose dive as it just has to keep topping the heat up.People who have gas central heating, can you tell me is gch meant to cost £1 an hr? Is this usual, cos it sounds a bit high to me.
Storage heaters and an immersion heater for hot water. There’s no gas in the property at all, hence Economy 7.I assume those rates inc. VAT, so your increase is £246pa / 12 = £20.50 pm extra, not £31. At your current £2157pa you should already have been paying a whopping £179,75pm, perhaps you have been slightly unpaying?
I thought it was odd that your rates are going up in Jan, as standard rates are still subject to the energy price guarantee, that's the £2,500 pa for combined electric & gas for the 'average home' that gets bandied about, until 1st Apr when it goes up to £3,000 pa. I see you're with OVO, and a quick dig around I see they are putting up economy 7 rates, but I can't find anything in the energy price guarantee that covers economy 7 rates, which is a bit odd.
Those new unit rates are increases of about +5% daytimes, and +20% overnight, which has me wondering if being on economy 7 rates is actually worthwhile for you.
I am with OVO on their single day & night rate, and they are not increasing those. The exact split between unit rate & standing charge varies from company to company, and there's some small regional variations too, but the energy price guarantee inc. VAT is 34.04p per unit/SC 46.36p per day. whereas I am paying inc. VAT 35.31p per unit/SC 42.67p per day, which suits me as a low user.
Now the big question is if you would be better off on the single day & night rate, and that depends on how much electric you are using overnight at the lower rate compared to the day rate usage, my brother uses both the washing machine & dishwasher overnight and was surprised that he was paying more overall on economy 7 rates and higher standing charge, so switched to the single rate.
Storage heaters, or grow lights running at night, are the big things that I can think of that would make being on economy 7 worthwhile.
I assume you are heating with electric, because 7553kWh a year is a hell of a lot, mine is going to be well under 1000kWh going forward, but I have gas for heating & hot water.
I would suggest you look at your 2022 energy use so far in your OVO account, and see how much you are using at the different rates, calculate those at both the new 40.26p & 24.48p rates, then add the kWh used together and calculate that at the 34.04p single rate, plus make an adjustment to the standing charge you are going to be paying at 49.23p compared to mine at 46.36p per day, and see if it's worth changing.
Or, if it helps, post up or PM me a screen grab of this below, and I'll work it out for you.
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(Yours should show 2 different rates of electric, instead of a line for gas).
Storage heaters and an immersion heater for hot water. There’s no gas in the property at all, hence Economy 7.
and are the night storage heaters releasing the heat when you need them to.
They’re perfectly designed to release all the heat during the day when I’m at work, and to have run out almost precisely when I usually get home.and are the night storage heaters releasing the heat when you need them to.
My supplier seems to have woken up to the fact that they're only charging me for some of the power I use.
After being able to only input one meter reading rather than both for the last year, they're now messaging me asking for two.
Sadly I can't help as their emails have gone into my spam box and I haven't seen them.
I only recently learned that economy 7 daytime tariffs were higher than normal tariffs, which I find strange since surely people are doing them a favour taking night-time power.
Don't ever let them install "smart" meters. I ended up with a big bill the month after they did that here.
I had storage heaters in my flat 1978-1986 and the daytime tariff was higher than the "normal" tariff then - so I don't think you are right on this particular.They didn't used to be, I've no idea when that changed, but when I pointed it out to my brother, he found he would save money by switching to the normal tariffs.
I had storage heaters in my flat 1978-1986 and the daytime tariff was higher than the "normal" tariff then - so I don't think you are right on this particular.
Why on earth would anyone not be on E7 then? Granted I've only lived here 20 years, but it's been that way for the entirety of that time. It simply wouldn't make sense to even have a normal tariff if E7 wasn't pricier during the day.I know people that had storage heaters in the 90s and that wasn't the case for them, but it had all been privatised by then, so probably varied depending on supplier.
Why on earth would anyone not be on E7 then? Granted I've only lived here 20 years, but it's been that way for the entirety of that time. It simply wouldn't make sense to even have a normal tariff if E7 wasn't pricier during the day.
Martin Lewis has put something up today on fb saying economy 7 people are getting screwed and it’s probably cheaper to move to a single tariff. Proper article incoming and that he’ll be lobbying ofgem
Surely you took a closing meter reading yourself, to ensure it was correct before having the meter changed?