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Who's your electricity provider and what's your tariff?

 
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Electricity, Tariffs, Monitoring, Electrics & Providers
Last Post by Toodles 6 minutes ago
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Mars
 Mars
(@editor)
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Topic starter 16/11/2021 11:32 pm  

@kev-m, you beat me to it. Was just coming to post that.


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Mars
 Mars
(@editor)
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Topic starter 18/11/2021 10:00 am  

Does anyone know offhand what the tariff cap for electricity is set to?


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 Kev M
(@kev-m)
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18/11/2021 10:08 am  
Posted by: @editor

Does anyone know offhand what the tariff cap for electricity is set to?

It's not quite a simple as a single kWh rate as I'm sure you know.  Try this:

https://r6fd51uoetngaqh-db202106081427.adb.uk-london-1.oraclecloudapps.com/ords/r/apex_live/energy-price-calculator/home?session=113813051176619

or this

https://www.ofgem.gov.uk/sites/default/files/2021-08/Default%20tariff%20cap%20level%20-%201%20October%202021%20-%2031%20March%202022.pdf



   
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Mars
 Mars
(@editor)
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Topic starter 18/11/2021 10:16 am  

@kev-m thanks. Excellent link and resource. We’re in mid Wales/West Midlands, so I ran all the options that would be nearest to us from the drop down list and prices are capped at just under 21p. Not sure if they include VAT, but that’s higher than our new tariff from E.ON.


New to heat pumps? Take the Heat Pump Fundamentals course and use INTRO50 at checkout for 50% off.
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 Kev M
(@kev-m)
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18/11/2021 10:18 am  

@editor 

I think the spreadsheet does include vat.



   
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Mars
 Mars
(@editor)
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Posts: 4763
Topic starter 18/11/2021 10:20 am  

@kev-m, yeah, I just saw the fine print at the bottom. Just trying to determine which region we fall into. Tariff and standing charge is much higher from E.ON. 


New to heat pumps? Take the Heat Pump Fundamentals course and use INTRO50 at checkout for 50% off.
Rewritten and updated for 2027
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🛠️ Bodge Buster
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Mars
 Mars
(@editor)
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Topic starter 18/11/2021 10:25 am  

Seems we fall under North Wales and Mersey so should be under 21p/kWh and 22.4p standing charge, not standing charge of 28.04p per day and 23.17p/kWh as per E.ON’s last email to us.


New to heat pumps? Take the Heat Pump Fundamentals course and use INTRO50 at checkout for 50% off.
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🛠️ Bodge Buster
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 prjohn
(@prjohn)
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Posts: 125
18/11/2021 10:29 am  

How does the CAP price work, as there is a variance in price throughout the country?



   
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Mars
 Mars
(@editor)
Illustrious Member Admin
Joined: 5 years ago
Posts: 4763
Topic starter 18/11/2021 10:30 am  

@prjohn, check out Kev’s link above. It breaks down the cap per region.


New to heat pumps? Take the Heat Pump Fundamentals course and use INTRO50 at checkout for 50% off.
Rewritten and updated for 2027
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 prjohn
(@prjohn)
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Posts: 125
18/11/2021 11:27 am  

@editor I understand that. But if there is a cap why the difference in price in different regions? Price differences outwith the CAP are subject to supply and demand, The CAP is not influenced by that, or is it?

 



   
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Mars
 Mars
(@editor)
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Joined: 5 years ago
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Topic starter 18/11/2021 11:33 am  

@prjohn, I don't fully understand the mechanics to be honest. Not only are some regions more expensive, prices vary by postcode (what I refer to as postcode favouritism) and it has to do with the 'difficulty' to deliver the electricity to that region/area and to maintain it. I find it hard to understand how we can pay more for electricity than the people in town (less than one mile away). @siko is in a similar situation. 

I suspect Derek will know a lot more about the minutiae of how this works.


New to heat pumps? Take the Heat Pump Fundamentals course and use INTRO50 at checkout for 50% off.
Rewritten and updated for 2027
📘 From Zero to Heat Pump Hero
🛠️ Bodge Buster
🎧 Prefer to listen? Heat Pumps Explained


   
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 siko
(@siko)
Trusted Member Member
Joined: 5 years ago
Posts: 44
18/11/2021 11:35 am  

Yeah agreed....living at the end of the wire in the middle of nowhere we pay a fairly hefty rate. Looking forward (not) to seeing my bill for Nov but I think it's going to be brutal, otherwise it's been very reasonable sofar although I'm bouncing off the price cap!



   
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