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Time of Use Variable Unit Price Cap?

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  • sav0
    sav0 Posts: 19 Forumite
    Third Anniversary 10 Posts Name Dropper
    I have a smets2 meter that isn't smart it will not send readings and my supplier  all they suggested is I pay DNO to get my smart meter moved to see if that fixes it. It used to work when EON fitted it but hasn't worked since flitting to EDF and Octopus.
    Now if they introduce this time of day metering will people like me who went down the smart meter route be penelised because their meter isn't working? 
  • MattMattMattUK
    MattMattMattUK Posts: 11,192 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    sav0 said:
    I have a smets2 meter that isn't smart it will not send readings and my supplier  all they suggested is I pay DNO to get my smart meter moved to see if that fixes it. It used to work when EON fitted it but hasn't worked since flitting to EDF and Octopus.
    That seems slightly odd, have you raised a formal complaint? EDF I could understand, especially as they are in the middle of a system migration, but I am surprised Octopus have not at least sent an engineer. 
    sav0 said:
    Now if they introduce this time of day metering will people like me who went down the smart meter route be penelised because their meter isn't working? 
    There will likely be two tariffs, a ToU tariff, with variable cost in different windows and a non-ToU tariff which will be at a higher rate throughout the whole day, although at least initially not at the level of the peak rate on the ToU tariff. I suspect that there would also be some accommodation for those with non-working smart meters, but zero accommodation for those who refuse to have one fitted. 
  • MeteredOut
    MeteredOut Posts: 3,059 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 26 March 2024 at 11:08AM
    sav0 said:
    I have a smets2 meter that isn't smart it will not send readings and my supplier  all they suggested is I pay DNO to get my smart meter moved to see if that fixes it. It used to work when EON fitted it but hasn't worked since flitting to EDF and Octopus.
    Now if they introduce this time of day metering will people like me who went down the smart meter route be penelised because their meter isn't working? 
    I'd like to think they'd build into the system something where people who have a smart meter and have registered it as not working have a tariff that does not cost them more due to that issue. That would put the onus on the supplier to get it fixed. It'd have to cater for those who cannot get the current versions of smart meters due to localised comms issues too.

    And the tin-foil heids who refuse to have a smart meter "because Daily Mail" should have a tariff that does cost them more :smile:
  • Qyburn
    Qyburn Posts: 3,605 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    I would expect there to be many more than just two tariffs, assuming suppliers are allowed at least some degree of creativity. Just looking at Octopus they already have multiple such tariffs, Agile, two versions of Flux, some EV tariffs.
  • The media doing what the media do

    "Millions of households with smart meters face paying more for their electricity at the busiest times of day under plans by the energy watchdog. "

    instead of

    "Millions of households with smart meters could pay less for their electricity at the quietest times of day under plans by the energy watchdog. 

    Ho hum.
    Which quote is most likely to apply to hard working person(s) out all day at work with a family ?
    Lots of hard working people have lived for decades in homes with E7 and E10 tariffs. It's not a new thing... though being able to charge an EV overnight for pennies is. 
    I'm not an early bird or a night owl; I’m some form of permanently exhausted pigeon.
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