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EDF have upped our monthly DD to £860, equivalent to £10,300 per year for our 3 bedroom semi

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Comments

  • I bow to your superior knowledge.

    Perhaps you might get the MSE advice guide removed then as is not of any use?:
    budget-planning
  • dunstonh
    dunstonh Posts: 119,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I bow to your superior knowledge.

    Perhaps you might get the MSE advice guide removed then as is not of any use?:
    budget-planning
    It pays not to follow MSE advice guides religiously as they are often only right 75% of the time. Or they are over simplified to a level where more serious people will be able to improve on them.


    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Miser1964
    Miser1964 Posts: 283 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    edited 17 October 2022 at 5:58PM
    The OP will need to double-down on finding those energy guzzlers now that the unit price cap has been marked for review after just six months, no doubt going UP!

    Then again, so will everyone else except the most frugal on the Energy board who have the CH set to 12°C, except for Xmas Day when it's 15°C 😎
  • rp1974
    rp1974 Posts: 760 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    dunstonh said:
    It pays not to follow MSE advice guides religiously as they are often only right 75% of the time. Or they are over simplified to a level where more serious people will be able to improve on them.


    Then where'd be the opportunity for blaming Martin Lewis,MSE,etc for peoples own actions,or inactions?.
    Like every other source of information it's providing a best guess at what may,or may not happen based on what information is available at the time.
    This forum and MSE generally has provided much helpful advice to many,although it's a case of understanding what's being presented.
  • Martico
    Martico Posts: 1,169 Forumite
    1,000 Posts Third Anniversary Name Dropper
    mroshaw said:
    A mighty "spreadsheet to rule them all" 
    I've been following this great thread with interest, it's a very positive one.
    And this line has brought me particular joy. All, erm, power to you and your Spreadsheet
  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,307 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 17 October 2022 at 6:52PM
    mroshaw said:
    We've taken our first steps! Today, I replaced 12 (yup, twelve) 50W halogen spots in the downstairs office area with 12 MR-16 LED bulbs. …

    Just have my fingers crossed that the kettle isn't for the chop, as I really need my coffee first thing!
    Whew, those were quite a guzzle (600W!)

    The kettle will be most efficient if you only boil what you need.  The amount of water requires the same amount of energy to heat regardless of how powerful the kettle is - a lower powered one will just take longer than a higher powered one.  The kettle will show a spike in energy usage but it's for a short time so nothing to worry about.  You could monitor it for a week to see cumulative usage just for information, but unless it's being used frivolously (filling it up every time for one cup of tea/coffee, for instance) it's unlikely to be on the energy chopping block.
  • dunstonh
    dunstonh Posts: 119,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    We've taken our first steps! Today, I replaced 12 (yup, twelve) 50W halogen spots in the downstairs office area with 12 MR-16 LED bulbs. Ever so slight buzzing coming from one of them, so I guess we haven't been 100% successful in avoiding replacing the transformers - happier to put up with that for now, than have the old bulbs back in!
    A temporary solution, if the buzzing is a pain, is to keep one of the old halogens in the circuit with the rest LED.     Buzz vs approx 40w extra. (you dont say what you replaced them with). 

    That is going to be a noticeable difference. 600w in the office on for much of the day I guess.  If you do 7 hours then that was 4.2kW.

    One is now monitoring the TV setup in the living room, the other is monitoring my PC and monitor setup in the office. A mighty "spreadsheet to rule them all" has been brought to life, and we're poised to start collecting data!
    Be aware that if your TV is an OLED, then these must remain on standby.  However, they are very light in use on standby if you turn off mobile device connectivity.    Normal LED tvs can be turned off.

    I actually found the challenge to save energy and get it down to be rather enjoyable.  I was surprised at how easy it was to get my wife and daughter to adapt.  Although I told them the heating would have to be lower if they didn't.   It's amazing what women will do to ensure the heating is higher!!!

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • mroshaw
    mroshaw Posts: 50 Forumite
    Fifth Anniversary 10 Posts Name Dropper Combo Breaker
    dunstonh said:
    you dont say what you replaced them with. 
    These are the bulbs I bought to replace the 40W halogens: https://amzn.eu/d/gSI7ed4.
  • Chrysalis
    Chrysalis Posts: 4,705 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 29 December 2022 at 6:45PM
    Simplest way to stay in control is to move to 'Monthly Variable Direct Debit Whole Amount' and only pay monthly for what you use and get a monthly invoice (instead of six monthly 'billing' of EDF) which just confuses things, and also lets you see exactly how you are going without surprises.

    At home start a 'Household Budget Account' perhaps a separate bank account or simply a running spreadsheet, into which you pay a fixed amount monthly but enough to cover your expected bills for the year.  Your account, your money!

    A household budget account is ideal for ALL or your fixed outgoings, car tax, insurance, club fees, etc. All the outgoings you may predict somewhat well.  The monthly payment into the account is then a fixed monthly amount which takes the sting out of paying a yearly high bill by spreading the cost over twelve months.
    The simplest way to stay in control is to start a new bank account and assume that you are better at predicting price and usage for every service than the companies who provide the service, and that you wouldn't accidentally spend money from this account on some other conflicting urgent need?

    I don't think so.

    This might be a way of doing it, and it might work for you, but it certainly isn't simple or for everyone.
    Well i am certainly better at it than Octopus, they are still predicting on their annual estimator my usage to be 4x what I actually use, and some of us yes can regulate ourselves on spending.

    If I trusted my supplier I would be about 3k in credit now and rising rapidly.
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