Reply To: Energy Price Rises Hi all, What’s everyone thinking of doing RE energy bills? Going on variable and paying the cap prices? Choosing a 1 or 2 year fixed tariff? Staying with current supplier…

[kev2021]

Yes, i’m sure I saw on BBC site that on 15th budget, they were going to announce to keep the £2.5k limit until July, I can only assume that’s because in theory it will start to get warmer so people wont be using much heating so the cost wont be that much, certainly not as much as through winter months.  Here is a link to article that implies expected U-turn and for it to be kept: https://www.bbc.co.uk/news/business-64830701

My only idea to move to Octopus was because of 2 reason:-

1. My Gas meter is currently a normal standard meter, which is no big issue as its outside the property so can be read any time supplier requires but I’m considering switching it to a smart meter and I prefer the Uniflow type Gas meters (which look more than the traditional gas meters) rather than the much smaller white one.  Do idea why I have a preference as it will sit in the box and never be seen etc but I just prefer the uniflow style ones and I believe Octopus are fitting those, whereas my existing supplier only fits the small white ones, which I’m not keep on.
2. Due to the way things are going car wise, I’m not sure we have reached the stage of going full electric yet, partly due to the high prices for full electric, limited range and limited charging points, however, I am considering a hybrid for my next car.  My commute to work is approx. 30 miles a day so potentially I could go to work and back on Elec each day BUT would need charging every night, but as sit in quiet a bit of traffic, not sure what the Elec is like so may end up switching to petrol engine for a short part of the trip if the Elec runs out but would still be cheaper than petrol I believe and as Octopus do different tariffs, I potentially could get a cheaper tariff for charging the car of a evening/night.  Obviously I’ve got the cost of finding & getting a charger installed but hopefully that’s a one off cost but fear is IF they increase the battery technology they will change the charging capacity of Elec chargers meaning need to get a different one but time will tell on that.

Not decided on what hybrid car yet but would have advantage of petrol when on longer runs, albeit no doubt a smaller tank size.

Kev

 

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