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The energy crisis
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Old 17-07-2023, 15:35   #2311
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Re: The energy crisis

Regarding Agile, I switched a month or so ago and this app (on iOS) claims to show the savings made relative to a chosen (other) tariff for your region:

Octopus Compare

It claims that for the last month we spent £77.88 on Agile November 2022 v1 vs. £145.79 if we remained on the Standard Tariff April 2023 v1
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Old 19-07-2023, 15:38   #2312
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Re: The energy crisis

Quote:
Originally Posted by Sephiroth View Post
What is this country coming to? Smart meters put you at the mercy of the profit making utility providers. Conservatives shouldn’t have stooped so low. (Same with water).
Meanwhile I carry on paying on average 30% of the amount SVR (legacy) tariff users pay for the same usage. Using my smart meter with a smart tariff issued by a profit making utility provider.
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Old 19-07-2023, 18:07   #2313
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Re: The energy crisis

This has probably been posted but for Octopus Agile folks, this site is useful:

https://energy-stats.uk/octopus-agile-southern-england/
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Old 27-07-2023, 08:45   #2314
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Re: The energy crisis

Crisis, what crisis?

All good as the energy companies announce billions in profits and share buy backs.
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Old 27-07-2023, 11:55   #2315
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Re: The energy crisis

Quote:
French state-owned EDF reported this morning that its UK business made profits of almost €2.3bn (£2bn) for the first half of the year, up from €860m in the same months last year. That included the earnings from EDF’s nuclear power plants in the UK.

It said this increase was driven mainly by the regulated price cap, with EDF telling shareholders:

The rise in EBITDA is essentially explained by a recovery of margins in the supply business, driven mainly by allowances in the UK domestic default tariff cap allowing suppliers to recover costs incurred through the market turbulence of previous years.
11.21 BST here https://www.theguardian.com/business...-business-live

Two billion quid leaving these shores for the sunnier climbs of France.
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Old 27-07-2023, 12:06   #2316
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Re: The energy crisis

This is a crisis in its own right. I'd like to see a balance sheet that sets off past losses (as in Covid) against the recovery profits. If there is a net surplus for these companies, then there's something more than very wrong, particularly in respect of regulation.
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Old 27-07-2023, 13:11   #2317
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Re: The energy crisis

How do people's monthly bills compare lately?

For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff.
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Old 27-07-2023, 20:48   #2318
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Re: The energy crisis

Quote:
Originally Posted by SnoopZ View Post
How do people's monthly bills compare lately?

For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff.
Do you constantly shiver in winter?
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Old 27-07-2023, 22:49   #2319
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Re: The energy crisis

Quote:
Originally Posted by Mad Max View Post
Do you constantly shiver in winter?
Only when I get up at 5am on an Early Shift but obviously the heating isn't on at this time of year.
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Old 27-07-2023, 23:05   #2320
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Re: The energy crisis

Quote:
Originally Posted by SnoopZ View Post
How do people's monthly bills compare lately?

For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff.
Just received ours - electricity £106, gas £41, 30 days with a condenser boiler, 4 bed detached house.
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Old 28-07-2023, 06:04   #2321
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Re: The energy crisis

Our electric currently is around £95 a month while our Gas comes in at around £25 a month.
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Old 27-08-2023, 04:03   #2322
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Re: The energy crisis

The Price Cap will drop again on October 1st, from £2074 to £1923.
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Old 27-08-2023, 09:47   #2323
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Re: The energy crisis

Question for anyone on Octopuses normal Flexible Tariff.

Octopus are offering me a fixed tariff called 'Loyal Octopus 12M Fixed' and say I could save £33.36 a year on Electricity and £30.75 on Gas if I switched with their monthly estimate at £102.11 compared to £107.45 on my current Tariff. My latest monthly usages bill is £56.33 for Electricity and £25 for Gas, I pay £100 a month via DD and now £360.60 in credit.

I've never had a fixed tariff before so I really don't know if I should switch or not....
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Old 27-08-2023, 09:52   #2324
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Re: The energy crisis

Quote:
Originally Posted by SnoopZ View Post
Question for anyone on Octopuses normal Flexible Tariff.

Octopus are offering me a fixed tariff called 'Loyal Octopus 12M Fixed' and say I could save £33.36 a year on Electricity and £30.75 on Gas if I switched with their month estimate at £102.11 compared to £107.45 on my current Tariff. My latest monthly usages bill is £56.33 for Electricity and £25 for Gas, I pay £100 a month via DD and now £360.60 in credit.

I've never had a fixed tariff before so I really don't know if I should switch or not....
I am not sure. If Octopus was not charging £75 per fuel if you want to switch mid contract I would be on the fix already but the £150 charges puts me off

It is dropping in October then rising in Jan but then it is all clouded. If it drops a decent amount in April and July you could find you losing out
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Old 27-08-2023, 09:54   #2325
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Re: The energy crisis

Quote:
Originally Posted by Jaymoss View Post
I am not sure. If Octopus was not charging £75 per fuel if you want to switch mid contract I would be on the fix already but the £150 charges puts me off

It is dropping in October then rising in Jan but then it is all clouded. If it drops a decent amount in April and July you could find you losing out
Yes thats my train of thought too we just don't know.
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