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New EDF prices - PDF document released with new prices from 1st October 2022

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  • QrizB said:
    MWT said:
    Zaul22 said:
    How are they allowed to charge economy 7 rates above the cap?

    This whole thing is ridiculous, the more info we find out the more questions it generates. 
    Because there is no such thing as 'the cap'...
    The figures the press use and Government for that matter are averages of many caps rolled together.
    The basis for the £2,500 is dual fuel (2900/12000 kWh electric/gas) paid by DD as an average across the regions.
    E7 will have a different cap based on 4,200kWh split 58/42% day/night, and of course different versions for each region and payment method....

    Most people with electric heating will have no chance of being anywhere near 4200 kw in a year.
    Yet somehow it's the median value. Probably because of all the electric-only one-bed flats.
    4200 KW = 11 units a day. Electric heating such as storage can add 30kw or more  a day to that 11 units at peak of winter.
    But outside of heating season, they might only be using 3-4kWh a day.
    Just done a quick calc using 41p per unit on 4200 kw and with standing charge and vat it still doesnt match the new cap figure. And thats not using any night units at the lower rate.
    I have no idea what calculation you've done, but taking the East Midlands DD rates from here I get:
    • Day rate: 47.31p/kWh
    • Night rate: 6.90p/kWh
    • Standing charge: 45.86p/day
    • Weighted average: (47.31*0.58) + (6.90*0.42) = 30.3378p/kWh
    • Annual cost: £1441.58
    There is mair chance of us all living in a simulated world than that  4200 kw being anywhere realistic for annual use in an all electric household.

    Do you actually have documented evidence to back that figure up as im finding it hard to believe?


    I use around 2,500 kWh of electric each year, so it seems realistic enough to me.
    I think you need to realise that energy isn't an all-you-can-eat for free resource.  You actually have to pay for what you use, not what you think you should pay for as much as you feel like using.
    So ~ 7kwh/per day for all your lighting, heating ,hot water and cooking ,fridge, washing machine etc etc - I can't believe that's possible. 
  • poppellerant
    poppellerant Posts: 1,963 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 17 September 2022 at 11:01AM
    QrizB said:
    MWT said:
    Zaul22 said:
    How are they allowed to charge economy 7 rates above the cap?

    This whole thing is ridiculous, the more info we find out the more questions it generates. 
    Because there is no such thing as 'the cap'...
    The figures the press use and Government for that matter are averages of many caps rolled together.
    The basis for the £2,500 is dual fuel (2900/12000 kWh electric/gas) paid by DD as an average across the regions.
    E7 will have a different cap based on 4,200kWh split 58/42% day/night, and of course different versions for each region and payment method....

    Most people with electric heating will have no chance of being anywhere near 4200 kw in a year.
    Yet somehow it's the median value. Probably because of all the electric-only one-bed flats.
    4200 KW = 11 units a day. Electric heating such as storage can add 30kw or more  a day to that 11 units at peak of winter.
    But outside of heating season, they might only be using 3-4kWh a day.
    Just done a quick calc using 41p per unit on 4200 kw and with standing charge and vat it still doesnt match the new cap figure. And thats not using any night units at the lower rate.
    I have no idea what calculation you've done, but taking the East Midlands DD rates from here I get:
    • Day rate: 47.31p/kWh
    • Night rate: 6.90p/kWh
    • Standing charge: 45.86p/day
    • Weighted average: (47.31*0.58) + (6.90*0.42) = 30.3378p/kWh
    • Annual cost: £1441.58
    There is mair chance of us all living in a simulated world than that  4200 kw being anywhere realistic for annual use in an all electric household.

    Do you actually have documented evidence to back that figure up as im finding it hard to believe?


    I use around 2,500 kWh of electric each year, so it seems realistic enough to me.
    I think you need to realise that energy isn't an all-you-can-eat for free resource.  You actually have to pay for what you use, not what you think you should pay for as much as you feel like using.
    So ~ 7kwh/per day for all your lighting, heating ,hot water and cooking ,fridge, washing machine etc etc - I can't believe that's possible. 
    Although I never said what the electric was being used for, my home and hot water are heated by a gas boiler.  But my annual figures marry up closely enough with EDF's, so that tells me I'm doing something right and that there's nothing at all wrong with my calculations.
  • brewerdave
    brewerdave Posts: 8,710 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    QrizB said:
    MWT said:
    Zaul22 said:
    How are they allowed to charge economy 7 rates above the cap?

    This whole thing is ridiculous, the more info we find out the more questions it generates. 
    Because there is no such thing as 'the cap'...
    The figures the press use and Government for that matter are averages of many caps rolled together.
    The basis for the £2,500 is dual fuel (2900/12000 kWh electric/gas) paid by DD as an average across the regions.
    E7 will have a different cap based on 4,200kWh split 58/42% day/night, and of course different versions for each region and payment method....

