What's been your average electricity price per unit over 2023?

JSHarris

I've a genuine interest in this, as I would like to try and find out which sort of tariff gives the best overall value for money, given that it's becoming increasingly difficult to estimate this just from supplier prices, especially with complex tariffs.  I realise there will be a significant difference between one region and another, the idea is to get a rough indication as to how much each type of tariff costs.  I'm in the Southern region, which tends to be about in the middle of the regional variations I think.

To start the ball rolling, for 2023 so far (i.e. 1st January to today):

The average unit price I've paid has been 13.957p/kWh

The average standing charge for the year has been 47.827p/day.

MattMattMattUK

JSHarris said:

I've a genuine interest in this, as I would like to try and find out which sort of tariff gives the best overall value for money, given that it's becoming increasingly difficult to estimate this just from supplier prices, especially with complex tariffs.  I realise there will be a significant difference between one region and another, the idea is to get a rough indication as to how much each type of tariff costs.  I'm in the Southern region, which tends to be about in the middle of the regional variations I think.

To start the ball rolling, for 2023 so far (i.e. 1st January to today):

The average unit price I've paid has been 13.957p/kWh

The average standing charge for the year has been 47.827p/day.

Might also be useful if people added their tariff so we can potentially do some minor data crunching by tariff type. 
Edit to add: I will update my spreadsheet and add an average, it should be easy to pull off, though it will be pretty closed to the SVT rate as I have been on those all year. Demand Flexibility could in theory skew mine this winter, as could a potential move to Tracker, or when I buy an EV next year. 

JSHarris

MattMattMattUK said:

JSHarris said:

I've a genuine interest in this, as I would like to try and find out which sort of tariff gives the best overall value for money, given that it's becoming increasingly difficult to estimate this just from supplier prices, especially with complex tariffs.  I realise there will be a significant difference between one region and another, the idea is to get a rough indication as to how much each type of tariff costs.  I'm in the Southern region, which tends to be about in the middle of the regional variations I think.

To start the ball rolling, for 2023 so far (i.e. 1st January to today):

The average unit price I've paid has been 13.957p/kWh

The average standing charge for the year has been 47.827p/day.

Might also be useful if people added their tariff so we can potentially do some minor data crunching by tariff type. 

Good idea.  I've been on an E7 SVT all year, but with two different suppliers, UW for the first five months, EDF since then.

Netexporter

I've been on Agile for 6 months and my average cost has been 16.32p/kWh (17.14 inc VAT). Highest was the month just ended at 19.65p/kWh (20.63) and lowest was 12.97p/kWh (13.62). Daily charge is 47.52p inc VAT.

JSHarris

Just spotted that I didn't mention whether this was including or excluding VAT.  My figure of 13.957p/kWh is inc.VAT (i.e. what I actually paid over the year).  Probably best to use inc. VAT prices I think.

Spoonie_Turtle

MattMattMattUK said:

JSHarris said:

I've a genuine interest in this, as I would like to try and find out which sort of tariff gives the best overall value for money, given that it's becoming increasingly difficult to estimate this just from supplier prices, especially with complex tariffs.  I realise there will be a significant difference between one region and another, the idea is to get a rough indication as to how much each type of tariff costs.  I'm in the Southern region, which tends to be about in the middle of the regional variations I think.

To start the ball rolling, for 2023 so far (i.e. 1st January to today):

The average unit price I've paid has been 13.957p/kWh

The average standing charge for the year has been 47.827p/day.

Might also be useful if people added their tariff so we can potentially do some minor data crunching by tariff type. 
Edit to add: I will update my spreadsheet and add an average, it should be easy to pull off, though it will be pretty closed to the SVT rate as I have been on those all year. Demand Flexibility could in theory skew mine this winter, as could a potential move to Tracker, or when I buy an EV next year. 

Can people who are including Demand Flexibility in their own calculations please also do a calculation without, to enable comparing results of just the different tariffs?

Netexporter

Spoonie_Turtle said:

MattMattMattUK said:

JSHarris said:

I've a genuine interest in this, as I would like to try and find out which sort of tariff gives the best overall value for money, given that it's becoming increasingly difficult to estimate this just from supplier prices, especially with complex tariffs.  I realise there will be a significant difference between one region and another, the idea is to get a rough indication as to how much each type of tariff costs.  I'm in the Southern region, which tends to be about in the middle of the regional variations I think.

To start the ball rolling, for 2023 so far (i.e. 1st January to today):

The average unit price I've paid has been 13.957p/kWh

The average standing charge for the year has been 47.827p/day.

Might also be useful if people added their tariff so we can potentially do some minor data crunching by tariff type. 
Edit to add: I will update my spreadsheet and add an average, it should be easy to pull off, though it will be pretty closed to the SVT rate as I have been on those all year. Demand Flexibility could in theory skew mine this winter, as could a potential move to Tracker, or when I buy an EV next year. 

Can people who are including Demand Flexibility in their own calculations please also do a calculation without, to enable comparing results of just the different tariffs?

Mine is straight from the bills. DFS is still in my Octoplus account.

Alnat1

The last 4 months are showing an average import cost per kWh of 12.55p (Octopus Watch figures). That's the last 3 months on Agile, prior to 15th Sep was on Flux (so more expensive per kWh then but only a tiny bit used as mostly from solar)

Over the last 28 days the Agile average is 14.74p as the prices have been higher.

JSHarris

I think it's best to stick to the average over the whole year, as prices have gone up and down like a yo yo through the year.  For example, if I use just the last 3 months figures the unit price comes down to 12.56p/kWh, although the average since 1st January is really a bit over 11% higher, at 13.957p/kWh (all including VAT).

The idea is to try and get a feel as to how different tariffs compare over a year, as a rough way of seeing whether any particular tariff, or group of tariffs, comes out as being better or worse than any other tariff or group of tariffs.  I'm particularly curious to see how well tariffs like Agile compare, as that's a tariff I have always thought was an interesting one (so much so that I tracked it every day for a couple of years).

Xbigman

Are Agile/Tracker users comparing the actual prices for those tariff's or are you applying the EPG discounts? As I've said a couple of times the last 3 years have been so affected by various events that virtually nothing can be learned from them. 

Another point. If you have increased your usage on negative pricing days you should also say so. It means you've used more but at a lower rate. Personally I like to be a low user first and worry about the average later, if at all. So this financial year so far I have averaged 19.59p a kwh (mix of Agile and Tracker) which doesn't look so good compared to others but I'm on target to end the year below 1200 kwh total usage. That's the metric I value.


Darren

Netexporter

Are Agile/Tracker users comparing the actual prices for those tariff's or are you applying the EPG discounts?

I'm quoting what's on my bill. No discounts involved.

I use as much as I can when I'm being paid to use it and use next to nothing during the peak periods. I do have an EV, so charging that when prices are negative does help pull the average down.