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Post by zanygame on Sept 24, 2023 12:15:28 GMT
Yes that's obvious. Let me try one on you. If Norway said any gas they supply at night is now free, would electricity prices rise or fall? If you offer electricity for free at 2am - 4am and customers exploit this massively and consequently need far less electricity during the rest of the day - how much do they have to pay you per day? we were talking about renewables I can never be sure when you are being facetious. Why would they pay me anything for not using electricity during the day? There's plenty of demand for electricity during the day from business.
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Post by zanygame on Sept 24, 2023 12:19:37 GMT
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Post by sheepy on Sept 24, 2023 12:20:04 GMT
If you offer electricity for free at 2am - 4am and customers exploit this massively and consequently need far less electricity during the rest of the day - how much do they have to pay you per day? we were talking about renewables I can never be sure when you are being facetious. Why would they pay me anything for not using electricity during the day? There's plenty of demand for electricity during the day from business. Zany by now if you were at my door trying to sell this, I would be very annoyed and shut the door. That is a fact.
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Post by Orac on Sept 24, 2023 12:24:23 GMT
If you offer electricity for free at 2am - 4am and customers exploit this massively and consequently need far less electricity during the rest of the day - how much do they have to pay you per day? we were talking about renewables I can never be sure when you are being facetious. Why would they pay me anything for not using electricity during the day? There's plenty of demand for electricity during the day from business. They have to pay your fixed costs to get any electricity from you at any time at any price. Renewable are mostly fixed costs
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Post by jonksy on Sept 24, 2023 12:28:18 GMT
It's just yet another ripoff Zany. Octopus send out letters to their clients asking if they can help especialy to those who pay as they go. If you take the deal they offer you still have to pay them back plus their commision on top how is that helping their clients? Not sure here Jonsky. Have you a link. I am not sure that I could find one Zany but I know it is true as a neighbour in a nearby rented property took them up on their offer just after the pandemic.
EDIT.......
I just got this from the lady in question. Its the email that Octopusy sent out to their clients. She took their offer but had to pay £35 back...
Hi XXX, I’ve processed your request for **£25 discretionary credit, and I’ve also added some links at the bottom of this email with information on longer term financial assistance. This discretionary credit is a short term solution to keep you on supply, but please take a look at the information below for more long term support. The message with the credit on is available at the shop below. Please note if you have any debt on the OWED screen or screen 27, some of the credit may go towards clearing it. XXXXXXX
To get this message onto your electricity card, you'll need to go to the shop and make a transaction. For Electricity, you just need to do a top up. The message is downloaded in the background of the transaction.
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Deleted
Deleted Member
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Post by Deleted on Sept 24, 2023 13:51:18 GMT
I can see where this might lead. Octopus Energy will go into liquidation having gained a lot of new customers under false pretences. The company's customers will all be transferred to a sensible company who will take on the direct debits but none of the debts. The debts will be paid by the "government" which means the taxpayer will have been paying for any free electricity provided. It won't be the first time, of course.
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Post by patman post on Sept 24, 2023 14:45:17 GMT
We were Bulb customers. Bulb went into administration and was eventually bought by Octopus. It was all easy for us, and since March, or thereabouts, when we officially became Octopus customers, the price of our energy — gas and electricity — has been reducing. We pay a regular monthly amount. Over this summer we appear to have built up more credit than we anticipated. And Octopus have just let us know that there will be further price reductions.
So far we have no complaints about our energy supply, its price, or the amount of information we are receiving…
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Post by zanygame on Sept 24, 2023 15:49:45 GMT
I can never be sure when you are being facetious. Why would they pay me anything for not using electricity during the day? There's plenty of demand for electricity during the day from business. Zany by now if you were at my door trying to sell this, I would be very annoyed and shut the door. That is a fact. But I'm not. I couldn't care if you want it or not. I'm trying to explain the differences between getting energy from something you have to pay for against something that's free.
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Post by zanygame on Sept 24, 2023 15:51:42 GMT
I can never be sure when you are being facetious. Why would they pay me anything for not using electricity during the day? There's plenty of demand for electricity during the day from business. They have to pay your fixed costs to get any electricity from you at any time at any price. Renewable are mostly fixed costs Agreed, but the fixed costs are much the same whether they supply you 12 hours or 24 hours. Whereas with gas the more you use the more it costs.
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Post by zanygame on Sept 24, 2023 15:58:25 GMT
Not sure here Jonsky. Have you a link. I am not sure that I could find one Zany but I know it is true as a neighbour in a nearby rented property took them up on their offer just after the pandemic.
EDIT.......
I just got this from the lady in question. Its the email that Octopusy sent out to their clients. She took their offer but had to pay £35 back...
Hi XXX, I’ve processed your request for **£25 discretionary credit, and I’ve also added some links at the bottom of this email with information on longer term financial assistance. This discretionary credit is a short term solution to keep you on supply, but please take a look at the information below for more long term support. The message with the credit on is available at the shop below. Please note if you have any debt on the OWED screen or screen 27, some of the credit may go towards clearing it. XXXXXXX
To get this message onto your electricity card, you'll need to go to the shop and make a transaction. For Electricity, you just need to do a top up. The message is downloaded in the background of the transaction.
Thanks Jonsky. I'll investigate further. I did some work with citizen advice some years back where banks were doing something similar to what you describe. Offering people credit assistance in return for a membership with a cost of £35.00. Most people took the offer as the alternative was accounts closed and summons. CAB got it stopped as its extortion.
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Post by Orac on Sept 24, 2023 16:00:58 GMT
They have to pay your fixed costs to get any electricity from you at any time at any price. Renewable are mostly fixed costs Agreed, but the fixed costs are much the same whether they supply you 12 hours or 24 hours. Whereas with gas the more you use the more it costs. Not getting your point there, Z. This works in favor of what i'm saying. Imagine you were this supplier and someone approached you and offered to buy all your free electricity. The electricity can't be really free to anyone.
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Post by zanygame on Sept 24, 2023 16:12:08 GMT
Agreed, but the fixed costs are much the same whether they supply you 12 hours or 24 hours. Whereas with gas the more you use the more it costs. Not getting your point there, Z. This works in favor of what i'm saying. Imagine you were this supplier and someone approached you and offered to buy all your free electricity. The electricity can't be really free to anyone. I think the confusion was my start point of free electricity. It was a bid to be clear that's not working. So, the build and maintenance costs are pretty much the same whether the wind farm provides electricity during the day or both day and night. If you've covered your costs selling power during the day, then effectively anything you sell at night is cost free. Before I continue, do you get this and agree?
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Post by sheepy on Sept 24, 2023 16:15:35 GMT
Agreed, but the fixed costs are much the same whether they supply you 12 hours or 24 hours. Whereas with gas the more you use the more it costs. Not getting your point there, Z. This works in favor of what i'm saying. Imagine you were this supplier and someone approached you and offered to buy all your free electricity. The electricity can't be really free to anyone. I feel a side-track coming on
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Post by sheepy on Sept 24, 2023 16:31:44 GMT
Zany by now if you were at my door trying to sell this, I would be very annoyed and shut the door. That is a fact. But I'm not. I couldn't care if you want it or not. I'm trying to explain the differences between getting energy from something you have to pay for against something that's free. No Zany it isn't free and never will be. Even if I don't take your share of the subsidies into consideration.
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Post by zanygame on Sept 24, 2023 16:39:51 GMT
But I'm not. I couldn't care if you want it or not. I'm trying to explain the differences between getting energy from something you have to pay for against something that's free. No Zany it isn't free and never will be. Even if I don't take your share of the subsidies into consideration. Cool.
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