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Electricity and gas prices are spiking across Europe for today and tomorrow (no wind). Here is a map of electricity wholesale prices. So around about 23p/KWh wholesale and somewhere about 40-45p/KWh residential.
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Flight3287462 said:...remember this is only about 25%-30% of what you as a householder would pay if on day rates...Fortunately that particular statement isn't correct.Retail prices are around 14p/kWh above wholesale prices. Back when wholesale prices were 6p/kWh it was true that wholesale was only 30% of retail but the 14p add-on is largely independent of wholesale prices.In yoor screen capture, the UK spot price is 29p/kWh and the equivalent retail price would be closer to 43p/kWh.This is evident on Guy Lipman's useful website where he models the uncapped price of Octopus Tracker, for both electricity and gas:N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!0 -
Thanks QrizB for that I have amended my post (was looking for those charts)1
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BG has inherited the customers of Together Energy and Bristol Energy - another 176k when they haven't yet finished with absorbing the customers of P.E,PFP or Neon Reef amongst others !!0
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Coal generation at the time of posting is almost 3GW, which is higher than I've seen it before this winter. And almost twice as much coming from coal at the moment as from wind!0
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spot1034 said:Coal generation at the time of posting is almost 3GW, which is higher than I've seen it before this winter. And almost twice as much coming from coal at the moment as from wind!Gas futures are back above 200p/therm for the next few months, too. It's almost as if the market is twitchy about a war involving one of Europe's major suppliers.Interesting times.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!1 -
"interesting" is one word for it! 😉
More like 😱😲😱😲😱😲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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Wind just now on gridwatch was only 1.11GW 2.56% The price has peaked today at £4035 a MWH.
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British Gas customers in Devon and South West England to be offered heat pumps from next month before nationwide rollout
British Gas is planning to begin offering its customers air source heat pumps from next month, with the energy giant planning to start household installations in Devon and the South West of England before rolling out the service nationwide, it announced on Friday.
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