📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Octopus: Action: Your meter is approaching its use-by date

Options
1101113151622

Comments

  • Gerry1 said:
    MWT said:
    Gerry1 said:
    greenhill said:
    No, you don't save money with smart meters so please don't bother saying that.
    At the more extreme end of the scale you even have things like the Demand Flexibility Service currently being tested/ran which can allow for some significant gains if you go about it right.
    AKA Surge Pricing.
    Don't worry, electricity will only be prohibitively expensive at the times when you want to use it...
    The exact opposite in this case, people are being paid to use less energy in a specified time period to reduce the demand...
    And how long do you think that this Shangri-La La Land will last?
    Forever, it's the future.

    It's a great way to manage our energy consumption.
  • When I first moved in here I was horrified by the idea of Economy 7 - the thought of having to do all the things I’d always done when I fancied it at specific times felt alien, and for the first little while it was a lot more expensive as I got to grips with what is, let’s be honest, one of the earliest time of use tariffs! Gradually you get used to it though - learn the benefit of appliances with ability to set timers, start to understand how the heating works and that running out of hot water because you’ve had a bath before doing the washing up is a pain! That was nearly 20 years ago, and over time we’ve got a lot better at making the most of the off peak rate - and when we move I will certainly be looking into all the various TOU options even though we’ll no longer have electric heating.   Now, sure, I’ve currently got a daytime electricity rate of 48p/kWh which will make most of those on single rate SVR wince a bit, but that’s not too much of an issue on the basis that over 75% of my use is at a far more attractive 16p/kWh. At the moment, my “time of use tariff” saves me around £400 a year - which pays for a lot of far more interesting things than electricity! 


    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • ariarnia
    ariarnia Posts: 4,225 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    When I first moved in here I was horrified by the idea of Economy 7 - the thought of having to do all the things I’d always done when I fancied it at specific times felt alien, and for the first little while it was a lot more expensive as I got to grips with what is, let’s be honest, one of the earliest time of use tariffs! Gradually you get used to it though - learn the benefit of appliances with ability to set timers, start to understand how the heating works and that running out of hot water because you’ve had a bath before doing the washing up is a pain! That was nearly 20 years ago, and over time we’ve got a lot better at making the most of the off peak rate - and when we move I will certainly be looking into all the various TOU options even though we’ll no longer have electric heating.   Now, sure, I’ve currently got a daytime electricity rate of 48p/kWh which will make most of those on single rate SVR wince a bit, but that’s not too much of an issue on the basis that over 75% of my use is at a far more attractive 16p/kWh. At the moment, my “time of use tariff” saves me around £400 a year - which pays for a lot of far more interesting things than electricity! 


    well when you think the svr cap is expected to go up to somewhere like 43p in a month maybe wince less than we would have 12 months ago :D
    Almost everything will work again if you unplug it for a few minutes, including you. Anne Lamott

    It's amazing how those with a can-do attitude and willingness to 'pitch in and work' get all the luck, isn't it?

    Please consider buying some pet food and giving it to your local food bank collection or animal charity. Animals aren't to blame for the cost of living crisis.
  • ariarnia said:
    When I first moved in here I was horrified by the idea of Economy 7 - the thought of having to do all the things I’d always done when I fancied it at specific times felt alien, and for the first little while it was a lot more expensive as I got to grips with what is, let’s be honest, one of the earliest time of use tariffs! Gradually you get used to it though - learn the benefit of appliances with ability to set timers, start to understand how the heating works and that running out of hot water because you’ve had a bath before doing the washing up is a pain! That was nearly 20 years ago, and over time we’ve got a lot better at making the most of the off peak rate - and when we move I will certainly be looking into all the various TOU options even though we’ll no longer have electric heating.   Now, sure, I’ve currently got a daytime electricity rate of 48p/kWh which will make most of those on single rate SVR wince a bit, but that’s not too much of an issue on the basis that over 75% of my use is at a far more attractive 16p/kWh. At the moment, my “time of use tariff” saves me around £400 a year - which pays for a lot of far more interesting things than electricity! 


    well when you think the svr cap is expected to go up to somewhere like 43p in a month maybe wince less than we would have 12 months ago :D
    I expect the economy 7 daytime rate will go up as well. The wincing will be just the same!
  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Gerry1 said:
    MWT said:
    Gerry1 said:
    greenhill said:
    No, you don't save money with smart meters so please don't bother saying that.
    At the more extreme end of the scale you even have things like the Demand Flexibility Service currently being tested/ran which can allow for some significant gains if you go about it right.
    AKA Surge Pricing.
    Don't worry, electricity will only be prohibitively expensive at the times when you want to use it...
    The exact opposite in this case, people are being paid to use less energy in a specified time period to reduce the demand...
    And how long do you think that this Shangri-La La Land will last?
    Forever, it's the future.

