Eon next Free £100

Spoonie_Turtle

zagfles said:

Spoonie_Turtle said:

In the past three months alone since having our smart meter installed we've saved nearly £250 being on a smart tariff (Tracker, not Agile, we can't avoid the peak), compared with the standard variable.  Our average rate has been hanging around 16-17p/kWh according to our bill.
Before that we were legacy customers on the previous Tracker tariff (before Octopus required a smart meter to go onto it, although a condition was allowing one to be installed if they decided to require it) and our saving the first 6 months of the year was £682.

We don't have an EV, we're just a depressingly high usage all-electric household.

Do you have storage heaters or suchlike which you can time usage of?

I use far more gas than electric, how do these TOU tariffs work for gas?

No, we have a heat pump which uses mostly daytime electricity.

Gas tracker has similarly low prices, although we anticipate that wholesale prices for both fuels may rise in winter due to demand.  But it could be worth hopping on now and just seeing where it goes - you can switch back to flexible (the standard variable) at any time without penalty.  I'm not sure what the gas prices did last winter but the EPG discount meant nobody on Tracker for either fuel paid more than the standard, as the cost didn't rise too much higher than the EPG rate.

zagfles

Dolor said:

Forget about EVs; PV solar or batteries, the facts speak for themselves. Compare these prices to the Ofgem Cap:

Smart meter tariffs can save consumers money. I have been on time-of-use tariffs for 4 1/2 years. It has taken some time for the masses to understand how these tariffs work. This is not helped when journalists concentrate on peak pricing rather than what is possible with some simple load shifting.

That graph is pretty useless as it shows the same rate for the entire day! Is that the average cost during that day? Again, that'd be useless for me, and a lot of people, as by definition most people will use most during the peak usage times when prices are highest. So the average cost during the day doesn't mean that's the average cost the average user pays.

The graph of more interest is the "Average unit price for each 30 minute slot for the last 365 days". That's much more relevant. Night time cost is no relevance to me, as my overnight usage is trivial. My biggest usage is lighting, cooking, TVs and PCs probably. So I'll be using far more during the evening (lighting, TV etc), particularly early evening (cooking etc), when prices seem to average over 35p, compared to the average of about 32p I actually paid.

QrizB

zagfles said:

Dolor said:

Forget about EVs; PV solar or batteries, the facts speak for themselves. Compare these prices to the Ofgem Cap:

Smart meter tariffs can save consumers money. I have been on time-of-use tariffs for 4 1/2 years. It has taken some time for the masses to understand how these tariffs work. This is not helped when journalists concentrate on peak pricing rather than what is possible with some simple load shifting.

That graph is pretty useless as it shows the same rate for the entire day!

The graph is for Tracker (not Agile). Tracker has a single rate all day, not time-of-use.

There are no TOU gas tariffs, and there is no "Agile Gas". There is a Tracker gas, though.

zagfles said:

The graph of more interest is the "Average unit price for each 30 minute slot for the last 365 days". That's much more relevant.

And I assume by now you've seen that graph at https://energy-stats.uk ? Something like this:

zagfles said:

So I'll be using far more during the evening (lighting, TV etc), particularly early evening (cooking etc), when prices seem to average over 35p, compared to the average of about 32p I actually paid.

In which cas you'd have been better off on Tracker, not Agile, paying the prices in Dolor's chart.

https://energy-stats.uk/octopus-tracker-southern-england/

zagfles

QrizB said:

zagfles said:

Dolor said:

Forget about EVs; PV solar or batteries, the facts speak for themselves. Compare these prices to the Ofgem Cap:

Smart meter tariffs can save consumers money. I have been on time-of-use tariffs for 4 1/2 years. It has taken some time for the masses to understand how these tariffs work. This is not helped when journalists concentrate on peak pricing rather than what is possible with some simple load shifting.

That graph is pretty useless as it shows the same rate for the entire day!

The graph is for Tracker (not Agile). Tracker has a single rate all day, not time-of-use.

There are no TOU gas tariffs, and there is no "Agile Gas". There is a Tracker gas, though.

zagfles said:

The graph of more interest is the "Average unit price for each 30 minute slot for the last 365 days". That's much more relevant.

