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Energy Bills

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  • Huskaris said:
    For those of you with Octopus and who haven’t already done so, you can now get free of charge Octopus Mini

    https://octopus.energy/blog/octopus-home-mini/
    Thanks for this, signed up for it. Better than Loop/Octopus app etc as it looks to be completely live which is really good if you want to move round the house understanding in real time how much energy each thing uses. 

    Basically looks like it will add real time functionality to the app which is pretty cool!
    Yeah, gives you real time (for elec) to the app with one. I've ditched the hud since getting it.

    Could be waiting anywhere between a few weeks to 6mths for one though.
  • cafcpolo said:
    Huskaris said:
    For those of you with Octopus and who haven’t already done so, you can now get free of charge Octopus Mini

    https://octopus.energy/blog/octopus-home-mini/
    Thanks for this, signed up for it. Better than Loop/Octopus app etc as it looks to be completely live which is really good if you want to move round the house understanding in real time how much energy each thing uses. 

    Basically looks like it will add real time functionality to the app which is pretty cool!
    Yeah, gives you real time (for elec) to the app with one. I've ditched the hud since getting it.

    Could be waiting anywhere between a few weeks to 6mths for one though.
    When I applied for mine I was informed it would take approximately two weeks but we’ll see.
  • cafcpolo said:
    Huskaris said:
    For those of you with Octopus and who haven’t already done so, you can now get free of charge Octopus Mini

    https://octopus.energy/blog/octopus-home-mini/
    Thanks for this, signed up for it. Better than Loop/Octopus app etc as it looks to be completely live which is really good if you want to move round the house understanding in real time how much energy each thing uses. 

    Basically looks like it will add real time functionality to the app which is pretty cool!
    Yeah, gives you real time (for elec) to the app with one. I've ditched the hud since getting it.

    Could be waiting anywhere between a few weeks to 6mths for one though.
    When I applied for mine I was informed it would take approximately two weeks but we’ll see.
    That'd be a good turnaround! They seem to fling em out in batches.
  • Energy bills for a typical household will rise again in January, with prices expected to remain relatively high into the next year.

    It means someone paying by direct debit and using a typical amount of gas and electricity will pay £1,738 a year, or £21 a year more, which remains high compared with pre-Covid norms.

    The cap is 1.2% higher than current levels, and means a household bill will typically rise by £1.75 a month.

    It is also 10% down on the same period last year, but Ofgem said many billpayers would still be stretched.

    "We understand that the cost of energy remains a challenge for too many households," said Tim Jarvis, from the regulator.

    "However, with more tariffs coming into the market, there are ways for customers to bring their bill down so please shop around and look at all the options."

    https://www.bbc.co.uk/news/articles/cz6jvl9w7p6oBar chart showing the average annual energy bill for a typical household on a price-capped dual-fuel tariff paying by direct debit from October 2021 to the figure from January 2025 It was 1277 based on typical usage in October 2021 This rose to a high of 4279 in January 2023 although the Energy Price Guarantee limited bills to 2500 for a typical household between October 2022 and June 2023 Bills dropped to 1568 in July 2024 before rising slightly to 1717 in October The latest price cap announcement means a typical household bill will rise to 1738 a year from January 2025

  • The "typical household" always makes me laugh. What is a typical household? The variation in this must be enormous. 
  • redman said:
    The "typical household" always makes me laugh. What is a typical household? The variation in this must be enormous. 
    One bedroom flat in Plumstead or a 5 bedroom house in Farnborough park.
    Pretty similar. 
  • edited November 23
    We are one of the few countries in Europe with natural resources. Petroleum, oil, gas, yet our energy costs are one of highest in the West.  Norway created a sovereign wealth fund, but our only income seems to be extraction licences to companies in tax havens. Isn't it time the country used the profits from oilfields to benefit the country in a "Norway" way?

    The pricing of energy needs to be changed. Unless it has been replaced, it seems the price companies charge for electricity is that of the most expensive power production. We can have 95% wind power but still pay the price of oil fueled power stations. And the big monopolies cream the profits.

    I have studied economics and know you can have only a single monopoly, but our current society is not operating under the capitalist template of competition. Markets are being controlled by insidious  anti-competition multi-nationals, conspiring, to the detriment of consumers.
    .
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