Energy news in general

ariarnia

MattMattMattUK said:

Mstty said:

OVO 1 year fix first to the market?

I cannot get it to quote in my area. Based on current predictions and the "typical use" figures it looks like it would be around £150-160 more expensive than the SVT.

our pre-crisis fix ended on the 17 march and we just got the 'new' offer email in so posting the 1 april svr numbers vs the 1 year fix for anyone intrested.  





not rushing to hit the renew now button just yet!

according to there figures for svr in this area for the next quarter it would work out as 1.47p cheaper on gas units and 2.92p cheaper on electric. 

but i think the gambol is if prices come down as predicted later on in the year and better fixes come onto the market if it works out as better over the 12 months. sensible money might be on yes but that far in advance is always nothing but a guess. 

ArbitraryRandom

Sorry for posting in probably the wrong place, but I'm not familiar with this part of the forum. 

I can see a lot of people debating the new rate of standing charge, but I'm wondering if some kindly soul will point me in the direction of the new regional unit and standing charge rates AFTER the government discount (cap)? 

I believe these were due to be published after the budget on 15 March, but the tables I've been able to find seem to be the ofgem rates before the discount. 

MattMattMattUK

ArbitraryRandom said:

Sorry for posting in probably the wrong place, but I'm not familiar with this part of the forum. 

I can see a lot of people debating the new rate of standing charge, but I'm wondering if some kindly soul will point me in the direction of the new regional unit and standing charge rates AFTER the government discount (cap)? 

I believe these were due to be published after the budget on 15 March, but the tables I've been able to find seem to be the ofgem rates before the discount. 

You should be able to find these in your energy account for your specific dwelling, or are you looking for a rate card for the whole of the country? 

Those are the EPG rates, excluding the 5% VAT, the standing charges are as per the Ofgem Price Cap.
https://www.gov.uk/government/publications/energy-price-guarantee-regional-rates/energy-price-guarantee-regional-rates-april-to-june-2023

I did have a link to EDF's full rate card but I cannot seem to find it at the moment. 

Edit to add:
There is the EDF rate card, all suppliers will be pretty much the same as that, within a few fractions of pence for standard, though E7 varies significantly between suppliers and the methodology for calculating it is somewhat more complicated. 
https://www.edfenergy.com/sites/default/files/dm1905_sg1_rate_card_builed_aw4_v4.pdf

Mstty

Latest Cornwall Insights 

MattMattMattUK

Mstty said:

Latest Cornwall Insights 

It does appear to be getting slightly cheaper at every revision of the prediction which is good, people will be better off even without the EPG kicking in and not getting the £400 free money that the last/current winter, those in receipt of the £900+ will be back to almost 2020 prices. 

dealyboy

Just a note, FYI.

The EPG single rate equivalent for my quoted E7 DD tariff by E.ON Next and by EDF is 32.95p per kWh in each case, based on a 58% day 42% night split.

markin

'Pool party at Rishi's': Greenpeace activists clad in swimming trunks and flip flops queue outside PM's Yorkshire home and swimming pool in protest against 'outdated national grid'       

70sbudgie

I find it intriguing that Greenpeace have jumped on this National Grid bashing bandwagon. 

https://www.energynewsline.co.uk/energy-live-news/national-grid-not-fit-for-purpose-says-octopus-boss/

Not that I disagree.

This is an article with a bit more substance, although less punchy.
https://www.cityam.com/national-grid-is-the-biggest-roadblock-to-reviving-onshore-wind-argues-octopus/

bristolleedsfan

https://www.thetimes.co.uk/article/7bec6906-ce6f-11ed-9a78-fca06b87e87b?shareToken=ea28305bb1df1fc3eae4a9eb16d23c2d

Ofgem threatens The Times over prepaid meters exposé

The_Green_Hornet

UK energy firms lose high court challenge over handling of Bulb sale

Scottish Power, British Gas and E.ON alleged government’s decision-making process was ‘flawed’

Three major domestic energy suppliers have lost their high court challenge over the government’s handling of the sale of the collapsed energy firm Bulb.

Scottish Power, British Gas and E.ON claimed an “unfair sale process” led to decisions “to commit billions of pounds of taxpayer money to facilitate the acquisition of a failed business” by the rival firm Octopus Energy.

The three businesses brought legal action against the government, alleging its decision-making process was “flawed and unlawful”.

However, in a ruling on Friday, Lord Justice Singh and Mr Justice Foxton rejected the legal challenge.

https://www.theguardian.com/business/2023/mar/31/uk-energy-firms-lose-high-court-challenge-over-handling-of-bulb-sale