Smart Meter: £430, Bill: £690 <- Discrepancy OK?

Qyburn

cannugec5 said:

 Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, 

Wow!
We are in rural Scotland. ( Where it gets a bit cold) . 

Our recent oil delivery was 89p per litre, and 10p per litre LESS than our last delivery in May.  

Same here. Really shopping around is part and parcel of using oil. We've had two deliveries in 2022, and not paid more than 84p. Highest price in 2022 was just over £1 in late Spring.

I find it hard to believe there's anywhere where the price reached £1.80 except possibly a very brief spike, or special delivery on Bank Holiday or something. 

Then again £750,000 for a tiny bungalow in poor condition indicates an amazingly expensive place to live.

brewerdave

Qyburn said:

cannugec5 said:

 Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, 

Wow!
We are in rural Scotland. ( Where it gets a bit cold) . 

Our recent oil delivery was 89p per litre, and 10p per litre LESS than our last delivery in May.  

Then again £750,000 for a tiny bungalow in poor condition indicates an amazingly expensive place to live.

I was just thinking the same thing -assumed it was a mistake -maybe £75k ?

pochase

brewerdave said:

Qyburn said:

cannugec5 said:

 Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, 

Wow!
We are in rural Scotland. ( Where it gets a bit cold) . 

Our recent oil delivery was 89p per litre, and 10p per litre LESS than our last delivery in May.  

Then again £750,000 for a tiny bungalow in poor condition indicates an amazingly expensive place to live.

I was just thinking the same thing -assumed it was a mistake -maybe £75k ?

The OPs statement of

 Our mortgage is 2k a month and will be 4k a month when we remortgage in a few months

seems to confirm the £750,000.

Mstty

danny424242 said:

MikeJXE said:

Please when you ask questions regarding energy quote kWh used  not costs then you will get better answers 

Hi, my question related to the cost not matching up, the total energy used does match up. The answers I got were all great, and clearly explained the issue - the supplier has not updated our IHD/meter with the correct rate. I don't quite understand how that is allowed. Surely some software somewhere does it, not a person - these companies have millions of customers don't they, they'd have to employ half the country just to keep things up to date if it relied on a human to do some data entry somewhere. Clearly the data is going from the meter->supplier, so whatever communications they use is working, so why aren't they sending the rate back the other way? I'll take it up with them.

As for the first very kind person with the detailed answer, ararnia, I'm afraid 60kWk is just what our house uses for heating. But don't worry, the total cost isn't of concern, it was just the discrepancy. Our mortgage is 2k a month and will be 4k a month when we remortgage in a few months - the 'energy crisis' is absolutely nothing compared to the interest bomb that is about to go off for us at least.

The bungalow has 'cavity wall insulation', or at least when we bought it that's what the EPC said, it doesn't though, it had some fluff squirted in at some point which is now in a rotten pile at the bottom foot of each wall (I've been drilling a lot of holes to find out), there are air leaks everywhere etc. Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, so we are using electric heaters, which is only costing us about half of that so far, because with electric fans we can heat just the rooms we are using, like my son's at night and the living room in the evenings, the rest of the bungalow not at all.

Time to consider selling up?.house prices appear strong but are expected to fall so maybe make the tough decisions now unless you can afford to dig in and see these issues out.

Just to add a mortgage going from 2k-4k a month suggests you may have a poor mortgage broker.

Plus oil is not £1.80 a litre unless you are only ordering 50-100 litres which would be a crazy way to purchase oil.

I think you may have a case of overegged cost inflation.

Keep_pedalling

Get another quote for your oil, a quick search came up with 95p a litre for Devon and I am sure you can find better.

badger09

All the figures mentioned by OP are incredible. 

And I do mean incredible. 

ariarnia

brewerdave said:

Qyburn said:

cannugec5 said:

 Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, 

Wow!
We are in rural Scotland. ( Where it gets a bit cold) . 

Our recent oil delivery was 89p per litre, and 10p per litre LESS than our last delivery in May.  

Then again £750,000 for a tiny bungalow in poor condition indicates an amazingly expensive place to live.

I was just thinking the same thing -assumed it was a mistake -maybe £75k ?

i found it funny that was a poor mans house when ours cost maybe a quarter of that but i dot know about devon. might be a really expensive place to live  

Mstty said:

Plus oil is not £1.80 a litre unless you are only ordering 50-100 litres which would be stupid.

i dont think theres a need to call them stupid. maybe they only have a small tank at the house? then does anyone know the cost to replace with something bigger. might pay it back quickly if the prices quoted here are anything to go on. 

Spoonie_Turtle

ariarnia said:

brewerdave said:

Qyburn said:

cannugec5 said:

 Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, 

Wow!
We are in rural Scotland. ( Where it gets a bit cold) . 

Our recent oil delivery was 89p per litre, and 10p per litre LESS than our last delivery in May.  

Then again £750,000 for a tiny bungalow in poor condition indicates an amazingly expensive place to live.