    Most people with electric heating will have no chance of being anywhere near 4200 kw in a year.
    Yet somehow it's the median value. Probably because of all the electric-only one-bed flats.
    4200 KW = 11 units a day. Electric heating such as storage can add 30kw or more  a day to that 11 units at peak of winter.
    But outside of heating season, they might only be using 3-4kWh a day.
    Just done a quick calc using 41p per unit on 4200 kw and with standing charge and vat it still doesnt match the new cap figure. And thats not using any night units at the lower rate.
    I have no idea what calculation you've done, but taking the East Midlands DD rates from here I get:
    • Day rate: 47.31p/kWh
    • Night rate: 6.90p/kWh
    • Standing charge: 45.86p/day
    • Weighted average: (47.31*0.58) + (6.90*0.42) = 30.3378p/kWh
    • Annual cost: £1441.58
    There is mair chance of us all living in a simulated world than that  4200 kw being anywhere realistic for annual use in an all electric household.

    Do you actually have documented evidence to back that figure up as im finding it hard to believe?


    I use around 2,500 kWh of electric each year, so it seems realistic enough to me.
    I think you need to realise that energy isn't an all-you-can-eat for free resource.  You actually have to pay for what you use, not what you think you should pay for as much as you feel like using.
    So ~ 7kwh/per day for all your lighting, heating ,hot water and cooking ,fridge, washing machine etc etc - I can't believe that's possible. 
    Although I never said what the electric was being used for, my home and hot water are heated by a gas boiler.  But my annual figures marry up closely enough with EDF's, so that tells me I'm doing something right and that there's nothing at all wrong with my calculations.
    Ah - OK - but you were replying to a comment about usage in an all electric household .
  • QrizB said:
    MWT said:
    Zaul22 said:
    How are they allowed to charge economy 7 rates above the cap?

    This whole thing is ridiculous, the more info we find out the more questions it generates. 
    Because there is no such thing as 'the cap'...
    The figures the press use and Government for that matter are averages of many caps rolled together.
    The basis for the £2,500 is dual fuel (2900/12000 kWh electric/gas) paid by DD as an average across the regions.
    E7 will have a different cap based on 4,200kWh split 58/42% day/night, and of course different versions for each region and payment method....

    Most people with electric heating will have no chance of being anywhere near 4200 kw in a year.
    Yet somehow it's the median value. Probably because of all the electric-only one-bed flats.
    4200 KW = 11 units a day. Electric heating such as storage can add 30kw or more  a day to that 11 units at peak of winter.
    But outside of heating season, they might only be using 3-4kWh a day.
    Just done a quick calc using 41p per unit on 4200 kw and with standing charge and vat it still doesnt match the new cap figure. And thats not using any night units at the lower rate.
    I have no idea what calculation you've done, but taking the East Midlands DD rates from here I get:
    • Day rate: 47.31p/kWh
    • Night rate: 6.90p/kWh
    • Standing charge: 45.86p/day
    • Weighted average: (47.31*0.58) + (6.90*0.42) = 30.3378p/kWh
    • Annual cost: £1441.58
    There is mair chance of us all living in a simulated world than that  4200 kw being anywhere realistic for annual use in an all electric household.

    Do you actually have documented evidence to back that figure up as im finding it hard to believe?


    I use around 2,500 kWh of electric each year, so it seems realistic enough to me.
    I think you need to realise that energy isn't an all-you-can-eat for free resource.  You actually have to pay for what you use, not what you think you should pay for as much as you feel like using.
    Do you live in Scotland were winters are harsher and are you using E7 rate with everything including water, cooking and heating on electricity.

    At -5 and even as low as it can get -12  you will need heaters higher. 

    I would say at 2500kw per annum you are not all electric. As storage 4 heaters can be 30 to 47 kw per night at peak of winter.
  • QrizB said:
    MWT said:
    Zaul22 said:
    How are they allowed to charge economy 7 rates above the cap?

    This whole thing is ridiculous, the more info we find out the more questions it generates. 
    Because there is no such thing as 'the cap'...
    The figures the press use and Government for that matter are averages of many caps rolled together.
    The basis for the £2,500 is dual fuel (2900/12000 kWh electric/gas) paid by DD as an average across the regions.
    E7 will have a different cap based on 4,200kWh split 58/42% day/night, and of course different versions for each region and payment method....

    Most people with electric heating will have no chance of being anywhere near 4200 kw in a year.
    Yet somehow it's the median value. Probably because of all the electric-only one-bed flats.
    4200 KW = 11 units a day. Electric heating such as storage can add 30kw or more  a day to that 11 units at peak of winter.
    But outside of heating season, they might only be using 3-4kWh a day.
    Just done a quick calc using 41p per unit on 4200 kw and with standing charge and vat it still doesnt match the new cap figure. And thats not using any night units at the lower rate.
    I have no idea what calculation you've done, but taking the East Midlands DD rates from here I get:
    • Day rate: 47.31p/kWh
    • Night rate: 6.90p/kWh
    • Standing charge: 45.86p/day
    • Weighted average: (47.31*0.58) + (6.90*0.42) = 30.3378p/kWh
    • Annual cost: £1441.58
    There is mair chance of us all living in a simulated world than that  4200 kw being anywhere realistic for annual use in an all electric household.