And I assume by now you've seen that graph at https://energy-stats.uk ? Something like this:

zagfles said:

So I'll be using far more during the evening (lighting, TV etc), particularly early evening (cooking etc), when prices seem to average over 35p, compared to the average of about 32p I actually paid.

In which cas you'd have been better off on Tracker, not Agile, paying the prices in Dolor's chart.

https://energy-stats.uk/octopus-tracker-southern-england/

Thanks - interesting. I'm far more concerned about gas prices than electric, and particularly winter gas prices as that's by far my main energy cost.

Last winter I was paying 10.3p/kWh, I see that was generally higher than the Tracker except in Dec. I'd have to crunch the numbers, I do have pretty good records of readings, but it does look like it would have been cheaper on Tracker. However it was a mild winter, my usage was well below previous years. Just wonder what prices would be like if we have a really cold winter! The potential problem with these sort of tariffs seems to be that if usage is high prices are high, but usage is high for a reason, eg it's very cold, and that's when you need to use more gas!

Spoonie_Turtle

zagfles said:

QrizB said:

zagfles said:

Dolor said:

Forget about EVs; PV solar or batteries, the facts speak for themselves. Compare these prices to the Ofgem Cap:

Smart meter tariffs can save consumers money. I have been on time-of-use tariffs for 4 1/2 years. It has taken some time for the masses to understand how these tariffs work. This is not helped when journalists concentrate on peak pricing rather than what is possible with some simple load shifting.

That graph is pretty useless as it shows the same rate for the entire day!

The graph is for Tracker (not Agile). Tracker has a single rate all day, not time-of-use.

There are no TOU gas tariffs, and there is no "Agile Gas". There is a Tracker gas, though.

zagfles said:

The graph of more interest is the "Average unit price for each 30 minute slot for the last 365 days". That's much more relevant.

And I assume by now you've seen that graph at https://energy-stats.uk ? Something like this:

zagfles said:

So I'll be using far more during the evening (lighting, TV etc), particularly early evening (cooking etc), when prices seem to average over 35p, compared to the average of about 32p I actually paid.

In which cas you'd have been better off on Tracker, not Agile, paying the prices in Dolor's chart.

https://energy-stats.uk/octopus-tracker-southern-england/

… The potential problem with these sort of tariffs seems to be that if usage is high prices are high, but usage is high for a reason, eg it's very cold, and that's when you need to use more gas!

Yes exactly, when demand is high (because usage/need is high) the spot prices - on which the Tracker tariff is based - go up.

williamcroome

peter1xxx said:

Eon Next offering £100 bill credit to fit smart meters. Just had letter to that effect.£50 per fuel.

Can you remind me of the email heading. I'm sure I saw this, filed it and now can't find it. Thanks

williamcroome

williamcroome said:

peter1xxx said:

Eon Next offering £100 bill credit to fit smart meters. Just had letter to that effect.£50 per fuel.

Can you remind me of the email heading. I'm sure I saw this, filed it and now can't find it. Thanks

Don't worry. It's a text linking to a message in my account. 

Catpuss66

peter1xxx said:

Eon Next offering £100 bill credit to fit smart meters. Just had letter to that effect.£50 per fuel.

I know it was a while back you don’t have a copy of the letter can you remember the expiry date of this offer. Told by a reliable source about this but e on next just said it had to be fitted by 31/12/23. I booked 11/12/23 not my fault they didn’t fit until today or would that be a planned delay?

victor2

Catpuss66 said:

peter1xxx said:

Eon Next offering £100 bill credit to fit smart meters. Just had letter to that effect.£50 per fuel.

I know it was a while back you don’t have a copy of the letter can you remember the expiry date of this offer. Told by a reliable source about this but e on next just said it had to be fitted by 31/12/23. I booked 11/12/23 not my fault they didn’t fit until today or would that be a planned delay?

If you look in your online account, past messages (letters also?) should be there under My Account, then View your messages. Could it be there?

TimeLord1

Eon aren't offering £100 credit now. Choose a Costa coffee or a tree planted. Basically they're not doing readings after February and if you try to Switch they'll insist that you have a Smart meter or you can't change. I think people with them should ask for the original deal of £100 credit