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Energy news in general
Comments
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My energy charges increased by 25% in November. My provider (Good Energy) has just emailed me to say they are increasing prices again in January - electricity charges are increasing by 50% and gas as well though not by as much. This means my monthly DD will have gone up by more than £100 a month over the course of 3 months. Eek.0
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I did note that among the changes being considered by Ofgem going forward, as per yesterday's press release, is to review the Price Cap every 3 months instead of every 6, or even do away with it altogether...
Of course, the bank rate has gone up today as well.1 -
Deleted_User said:I did note that among the changes being considered by Ofgem going forward, as per yesterday's press release, is to review the Price Cap every 3 months instead of every 6, or even do away with it altogether...
Of course, the bank rate has gone up today as well.
Another change being considered by Ofgem https://news.sky.com/story/households-could-be-locked-into-six-month-deals-under-energy-price-cap-shake-up-12496432
Households could be locked into six-month energy deals - The deals, similar to fixed-term mortgages, would see users pay a tariff set by the regulator in the month their contract starts and be subject to exit fees if they leave early
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@bristolleedsfan Yes, I saw that as well. This is a decent summary from ‘The Scotsman’. Pity about all the ads.0
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Gas prices going through the roof again. What hours does the market run?1
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I don't know for sure but 0800-1700 is possible?Deleted_User said:Gas prices going through the roof again. What hours does the market run?
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.0 -
OK. I just don't want to be watching it 24 hours a day...
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The bad news just keeps on coming.
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Real lack of windpower right now, even Scotland has fired up the gas power plants.4.29kWp Solar system, 45/55 South/West split in cloudy rainy Cumbria.1
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BBC currently showing wholesale price at 371p per therm!!
How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)0
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