[simmerup]

Wouldn’t we just use more electricity?

I know I cut back on my electric because it costs 28p per kwh, which is crazy high.

[londons_explore]

And only like 6.7p/kWh is the actual cost of the electricity. All the rest is government taxes, fees, eco incentive schemes, smart meter rollout schemes, etc.

Considering how critical the cost of energy is to the economic success of a country, it was a really dumb move to let anyone bolt compulsory extra charges onto the cost of energy.

[pydry]

Yep, and start using electricity when it is cheaper. Already some of my friends have their car chargers hooked up to octopus agile.

I'm thinking of hooking my house up to it to take advantage of those periods of crazy cheap electricity.

I think we're so used to electricity being the same price all the time because we all emerged from the coal world that it blinds us to the options available to shift demand.

[marcosscriven]

Who do you get energy from? Octopus Tracker is currently 15p, and not been over 19p for months. A few days in December it was down to 7p.

[simmerup]

Really?! I’m on ‘Flexible Octopus’ — the only alternative they’re offering me is Octopus Fixed which is 26p per kwh for 12 months

Edit; Oh, I see, I need a smart meter to get Tracker. I’m a renter so not sure about the process for getting a smart meter there

[martinald]

Yes this is the best kept 'secret' in the UK power market right now. It's basically half price. I was expecting prices to spike over the winter a bit and reduce the savings but they haven't.

Paying approx 15p/kWh for electricity and 4p/kWh for gas, which is about half of the price cap rates.

[simmerup]

Thanks for the info.I need to sort my smart meter. My gas at the moment is 7.3p per kwh