    It's a great way to manage our energy consumption.
    It's a great way for them to manage your energy consumption.  FTFY !
    Starts with paying people to use less.  Yup, some people will fall for it.  (Just as they believed in the pensions triple lock, that the Dartford Bridge would only be tolled until it had paid for itself, that Theresa wouldn't call an early general election, that Clegg wouldn't allow tuition fees to be increased, and that the Pound in your Pocket wouldn't be devalued.  Yup, you can always trust a politician.  And BTW there were never any parties.)
    Then it's Surge Pricing, which won't remain optional for very long.  If you don't comply, then it's Load Limiting.
    If you still don't comply, then it's Load Shedding.
    Yes, it may well be the future, but it's the sheer dishonesty of the unpublicised Demand Side Response agenda to which I object.
  • Gerry1 said:
    Gerry1 said:
    MWT said:
    Gerry1 said:
    greenhill said:
    No, you don't save money with smart meters so please don't bother saying that.
    At the more extreme end of the scale you even have things like the Demand Flexibility Service currently being tested/ran which can allow for some significant gains if you go about it right.
    AKA Surge Pricing.
    Don't worry, electricity will only be prohibitively expensive at the times when you want to use it...
    The exact opposite in this case, people are being paid to use less energy in a specified time period to reduce the demand...
    And how long do you think that this Shangri-La La Land will last?
    Forever, it's the future.

    It's a great way to manage our energy consumption.
    It's a great way for them to manage your energy consumption.  FTFY !
    Starts with paying people to use less.  Yup, some people will fall for it.  (Just as they believed in the pensions triple lock, that the Dartford Bridge would only be tolled until it had paid for itself, that Theresa wouldn't call an early general election, that Clegg wouldn't allow tuition fees to be increased, and that the Pound in your Pocket wouldn't be devalued.  Yup, you can always trust a politician.  And BTW there were never any parties.)
    Then it's Surge Pricing, which won't remain optional for very long.  If you don't comply, then it's Load Limiting.
    If you still don't comply, then it's Load Shedding.
    Yes, it may well be the future, but it's the sheer dishonesty of the unpublicised Demand Side Response agenda to which I object.
    Gerry1 said:
    Gerry1 said:
    MWT said:
    Gerry1 said:
    greenhill said:
    No, you don't save money with smart meters so please don't bother saying that.
    At the more extreme end of the scale you even have things like the Demand Flexibility Service currently being tested/ran which can allow for some significant gains if you go about it right.
    AKA Surge Pricing.
    Don't worry, electricity will only be prohibitively expensive at the times when you want to use it...
    The exact opposite in this case, people are being paid to use less energy in a specified time period to reduce the demand...
    And how long do you think that this Shangri-La La Land will last?
    Forever, it's the future.

    It's a great way to manage our energy consumption.
    It's a great way for them to manage your energy consumption.  FTFY !
    Starts with paying people to use less.  Yup, some people will fall for it.  (Just as they believed in the pensions triple lock, that the Dartford Bridge would only be tolled until it had paid for itself, that Theresa wouldn't call an early general election, that Clegg wouldn't allow tuition fees to be increased, and that the Pound in your Pocket wouldn't be devalued.  Yup, you can always trust a politician.  And BTW there were never any parties.)
    Then it's Surge Pricing, which won't remain optional for very long.  If you don't comply, then it's Load Limiting.
    If you still don't comply, then it's Load Shedding.
    Yes, it may well be the future, but it's the sheer dishonesty of the unpublicised Demand Side Response agenda to which I object.
    That's all great.

    I have every part of my roof covered in solar panels, one wall of my huge garage covered in batteries and smart meters,.

