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

655 Posts
57 Users
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Jeff
 Jeff
(@jeff)
Prominent Member Member
Joined: 5 years ago
Posts: 591
 

Not my tariff. 

45.52p for electricity, 16.16 for gas being offered today

Screenshot 20220301 084352 com.android.chrome


   
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(@batalto)
Noble Member Member
Joined: 5 years ago
Posts: 1092
 

@jeff that gas rate is more than my current peak rate for electricity... OUCH


12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
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2
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Jeff
 Jeff
(@jeff)
Prominent Member Member
Joined: 5 years ago
Posts: 591
 
Posted by: @batalto

@jeff that gas rate is more than my current peak rate for electricity... OUCH

If it is any consulation the gas vs electricity multiple is only 2.81 with these high rates making a stronger case for heat pumps if this turns out to be the new normal. 

My fixed rate gas rate is currently 2.75p plus vat.

 



   
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(@george)
Estimable Member Contributor
Joined: 5 years ago
Posts: 85
 

I’ve begrudgingly accepted the Eon fixed contract at 34p pkWh today. We’ll pay more from now until April from when the capped price should be similar. It will save us some money after the next hike in October when we consume the most electricity over winter heating the house. 

Our projected cost for the year is now £11,900

 

Time to buy some more lottery tickets.


Mitsubishi Ecodan 14kw ASHP + 500l Cylinder


   
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Mars
 Mars
(@editor)
Illustrious Member Admin
Joined: 5 years ago
Posts: 4474
Topic starter  

@George, I'm really annoyed because I forgot to sign up this weekend when the rate was 29p – today it's 34p. 


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(@kev-m)
Noble Member Member
Joined: 5 years ago
Posts: 1276
 
Posted by: @george

I’ve begrudgingly accepted the Eon fixed contract at 34p pkWh today. We’ll pay more from now until April from when the capped price should be similar. It will save us some money after the next hike in October when we consume the most electricity over winter heating the house. 

Our projected cost for the year is now £11,900

 

Time to buy some more lottery tickets.

I don't really know what to say to that. That's just astonishing. 



   
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(@batalto)
Noble Member Member
Joined: 5 years ago
Posts: 1092
 

@george why dont you just get Octopus Go? - At least the night rate is 7.5p/kw


12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
ReplyQuote
(@george)
Estimable Member Contributor
Joined: 5 years ago
Posts: 85
 

@batalto When are those rates set until?


Mitsubishi Ecodan 14kw ASHP + 500l Cylinder


   
ReplyQuote
(@batalto)
Noble Member Member
Joined: 5 years ago
Posts: 1092
 

@george I think it's 12 months. Mine is anyway


12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
👍
2
ReplyQuote



(@mike-patrick)
Reputable Member Member
Joined: 5 years ago
Posts: 193
 

@editor EDF 2 year fixed tariff has gone up again. Now  46.77p day, 22.25p night for electricity. Was "only"  33.39p and  20.20p on 23rd Feb.

 

Mike


Grant Aerona HPID10 10kWh ASHP


   
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Mars
 Mars
(@editor)
Illustrious Member Admin
Joined: 5 years ago
Posts: 4474
Topic starter  

@mike-patrick, it's frightening at how fast this is all shooting up. I don't keep tabs on mains gas at all, but is it going up at the same rate as electricity?


Get a copy of The Ultimate Guide to Heat Pumps

Subscribe and follow our YouTube channel!


   
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(@batalto)
Noble Member Member
Joined: 5 years ago
Posts: 1092
 

I am 100% getting more batteries this year. At these prices, they will pay for themselves in months vs years. You can get something like 5kw for £1,500 delivered. If I have 4kwh usable that's worth if you can fill them up every day

£146 @ 10p/kw

£292 @ 20p/kw

£438 @ 30p/kw

£584 @ 40p/kw

£730 @ 50p/kw

The value becomes even larger in the shoulder seasons or if you have some kind of time of use tariff you can arbitrage. 


12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
👍
4
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