| Energy price cap. 09:19 - Sep 8 with 2509 views | BanksterDebtSlave |
If you don't spend £2500 on metered energy will you still be paying full wack? Eg us poor folk on oil for heating in the sticks. |  |
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| Energy price cap. on 09:28 - Sep 8 with 1932 views | homer_123 |
Well, the obvious thing to do is burn as much oil as you can to ensure you are over the £2.5k cap and then you are getting a great deal. |  |
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| Energy price cap. on 09:54 - Sep 8 with 1869 views | BloomBlue |
Is the cap going to be a max cap ie nobody will pay more than £2500?
If yes doesn't it create another potentian problem for the environment of a lot of people saying great I'll leave the heating on permanently we won't have to pay more than £2500? |  | | |
| Energy price cap. on 09:56 - Sep 8 with 1851 views | BlueRaider |
| Energy price cap. on 09:54 - Sep 8 by BloomBlue |
Is the cap going to be a max cap ie nobody will pay more than £2500?
If yes doesn't it create another potentian problem for the environment of a lot of people saying great I'll leave the heating on permanently we won't have to pay more than £2500? |
The cap is based on average usage, so you can still pay more if you use loads |  |
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| Energy price cap. on 09:58 - Sep 8 with 1842 views | BanksterDebtSlave |
| Energy price cap. on 09:28 - Sep 8 by homer_123 |
Well, the obvious thing to do is burn as much oil as you can to ensure you are over the £2.5k cap and then you are getting a great deal. |
Don't think our heating oil costs will be included in the £2500. | |
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| Energy price cap. on 09:58 - Sep 8 with 1844 views | homer_123 |
| Energy price cap. on 09:54 - Sep 8 by BloomBlue |
Is the cap going to be a max cap ie nobody will pay more than £2500?
If yes doesn't it create another potentian problem for the environment of a lot of people saying great I'll leave the heating on permanently we won't have to pay more than £2500? |
Energy price cap. by homer_123 8 Sep 2022 9:28Well, the obvious thing to do is burn as much oil as you can to ensure you are over the £2.5k cap and then you are getting a great deal.
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| Energy price cap. on 10:01 - Sep 8 with 1820 views | C_HealyIsAPleasure |
| Energy price cap. on 09:56 - Sep 8 by BlueRaider |
The cap is based on average usage, so you can still pay more if you use loads |
Yep, quite
Unless there’s something I’ve missed the announcement is expected to be that the unit price will be frozen for customers at the level which means the average household pays £2.5k (but getting £400 back), plus potentially a VAT cut, with the government funding the rest
So use more than the average and whilst the unit price will be capped, the number of units will mean you’ll be paying more, and vice-versa if you use less
Some people might be in for a shock if they start whacking their heating up to 25 expecting to only pay £2.5k! |  |
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| Energy price cap. on 10:33 - Sep 8 with 1701 views | giant_stow |
| Energy price cap. on 09:58 - Sep 8 by BanksterDebtSlave |
Don't think our heating oil costs will be included in the £2500. |
Heating oil isn't capped is it?
Feel for you - mrs ullla's mum is in the same boat - reckons she paid £5 grand in oil costs last year, with leccy on top. |  |
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| Energy price cap. on 10:40 - Sep 8 with 1665 views | clive_baker |
| Energy price cap. on 10:33 - Sep 8 by giant_stow |
Heating oil isn't capped is it?
Feel for you - mrs ullla's mum is in the same boat - reckons she paid £5 grand in oil costs last year, with leccy on top. |
£5k? Where does she live, Balmoral? |  |
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| Energy price cap. on 10:43 - Sep 8 with 1655 views | giant_stow |
| Energy price cap. on 10:40 - Sep 8 by clive_baker |
£5k? Where does she live, Balmoral? |
Its a little 2 bed cottage but it came with an oil-powered Arga which is too pricey to remove
- she even turns it off in summer and cooks via a 2 ring electric hob! Mrs ullaa's mum is prone to exaggeration sometimes though.. | |
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| Energy price cap. on 10:43 - Sep 8 with 1651 views | OldFart71 |
Simple answer is if you use more you'll pay more. If you use less you'll pay less. | | | |
| Energy price cap. on 10:51 - Sep 8 with 1586 views | clive_baker |
| Energy price cap. on 10:43 - Sep 8 by giant_stow |
Its a little 2 bed cottage but it came with an oil-powered Arga which is too pricey to remove
- she even turns it off in summer and cooks via a 2 ring electric hob! Mrs ullaa's mum is prone to exaggeration sometimes though.. |
£5k is punch but I do sympathise and know all too well that those old AGA's can be outrageously inefficient to be fair. It's effectively the equivalent of having 2 radiators on full blast in your kitchen 24/7 365 days a year, and because they take 8 hours to cool down and heat up you can't really turn them off unless you have another means of cooking. There isn't much of a market for them right now as you can imagine but there's still companies out there that would come and dismantle it and take it away if you let them keep the bits to sell for spares. Best case they'll come and do it free (2 hour job), worst you're probably looking at a couple of hundred £. But sacking it off and replacing it with a 'normal' cooker would probably pay back in month 2 or 3 depending on what she got in its place. Not to mention not being unbearably hot in summer and better for the planet.