    So, I don't really care.

    I'll just shift my use (if any) to whenever it's cheapest and let those who refuse to have smart meters subsidise it.

    Thank you!

    (By the way, what is FTFY?)

  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Fixed That For You !
  • Gerry1 said:
    Fixed That For You !
    Thank you, didn't know that one.

    I think I've fixed it for me really, I manage my energy and buy as little of their electricity as possible.

    I am now working on buying none of their gas!
  • ariarnia
    ariarnia Posts: 4,225 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Gerry1 said:
    Gerry1 said:
    MWT said:
    Gerry1 said:
    greenhill said:
    No, you don't save money with smart meters so please don't bother saying that.
    At the more extreme end of the scale you even have things like the Demand Flexibility Service currently being tested/ran which can allow for some significant gains if you go about it right.
    AKA Surge Pricing.
    Don't worry, electricity will only be prohibitively expensive at the times when you want to use it...
    The exact opposite in this case, people are being paid to use less energy in a specified time period to reduce the demand...
    And how long do you think that this Shangri-La La Land will last?
    Forever, it's the future.

    It's a great way to manage our energy consumption.
    It's a great way for them to manage your energy consumption.  FTFY !
    Starts with paying people to use less.  Yup, some people will fall for it.  (Just as they believed in the pensions triple lock, that the Dartford Bridge would only be tolled until it had paid for itself, that Theresa wouldn't call an early general election, that Clegg wouldn't allow tuition fees to be increased, and that the Pound in your Pocket wouldn't be devalued.  Yup, you can always trust a politician.  And BTW there were never any parties.)
    Then it's Surge Pricing, which won't remain optional for very long.  If you don't comply, then it's Load Limiting.
    If you still don't comply, then it's Load Shedding.
    Yes, it may well be the future, but it's the sheer dishonesty of the unpublicised Demand Side Response agenda to which I object.
    you know theres someone on the housing board you might really get on with. he's been warning people not to buy because the housing market is going too crash any day now. he's been saying the same thing since 2008 so he's got to be right one of these days hasn't he...?
    Almost everything will work again if you unplug it for a few minutes, including you. Anne Lamott

    It's amazing how those with a can-do attitude and willingness to 'pitch in and work' get all the luck, isn't it?

    Please consider buying some pet food and giving it to your local food bank collection or animal charity. Animals aren't to blame for the cost of living crisis.
  • ariarnia said:
    Gerry1 said:
    Gerry1 said:
    MWT said:
    Gerry1 said:
    greenhill said:
    No, you don't save money with smart meters so please don't bother saying that.
    At the more extreme end of the scale you even have things like the Demand Flexibility Service currently being tested/ran which can allow for some significant gains if you go about it right.
    AKA Surge Pricing.
    Don't worry, electricity will only be prohibitively expensive at the times when you want to use it...
    The exact opposite in this case, people are being paid to use less energy in a specified time period to reduce the demand...
    And how long do you think that this Shangri-La La Land will last?
    Forever, it's the future.

    It's a great way to manage our energy consumption.
    It's a great way for them to manage your energy consumption.  FTFY !
    Starts with paying people to use less.  Yup, some people will fall for it.  (Just as they believed in the pensions triple lock, that the Dartford Bridge would only be tolled until it had paid for itself, that Theresa wouldn't call an early general election, that Clegg wouldn't allow tuition fees to be increased, and that the Pound in your Pocket wouldn't be devalued.  Yup, you can always trust a politician.  And BTW there were never any parties.)
    Then it's Surge Pricing, which won't remain optional for very long.  If you don't comply, then it's Load Limiting.
    If you still don't comply, then it's Load Shedding.
    Yes, it may well be the future, but it's the sheer dishonesty of the unpublicised Demand Side Response agenda to which I object.
    you know theres someone on the housing board you might really get on with. he's been warning people not to buy because the housing market is going too crash any day now. he's been saying the same thing since 2008 so he's got to be right one of these days hasn't he...?
    It's easy to be a doom monger, one day they might be right.

    I find the best way is to make the most of what you have and the circumstances.

    If that means getting smart meters then its not the end of the world.

    Just take advantage of what's available, you really can't go wrong.

    Not everybody is out to screw you over, just don't listen to these people, they haven't a clue.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.