i believe the new rule is the ultra high fixed will be able to leave with no cost and rejoin at the fixed tariff that is coming in.also those on a higher fixed but not ultra high will be dropped down to the new fix.
Whilst I try not to be political, has anyone noticed that our new Chancellor would appear to have tanked the pound sterling by 3.6% against the US dollar, in his obvious desire to make the rich, richer.
Since gas and oil are priced in US dollars, I suspect it will not be too good for the not so rich.
I was sent this petition link this morning (a tad late) pertaining to OFGEM’s price cap: https://chng.it/zHjftSzr47
Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
From Zero to Heat Pump Hero: https://amzn.to/4bWkPFb
Subscribe and follow our Homeowners’ Q&A heat pump podcast
Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
From Zero to Heat Pump Hero: https://amzn.to/4bWkPFb
Subscribe and follow our Homeowners’ Q&A heat pump podcast
OVO Power Move
https://www.ovoenergy.com/blog/ovo-news-power-move
OVO will contact customers directly who meet the criteria
Demand Flexibility Service DFS
It follows an earlier large scale Octopus trail
https://www.nationalgrideso.com/industry-information/balancing-services/demand-flexibility
Although the government subsidised price cap doesn't help me (I fixed a 2 year price in February at slightly below the new cap - I'm electric only) I've just noticed that the differential between the capped gas and capped electricity prices has narrowed to a factor of about 3.5. Last time I looked (before Ukraine invasion) electricity was about 5x more expensive than gas, per kWh.
I wonder if this is just happenstance or deliberate policy? If the latter and it is to be maintained then it improves the case for ASHPs, bringing the price difference very much more within their achievable efficiency. One more dis-incentive removed. Just need the EPC rating system to change now.
Mike
Grant Aerona HPID10 10kWh ASHP
@mike-patrick I don't think it's a coincidence. When you add the fact that even a new gas boiler is only up to 90% efficient (and old ones are a lot less) then the differential is less. Mains gas was far too cheap and there was no real cost pressure to use less.
Posted by: @kev-m@mike-patrick I don't think it's a coincidence. When you add the fact that even a new gas boiler is only up to 90% efficient (and old ones are a lot less) then the differential is less. Mains gas was far too cheap and there was no real cost pressure to use less.
There is now. ☹️
- 22 Forums
- 2,074 Topics
- 45.5 K Posts
- 87 Online
- 3,355 Members
Join Us!
Trusted Installers
Struggling to find a reliable heat pump installer? A poor installation can lead to inefficiencies and high running costs. We now connect homeowners with top-rated installers who deliver quality work and excellent service.
✅ Verified, trusted & experienced installers
✅ Nationwide coverage expanding
✅ Special offers available
Latest Posts
-
RE: 5 Star Service from Havenwise
To some extent...... but the energy required by a heat ...
By Transparent , 27 minutes ago
-
RE: Solar Thermal DHW and ASHP
I suspect that the cleanest solution is to use a DHW cy...
By Abernyte , 56 minutes ago
-
RE: Solar Power Output – Let’s Compare Generation Figures
510kWh of solar PV from my 4kW Hyundai panels and SMA S...
By JulianC , 2 days ago
-
RE: Is my Samsung heat pump working too well?
Thats in itself is interesting. I have a Vaillant heat...
By JamesPa , 2 days ago
-
RE: Jokes and fun posts about heat pumps and renewables
@transparent Not a swell season then ☹️
By Toodles , 2 days ago
-
RE: Air Changes per Hour - ACH and the MCS requirement
update - my old installer insisted on a heat loss of 11...
By MatWin , 3 days ago
-
I agree it's not very helpful. Generally, the max heat ...
By Old_Scientist , 3 days ago
-
RE: Commencing on an ASHP Installation Process
I think therein lies the problem. Ratio of quotes to i...
By JamesPa , 4 days ago
-
RE: Why Your MCS-Certified Installer Might Not Be As Competent As You Think
Hive and most other smart thermostats don't play well w...
By JamesPa , 4 days ago
-
RE: Enabling WiFi: Samsung ASHP on Smart Things App
Thanks for the input. I've been running various experim...
By Grahamh-uk , 4 days ago
-
RE: Radiators downstairs are cooler at the bottom after ASHP install
@melonbuffet Hi, this sounds great is you are getting 5...
By ASHP-BOBBA , 4 days ago
-
RE: Ripped Off: How UK Homeowners Are Paying Gas Prices for Wind Energy
I believe there's another reason that network upgrades ...
By Transparent , 5 days ago
-
RE: What’s the modern take on advised types of insulation?
@jeff I am sorry @jeff if I have misunderstood what you...
By Toodles , 5 days ago
-
RE: Getting the best out of a heat pump - is Homely a possible answer?
@editor Cobbler’s Mantra that!
By Toodles , 5 days ago
-
RE: Renewables & Heat Pumps in the News
Australia Blue, the first wind farm in Western Victoria...
By Morgan , 6 days ago
-
RE: Flow rate discrepancy between ASHP and manifold
That's useful thanks, I hadn't seen that table before. ...
By AshRolls , 7 days ago
-
In principle I agree, @johnmo, but with provisos. The...
By Majordennisbloodnok , 7 days ago
-
RE: Heat pump installation and BUS Grant timings
@jamespa Thats how I understood it too. 🙂
By ASHP-BOBBA , 7 days ago
-
RE: Antifreeze top up for my heat pump - is this a rip off?
@sallyl That sounds about right if they are re-filling ...
By Brendon Uys , 7 days ago