April 2023 Electricity Prices

The amount of money that is being spent on paying for contract labour in the NHS service is totally eye watering and obscene.

If the ex boss of ICI couldn't streamline the NHS, what chance in the current climate? There's too much paper pushing and chiefs and not enough Indians, and wasting the funding.

Agreed- and why are we having to recruit from overseas? Because they stopped the bursary and few people can now afford the £8k to become a nurse. The powers that be were warned what would happen, but typically they took the route of short term savings and ended up with long term expense.

awbugritt said:

Agreed- and why are we having to recruit from overseas? Because they stopped the bursary and few people can now afford the £8k to become a nurse. The powers that be were warned what would happen, but typically they took the route of short term savings and ended up with long term expense.

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Look at these eye watering figures spent on staffing shortages.
The NHS is burning money at an alarming rate, we should have a much better service given the money being thrown at it !.
Short term cuts have resulted in a service that is truly broken .
The quote below has been extracted from a BMJ article.

“The extreme staffing pressures being faced by the NHS have been brought into focus by new figures which revealed that trusts spent billions on agency and bank staff last year to meet demand.

With vacancies at a record high and shifts a struggle to fill, trusts were forced to break framework agreements that cap their spending on agency staff rates—something they are permitted to override in exceptional cases.

An investigation showed that during 2021-22 60 trusts in England spent more than £800m on temporary staff and the total spend on bank staffing exceeded £1.7bn.

Extrapolating these figures to all trusts in England would mean that the total spend on temporary staffing across the NHS amounted to £8.9bn.

Figures revealed that one trust (Great Western Hospitals NHS Foundation Trust in Swindon) had paid £2548.69 for a single agency nurse to cover a shift. Nottingham University Hospitals NHS Trust was found to have spent more than any other trust on agency staff, paying £44m last year.

Overall, one in three NHS trusts paid an agency more than £1000 for a single shift last year, while one in every six trusts paid more than £2000, results from freedom of information requests reveal”.

That's bloody obscene

A lot of staff including top consultants either leaving the NHS on a PAYE system and offering there services back to the same health board on a ridicules inflated hourly rate.
Or working part time NHS and then more hours taken from the register.
Likely to be even sitting in the very same seat in the same hospital.
And we ask ourselves why we can’t get an appointment to see these people under the normal NHS waiting list ?.
Throwing more and more money at it, just makes the problem worse, but keeps costs rising every single year and the service deteriorating.
The whole system needs a complete overhaul from the top down !.

Back on electricity prices. British gas has just reintroduced it's EV driver tariff.
41.8 p per kwh peak
12 p per kwh off peak (midnight-5 am)
39 p per day standing charge.

yes just gone onto British gas "electric driver" tariff just had confirmed email this has come just in time get car on Monday that equates to about £6-00 to charge 50 kWh battery

Hopefully this doesn't happen here. Public chargers from EnBv 38 cents/kwh on Type 2 connections, 48 cents/kwh on CCS (with an ADAC card reduction). No standing charges.

NickHeynes said:

Back on electricity prices. British gas has just reintroduced it's EV driver tariff.
41.8 p per kwh peak
12 p per kwh off peak (midnight-5 am)
39 p per day standing charge.

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Easily comparable to current Octopus Go tariffs on offer.
Slightly more peak, same off peak but an extra hour and a lot less Standing charge.

tsedge said:

Hi,

What do people think the cap will mean for both standard and Octopus Go rates from April 2023?

The energy “cap” is rising from £2,500 to £3,000, which is a 20% rise (remember that the £66/67pm is a £400 subsidy we won’t get next year, so bills will actually rise by 43%).

The cap covers both standing charges and unit rates and the mix across gas and electricity varies - for example next year we may have lower standing charges if we have paid off some of the energy company failures from last year. Then also, the rates/charges vary regionally.

Cornwall Insight’s latest predictions:

Predicted fall in the April 2023 Price Cap but prices remain significantly above the EPG

Our latest Default Tariff Cap (price cap) forecasts for April – June 2023 (Q223) have dropped by over £600 since the last widely released figures on 17 October.

www.cornwall-insight.com

I am thinking the basic rate will be 40p/kWh and Octopus Go will be 50p/17.5p

Edit: And I am thinking rapid chargers will rise to 75-90p/kWh.

Edit2: Got my sums wrong! Corrected!

