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Oct price cap increase likely to push energy bill to over £10k... for a family of 4...

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  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Have you recalculated your new annual reduced usage at the new rates from October 1st

    34p electricity and 10.3p gas (regional variations apply)
  • Mstty said:
    Have you recalculated your new annual reduced usage at the new rates from October 1st

    34p electricity and 10.3p gas (regional variations apply)
    Not yet…I will be calculating our usage over the last month, compared to previous months, to see if we have reduced consumption. Then use the calculator. I will give an update in next few days :)
  • michaels
    michaels Posts: 29,122 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    MariaAH said:
    UPDATE: After a month of monitoring usage I can calculate if we have managed to make a significant reduction in usage:

    Gas usage (showers) has reduced from 19kWh per day to 10kWh per day, which equates to annual savings of £233 based on current rates. And more savings are planned with heating.

    Based on this last month, annual electricity usage would be as follows:

    EV charging = 4400 kwh (just over £100 a month at current rate)
    Son's gaming PC/aircon etc = 2200 kWh (just over £50 a month at current rate and I am monitoring with TP plug)
    Everything else = 4800 kWh (£112 a month at current rate)

    'everything else' annual consumption has reduced from about 7220kWh to about 4800kWh, which equates to £678 annual savings at current rate, approx £56 a month.

    Not bad...have not had chance to put this through the new Oct rates, but the main thing is that consumption is down and therefore savings will be made from what we were using before.

    Thank you everyone on this forum :)
    Thanks Maria

    Do you think there is any appreciable 'lifestyle' impact from the savings?

    For example you have approx halved the length of the showers somehow!
    How about the electricity savings, are there things that you have stopped doing or are now less convenient?
    I think....
  • michaels
    michaels Posts: 29,122 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Thanks Maria, really useful. 

    I wish I could train my kids so well re the showers.  I have fitted a lower flow shower head which is noticeable in things like rinsing hair but not really a hardship but unfortunately we only got a gas smart meter yesterday so I don't have any good comparable data yet.

    We also have an EV but know we are saving a fortune vs petrol so not too worried about that.  I know tariffs are currently still up in the air but have you looked at getting a time of use tariff like Octopus go and charging (plus dishwasher and washing machine) overnight?
    I think....
  • MariaAH
    MariaAH Posts: 137 Forumite
    100 Posts Name Dropper
    edited 15 September 2022 at 5:02PM
    michaels said:
    Thanks Maria, really useful. 

    I wish I could train my kids so well re the showers.  I have fitted a lower flow shower head which is noticeable in things like rinsing hair but not really a hardship but unfortunately we only got a gas smart meter yesterday so I don't have any good comparable data yet.

    We also have an EV but know we are saving a fortune vs petrol so not too worried about that.  I know tariffs are currently still up in the air but have you looked at getting a time of use tariff like Octopus go and charging (plus dishwasher and washing machine) overnight?
    Last time i looked, Octopus were not taking new customers on to their EV tariff. Looks like they might be now...but it only gives 4 hours between 12:30 and 4:30 (car takes about 7 hours to charge, bigger battery cars would take longer). We only charged 8 times in the last month, and only 4 of those were overnight charging.

    It would require pre-planning and organisation to co-ordinate dishwasher, washing machine and charging to happen between 12:30 and 4:30!! But I will look into it. 
  • For charging time - if you topped up every night in the cheap hours, then it would probably fit (unless you're draining the whole battery every time you use the car).  That's one of the changes people struggle to make some times moving from conventional to EV - they still think about filling up when they get near empty.
  • MariaAH
    MariaAH Posts: 137 Forumite
    100 Posts Name Dropper
    edited 29 December 2022 at 6:45PM
    For charging time - if you topped up every night in the cheap hours, then it would probably fit (unless you're draining the whole battery every time you use the car).  That's one of the changes people struggle to make some times moving from conventional to EV - they still think about filling up when they get near empty.
    Good point...
  • Fascinating thread and glad you have managed to get usage down ... as you say WFH can save us more than the energy usage but good to know where we can all save. 

    Your  shower energy usage now with the 50% shorter showers was interesting - I swim a few times a week at my gym and always have a shower there after as I am already wet so I am planning to do that through winter to save on daily showers.. I will just shower at home when I need to wash my hair as drying it is a pain in the gym - I am not that MSE ;) Or shower at the gym then just wash my hair at home..

    I have family members with lots of kids and yes gaming machines, PS5s, TVs, Alexa on  etc and I know they are already  twice national average usage anyway so I will pass on the PC info..

    Apparently electric blankets and heated throws use about 1p/hour at current rates so I will be buying one for myself  and family members this winter.
    I always turn everything off at the wall so I am a low user - lower than average luckily but now even the hairdryer gets switched off. Since having an instant pot style 6 in 1 pressure cooker/slow cooker etc  I rarely use the oven  apart from, the hob- I have also been getting my halogen oven out a lot more.
    I live on my own in a 2 bed but don't own a TV or a gaming machine ;) I have a new Macbook pro M1 laptop so battery is charging well and I rarely bother plugging it into my monitor.
     I have turned off my second fridge freezer since May but have a 7 year old large fridge freezer so that be useful to see energy usage.

    I do use the kettle loads - I also WFH - so I will try the boiling a whole flask at a time.
    I do have long life bulbs but I am thinking I may get some LEDS.


    I also  need to get a TP link to see where I am at and then pass it on to my parents /family etc.
    DON'T BUY STUFF (from Frugalwoods)
    No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff.    Money doesn’t walk out of your wallet on its own accord.
    https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest
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