Variable IOG price increase from May 1st

[GaryMG4]

So its going up to 6.9p/30.26p, wish I'd fixed like @Rolfe

 

[Jomarkh]

Where did you get this information from?

 

[GaryMG4]

Where did you get this information from?

Email from Octopus at 17:00 today. It also mentioned the 6 hour cap coming soon (early May) plus another 1p on the standing charge.

 

[tsedge]

Emails are going out, got mine today

 

[Jomarkh]

Not had that yet

 

[tsedge]

30p peak is a bit rough, but I suppose this is only the beginning of the increases, sigh

 

[GaryMG4]

30p peak is a bit rough, but I suppose this is only the beginning of the increases, sigh

Agreed, more incentive for me to max out my solar(fit) usage.

 

[Jomarkh]

Is the fix changing?
I still don't know how a fix rate can change more than a variable rate.

 

[Everest]

What is peak rate electricity

 

[tsedge]

What is peak rate electricity

It is a terrible thing - nearly as bad as people gloating that they never pay it.

 

[Kenp1]

What is peak rate electricity

About 28p a unit.