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New cost per Kw of gas and electric.

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Comments

  • How can a £2500 price cap be quoted for average user if the unit costs aren"t known?
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 9 September 2022 at 12:01PM
    How can a £2500 price cap be quoted for average user if the unit costs aren"t known?
    Because that's just a press release at the moment - and the way the cap works anyway is that they decide a number in £££ and then work out what the unit costs would need to be to make it add up right.
  • QrizB
    QrizB Posts: 22,686 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    This isn't the first thread where the mysterious delights of 1980s CALMU meters have been reminisced over.
    However, smart meters permit 48 separate 30-minute tariffs every day, and for those all to change every day. CALMU didn't come anywhere close.
    (I also have fond memories of the 1980s but mostly they're because I was 40 years younger with more hair and fewer responsibilities.)
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op 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!

  • Things move on, but that font is just  B)
  • What_time_is_it
    What_time_is_it Posts: 921 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    edited 29 December 2022 at 6:45PM

    Things move on, but that font is just  B)
    That is a font from the future...as imagined by Kraftwerk.
    Designed by robots who make little beepy noises and wave their arms about.
  • After years of installing smart meters, we still do not have the flexibility of the old CALMU, which worked and allowed me to save money.  Will the smart meters we are all paying for ever be used to allow charges to vary in different times?    Many things have improved since 1982 but paying for energy is not one of them.   40 years of progress?
  • tripled
    tripled Posts: 2,886 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 9 September 2022 at 1:27PM
    After years of installing smart meters, we still do not have the flexibility of the old CALMU, which worked and allowed me to save money.  Will the smart meters we are all paying for ever be used to allow charges to vary in different times?    Many things have improved since 1982 but paying for energy is not one of them.   40 years of progress?
    What do you mean by allowing "charges to vary in different times"? Do you mean meters that work with tariffs like Intelligent Octopus, that gives you 6 hours of cheap electricity for a set price, but it can vary when you get it, like Agile Octopus, which has has dynamic half-hourly pricing based on wholesale rates, or something else?
  • tripled said:
    After years of installing smart meters, we still do not have the flexibility of the old CALMU, which worked and allowed me to save money.  Will the smart meters we are all paying for ever be used to allow charges to vary in different times?    Many things have improved since 1982 but paying for energy is not one of them.   40 years of progress?
    What do you mean by allowing "charges to vary in different times"? Do you mean like Intelligent Octopus, that gives you 6 hours of cheap electricity for a set price, but it can vary when you get it, like Agile Octopus, which has has dynamic half-hourly pricing based on wholesale rates, or something else?
    Don't worry, the OP has written the same thing four times now, no matter what points others raise or what questions they ask.
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    How can a £2500 price cap be quoted for average user if the unit costs aren"t known?
    Because I believe the price cap defines the unit prices, not the other way round.

    Just be patient and we'll all have the info. There is no reason anyone needs to know this second.
  • The CALMU had 5 set price tariffs like economy 7, but in different time zones, reflecting  the cost of generating electricity. Some circuits also had a favourable tariff if they allowed interruption.       Some energy providers are at last starting to offer these services.     40 years later.
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