Should we fix our home energy prices?

Yes, that’s what I’m on now.

I think that’s the standard variable capped rate, is it?

It’s a lot of money, but then you can’t get sound quality like that any other way.

Inflation has gone nuts in the UK.

I paid £7 today for an M&S prawn curry and ready-made pilau rice. :frowning_with_open_mouth:

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You said above that you were paying 29.94p.

The standing charge is what’s almost doubled.

The cost per kWh should be coming down a little from October:

Did the old thread where some of these values were discussed disappear?

I can’t remember the thread title exactly but something along the lines of ‘should I power down given energy price rises’.

My last monthly bill was about 130 quid for gas and electric.

We’re now on euro 180 monthly instalments but that is with 7 people in a detached house. I consider euro 180 cheap.

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Good spotting!

I mistook the daily standing charge for the cost per kilowatt hour.

So actually, it’s more like the former figure of £250 p.a.

As you can see, I was never trained in accountancy.

I’m just not someone who gets very interested in bills.

probably just went quiet for a while. There was a time where a new thread on the same subject came up almost weekly when the prices started going up

It’s sad I know, but I’m really interested in our bills, or rather saving here and there. All those £s add up. When I was forcibly retired, and poor Hilary was still working, saving money on the household bills sort of felt like my little job. Even if it’s saving a pound a month, that’s a bottle of wine to enjoy, rather than paying more than you need for something. Of course, we always try to buy responsibly, hence using green energy from Octopus, rather than fossil fuel power from some horrible outfit like Shell.

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I looked at this thread wondering what “fixing energy prices” could mean. I live in Canada, but am a Brit by birth, and was an EE (MIEE) in the UK before retiring. I am completely amazed at what you are paying for electricity: approx 30 p/kWh!! That had me looking at our bills, and I see that I am paying 8.7c/kWh or converted to UK pounds: 5p/kWh. My monthly electricity bill is about 30 UK pounds per month.

For context, my wife and I live in a flat of about 1400 sq ft (2 beds, 1 office, 2 baths, laundry, main room of about 15’ by 22’, and kitchen) and everything is electric: cooking, hot water, heating, air conditioning, (and hifi :laughing:). As a new building it is very well insulated, indeed well beyond current Canadian requirements. If we were thinking of a move back to Scotland, considerations like this might put us off. But still how are you all making your electricity if it costs that much?

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Taxes & we gradually move of fossil fuel which requires massive investments.

I do the same.

I carve out a bit of time to try and ‘organizize’ our bills.

Had a great result recently, thanks to a different thread on this forum, where I got a better deal on our five SIM cards with much better service.

And again, on this thread, the combined wisdom of the forum has sorted me out, and perhaps helped a few others to sort their energy bill out. :grinning:

Is that what Warren Buffett calls the American tailwind?

I’m not qualified to interpret Warren Buffett, but I’m in Canada.

Blimey. Must be paying £350+ monthly on average for electricity since all the price craziness.

Must look into this further, as even in the summer we must be using 20-25 kWh daily and when I think about it I’m not really sure I can see where or how that’s being utilised. :thinking: :thinking: :thinking:

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Wow! It may be best to turn everything off and see if the meter keeps running.

Are you on a modern consumer unit i.e not fuses?

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The whole of North America benefits from American institutional power, e.g. the Fed, etc.

Yes, the consumer unit is maybe 6-7 years old, but the meter is an old analogue thing with a spinning disc. We don’t use gas currently and if we heat with electric in the winter the daily consumption increase seems to fit logically (expensive admittedly), but it’s this baseline consumption that’s a bit strange especially since I’ve stopped leaving high-end PCs (effective room heaters in their days) on 24/7.

Family of 4 - washing machine and dishwasher probably on twice daily at least, but WM often only for short low temp ‘refresher’ cycles rather than dirt laden clothes. The DW may use a few kWh per cycle but when I measured the WM it was much much less on the short low temp cycles (generally under an hour).

Food mostly cooked on induction hobs or in large combi microwave, and the oven section is 1000-1200 W rated so even a slow cooked lamb shoulder for 3 hours probably doesn’t use 3 kWh once or twice a fortnight. Air fryer is a year old and will use as much as a kettle if both sections in operation at the same time, but maybe used 20-30 mins daily at most.

Two chest freezers and fridges will be on 24/7, I know one set uses around 3.8 kWh daily, so even doubling that it’s be less than 8 kWh.

Water/kettle heated electrically currently but hardly 24/7.

Lighting all LED, much of it Philips Hue or Philips non-hue - maybe 40 x 4.5 W GU 10 LEDs in open plan kitchen living space but it’s rarely all on and even if it is it’ll be a few hours in the evening.

Maybe it does all work out with multitudes of small devices/gadgets powered up, but still…

Crumbs! We are now paying £176 a month for gas and electric, for two of us in a four bedroom house.

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