Smart meters standing charge

[Deleted User]
[Deleted User] Posts: 0 Newbie
500 Posts Name Dropper Photogenic
edited 15 June 2021 at 9:51AM in Energy
Just had smart meters fitted - does the standing charge get included in what they display
If so how and at what point in the day does the fixed amount get added 
As a pretty low user - I find the 16.98 and 19.21 p per day virtually doubles my bill
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Comments

  • Provided your supplier has set the correct tariff information in each of your meters, this information will be passed to your IHD via the Home Area Network established by the comms hub that sits above your electricity meter. The daily cost will include the standing charges for gas and electricity. This normally appears at midnight each day.

    That said, the cost for gas may be slightly different from what appears on the statement as a fixed calorific value is used whereas your actual gas cost will be based on the actual average CV.
  • Robin9
    Robin9 Posts: 12,678 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ......
    As a pretty low user - I find the 16.98 and 19.21 p per day virtually doubles my bill
    Put your actual annual consumption into a comparison site like CAB and Which and see if you can find a cheaper supplier.
    Never pay on an estimated bill. Always read and understand your bill
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Name Dropper Photogenic
    edited 15 June 2021 at 1:33PM
    Robin9 said:
    ......
    As a pretty low user - I find the 16.98 and 19.21 p per day virtually doubles my bill
    Put your actual annual consumption into a comparison site like CAB and Which and see if you can find a cheaper supplier.
    I've only just changed to Octopus from Scottish Power - because it was cheaper 
  • Hi,

    the IHD is a novelty to start with, you will soon lose interest and throw it in a drawer.

    As already said it normally gets added at start of each day.

    Just set up a wee spreadsheet, take monthly readings and update, or weekly, daily, ever half hour if that is your want, keep your eye on things.
  • My EDF IHD has never added the Standing Charge first thing, I am frequently up at 0500 and both electricity and gas reflect the actual usage only, both in kWh and £.

    I have never sat up to see what happens at 2359 > 0001
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Name Dropper Photogenic
    edited 8 August 2024 at 1:41PM
    Hi,

    the IHD is a novelty to start with, you will soon lose interest and throw it in a drawer.

    As already said it normally gets added at start of each day.

    Just set up a wee spreadsheet, take monthly readings and update, or weekly, daily, ever half hour if that is your want, keep your eye on things.
    The wife has already started on the "you'll have turn off the router at night"! 
  • Also - does the display data replicate across to Octopus Android app? 
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 8 August 2024 at 1:41PM
    Hi,

    the IHD is a novelty to start with, you will soon lose interest and throw it in a drawer.

    As already said it normally gets added at start of each day.

    Just set up a wee spreadsheet, take monthly readings and update, or weekly, daily, ever half hour if that is your want, keep your eye on things.
    The wife has already started on the "you'll have turn off the router at night"! 
    The Government has long argued that smart savings come in two forms: one, greater awareness of energy use will encourage people to turn things off and, two, profiled usage will allow the industry to better match supply with demand. 
  • Gerry1
    Gerry1 Posts: 10,849 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 8 August 2024 at 1:41PM
    Dolor said:
    Hi,

    the IHD is a novelty to start with, you will soon lose interest and throw it in a drawer.

    As already said it normally gets added at start of each day.

    Just set up a wee spreadsheet, take monthly readings and update, or weekly, daily, ever half hour if that is your want, keep your eye on things.
    The wife has already started on the "you'll have turn off the router at night"! 
    profiled usage will allow the industry to better match supply with demand. 
    'profiled usage will allow the industry to better match demand with supply.'
    That means Time of Use tariffs, Load Limiting and Load Shedding, all of which have been quietly built in to your smart meter, they just forgot to publicise all these wonderful benefits.
    AKA Demand Side Response, AKA Rationing.
    FTFY !
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Name Dropper Photogenic
    edited 8 August 2024 at 1:41PM
    Gerry1 said:
    Dolor said:
    Hi,

    the IHD is a novelty to start with, you will soon lose interest and throw it in a drawer.

    As already said it normally gets added at start of each day.

    Just set up a wee spreadsheet, take monthly readings and update, or weekly, daily, ever half hour if that is your want, keep your eye on things.
    The wife has already started on the "you'll have turn off the router at night"! 
    profiled usage will allow the industry to better match supply with demand. 
    'profiled usage will allow the industry to better match demand with supply.'
    That means Time of Use tariffs, Load Limiting and Load Shedding, all of which have been quietly built in to your smart meter, they just forgot to publicise all these wonderful benefits.
    AKA Demand Side Response, AKA Rationing.
    FTFY !
    I did consider this before accepting change, but due to personal circumstances, I decided to accept it !

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