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Electricity prices worldwide

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Comments

  • Xbigman
    Xbigman Posts: 3,922 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Martico said:
    It's also worth pointing out that over the last half century or so, the UK has effectively outsourced much of its manufacturing to Asia, so lower energy demand here has been offset by increased energy demand elsewhere.
    If the total carbon cost of products that we consume were taken into account instead of just emissions produced purely in the UK, the UK/Asia "green" balance would shift a bit.
    We do need to do our bit. It's the moral thing to do (for both historic and contemporary reasons), plus for purely pragmatic reasons, we would never be able to bring the rest of the world on-board if we weren't prepared to reshape our own economy.

    Excellent point.


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  • Section62 said:

    "The cap - the maximum amount suppliers can charge customers in England, Scotland and Wales - is £1,971 a year."

    They have used the same/similar incorrect description several times over the last few weeks.
    They are now claiming 
    "Cornwall Insight has predicted that annual bills - based on the number of gas and electricity units a typical customer uses - could reach £4,266 in January, leading to fears about how people will cover the costs"
    And
    "The higher estimate means the average household would be paying £355 a month, instead of £164 a month currently"
    Scaremongering
    I am paying £80
    And know of nobody paying more than £150

    If I was half as smart as I think I am - I'd be twice as smart as I REALLY am.
  • pochase
    pochase Posts: 3,449 Forumite
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    Are you the average household? We are talking here the average used by Ofgem for the cap calculation.

    And what has who you know to do with what the UK average is? Read the forum how many there are who have huge bills. Bills big enough to make easily up what you are paying less than the above average.
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    We can all agree that the price cap average household of 12000 kWh gas and 2900 kWh Elec is far from perfect but at least it is a stick in the sand to base figures and sums on for calculating your own costs.

    Strangely it works great for us figure wise for the current pricing and £1971 price cap. But not in the way you might expect as we are all electric and no gas but are estimated to be between 6000-6300(weather dependent) use which at that 6300 level for us comes out at just over £2000. So it's a good guide for us as it stands with current pricing per kWh. 
  • Ally_E.
    Ally_E. Posts: 396 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Section62 said:

    "The cap - the maximum amount suppliers can charge customers in England, Scotland and Wales - is £1,971 a year."

    They have used the same/similar incorrect description several times over the last few weeks.
    They are now claiming 
    "Cornwall Insight has predicted that annual bills - based on the number of gas and electricity units a typical customer uses - could reach £4,266 in January, leading to fears about how people will cover the costs"
    And
    "The higher estimate means the average household would be paying £355 a month, instead of £164 a month currently"
    Scaremongering
    I am paying £80
    And know of nobody paying more than £150
    According to Ofgem data typical user uses over 16,000 of gas, so this figure is wrong for typical user. It's an average, which is very different from typical (more close to mean vs average). Got it wrong again. 
  • wild666
    wild666 Posts: 2,181 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    michaels said:
    Also the "green" reasons /excuses are a waste of time
    Do people believe that if we in the UK cut back 10% on greenhouse gases - it will  have any effect at all on climate change ?
    Of course it won't - China and India are still building new coal fired power stations
    Why should the UK always be the one who gets stung by the ineptitude of others ?
    That's my daily whinge - sorry

     
    I agree, I used to take my litter home and bin it but really what difference does my little bit of litter make when everybody else still litters so I have decided to just drop it wherever I am.
    Once a litter warden wanted to fine me because a gust of wind blew a receipt out of my shopping bag on my mobility scooter into the road so I told him to do one and has the scooter went at 15 MPH I flicked it to that speed and shot off down the road leaving him standing there with his mouth open.
    I know they are restricted to 8 MPH but the supplier must have forgotten to flick a switch to restrict it to 8 MPH.
    Someone please tell me what money is
  • QrizB
    QrizB Posts: 21,590 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Ally_E. said:
    According to Ofgem data typical user uses over 16,000 of gas, so this figure is wrong for typical user. It's an average, which is very different from typical (more close to mean vs average). Got it wrong again. 
    Can you provide a link to your "Ofgem typical" info please? That's not a number that's been used before.

    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Profile 2 is using electricity for heating?
  • Profile Class 2 simply means a 2 rate meter such as Economy 7 and doesn’t necessarily mean there’s electrical heating. You can also have electrical heating with Profile Class 1 such as basic plug in heaters.
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    The report was abandoned due to covid so this probably is the latest report but never really covers usage for ASHP.
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