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Electricity, Tariffs, Monitoring & Providers
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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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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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18/11/2021 10:08 am
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:
or this
This post was modified 4 years ago 3 times by Kev M
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.
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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.
Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
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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.
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Subscribe and follow our Homeowners’ Q&A heat pump podcast
18/11/2021 10:29 am
How does the CAP price work, as there is a variance in price throughout the country?
Topic starter
18/11/2021 10:30 am
@prjohn, check out Kev’s link above. It breaks down the cap per region.
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From Zero to Heat Pump Hero: https://amzn.to/4bWkPFb
Subscribe and follow our Homeowners’ Q&A heat pump podcast
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?
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.
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
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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