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  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Squirrel, I *love* that you're so conscious about the time vs reward vs commitment of any extra work undertaken, from work at your actual job to a few surveys here and there.  Once you know your priorities, that exercise becomes a lot easier.

    And as for the electricity useage research - well, pure research is what usually provides breakthroughs in the scientific world 😀⭐ so you're amongst very good company.  It may not have any consequences - but it may.  And if it does, you'll know about them because of the research.  

    PS - it's my loss that I can't follow what you were writing, its not that its boring.  I have a block of some sort about electricity - ohms, amps, volts and all the rest, and how it relates to appliances.  Possibly because I don't have a use for it while I'm doing the research, though I've got ideas for projects.  But life is never calm enough that I can devote enough time to the research *and* the project for everything to make sense.  Sigh 🙄
    2023: the year I get to buy a car
  • SuperSecretSquirrel
    SuperSecretSquirrel Posts: 1,059 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 2 December 2022 at 10:49AM

    Time for another long and boring energy post 😁 Relax guys, I only have one more planned after this one 😝

    I've monitored the electric meter for a month, we used 211kwh in total - a daily minimum of 4kwh, and a daily maximum of 11kwh. I know not all months are created equal, but since we've not used electric heaters at all yet, and don't really intend on using them much at all this winter, it's hopefully a reasonable average. We'll use less TV, kettle, oven, dryer, etc in the summer months, more dehumidifier and maybe a bit of electric heat in the winter months, it should hopefully balance out. With that in mind I estimate a year's electricity at around 2600kwh.

    The current energy price cap is based on an average home using 2900kwh of electricity and 12000kwh of gas. With average prices of 34.0p per kwh and 46.4p per day for electricity, and 10.3p per kwh and 28.5p per day for gas, they arrive at a total annual cost just under £2500.

    In the year June 2021 to June 2022 we used 4284kwh of electricity, and approximately 4336kwh of lpg. At current prices that's about £2300 for the year. We didn't pay that much last year, but that's how much we'd expect to pay this year with the same usage levels.

    This year we plan to avoid the electric heaters as much as possible, and rely more on the central heating. Based on November electricity use, and a fairly high estimate for lpg, I'm expecting the split to be closer to 2600kwh of electricity, and 7885kwh of lpg between June 2022 and June 2023. At current prices that's about £2200. If my estimates are about right we'll have a warmer house and save £100 a year by favouring central heating over electric heaters in individual rooms.

    If we lived in the average area with mains gas we'd be paying about £1950 for the same amount of electricity and gas that I've estimated for this year. That's a £250 annual surcharge that we pay to live semi rurally. Worth every penny 😁

    In all seriousness though, we've felt ripped off in the past, assuming we were paying vastly more than the average household with the same level of energy consumption as us. Having crunched the numbers, and considered the infrastructure, it feels much fairer. It has taken massive price increases for me to bother looking at things in detail, but although our energy will cost a lot more than it used to, I think I'll actually begrudge the bills a little less than I did last year.

    The electricity monitor is on the washer for a week now. Just the dryer left after that's done, then I'll have my top of the pops top ten electricity burners ready to share. Try to contain your excitement 🤣

    PS - KC, I'm not expecting anyone outside my household (or maybe just me even ☺️) to take much interest in my energy ramblings. It's all very much our specifics. The general ideas of monitoring appliances and estimating use so you can spot if anything needs particular attention (maybe replace bulbs/appliances with low energy equivalents), or making informed cooking and heating decisions (for most it's easy, mains gas all the way, no electric heat) might be useful, but the nitty gritty numbers probably aren't. They're useful to me though, so I post them here so I can refer back in the future 😁

  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Energy ramblings are important at the moment. I can't believe how much I've reduced our usage through more conscious consuming and consideration of alternatives like an electric blanket. Still further to go though.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • I think it's definitely a subject worth thinking about SH, and if you can make pain free changes it would be silly not to!

    I estimate our household lights cost about £20 a year in total to run. Pre led bulbs we'd be looking at about £360. Our main TV gets an awful lot of use these days, and I estimate it costs us £100 a year in electricity. The one it replaced would have cost us at least £220 for the same amount of viewing time (thats using the most energy efficient setting, which we wouldnt always use). Then there's line drying whenever possible - we have been guilty of throwing everything in the dryer in the past, those days are long gone! I can't quantify that saving yet, but I'm sure it will be very noticeable! All small changes that have little to no impact on daily life but a big impact on the bills.

    Good news on PBs this month, a £175 win 😁 My biggest monthly win, equaled only once before back in January 2018. It was sorely needed, and has raised the annual rate of return to 1.2% for me. I'd have earned 1.4% over that time in an easy access account, a difference of £100 for the year. Worth it for the million pound dream factor. Looking forward to starting 2023 with a huge win... I'm not greedy, doesn't have to be 7 figures, 6 would be ok 🤑
  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    That's a great PB win, Squirrel!  And how interesting to see the reduction in consumption from energy saving devices - that's really worthwhile to know about.
    2023: the year I get to buy a car
  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you got a win
     
    There are savings accounts offering 7% currently so worth exploring 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £2.6K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.8K updated 29/7/25
  • Thanks both 🙂

    Turns out I technically won my biggest ever prize this month… Back in 2018 I won seven £25 prizes in a single draw. This time I won £100 and £50 and £25. I'm fairly sure this is the first time I've ever had a single prize greater than £25. A silly distinction, but I'm easily amused 🤣

    I've been trying to keep my accounts to a minimum recently, but 7% is hard to refuse! I've reduced my 2.75% easy access monthly savings by £300, that can go to the 7% regular saver instead, thanks SH👍

  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Great post Squirrel!  Like you, I'm shocked at how much the router is: years ago, I used to switch mine off every day, and I often had difficulty in getting online again (I was with Virgin Media at the time, in a different house).  When I rang them, they said that routers weren't supposed to ever be switched off, "and they only cost pennies anyway".  Hmmm.  

    Anyway ... Happy Christmas!  And A Happy New Year!  🎄✨🌈🍾🌼
    2023: the year I get to buy a car
  • South_coast
    South_coast Posts: 5,870 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 17 December 2022 at 10:29AM
    The hobs were trickier. It involved waiting for an empty house, turning all circuits other than the cooker off, waiting for the meter to click over to a new kwh, then seeing how many pans could be brought to the boil then simmered for a certain amount of time before the meter clicked over to the next kwh. It also involved a stopwatch and a video recording of the meter’s impulse indicator light. Yeah, I went a bit far with this one 
    Yes. Yes you did. But I love it 🤣!

    I'm eagerly awaiting the big reveal of the next obsession, but in the meantime have a fabulous Christmas to all the SSS household 🎄
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
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