Help to estimate how much from October

N_Pars

CheekyMikey said:

N_Pars said:

pochase said:

Only a very rough idea as E7 depends on how the supplier sets day to night unit rates, and it is also very different between regions. If you give your current rates it can be done more exactly.

EDF has huge difference just within the regions. Yorkshire is 31.56p to 18.10p, while Eastern is 35.28p and 13.4p.

As you are a heavy user I will work with the Eastern region, as best case scenario.

The unit rates for electricity increase by 86% (28p to 52p) and I am assuming the same increase for E7 tariffs. This would make it 65.4p and 24.9p.

The total day cost would be £1696.30, night 1995.66 plus £170 standing charge totalling 3861.96, or in average 321.83pm over a 12 month period.

I am assuming your £160 winter cost was still at the old October 2021 cap rates. £400 or more sounds likely now (54% increase plus 80% increase even so this very inaccurate).

For January onward you need to prepare yourself for over £600 for the remaining winter months with heating required if the predicted next 50% increase will happen.

What region or you in or what is your current day/night rate?

I've just had a look at our EDF account but it doesn't show our current rates 🤦🏻‍♀️
We are Eastern Region. 

I didn't realise we would be considered a high user. I wonder what the average all electric house uses, out of curiosity. 

£600pm is unbelievable. I really don't know what to do. 

The only thing to do is pray very hard that this government finally gets something right to keep the absolute unit price down, but that is quite unlikely imo. I’ve just gambled and taken a 12 month fix from my supplier OTM which is 20% above the new cap…pay a bit more October to December then pay much less for the remaining 9 months….but only if the forecasts for January and April are correct. Like I said, it’s a gamble…

I am really hoping something will happen. We won't be able to afford the new prices. I really don't know what people will do 🤷🏻‍♀️ 

N_Pars

macman said:

You are not a heavy user at all, for an all-electric property. 10,591kWh for heating, hot watering and powering a 2 b/r house is not at all excessive. And the good news is that you are using nearly 80% of your total usage on E7 cheap rate, which is much higher than most people manage. You are on the cheapest form of electric heating by far.
All you can do, apart from reducing your consumption, is to improve the insulation. Loft, double glazing, cavity wall insulation, draughtproofing.

Oh OK, that's good to know. Thank you. 
When it comes to insulation etc I really have no idea.
I did submit my details on the EDF website for an eco4 scheme but haven't heard anything yet. Not even sure if we would be eligible for anything. 

macman

If your loft is not adequately insulated then you can do it yourself for maybe £100, similarly draughtproofing. Probably the most cost effective way to cut your bills. 

N_Pars

Is this any help? Sorry, I'm really not sure when it comes to this type of stuff. 

pochase

I like the predicted 495KWh per m2. Is your flat bigger than 20m3? Than you have beaten the predicted energy use by a lot.

macman

Your loft is insulated to 270mm, so OK. Ditto double glazing.
The obvious saving you can make is to fit as many LED bubs as you can, it says you've only got 14% at present.

N_Pars

macman said:

Your loft is insulated to 270mm, so OK. Ditto double glazing.
The obvious saving you can make is to fit as many LED bubs as you can, it says you've only got 14% at present.

That was from before we purchased the house so it is more than 14% now. 

N_Pars

Hi all, I now have October rates from EDF. 

Day: 66.39
Night: 25.14
Standing 44.12

Am I working this out right? 

2584 x 66.39 = £1715
8007 x 25.14  = £2012
44.12 x 365 = £161

= £3888 
% 12 months = approx £325 per month

pochase

Yes you do for now. Don't forget that the next increase is coming in January.

N_Pars

Yes, around the same time we come out of our fixed rate for our mortgage. Not ideal.

I'm not sure what other changes we could make to use more at the night rate 🤷🏻‍♀️