I was just thinking the same thing -assumed it was a mistake -maybe £75k ?

i found it funny that was a poor mans house when ours cost maybe a quarter of that but i dot know about devon. might be a really expensive place to live   

My eyes did boggle at that bit too!

rodmaker

ariarnia said:

brewerdave said:

Qyburn said:

cannugec5 said:

 Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, 

Wow!
We are in rural Scotland. ( Where it gets a bit cold) . 

Our recent oil delivery was 89p per litre, and 10p per litre LESS than our last delivery in May.  

Then again £750,000 for a tiny bungalow in poor condition indicates an amazingly expensive place to live.

I was just thinking the same thing -assumed it was a mistake -maybe £75k ?

i found it funny that was a poor mans house when ours cost maybe a quarter of that but i dot know about devon. might be a really expensive place to live  

Mstty said:

Plus oil is not £1.80 a litre unless you are only ordering 50-100 litres which would be stupid.

i dont think theres a need to call them stupid. maybe they only have a small tank at the house? then does anyone know the cost to replace with something bigger. might pay it back quickly if the prices quoted here are anything to go on. 

He wasn't calling anybody stupid. All he said was ordering such a small amount of oil would be stupid.

EssexHebridean

Mstty said:

danny424242 said:

MikeJXE said:

Please when you ask questions regarding energy quote kWh used  not costs then you will get better answers 

Hi, my question related to the cost not matching up, the total energy used does match up. The answers I got were all great, and clearly explained the issue - the supplier has not updated our IHD/meter with the correct rate. I don't quite understand how that is allowed. Surely some software somewhere does it, not a person - these companies have millions of customers don't they, they'd have to employ half the country just to keep things up to date if it relied on a human to do some data entry somewhere. Clearly the data is going from the meter->supplier, so whatever communications they use is working, so why aren't they sending the rate back the other way? I'll take it up with them.

As for the first very kind person with the detailed answer, ararnia, I'm afraid 60kWk is just what our house uses for heating. But don't worry, the total cost isn't of concern, it was just the discrepancy. Our mortgage is 2k a month and will be 4k a month when we remortgage in a few months - the 'energy crisis' is absolutely nothing compared to the interest bomb that is about to go off for us at least.

The bungalow has 'cavity wall insulation', or at least when we bought it that's what the EPC said, it doesn't though, it had some fluff squirted in at some point which is now in a rotten pile at the bottom foot of each wall (I've been drilling a lot of holes to find out), there are air leaks everywhere etc. Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, so we are using electric heaters, which is only costing us about half of that so far, because with electric fans we can heat just the rooms we are using, like my son's at night and the living room in the evenings, the rest of the bungalow not at all.

Time to consider selling up?.house prices appear strong but are expected to fall so maybe make the tough decisions now unless you can afford to dig in and see these issues out.

Just to add a mortgage going from 2k-4k a month suggests you may have a poor mortgage broker.

Plus oil is not £1.80 a litre unless you are only ordering 50-100 litres which would be stupid.

I think you may have a case of overegged cost inflation.

The problem is, it sounds like the OP may have been "had over" for that property in the first place, to me? Yes, bits of Devon are expensive, but a tiny bungalow in poor condition is definitely not routinely going to be being sold for that sort of money - plenty on offer across the county for a lot less than that, (and many of those in decent condition, too!). with that in mind, it seems very unlikely that they would recover the money outstanding on the place in order to move. (For clarity, we have family in one of the more pricey bits of Devon, so I do have a bit of an idea of the housing market down there!)

There is a lot that really doesn't add up on this thread, to me - the incorrect prices for oil, the reference to a £750k property being a "poor man's" one (on a money saving forum where many of those posting live in properties worth FAR less, and consider themselves anything BUT poor!) the seemingly inflated property value... There could be a lot here for the OP to build on and learn from if this situation is a genuine one, however.  (not least how much they should be paying for heating oil!) 

ariarnia said:

brewerdave said:

Qyburn said:

cannugec5 said:

 Our latest quote for oil (oil fired boiler) was £1.80 per litre, which at four refils a year (what we used in the first year) is £7200 for the heating alone, 

Wow!
We are in rural Scotland. ( Where it gets a bit cold) . 

Our recent oil delivery was 89p per litre, and 10p per litre LESS than our last delivery in May.  

Then again £750,000 for a tiny bungalow in poor condition indicates an amazingly expensive place to live.

I was just thinking the same thing -assumed it was a mistake -maybe £75k ?

i found it funny that was a poor mans house when ours cost maybe a quarter of that but i dot know about devon. might be a really expensive place to live  

Mstty said:

Plus oil is not £1.80 a litre unless you are only ordering 50-100 litres which would be stupid.

i dont think theres a need to call them stupid. maybe they only have a small tank at the house? then does anyone know the cost to replace with something bigger. might pay it back quickly if the prices quoted here are anything to go on. 

On fairness, it's not that they are calling the OP stupid, simply pointing out that buying oil such such low amounts (allowing that the more usual amounts for tank sizes would be 500l upwards) would be a daft way of doing it. Even it were a small tank - 100l x 4 (fills per year, as stated) x £1.80 a litre wouldn't add up to anywhere close to the amount the OP is suggesting their heating would cost them. A quick and dirty calculation out from the quoted figures from the OP suggests a 1000 litre tank, to me.