Home Energy Rates

IOWJJBTM2025

Hi All,
Many thanks for all your comments and advice.
As I see it I could use my combi boiler to supply a shower.
I can buy a unit with a thermostatic valve that will simply connect in place of the existing bath taps. There is a built in valve that allows me to direct water to a shower head or into the bath. It costs approx £200 and I have family that would be able to install.
I assume that the boiler will supply water at 60 degrees and the thermostatic valve in the new unit will add cold water to reduce the temperature to 40 degrees. I also assume that I would need to ensure that the flow is large enough so that the boiler does not keep switching on and off.
Am still scratching my head that I am heating up water to cool it down again which is not the best efficiency.
As mentioned above it may take some time to save the cost of the new unit.

As for my original question I have worked out what MSE forecast for Home Energy costs are.
At the moment Home Energy for my usage is discounting the Price Cap by 18%.
What MSE are doing in their predictions are calculating that Home Energy will revert to Price Cap on 1st Jan'26.

I have done some calcs to work out what Price Cap Costs for a year would be including the announced rise in Jan'26, A 4% increase in Apr'26 and a 1% reduction in Jul'26. My Energy Cost on Price Cap would be £2,539 per year.
Looking at 12 month Fixes I have the worked out the following costs:-
EDF Simple Fix = £2,295 / Ecotricity = £2,237

I have also looked at EV fixed tariffs as follows: -
Fuse Energy = £2,303 / Next Drive = £2,282
I am not a big fan of EV Tariffs as it would mean having to setup scheduled charging in the early hours of the morning. Charging the car has been ok but there are a handful of times when charging has failed and either the wall charger or the car has had to be reset. Currently if the car gets to 40% I plug in the car and charge up to 80% which takes 4 hours. I can do this at any time of the day.

All the above fixes would cost £150 early exit fees if better offers are released.

I have no clue as to what Home Energy variable Tariff costs will be in the future.
My Octopus discounted rate ended in September and I joined Home Energy because they were the cheapest.
Since joining Home Energy I have had no price rises yet even though there was an Energy Cap increase on 1st October.
If Home Energy maintain a discount of 18% from price Cap my energy cost for the year would be £2,082

There is no exit fee to leave Home Energy so my thought is to remain with Home Energy for now and monitor.
Who knows what could happen in the next year that would impact energy costs. The government was suggesting that they were going to go something about costs. I know Martin Lewis has been campaigning about the Standing charges. In my calcs it shows that just to have Electric & Gas Connections costs around £250 per year, rising up to £375 per year for EV Tariffs.