Hope they do. OPEC reduced production as well which may have had an effect.Global prices spiked a few days ago, not sure why but china coming out of lockdown may have something to do with it. Likely they will settle down again??
Not happy our commercial landlord has signed us up for a "great deal" for the next 2 years electricity at 32p per kw/h!!!My gamble may not be paying off. Prices dropped as low as 54ppl on boilerjuice. Now hovering around 57ppl. Weird as pump diesel prices are still falling. Gonna give it a few more weeks then make a decision on an order.
You need to move the kettle to the far, coldest end of the building, and insist they go for a break every hour, when they get back they think they're in an oven...Not happy our commercial landlord has signed us up for a "great deal" for the next 2 years electricity at 32p per kw/h!!!
Just as prices are coming down! It helped us last time being on a fixed deal but certainly not now.
Going to install an oil boiler in work and confiscate all the staff's fan heaters! Even buying them thick fleeces didn't work - they insist they are cold below 23C
I am sure women have caused global warmingDoes my wife work for you?
Oh, no - only 23C.
That's no surprise ,they cause most things.I am sure women have caused global warming
That's electricity by the way, I'm not getting heating oil for 20p.We're on a tariff at home where the price changes each day depending on the wholesale price. Today it's 21.50p/kWh but for most of June it's been below 20.
Business electric prices are still quite high. Often including a huge standing charge of around £500 per quarter. Just signed up to a year's contract that was just below 30p day and a bit less that 25 for night but, if you have no standing charge, or a moderate standing charge, I wouldn't feel too ripped off. Just because prices are falling, doesn't mean your landlord will have the option to wait around for better times; they'll want to lock in a contract price so they can let tennants know what the price will be for the coming year. And indeed reduce the risk of price spikes meaning tennants aren't able to pay.Not happy our commercial landlord has signed us up for a "great deal" for the next 2 years electricity at 32p per kw/h!!!
Just as prices are coming down! It helped us last time being on a fixed deal but certainly not now.
Going to install an oil boiler in work and confiscate all the staff's fan heaters! Even buying them thick fleeces didn't work - they insist they are cold below 23C
Which tariff is this……and I assume you need a working smart meter for thisThat's electricity by the way, I'm not getting heating oil for 20p.
However and just as an aside, electricity on Sunday was 9.27p/kWh.
Interested too.Which tariff is this……and I assume you need a working smart meter for this
Im swaying with solar and batteries for our holiday cottages with a charge point, had a few with leccy cars…but seems a longish payback still, even if it is 100% tax deductibleInterested too.
Our electric is far too high but I cant figure the reason. We do have 3phase but I dont think that means we pay more.
Use a forklift battery. Far far cheaper than lithium ion. Much bigger capacity. And when it dies in 10 to 20 years time you will get a lot back in scrap lead.Im swaying with solar and batteries for our holiday cottages with a charge point, had a few with leccy cars…but seems a longish payback still, even if it is 100% tax deductible
I have acres (almost) of south facing shed roof. And in the shed there would be room for batteries. There is a 3p distrbution board in there that is fed from the meter with 35mm2 4 core (i think). It appears to lend itself to this but I just dont have the money to outlay on it currentlyIm swaying with solar and batteries for our holiday cottages with a charge point, had a few with leccy cars…but seems a longish payback still, even if it is 100% tax deductible
If you can get a decent setup, it's worth considering just selling back to a company. I'm just wiring up 40kwp, while we do use a chunk, and more than they'll produce in winter, I'm not likely to fork out for batteries now as the buy back rate via SEG system is as much as 15p/kWh. via octopus, apparently. At that price, if I used no electric myself, and sold it all, payback would be about 4years. But my install is cheaper than some as it is quite DIY.I have acres (almost) of south facing shed roof. And in the shed there would be room for batteries. There is a 3p distrbution board in there that is fed from the meter with 35mm2 4 core (i think). It appears to lend itself to this but I just dont have the money to outlay on it currently