The energy crisis - again.
Posted: 24 Aug 2023, 13:49
As Autumn approaches all the major news outlets are telling us that bills will go up again. We are cajoled into getting smart meters and told to look for the best direct debit deals by the 'experts'.
Well, folks, I have news for those experts and us customers:
1. Don't get a smart meter - use a spreadsheet. You already have meters you can read any time you want. Set a time of day and religiously read them then log the results. They will tell you what you used in the previous 24hrs. You really do not need a minute by minute consumption display. If your kettle is on you already know it is using electricity - same with lights, heating etc.. The very best smart meter is in your head.
2. Never, ever, go for direct debit. Read your meter monthly or quarterly and pay by card. The Energy Co jokers will always, always, always overestimate your usage so that you go into credit via DD; often by hundreds of pounds each year. That money is better off in your account rather than theirs.
As a tenant I pay electricity by pre-payment meter, but my gas account is more than £845 better off by not taking SP's super DD "offer" when the price cap came in.
The biggest useless energy cost to me is the outrageous dual-fuel daily standing charge of £228 per year - 34p gas and 28+p electricity. It is often more than the actual energy used. Why are we 'safe' customers paying for the chancers who used the failed utility companies such as Bulb?
My Labour MP does not know: I have asked him.
Well, folks, I have news for those experts and us customers:
1. Don't get a smart meter - use a spreadsheet. You already have meters you can read any time you want. Set a time of day and religiously read them then log the results. They will tell you what you used in the previous 24hrs. You really do not need a minute by minute consumption display. If your kettle is on you already know it is using electricity - same with lights, heating etc.. The very best smart meter is in your head.
2. Never, ever, go for direct debit. Read your meter monthly or quarterly and pay by card. The Energy Co jokers will always, always, always overestimate your usage so that you go into credit via DD; often by hundreds of pounds each year. That money is better off in your account rather than theirs.
As a tenant I pay electricity by pre-payment meter, but my gas account is more than £845 better off by not taking SP's super DD "offer" when the price cap came in.
The biggest useless energy cost to me is the outrageous dual-fuel daily standing charge of £228 per year - 34p gas and 28+p electricity. It is often more than the actual energy used. Why are we 'safe' customers paying for the chancers who used the failed utility companies such as Bulb?
My Labour MP does not know: I have asked him.