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  • silverwhistle
    silverwhistle Posts: 4,260 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    Of course, but the usage for that isn't increasing is it? I know one of the main drivers for that is people cutting back due to cost, but efficiency improvements and the move to heat pumps is also playing a part, and the increase in gas prices can only help the latter.

    I'm going to get a heat pump soon although as a low gas user, 2100kWh last year, I won't make much difference! A local small infill of a dozen social housing units to high insulation standards is heat pump and they've saved themselves the cost of a gas connection, and the residents a gas standing charge.

    As this move to heat pumps continues, and it will undoubtedly strengthen as the market matures, you're going to have the issue of transmission costs falling on fewer customers. Even now my gas SC is almost 50% of my bill. You talk about service charges for electricity customers but these will actually be going down as a proportion of the bills as overall electricity demand increases (heat pumps and EVs) and is spread over a greater number of units. Also gas transmission has continuing costs for pumping the stuff around. Although the grid needs investment after years of under investment electricity does not have these running costs involving burning more gas to fuel transmission.

  • debitcardmayhem
    debitcardmayhem Posts: 14,086 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Up 4+% on gas at 1400 today.

    4.8kWp 12x400W Longhi 9.6 kWh battery Giv-hy 5.0 Inverter, WSW facing Essex . Aint no sunshine ☀️ Octopus gas fixed 5.07 + Octopus Intelligent Flux leccy

    CEC Email energyclub@moneysavingexpert.com
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