BullDog wrote:After the next price cap increase in October there is expected another near 50% increase on top of what we've already seen. I expect you will be getting a quotation from Ovo in December maybe £400 a month or more. As I said, our Ovo quotation just received has already increased from £130 to £300.
Our Outfox has gone from £1650/annum (£137/month) to £3490 on their current variable tariff for 4200kWh elec and 28,000 gas. Shopping around they all seem the same, so presumably are all at the price cap. Outfox offered a fix of £8240 (yup, over double) for 12 months, but the earlier post
Redmires wrote:Moneysavingexpert now suggests that some fixed tarfiffs may now be worth considering, if you want some certainty (updated 7th June). Very expensive to what you have presently, of course.
I had another look (there were no fixed deals available 2 weeks ago) and the cheapest fix we could find is SSE at £4400.
BullDog wrote:The break even versus petrol in the PHEV is about 40p per unit of electric taking petrol as 180p a litre. It's going to be marginal whether charging the PHEV is cost effective going forward.
You're assuming petrol is going to stay at these levels. Last weekend I used more than 5L mowing the lawn (I tipped a 5L can in and it used it all). No Mow May might yet become Jungle June and "just ignore it dear" July.
On the plus side I've just taken the wife's car for an MOT, it has done a whopping 430 miles this year (compared to 279 miles the previous year, 200 of which was moving from Exeter to Shrewsbury). Even at low 20s MPG and £2/L that's still less on fuel than VED.
Paul