Pompeyexile Is it worth getting a storage battery and inverter for those days when you are not charging your car might well have a 8 year payback and be something worth exploring?
Energy Prices
DavecUK After about 8 years, I would be dubious of the remaining storage capacity of the batteries, they might well need changing by then
Nightrider_1uk After about 8 years, I would be dubious of the remaining storage capacity of the batteries, they might well need changing by then
Not at all, I have run electric cars for 10 years, my I3 was 6 years old and no battery degradation I could detect. The batteries in a wall unit should last 15 to 20 years and still have decent capacity. I would of course recommend erring on the side of 20% more capacity than you think you will need. e.g. if you think you need 8kW go for 9.6kW.
DavecUK Is it worth getting a storage battery and inverter for those days when you are not charging your car might well have a 8 year payback and be something worth exploring?
Would love to have both solar and batteries but just do not have the capital to buy them.
App the fixed deals may be coming back. Quick let’s fix at £4k per year…
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Cuprajake App the fixed deals may be coming back. Quick let’s fix at £4k per year…
I’d be more interested in the prices fairly reflecting wholesale energy prices…after all they went up quick enough, funny how they drop much slower and never to where they were before.
16 days later
powers that be are letting us have some breathing space, to save up for our winter bill, july will see prices comedown for a while….
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The Wholesale price gas and electricity is 4x what it was in June 2020. Back then it was approx 4p per Kw/Hr for Electricity and 1p per Kw/Hr for gas Now its approx 12p for Electricity and 4p for Gas
Chuffin Hell! I just went on-line and have seen that I am over £800 in credit on my gas and electric and I am just about to pay my June direct debit payment, which at the moment stands at - after we lost the £67 government help - £237 per month.
I think I need to re-assess.
Pompeyexile Chuffin Hell! I just went on-line and have seen that I am over £800 in credit on my gas and electric and I am just about to pay my June direct debit payment, which at the moment stands at - after we lost the £67 government help - £237 per month.
I’ve been 600 or 900 credit for a year, but they finally lowered by DD to £108 from £170, I supposed they finally realised I would simply build up another 350+ onto my current £600 credit remaining after the winter of discontent….pushing it up to almost £1000.
I don’t actually understand why we cannot just be rendered a bill and pay it….one time BT used something called a budget account (a fixed amount every month) for bad payers. Now it seems that we pay more for paying a bill on recpt (if the supplier even offers that option), and even if that bill is automatically paid by DD. The norm now is not a discount AND to pay a fixed amount every month. I would love OFGEM to actually fix this, but they never work on behalf of consumers do they.
Trouble it it’s a price controlled cartel, with no effective competition.
I could rant about this for ages. Consumers are basically being screwed in both ways whilst the energy companies profiteer and government protect them. Eviscerating our gas storage, not being able to fix to spot, wind being almost impossible to put on your own land, solar panels being villified, forest management being trash, the prebuying being paid for by the consumer in advance, our own gas not being for our benefit. It’s a huge mess.
It’s reflected at the pumps too; we’re not protected in any way. And don’t get me started on boat energy costs.
Not got this issue with Octopus - if you have credit you can request a refund and adjust your DD as you like (they will suggest a payment amount based on your bills)
Anybody can request a refund from their supplier if they re in credit
Funnily enough though octopus have now altered the DD setting, atleast for me, I used to be able to choose any amount. Last summer I set our DD to £90 to cover bills, now the minimum I can set is £220
I don’t bank with octopus so I have just enough to cover what’s going out, I’m currently now £200 in credit and coming into summer paying £220 per month
It’s the biggest con going
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There was an article on radio 4 about this. One elderly lady (partially sighted) was over £5000 in credit and they upped her payments to £250 and pestered her for payment.
It was ‘resolved’ when her daughter and R 4 became involved.
We are with Ovo energy, we send them a meter reading, they send a bill, we pay. Next month they say we owe from
last bill ?? (only a few pounds). We explained that if we go to a petrol pump and put in £50 worth, when we pay the cashier we do not expect to be told we owe £53 ? This has gone on for so long it is now with the ombudsman.😆
Most energy firms are just terrible
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capuchin My dad always said you had to be well of to own a boat and wealthy to own a Yacht…as for a “Cruiser”…dunno?
And my dad always said; best friend is the friend who has a boat/yacht 😄