    Do you actually have documented evidence to back that figure up as im finding it hard to believe?


    I use around 2,500 kWh of electric each year, so it seems realistic enough to me.
    I think you need to realise that energy isn't an all-you-can-eat for free resource.  You actually have to pay for what you use, not what you think you should pay for as much as you feel like using.
    Do you live in Scotland were winters are harsher and are you using E7 rate with everything including water, cooking and heating on electricity.

    At -5 and even as low as it can get -12  you will need heaters higher. 

    I would say at 2500kw per annum you are not all electric. As storage 4 heaters can be 30 to 47 kw per night at peak of winter.

    I don't live in Scotland now, but I have lived in Scotland for long enough to know that winters are barely harsher than where I now live in England.  You're talking as though you live in the middle of the North Pole, when in reality you are only a few hundred miles north of me, meaning a possible drop of around 5c in temperatures.
    I admit I made a mistake by not taking my gas heating or hot water into the equation.  But that doesn't mean Scotland doesn't have gas - in fact they are a supplier of gas.  If Scotland want to do what Germany did and prematurely abandon it's independence on gas, then don't come crying to us for handouts even though Sturgeon wants to make Scotland independent.  Somebody should tell that lady that no means no.
  • sebtomato
    sebtomato Posts: 1,119 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Above is a link to a PDF found online, titled "Government Energy Price Guarantee prices".
    As per the document, the prices are "effective from 1 October 2022".




    They have just sent me an email. My off peak rate is going from 14.14p to 7.85 (or a 45% reduction).

    As 65% of my electricity is off peak, great for me. New bill should be exactly the same as current bill, and that's before deducting the £400 rebate.
  • QrizB said:
    MWT said:
    Zaul22 said:
    How are they allowed to charge economy 7 rates above the cap?

    This whole thing is ridiculous, the more info we find out the more questions it generates. 
    Because there is no such thing as 'the cap'...
    The figures the press use and Government for that matter are averages of many caps rolled together.
    The basis for the £2,500 is dual fuel (2900/12000 kWh electric/gas) paid by DD as an average across the regions.
    E7 will have a different cap based on 4,200kWh split 58/42% day/night, and of course different versions for each region and payment method....

    Most people with electric heating will have no chance of being anywhere near 4200 kw in a year.
    Yet somehow it's the median value. Probably because of all the electric-only one-bed flats.
    4200 KW = 11 units a day. Electric heating such as storage can add 30kw or more  a day to that 11 units at peak of winter.
    But outside of heating season, they might only be using 3-4kWh a day.
    Just done a quick calc using 41p per unit on 4200 kw and with standing charge and vat it still doesnt match the new cap figure. And thats not using any night units at the lower rate.
    I have no idea what calculation you've done, but taking the East Midlands DD rates from here I get:
    • Day rate: 47.31p/kWh
    • Night rate: 6.90p/kWh
    • Standing charge: 45.86p/day
    • Weighted average: (47.31*0.58) + (6.90*0.42) = 30.3378p/kWh
    • Annual cost: £1441.58
    There is mair chance of us all living in a simulated world than that  4200 kw being anywhere realistic for annual use in an all electric household.

    Do you actually have documented evidence to back that figure up as im finding it hard to believe?


    I use around 2,500 kWh of electric each year, so it seems realistic enough to me.
    I think you need to realise that energy isn't an all-you-can-eat for free resource.  You actually have to pay for what you use, not what you think you should pay for as much as you feel like using.
    Do you live in Scotland were winters are harsher and are you using E7 rate with everything including water, cooking and heating on electricity.

    At -5 and even as low as it can get -12  you will need heaters higher. 

    I would say at 2500kw per annum you are not all electric. As storage 4 heaters can be 30 to 47 kw per night at peak of winter.

    I don't live in Scotland now, but I have lived in Scotland for long enough to know that winters are barely harsher than where I now live in England.  You're talking as though you live in the middle of the North Pole, when in reality you are only a few hundred miles north of me, meaning a possible drop of around 5c in temperatures.
    I admit I made a mistake by not taking my gas heating or hot water into the equation.  But that doesn't mean Scotland doesn't have gas - in fact they are a supplier of gas.  If Scotland want to do what Germany did and prematurely abandon it's independence on gas, then don't come crying to us for handouts even though Sturgeon wants to make Scotland independent.  Somebody should tell that lady that no means no.
    Sorry what releveance is independence to the temperatures in scotland.

    Goodbye!


  • It's missing fixed tariff info 
  • MWT
    MWT Posts: 10,208 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Ally_E. said:
    It's missing fixed tariff info 
    That will appear in your account when it is ready or an email I would assume, it isn't as simple to publish as the SVT.

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