camelot-forum.co.uk

At long last energy companies are going to have to do a zero standing charge tarrif.

Thats an interesting development, long overdue too, I wonder what the octopod will roll out as their offering ? That could become the summertime default tariff when the panels are enough to run the home.

Moxi

The cynical part of me thinks they will just add a termination charge to prevent chopping and changing tariffs.

Tinbum wrote: ↑Thu Dec 12, 2024 10:05 am At long last energy companies are going to have to do a zero standing charge tarrif.

Brilliant!

The market is starting to function!

Article giving a litle explanation: https://www.bbc.co.uk/news/articles/c3vrw4z2y59o

Octopus has a no standing charge tariff already but it's a business-only deal at the moment.
https://octopus.energy/blog/no-standing ... ss-tariff/

Countrypaul wrote: ↑Thu Dec 12, 2024 10:22 am Article giving a litle explanation: https://www.bbc.co.uk/news/articles/c3vrw4z2y59o

Thanks, I couldn't put a link in as I was using my phone and was in the BBC app.

Fantastic news. Our last monthly gas bill was £5.51 gas plus £8.79 standing charges.

Our winter leccy bill might not improve, as increased charge rate will probably off-set SC savings (£18.30). But in the sunnier 7 to 8 months, we should gain massively too.

This will benefit all low users, and improve the benefits from energy efficiency, PV etc, by shifting SC costs onto leccy unit costs, that can then be reduced.

I did look at moving supplier to UtilitySomethingOrOther who do offer a zero standing charge tariff but charge a higher rate for the first two units a day. Would be slightly cheaper over the year for me but it was only for a pre-payment meter and I don't want to go down that road...

I was very miffed when Ebico were forced to stop their zero-standing-charge tariff(s). Around 2018 approx.

I can't remember exactly why, but vaguely remember it was ordered by the regulator and related to the Price-Capping-Regime.

Ebico Zero (tariff) was charging 17p per kWh at the time.

IMO. the ONLY way to get most people to cut their energy usage is to reward them with a significant money-value incentive. . . . Providing a survivable world for future generations just doesn't seem to cut through . . . . which is very, very strange !