My parents took their 30 year old Gas one out in May, their usage went down 85% in the summer months, saved them about £200 a month. Won't be quite as drastic in winter as it was also heating the house. | |
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| Energy price cap. on 10:53 - Sep 8 with 1560 views | Guthrum |
| Energy price cap. on 10:43 - Sep 8 by giant_stow |
Its a little 2 bed cottage but it came with an oil-powered Arga which is too pricey to remove
- she even turns it off in summer and cooks via a 2 ring electric hob! Mrs ullaa's mum is prone to exaggeration sometimes though.. |
That scenario is a very pricey one. Some friends of mine were in the same situation, but were able to persuade their landlord to take out the oil-fired Arga and replace with an ordinary cooker, plus a wood-burner for warmth. |  |
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| Energy price cap. on 10:56 - Sep 8 with 1547 views | Ryorry |
| Energy price cap. on 10:33 - Sep 8 by giant_stow |
Heating oil isn't capped is it?
Feel for you - mrs ullla's mum is in the same boat - reckons she paid £5 grand in oil costs last year, with leccy on top. |
Nor are wood pellets for our biomass boiler, the cost of which has rocketed, as much previously came from Ukraine. |  |
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| Energy price cap. on 10:59 - Sep 8 with 1528 views | giant_stow |
| Energy price cap. on 10:51 - Sep 8 by clive_baker |
£5k is punch but I do sympathise and know all too well that those old AGA's can be outrageously inefficient to be fair. It's effectively the equivalent of having 2 radiators on full blast in your kitchen 24/7 365 days a year, and because they take 8 hours to cool down and heat up you can't really turn them off unless you have another means of cooking. There isn't much of a market for them right now as you can imagine but there's still companies out there that would come and dismantle it and take it away if you let them keep the bits to sell for spares. Best case they'll come and do it free (2 hour job), worst you're probably looking at a couple of hundred £. But sacking it off and replacing it with a 'normal' cooker would probably pay back in month 2 or 3 depending on what she got in its place. Not to mention not being unbearably hot in summer and better for the planet.
My parents took their 30 year old Gas one out in May, their usage went down 85% in the summer months, saved them about £200 a month. Won't be quite as drastic in winter as it was also heating the house. |
Yeah it would definitely make sense to remove it, but it's so integral to the whole kitchen, she'd basically need re-work the whole room, so expensive.
She's 79, a smoker and a puffer and convinced she doesn't have long left (even though she's as fit as a fiddle). That attitude is stopping her from laying out loads. Same with Solar: She has a huge non-overlooked field where she could plonk some panels, but won;t stand the outlay as she feels she'll be dead before it pays for itself. Bonkers outlook (in many respects) if you ask me - she could easily go well past 90, but she won't be moved. | |
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| Energy price cap. on 11:01 - Sep 8 with 1526 views | giant_stow |
| Energy price cap. on 10:56 - Sep 8 by Ryorry |
Nor are wood pellets for our biomass boiler, the cost of which has rocketed, as much previously came from Ukraine. |
Sorry to hear that mrs. I know firewood has gone up a lot too -rough out there in the sticks. | |
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| Energy price cap. on 11:01 - Sep 8 with 1525 views | hoppy |
| Energy price cap. on 10:33 - Sep 8 by giant_stow |
Heating oil isn't capped is it?
Feel for you - mrs ullla's mum is in the same boat - reckons she paid £5 grand in oil costs last year, with leccy on top. |
"Feel for you - our mum is in the same boat - reckons she paid £5 grand in oil costs last year, with leccy on top."
There you are, corrected it for you. |  |
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| Energy price cap. on 11:04 - Sep 8 with 1511 views | vilanovablue |
| Energy price cap. on 09:54 - Sep 8 by BloomBlue |
Is the cap going to be a max cap ie nobody will pay more than £2500?
If yes doesn't it create another potentian problem for the environment of a lot of people saying great I'll leave the heating on permanently we won't have to pay more than £2500? |
Which one of my particularly stupid mates has already suggested because he can afford it. |  | | |
| Energy price cap. on 11:05 - Sep 8 with 1508 views | clive_baker |
| Energy price cap. on 10:59 - Sep 8 by giant_stow |
Yeah it would definitely make sense to remove it, but it's so integral to the whole kitchen, she'd basically need re-work the whole room, so expensive.
