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

Mars · 2021-03-02T22:09:42Z

Electricity tariffs are a key component of running costs when it comes to heat pumps. Please share who your electricity provider is and what tariff you're on.

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Electricity, Tariffs, Monitoring & Providers

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Toodles

(@toodles)

Illustrious Member Contributor

Joined: 3 years ago

Posts: 2136

30/09/2025 3:47 pm

@agentgeorge It is so marginal for us that (and I hope!) with the reduced heat loss with the new triple glazing, the possible saving will be smaller than the £25 exit fee if we wish to change tariff come the spring next year. Who knows, our marvellous government might even make a move to shift the unfair taxing on electricity to where it should be - on gas! 😉 Yeah I know, beware of low flying pork. Toodles.

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

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Old_Scientist

(@old_scientist)

Honorable Member Member

Joined: 1 year ago

Posts: 275

30/09/2025 5:16 pm

Posted by: @toodles

↑

@agentgeorge It is so marginal for us that (and I hope!) with the reduced heat loss with the new triple glazing, the possible saving will be smaller than the £25 exit fee if we wish to change tariff come the spring next year. Who knows, our marvellous government might even make a move to shift the unfair taxing on electricity to where it should be - on gas! 😉 Yeah I know, beware of low flying pork. Toodles.

@toodles I recently completed an online budget representation for the Autumn 2025 budget (2nd link below, up to 250 words max), in exactly this area (proposal to move environmental and policy costs from electricity bills to gas bills, to close the 'spark gap' price difference between electricity and gas prices per kWh)

https://www.brevia.co.uk/news/politics/how-to-submit-a-representation-to-hm-treasury-for-autumn-budget-2025/

https://www.smartsurvey.co.uk/s/6PEB2A/

I would encourage you to do likewise, it's a really simple process.

In support of this proposal, I tried to highlight that the current gap was around 4.2 times, and that a recent study found the average COP for a heat pump installation in the UK was 2.8, meaning the average heat pump at a SCOP of 2.8 would cost 50% more to run than a gas boiler assuming current ofgem SVR pricing. I suggested that ofgem should seek to maintain this ratio at a maximum of 3 (or below) to help drive uptake of ASHPs as a form of heating. I also emphasised that such a proposal would be cost neutral to the Treasury.

This post was modified 1 hour ago 4 times by Old_Scientist

Samsung 12kW gen6 ASHP with 50L volumiser and all new large radiators. 7.2kWp solar (south facing), Tesla PW3 (13.5kW)
Solar generation completely offsets ASHP usage annually. We no longer burn ~1600L of kerosene annually.

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AgentGeorge

(@agentgeorge)

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Posts: 34

30/09/2025 5:27 pm

Considering Octopus states all their electricity is green, with wind and solar radiation costing nothing once the generator is built, payback is quicker than the 30 years it takes for a gas power station, which needs a costly fuel source.

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