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Electricity price predictions

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(@papahuhu)
Reputable Member Member
Joined: 9 months ago
Posts: 255
 

@jamespa 

Yes another missed opportunity yesterday, but one day justice will be served.
Going after the pope was a particularly dumb move, now he’s in the sights of both Vatican and mafia. My money would be on 2027 Ides of March, that would be a classy touch.



   
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Majordennisbloodnok
(@majordennisbloodnok)
Famed Member Moderator
Joined: 4 years ago
Posts: 1763
 

Posted by: @papahuhu

@toodles 

Yes Octopus customer services was very upfront, they told me it is was 50/50 whether IOF and OF ever returns even if wholesale costs stabilise. Shame, as I really didn’t want to leave, but I’m a tight arse.

I don’t know how one business can offer a 25% higher export rate than another, it’s either viable or it’s not.

 

If TOU tariffs disappear this winter, I’m left with little option but to reinstate our gas.

I'd agree with @jamespa; the issue is not whether ToU tariffs will still be around but what format they'll take. Octopus tend to treat their ToU tariffs as experiments, and in the case of Octopus Agile are explicitly upfront about that being the case. Perversely, my gut feeling is that Agile is the most likely to continue since it's not locking Octopus into anything at all apart from a ceiling of £1/kWh.

@jamespa, regarding the rest of your summary I'd have to say it's a pretty cynical view of the situation and I'm feeling very much in a cynical mood so whilst I was reading it I was nodding like a Churchill dog. It's somewhat depressing that outrageous assumptions no longer sound like hyperbole.

 


105 m2 bungalow in South East England
Mitsubishi Ecodan 8.5 kW air source heat pump
18 x 360W solar panels
1 x 6 kW GroWatt battery and SPH5000 inverter
1 x Myenergi Zappi
1 x VW ID3
Raised beds for home-grown veg and chickens for eggs

"Semper in excretia; sumus solum profundum variat"


   
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Toodles
(@toodles)
Famed Member Contributor
Joined: 4 years ago
Posts: 2713
 

@papahuhu That’s a long time to wait to be rid of the orange idiot though…


Toodles, heats his home with cold draughts and cooks food with magnets.


   
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JamesPa
(@jamespa)
Illustrious Member Moderator
Joined: 3 years ago
Posts: 4736
 

Posted by: @majordennisbloodnok

@jamespa, regarding the rest of your summary I'd have to say it's a pretty cynical view of the situation and I'm feeling very much in a cynical mood so whilst I was reading it I was nodding like a Churchill dog. It's somewhat depressing that outrageous assumptions no longer sound like hyperbole.

I agree it is very cynical.  But seeing how he operated in respect of Ukraine (and almost everything else), I see no reason to be anything other than cynical.  That's actually quite rare for me, Im usually relatively forgiving and dismissive of those who continually allege 'brown envelopes'

 

Posted by: @majordennisbloodnok

I'd agree with @jamespa; the issue is not whether ToU tariffs will still be around but what format they'll take. Octopus tend to treat their ToU tariffs as experiments, and in the case of Octopus Agile are explicitly upfront about that being the case. Perversely, my gut feeling is that Agile is the most likely to continue since it's not locking Octopus into anything at all apart from a ceiling of £1/kWh.

I agree about agile but its too complex for most so I would place my bets that simple ToU tarrifs will also continue.  The big question, I feel, is whether 'smart' (ie controllable by the utility) will become a condition of ToU.


This post was modified 7 minutes ago 2 times by JamesPa

4kW peak of solar PV since 2011; EV and a 1930s house which has been partially renovated to improve its efficiency. 7kW Vaillant heat pump.


   
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