She's 79, a smoker and a puffer and convinced she doesn't have long left (even though she's as fit as a fiddle). That attitude is stopping her from laying out loads. Same with Solar: She has a huge non-overlooked field where she could plonk some panels, but won;t stand the outlay as she feels she'll be dead before it pays for itself. Bonkers outlook (in many respects) if you ask me - she could easily go well past 90, but she won't be moved. |
Fair enough then, some battles are worth having but from my experience dealing with that generation, some definitely aren't haha. My mum was a little reluctant I must say, she had it in her head that the AGA added value to the house. Pretty sure it would put off more people than it would attract right now, and for something they struggled to even give away for free I'm not sure how much value she thought it added! But it's all she had known for the last 30 years. My dad was the one who was definitely more on the side of binning it. | |
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| Energy price cap. on 11:06 - Sep 8 with 1503 views | giant_stow |
| Energy price cap. on 11:05 - Sep 8 by clive_baker |
Fair enough then, some battles are worth having but from my experience dealing with that generation, some definitely aren't haha. My mum was a little reluctant I must say, she had it in her head that the AGA added value to the house. Pretty sure it would put off more people than it would attract right now, and for something they struggled to even give away for free I'm not sure how much value she thought it added! But it's all she had known for the last 30 years. My dad was the one who was definitely more on the side of binning it. |
Yeah these things often get more emotional than rational, but with you totally - an arga is a major negative these days. | |
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| Energy price cap. on 11:14 - Sep 8 with 1460 views | BanksterDebtSlave |
| Energy price cap. on 10:33 - Sep 8 by giant_stow |
Heating oil isn't capped is it?
Feel for you - mrs ullla's mum is in the same boat - reckons she paid £5 grand in oil costs last year, with leccy on top. |
In percentage terms it may not have gone up as much as gas and electric...not sure to be honest. Free wood supplies will definitely be useful this winter.
The unit prize being frozen is obvious now it has been pointed out. The average price angle is a strange way to frame it. [Post edited 8 Sep 2022 11:16]
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| Energy price cap. on 11:20 - Sep 8 with 1440 views | TractorBrew |
Gut feel is it hasn't gone up as much, but think this time last year we paid around 50p a litre and now it is looking more like 95p, so pretty much doubled.
We get through about 1000-1500l a year with a victorian 4 bed semi - brand new boiler last year which is about 15% more efficient, so will see how it goes! I also maxed out on smart tech with it, so every radiator can be controlled. With WFH this has been a huge benefit. | | | |
| Energy price cap. on 12:22 - Sep 8 with 1303 views | Ryorry |
| Energy price cap. on 11:05 - Sep 8 by clive_baker |
Fair enough then, some battles are worth having but from my experience dealing with that generation, some definitely aren't haha. My mum was a little reluctant I must say, she had it in her head that the AGA added value to the house. Pretty sure it would put off more people than it would attract right now, and for something they struggled to even give away for free I'm not sure how much value she thought it added! But it's all she had known for the last 30 years. My dad was the one who was definitely more on the side of binning it. |
Can't AGAs be converted from oil to electric though? 🤔 Have a vague memory stirring somewhere in the deep folds of my grey matter about people doing that, but could well be wrong. | |
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| Energy price cap. on 12:31 - Sep 8 with 1266 views | clive_baker |
| Energy price cap. on 12:22 - Sep 8 by Ryorry |
Can't AGAs be converted from oil to electric though? 🤔 Have a vague memory stirring somewhere in the deep folds of my grey matter about people doing that, but could well be wrong. |
Yes they can but it costs a fortune to do, literally thousands. You're quite right that could be an option though. | |
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| Energy price cap. on 12:35 - Sep 8 with 1256 views | Freddies_Ears |
| Energy price cap. on 09:54 - Sep 8 by BloomBlue |
Is the cap going to be a max cap ie nobody will pay more than £2500?
If yes doesn't it create another potentian problem for the environment of a lot of people saying great I'll leave the heating on permanently we won't have to pay more than £2500? |
There is no price cap. It's a rate cap, so a household with 'average' use will end up paying £2500. If you use less than the 'average', you will pay less. If you use more, you will pay more. As for larger properties, larger households, poorly insulated properties, and people stuck oop North where the weather is bleak - they are likely to have to pay far more than £2,500.
Oh, and £2,500 for an 'average' family? That is still a lot to pay - over £200 per month... | | | |
| Energy price cap. on 12:36 - Sep 8 with 1246 views | clive_baker |
| Energy price cap. on 11:20 - Sep 8 by TractorBrew |
Gut feel is it hasn't gone up as much, but think this time last year we paid around 50p a litre and now it is looking more like 95p, so pretty much doubled.
We get through about 1000-1500l a year with a victorian 4 bed semi - brand new boiler last year which is about 15% more efficient, so will see how it goes! I also maxed out on smart tech with it, so every radiator can be controlled. With WFH this has been a huge benefit. |
Its up a lot against last year but I also tell myself that a 'normal' gas price was about 65p a litre pre Covid. So while I'm paying 95p now, that's broadly +50% on those levels. We've also benefitted from a year or more in 2020 - 2021 where it dropped. I filled my tank right up for about 30p a litre when we locked down the first time. I'm still not 'breaking even' vs. pre Covid prices, but when I look at the fluctation in both directions, by the time we get to Spring 2023 that last 3 year period might perhaps 'only' have cost 30% ish more than vs. 2019 prices. | |
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