octopus new tariff july v1

barker77

debitcardmayhem said:

barker77 said:

QrizB said:

barker77 said:

Yes but the certificates bought lead to real increases in renewables year on year.

That's a matter of opinion.

REGOs are so cheap that I don't think selling them makes a real difference to energy producer's exonomics. Current trading is around £4/MWh, 0.4p/kWh.

https://renewable.exchange/blog/rego-market-trends-h1-2025

Sure, but they are needed for the millions of customers who choose to pay the bit extra to get renewables. Without them there is no demand and it’s the demand that increases generation (I appreciate there is an argument it would happen anyway but this does increase it ) 

There shouldn’t be a premium for “getting renewables” since the power that comes into to your premise is by its nature is a mix, of gas,nuclear,wind,solar,stored hydro and of course the ultra renewable carbon neutral  wood burning(sic).

There is though. It costs money to build. 

debitcardmayhem

barker77 said:

debitcardmayhem said:

barker77 said:

QrizB said:

barker77 said:

Yes but the certificates bought lead to real increases in renewables year on year.

That's a matter of opinion.

REGOs are so cheap that I don't think selling them makes a real difference to energy producer's exonomics. Current trading is around £4/MWh, 0.4p/kWh.

https://renewable.exchange/blog/rego-market-trends-h1-2025

Sure, but they are needed for the millions of customers who choose to pay the bit extra to get renewables. Without them there is no demand and it’s the demand that increases generation (I appreciate there is an argument it would happen anyway but this does increase it ) 

There shouldn’t be a premium for “getting renewables” since the power that comes into to your premise is by its nature is a mix, of gas,nuclear,wind,solar,stored hydro and of course the ultra renewable carbon neutral  wood burning(sic).

There is though. It costs money to build. 

And the cost of that is spread over all customers, you said millions pay extra for getting renewables on top of what they already pay, but still they get the mix.

EssexHebridean

The V2 is 0.05p cheaper than the V1, for me, with the same SC. Not currently worth my time to do the admin to switch again, but let’s see where it goes… 

Lorian

Im hoping for an electric fix at least 8% down on this before winter. I'm not sure we will be lucky.

Mr_Benn

Im currently on an Octopus fixed rate which ends in August. 

Checking different companies rates, I cant understand why Octopus's standing charges are so much higher than othe companies ?

Id like to stay with Octopus, but using the compaison sites switching to EDF currently saves me £100 per year. 

northernstar007

July V3 is now out
again very little difference

Rosie1001

Mr_Benn said:

Im currently on an Octopus fixed rate which ends in August. 

Checking different companies rates, I cant understand why Octopus's standing charges are so much higher than othe companies ?

Id like to stay with Octopus, but using the compaison sites switching to EDF currently saves me £100 per year. 

I am trying to leave Edf , even if they give me a fantastic rate I’m still leaving 

when something goes wrong , their customer service is appalling , that is something to consider 

for £100 savings , I definitely would not change to them , it’s just not worth it 

20122013

Mr_Benn said:

Im currently on an Octopus fixed rate which ends in August. 

Checking different companies rates, I cant understand why Octopus's standing charges are so much higher than othe companies ?

Id like to stay with Octopus, but using the compaison sites switching to EDF currently saves me £100 per year. 

Does the EDF tariff have an exit fee per fuel?  

MarzipanCrumble

Octopus high standing charges:
I asked about this and was told that it compensated for not having any fee attached if you changed tarrif either within Octopus or by moving away.

EDF SC are far lower than Octopus - but £50 fee per utility if you change before end of contract.  

Lorian

northernstar007 said:

July V3 is now out
again very little difference

Slightly higher for me. definitely regretting not taking the loyalty electric fix