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.

 

[Gomev]

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

Has anyone heard about the non-fixed plain Go rates yet ?

 

[Rolfe]

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.

I wish I'd waited four months before fixing mine! But I was afraid the offer would disappear.

 

[GaryMG4]

I wish I'd waited four months before fixing mine! But I was afraid the offer would disappear.

Isn't hindsight wonderful.

 

[Rolfe]

Of course, if I'd known the offer was going to last that long, I'd have waited. But I didn't, and at least I've got the tariff till October rather than not having it at all.

 

[Everest]

Has anyone heard about the non-fixed plain Go rates yet ?

standing charge up to 53.892p / day
day (per kWh) from 28.604p to 31.179p
night (per kWh) from 6.500p to 8.625p

 

[Eclectic]

The prices only went down a month ago! If I ruled the World.....there would be a lot less people in it!

 

[Alb]

Just got my email from Octopus (Standard Go) and they are quoting for my postcode:

Day	29.732 p/kWh
Night	8.625 p/kWh
Standing Charge	59.05p/day

There are definitely cheaper alternatives and for the first time I'm looking at standard fixed tariffs. Outfox Energy are coming in at 19.775p/kWh and with my low annual mileage, this would amount to less than the cost of an EV tailored one!

 

[Kenp1]

My day rate has gone up to 28.864 p
Night rate has gone up to 6.9 p

 

[Gomev]

Got my email, going up by more than it went down. Standing charge in my area getting even costlier.

Just got my email from Octopus (Standard Go) and they are quoting for my postcode:

Day	29.732 p/kWh
Night	8.625 p/kWh
Standing Charge	59.05p/day

There are definitely cheaper alternatives and for the first time I'm looking at standard fixed tariffs. Outfox Energy are coming in at 19.775p/kWh and with my low annual mileage, this would amount to less than the cost of an EV tailored one!

As a low user, apart from EV charging, the spreadsheet is going to get some hammer shortly.