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Unfortunately, I didn't renew my Octopus Go early at end of September before the October price hike. When I contacted Octopus on several times in Sept I was advised not to renew early (I was at that time on 24.5p and 5p) as my tariff was fixed until Dec 17th. In September I would have given up 24.5p/5p for a rate of 40p/7.5p but since 40% of my consumption was at the GO Night rate it seemed to me to be reasonable hedging against the then-unknown October price rise. I should have stuck to my guns because the renewal in December will be to 44.35p daytime and 12p Go night-time.

However, Octopus seem to have expanded their "Octopus Intelligent" tariff which seems to be a no-brainer with the same Day rate in my postcode of 44.35p and 6 hours at 10p so 2 hours more than Go starting at 23:30 until 05:30 and 2p less.

Gomev said:

Easily comparable to current Octopus Go tariffs on offer.
Slightly more peak, same off peak but an extra hour and a lot less Standing charge.

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What's the standing charge comparison with Gas Octopus v BG?

Gomev said:

Easily comparable to current Octopus Go tariffs on offer.
Slightly more peak, same off peak but an extra hour and a lot less Standing charge.

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And although strictly speaking they can adjust the direct debit amount I can also adjust it so I can balance the account much easier.

To answer the OP's question, I think it means that the cost of electric car motoring will become even more expensive than it is getting now.

Person X is considering purchasing an MG4/ZSEV etc etc

Can I have my electric car grant? No
Okay, I've got a nice driveway for my car, can I book in soon for the workman to call around, which I presume will be after my home charger grant's mostly paid it? No, that grant's gone buddy.
The EV scrappage scheme is a gold mine isn't it? No
Okay fair enough. I'm on a standard tariff, it's peanuts, isn't it, to run an electric car isn't it? No
Okay then, I'll just pop into TESCO as I haven't much disposable income even though I work for a living, and use the free chargers, yeah? No
What's this, I just went past a public charger and I'm seeing 70p/KWH? Has someone vandalised it to pretend it's that price? No
I don't pay vehicle tax for this EV, if I buy it, no? Correct. You're good for that one, but hurry, that one's going soon, too.

Person X: Oh well, my 1L Corsa isn't so bad after all.

Just a thought but the price cap is reviewed every 3 months now so the next price rise is January 2023.

Jon Farmer said:

Just a thought but the price cap is reviewed every 3 months now so the next price rise is January 2023.

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The Ofgem cap changes every 3 months but the government cap on current rates lasts until April, when it increases 20%.

4ND said:

To answer the OP's question, I think it means that the cost of electric car motoring will become even more expensive than it is getting now.

Person X is considering purchasing an MG4/ZSEV etc etc

Can I have my electric car grant? No
Okay, I've got a nice driveway for my car, can I book in soon for the workman to call around, which I presume will be after my home charger grant's been paid it? No, that grant's gone buddy.
The EV scrappage scheme is a gold mine isn't it? No
Okay fair enough. I'm on a standard tariff, it's peanuts, isn't it, to run an electric car isn't it? No
Okay then, I'll just pop into TESCO as I haven't much disposable income even though I work for a living, and use the free chargers, yeah? No
What's this, I just went past a public charger and I'm seeing 70p/KWH? Has someone vandalised it to pretend it's that price? No
I don't pay vehicle tax for this EV, if I but it, no? Correct. You're good for that one, but hurry, that one's going soon, too.

Person X: Oh well, my 1L Corsa isn't so bad after all.

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It is still cheaper. It is going to cost £7.50 to "fill up" my MG4 on the current Octopus Go night rate. That compares with £85 for my Skoda Karoq. The MG will do 200-250 miles. The Karoq gives me 300-350.

No comparison.

tsedge said:

It is still cheaper. It is going to cost £7.50 to "fill up" my MG4 on the current Octopus Go night rate. That compares with £85 for my Skoda Karoq. The MG will do 200-250 miles. The Karoq gives me 300-350.

No comparison.

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The 1.5 Toyota Yaris hybrid 'problem'

tsedge said:

It is still cheaper. It is going to cost £7.50 to "fill up" my MG4 on the current Octopus Go night rate. That compares with £85 for my Skoda Karoq. The MG will do 200-250 miles. The Karoq gives me 300-350.

No comparison.

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What's your Go day rate like. Washing machines and TVs and kettles etc in the daytime?

4ND said:

What's your Go day rate like. Washing machines and TVs and kettles etc in the daytime?

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We’ll run the dishwasher and washing machine at night. Tumble drier is currently broken but we may get a heat pump one to also run at night, or may just leave it.

Edit: The early days with our smart meter show that energy hungry appliances use a bigger proportion than we thought, so it will work out cheaper to be on Go.