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Gas Prices

2

Comments

  • I pay 0.1243020 (£/kWh). Daily standing charge 0.16353
    Last year it was 0.017350.  Standing charge 0.15816

  • Scot_39
    Scot_39 Posts: 4,613 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 5 August 2023 at 5:57PM
    The Ofgem cap average from start of July is around 7.5p/kWh - and the standing charge 29.11p for DD payment method - both figures including vat.

    So your local block supply is currently 5p/kWh higher - but that offset a tiny amount by the 13.3p saving in standing charges.

    But comparing to the Ofgem cap - whilst obviously frustrating - is essentially pointless - it simply doesn't apply to your situation.

    Thats the problem with being on a communal heating supply.  Not unique to care homes - many blocks of flats have them - old and new - private and social landlords.

    As to market pricing trends - then 

    The good news - is your rate has fallen 5p/kWh Edit following correction below - unless you really were paying 1.7p and not 17p I coreecred to assuming thatvwas a typo - per unit last year - which seems really cheap

    (posts a few months back had people getting their revised annual prices - which relected last years higher average rates - and so their prices where going up - some iirc near trebling)

    Because of the way the EPG worked - what people on that system paid only fell 2.8p (from c10.3 to c7.5p - 10.3p had iirc a 2.2p ex vat discount from Apr to Jun - so the total drop from Ofgem cap - based on 3m averaging - roughly the  same 5p).

    But in Jan to Mar that EPG discount was 6.4p so in reality the Ofgem cap was 17p - not disimilar to your old 17.3p rate.

    I am not sure any of the schemes really offer you any help - does anyone know if OP can claim AFP £200 - he has gas - but not directly from a normal supplier - so no domestic supply EPG savings I guess.



  • Spoonie_Turtle
    Spoonie_Turtle Posts: 11,065 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Scot_39 said:

    I am not sure any of the schemes really offer you any help - does anyone know if OP can claim AFP £200 - he has gas - but not directly from a normal supplier - so no domestic supply EPG savings I guess.
    Nope, that closed ages ago even if it did apply (it doesn't).

    I don't know of any others and they probably would have already closed now anyway.
  • I pay  0.1243020 (£/kWh) per unit
    0.16353 (£/kWh) standing charge
  • SAC2334
    SAC2334 Posts: 927 Forumite
    Fourth Anniversary 500 Posts Photogenic Name Dropper
    armistice said:
    Today 3.78p octopus tracker.

    4.03 p kwh for me today in Yorkshire area. That is the dearest its been for a couple of weeks .
  • Alnat1
    Alnat1 Posts: 4,183 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    SAC2334 said:
    armistice said:
    Today 3.78p octopus tracker.

    4.03 p kwh for me today in Yorkshire area. That is the dearest its been for a couple of weeks .
    Wind stopped blowing, simple.
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • Scot_39
    Scot_39 Posts: 4,613 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Just wait till it - a still wind period - happens mid winter - and it does.

    But I suspect it would have to stop for a long time - to offset the savings over summer months - but lets see what happens in winter (and how close Octopus's "likely double" tracker FAQ comment actually is to actual pricing).

    Both big wholesale electric prices in last year - associated with a higher gas mix  - due to low wind.

    Bit I do wonder if a spell like 
    last Aug (UK hit a record day ahead price for electricity - around £530 - cannot remember the exact figure - and a week aver of c£460 - 
    that itself higher than 
    the 3 week spike like last December (around £400/MWh electric at mid point)

    will see an exodus from likes of Agile and Tracker.
    Or 
    whether most will ride the peaks to benefit from the low rates at other times.

    PS Does anyone know what happened to gas market wholesale rates at those high electric points - probably a bit less volatile.

    Or a good site to look back historically - for both gas and electric market pricing - that you don't have to be a customer or register for etc.

    I tend to use grid.iamkate.com for electric - simple/quick for some here I guess - but gives weekly trends - colourful but not high res data long term.




  • QrizB
    QrizB Posts: 23,104 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    Scot_39 said:

    Or a good site to look back historically - for both gas and electric market pricing - that you don't have to be a customer or register for etc.

    You can see historical Agile and Tracker prices charted for the past year at on the energy-stats site, and I think you can download the underlying data. It's then relatively easy to convert those back to the raw wholesale prices.
    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!
  • QrizB said:
    Scot_39 said:

    Or a good site to look back historically - for both gas and electric market pricing - that you don't have to be a customer or register for etc.

    You can see historical Agile and Tracker prices charted for the past year at on the energy-stats site, and I think you can download the underlying data. It's then relatively easy to convert those back to the raw wholesale prices.
    Past performance is clearly no indication of future trends but the 365 day graph is quite revealing:



    Credit: EnergyStats UK
  • MultiFuelBurner
    MultiFuelBurner Posts: 2,928 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 5 August 2023 at 9:09AM
    Doesn't adding in Octopus  tracker rates just confuse the poor OP who is effectively stuck on a business contract and can never ever get those rate?

    Sort of rubbing salt in the already open wound and I can't for the life of me see how that helps.

    Very weird
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