UK energy

[roubaixtuesday]

My latest tarrif is 38.715p (day) , 23.15p (night) - I've never known the night tarrif to be one third of the day rate.

Here are my current rates; the night rate is almost a quarter that of the day rate. My fixed deal finished earlier in the year, and these are the figures for this area on the price cap

I have never seen the night rate as small a percentage as this before, (or should that be I've never seen the day rate as large a percentage as this). Strangely, my night rate - day rate ration has fluctuated considerably over the years from around 0.35:1.00 to around 0.50:1.00

Not happy about the standing charge; as a low user it's a significant percentage of my total bill.

IIRC standing charge paid for the companies like bulb which have gone bust, so it's increased. Could be wrong.

[ANTONISH]

My latest tarrif is 38.715p (day) , 23.15p (night) - I've never known the night tarrif to be one third of the day rate.

Here are my current rates; the night rate is almost a quarter that of the day rate. My fixed deal finished earlier in the year, and these are the figures for this area on the price cap

I have never seen the night rate as small a percentage as this before, (or should that be I've never seen the day rate as large a percentage as this). Strangely, my night rate - day rate ration has fluctuated considerably over the years from around 0.35:1.00 to around 0.50:1.00

Not happy about the standing charge; as a low user it's a significant percentage of my total bill.

From that tarrif it looks like your night rate is about 46% of your day rate not 25%.

[Mike Sales]

I thought this might interest.

Bethesda hydro scheme cuts electricity bills by 25%

Energy bills are a worry right now, but people in one village are slashing their bills by using green technology.

Some residents in the Ogwen Valley, in Gwynedd, joined an energy club which uses a hydro-electric scheme.

As a result, they get electricity for 8p a unit at certain times of day - instead of 34p a unit.

A separate scheme sells excess power back to the grid, funding grants for local charities and fitting solar panels in the area.

The Ogwen Valley is one of several places in Wales with community energy projects.

As bills rise, residents said they appreciated it more than ever.

https://www.bbc.co.uk/news/uk-wales-63287373

[Nearholmer]

From that tarrif it looks like your night rate is about 46% of your day rate not 25%.

11.6/45 = 0.26

[853]

I won’t quote the prices for fear of provoking widespread jealousy - I struck very lucky.

Having disclosed I'm currently paying 45.1p per unit for my day rate, I think it would add to the discussion if you did disclose your rates.

I'm not the jealous type, and have noted that you have said " I struck very lucky."

[Nearholmer]

24p day; 8p night.

There, I whispered it.

All that really adds to the discussion is nostalgia for the halcyon days of last September, when I found the tariff.

[853]

24p day; 8p night.

There, I whispered it.

All that really adds to the discussion is nostalgia for the halcyon days of last September, when I found the tariff.

Thanks, I like your style. I guess this shows how good timing can be - when it works for you. (I fixed for a year in April 2021, but when it ended after 12 months there were no fixed deals worth taking)

What about anyone else? I know the price cap prices vary around the country, so can anyone beat my 45.1p a unit?

[Biospace]

In its efforts to make the UK’s energy market more resilient, it is surprising that the Government appears to have overlooked the potential of geothermal energy. The Committee heard that geothermal energy could more than satisfy the UK’s current heating demand, a contribution which could result in a 20% saving on the UK’s current greenhouse gas emissions.

“This energy is beneath our feet and is ready to be explored to test its commercial viability. I expect Ministers will wish to reflect carefully on the evidence the Committee received and reconsider the potential role of geothermal energy in heating UK buildings and providing power while aiding the drive towards net zero emissions targets.

Environmental Audit Committee Chairman, 19th October 2022

https://committees.parliament.uk/commit ... ting-need/

[Biospace]

https://www.reuters.com/business/energy ... 022-10-17/

Earlier on Monday, China halted LNG sales to foreign buyers to ensure its own supply, which market players say might push more vessels to head to Asia

It doesn't sound as if there's a shortage of gas, just distribution difficulties.

