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Estimate my elec bill?

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Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    macman wrote: »
    So why has it been switched to all-electric? Oil or gas would be much cheaper.
    If mains gas is available, using anything else is crazy.
    It's much cheaper for the landlord to have an all electric property. No gas safety checks. No need to hold central heating insurance. If it breaks then the landlord only has to supply cheap fan heaters. The savings by using gas over electric are not that great for small 1 bedroom apartments or tiny 2 bedroom bungalows.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • HappyMJ wrote: »
    It's much cheaper for the landlord to have an all electric property. No gas safety checks. No need to hold central heating insurance. If it breaks then the landlord only has to supply cheap fan heaters. The savings by using gas over electric are not that great for small 1 bedroom apartments or tiny 2 bedroom bungalows.

    There is no gas mains in the village. Only oil or LPG i think
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    HappyMJ wrote: »
    It's much cheaper for the landlord to have an all electric property. No gas safety checks. No need to hold central heating insurance. If it breaks then the landlord only has to supply cheap fan heaters. The savings by using gas over electric are not that great for small 1 bedroom apartments or tiny 2 bedroom bungalows.

    Electricity is about 3 times more expensive to run per kWh, regardless of the size of the property.
    No free lunch, and no free laptop ;)
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    macman wrote: »
    Electricity is about 3 times more expensive to run per kWh, regardless of the size of the property.
    The savings made by not having the gas standing charges, annual gas safety checks, monthly central heating insurance, replacing boilers every 15 years make the differences very small.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    There is no gas mains in the village. Only oil or LPG i think
    Both of which are much more expensive than electricity.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • I think ill say £100 per month for elec bill to be safe. Hopefully will cover it at the moment as its getting colder!
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    HappyMJ wrote: »
    The savings made by not having the gas standing charges, annual gas safety checks, monthly central heating insurance, replacing boilers every 15 years make the differences very small.

    But electricity also incurs standing charges, An anual gas safety check is incurred by the landlord only, not by tenants or home owners. CH insurance is entrirely unecessarry (just an annual service). These fixed costs do not cancel out the huge differential between the unit cost of gas and electrcity.
    How do you calcuate that electricity is cheaper than LPG or oil? Both are more than mains gas, but still cheaper than electricity per kWh.
    No free lunch, and no free laptop ;)
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    macman wrote: »
    But electricity also incurs standing charges, An anual gas safety check is incurred by the landlord only, not by tenants or home owners. CH insurance is entrirely unecessarry (just an annual service). These fixed costs do not cancel out the huge differential between the unit cost of gas and electrcity.
    How do you calcuate that electricity is cheaper than LPG or oil? Both are more than mains gas, but still cheaper than electricity.
    Electricity incurs standing charges for someone who has gas central heating. It's paid for anyway there are no extra standing charges.

    Total cost of ownership for small house and flats electricity is cheaper. The annual gas safety certificate cost is incurred by the landlord but is passed on in the higher rent charged for properties that have gas. OP has a two bedroom bungalow.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
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