For help, advice and discussion about stuff not related to aviation. Play nice: no religion, no politics and no axe grinding please.
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#1871610
I was curious enough to look at the Ofgem price cap information. It is another meaningless confusion. Based on the “average” consumption of a dual fuel user, it is simply an annual total. But they do not specify what the actual consumption is that they base it on. Scope for all sorts of obfuscation and very little for the consumer to use as an argument.
#1871619
The gas industry discussed the expansion of storage capacity as far back as 2018 and according to a Reuters article from that time was told by the government that the market would sort it out and that rising gas prices would attract more suppliers, and that government action would not be required.

Understand that the UK's storage capacity would be 2-3 days; the EU's 2-3 months.

I wonder whether this is akin to C19 and Cygnus.
kanga liked this
By johnm
FLYER Club Member  FLYER Club Member
#1871625
The EU has a wholesale price control mechanism as part of its market regulation system. We are no longer part of that, for obvious reasons, so we're getting a bigger hit unless HMG takes some action.
#1871664
The UK has a consumer price cap, hence the title of the thread. A price control system of any kind is of little use when the major supplier is a hostile nation run by murderous despots who patronise an oligarch run energy export trade which turns the gas tap on and off to suit their own political purposes.

The solution is, as it always was, domestic fr@ck ng. Luckily, the UK is well placed to turn on that industry at the drop of a hat if the crusties can be locked up at the gates.

Unluckily, that's going to take some explaining at COP26, but not nearly as much explaining as when Germany consents Nord Stream 2 or when the EU changes their regulations about separate owners of pipes and what flows through them. All three of those things could happen at the same time in November, which will be interesting.

Once we've got fr@cking going we can get those lovely new container sized nuclear plants dotted all around the country and wind down the fossil fuels.
tr7v8 liked this
#1871677
LowNSlow1 wrote:It changes rapidly too ...

That's why some people post pictures of snapshots in time where others post links to dynamic data.

I guess it just depends what you're trying to, er, prove :lol: :lol: :lol:
By riverrock
FLYER Club Member  FLYER Club Member
#1871776
Flyingfemme wrote:I was curious enough to look at the Ofgem price cap information. It is another meaningless confusion. Based on the “average” consumption of a dual fuel user, it is simply an annual total. But they do not specify what the actual consumption is that they base it on. Scope for all sorts of obfuscation and very little for the consumer to use as an argument.

They are called "Typical Domestic Consumption Values" and are set by Ofgem with regular reviews, although the current numbers are intentionally pre-pandemic. See https://www.ofgem.gov.uk/publications/r ... alues-2021

It's a highly regulated industry.
#1871782
@riverrock I see plenty of guff on the subject of average consumption but no actual numbers. How many Kwh, or units, of gas and electricity do they deem “normal”? It’s a simple question and only requires 2 numbers. We could then plug in every tariff and see how it complies.
Flying_john liked this
#1871790
Flyin'Dutch' wrote:@skydriller It is my understanding that these are all interlinked?


Well, yes... Quite simply O&G still makes the world turn regardless of western media suggesting that renewable energy can replace it.... but you (not you personally FD, but the western public) dont want to hear what goes on in the rest of the world.

Anyone with half a brain can work out that these little companies based prices on last years "local C19 economy" and they were making a packet off of the back of the global O&G crash. As the global economy slowly recovers, the O&G price recovers. Because O&G is global, not local, when the price tanked, companies just laid off workers wholesale, cancelled contracts and halted all expenditure...boom and bust, O&G is like that - no furloughs for us :( . The problem now is that restarting isnt instant and as its a truely global industry, travel & C19 restrictions are also having an effect because the right people cant work where they need to.

Regards , SD..
#1871879
Flyingfemme wrote:@riverrock I see plenty of guff on the subject of average consumption but no actual numbers. How many Kwh, or units, of gas and electricity do they deem “normal”? It’s a simple question and only requires 2 numbers. We could then plug in every tariff and see how it complies.


Average Gas Usage in kWh:
Low 8,000 kWh
Medium 12,000 kWh
High 17,000kWh

Electricity:
Low 1,800 kWh
Medium 2,900 kWh
High 4,300 kWh

The numbers are downloadable from
https://www.ofgem.gov.uk/publications/t ... ctricity-0
Direct link: https://www.ofgem.gov.uk/sites/default/ ... letter.pdf

The annex at the bottom of the pdf describes what low, medium and high means - if in doubt use "medium" which is the median amount in the UK.
Low is 25th Percentile,
High is 75th percentile.

Slightly easier to read version here: https://www.theenergyshop.com/guides/av ... city-usage

Those numbers haven't been updated since 2017 as use has been very volatile during the pandemic.

Energy suppliers, when doing general advertising, will use the "medium" number. A few years ago you would have seen a "Tariff Comparison Rate" listed against tariffs and on your energy bill - which uses the Medium numbers above. However they stopped that and instead you will see your annual consumption on your bills which you can plug into any comparison website - or do the maths yourself. The maths is slightly easier now than it was, as you used to get tariffs with no standing charge but the first X units would be at a higher rate, followed by a lower rate. Ofgem stopped those.
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