Even the price has tumbled,

[Jdsk]

In its efforts to make the UK’s energy market more resilient, it is surprising that the Government appears to have overlooked the potential of geothermal energy. The Committee heard that geothermal energy could more than satisfy the UK’s current heating demand, a contribution which could result in a 20% saving on the UK’s current greenhouse gas emissions.

“This energy is beneath our feet and is ready to be explored to test its commercial viability. I expect Ministers will wish to reflect carefully on the evidence the Committee received and reconsider the potential role of geothermal energy in heating UK buildings and providing power while aiding the drive towards net zero emissions targets.

Environmental Audit Committee Chairman, 19th October 2022

https://committees.parliament.uk/commit ... ting-need/

The Government hasn't overlooked this. Relevant publications on GOV.UK:
https://www.gov.uk/search/all?keywords= ... ted-newest

And the 2013 report: "Deep Geothermal Review Study":
https://assets.publishing.service.gov.u ... _Final.pdf

They should certainly reconsider the economic case.

Jonathan

[Biospace]

In its efforts to make the UK’s energy market more resilient, it is surprising that the Government appears to have overlooked the potential of geothermal energy. The Committee heard that geothermal energy could more than satisfy the UK’s current heating demand, a contribution which could result in a 20% saving on the UK’s current greenhouse gas emissions.

“This energy is beneath our feet and is ready to be explored to test its commercial viability. I expect Ministers will wish to reflect carefully on the evidence the Committee received and reconsider the potential role of geothermal energy in heating UK buildings and providing power while aiding the drive towards net zero emissions targets.

Environmental Audit Committee Chairman, 19th October 2022

https://committees.parliament.uk/commit ... ting-need/

The Government hasn't overlooked this. Relevant publications on GOV.UK:
https://www.gov.uk/search/all?keywords= ... ted-newest

And the 2013 report: "Deep Geothermal Review Study":
https://assets.publishing.service.gov.u ... _Final.pdf

They should certainly reconsider the economic case.

Jonathan

Perhaps Mr Dunne believed that Rees-Mogg needed this bringing to his attention? It's possible he was using the word in a fairly loaded way, as in "you should know all about this so why no recent mention given the crisis?"

The economics of energy are changing, let's see how Sunak and his ministers treat this whole subject.

[Jdsk]

Environmental Audit Committee Chairman, 19th October 2022

https://committees.parliament.uk/commit ... ting-need/

The Government hasn't overlooked this. Relevant publications on GOV.UK:
https://www.gov.uk/search/all?keywords= ... ted-newest

And the 2013 report: "Deep Geothermal Review Study":
https://assets.publishing.service.gov.u ... _Final.pdf

They should certainly reconsider the economic case.

Perhaps Mr Dunne believed that Rees-Mogg needed this bringing to his attention? It's possible he was using the word in a fairly loaded way, as in "you should know all about this so why no recent mention given the crisis?"

The economics of energy are changing, let's see how Sunak and his ministers treat this whole subject.

Yes x2.

Using energy policy for dog-whistling might just have been temporary... or at least to that extent.

Jonathan

[Jdsk]

Ban on fracking reinstated:
https://www.dailymail.co.uk/news/articl ... ledge.html

Jonathan

[Mick F]

Listening to Money Box on R4 the other day, and a lady (ex science teacher) worked out how much she can save on her lecky bill by turning off her automatic electric kettle manually as soon as it reached 100degC. It was surprising how much lecky was used for those ten seconds added up to over a year.

Now, I'm no scientist, and I see her point, but she as an ex science teacher should know that water only boils at 100degC as sea-level.

We live at about 250ft, and people up the hill at 750ft.
If we lived in Princetown up on Dartmoor we would be at 1,400ft.

Found the calculator site.
Interesting eh?
https://www.omnicalculator.com/chemistr ... t-altitude

Water boils in Princetown at 98.62degC ................ and that doesn't include barometric pressure variations!

[al_yrpal]

When we moved here there was a Quooker boiling water tap already installed. We dont have a kettle. In addition to hot drinks its useful for preheating cooking water for veg, pasta and rice. As you only use what you dispense and they claim the constant preheating costs pennies per day I wonder if the Quooker is saving us money?

Al