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  3. I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

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  • statsguy@mas.toS statsguy@mas.to

    I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

    Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

    Isn't it funny how that works?

    #Electricity #Octopus #OctopusEnergy #PowerCompanies

    fak@toot.communityF This user is from outside of this forum
    fak@toot.communityF This user is from outside of this forum
    fak@toot.community
    wrote last edited by
    #4

    @statsguy interesting, I had an email from them yesterday that wholesale prices are climbing. They aren't increasing my prices though (because I've been with them a while).

    statsguy@mas.toS 1 Reply Last reply
    0
    • statsguy@mas.toS statsguy@mas.to

      I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

      Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

      Isn't it funny how that works?

      #Electricity #Octopus #OctopusEnergy #PowerCompanies

      mossyrua@mastodon.ieM This user is from outside of this forum
      mossyrua@mastodon.ieM This user is from outside of this forum
      mossyrua@mastodon.ie
      wrote last edited by
      #5

      @statsguy

      I definitely sniff a class action law case in that!

      1 Reply Last reply
      0
      • R relay@relay.publicsquare.global shared this topic
      • statsguy@mas.toS statsguy@mas.to

        I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

        Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

        Isn't it funny how that works?

        #Electricity #Octopus #OctopusEnergy #PowerCompanies

        deadinside@but.still.drinkin.coffeeD This user is from outside of this forum
        deadinside@but.still.drinkin.coffeeD This user is from outside of this forum
        deadinside@but.still.drinkin.coffee
        wrote last edited by
        #6

        @statsguy Then you should respond likewise. That you - reluctantly - reduce the price you pay them for their's proportionally.

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        • statsguy@mas.toS statsguy@mas.to

          I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

          Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

          Isn't it funny how that works?

          #Electricity #Octopus #OctopusEnergy #PowerCompanies

          scotty86@mastodon.socialS This user is from outside of this forum
          scotty86@mastodon.socialS This user is from outside of this forum
          scotty86@mastodon.social
          wrote last edited by
          #7

          @statsguy That's called hypercapitalism.

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          0
          • statsguy@mas.toS statsguy@mas.to

            I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

            Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

            Isn't it funny how that works?

            #Electricity #Octopus #OctopusEnergy #PowerCompanies

            davidbcohen@twit.socialD This user is from outside of this forum
            davidbcohen@twit.socialD This user is from outside of this forum
            davidbcohen@twit.social
            wrote last edited by
            #8

            @statsguy Same. We have a battery system so I’ll be making sure it is drained down on sunny days so I get maximum benefit.

            As for what you pay, at least that is regulated and capped. Is going down too in April.

            I will also be checking the market to see if their feed-in tariff is still competitive, and then may have a switching conversation with them.

            statsguy@mas.toS 1 Reply Last reply
            0
            • fak@toot.communityF fak@toot.community

              @statsguy interesting, I had an email from them yesterday that wholesale prices are climbing. They aren't increasing my prices though (because I've been with them a while).

              statsguy@mas.toS This user is from outside of this forum
              statsguy@mas.toS This user is from outside of this forum
              statsguy@mas.to
              wrote last edited by
              #9

              @fak That's very weird. It would seem that they are lying to at least one of us.

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              • davidbcohen@twit.socialD davidbcohen@twit.social

                @statsguy Same. We have a battery system so I’ll be making sure it is drained down on sunny days so I get maximum benefit.

                As for what you pay, at least that is regulated and capped. Is going down too in April.

                I will also be checking the market to see if their feed-in tariff is still competitive, and then may have a switching conversation with them.

                statsguy@mas.toS This user is from outside of this forum
                statsguy@mas.toS This user is from outside of this forum
                statsguy@mas.to
                wrote last edited by
                #10

                @davidbcohen It looks like Ecotricity do quite a competitive export tariff. Will need to do some spreadsheets to figure out if I'll be better off overall unless their import tariff is also cheaper, in which case switching to them will be a no brainer. Definitely some homework to do.

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                0
                • statsguy@mas.toS statsguy@mas.to

                  I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

                  Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

                  Isn't it funny how that works?

                  #Electricity #Octopus #OctopusEnergy #PowerCompanies

                  lywyn@mstdn.socialL This user is from outside of this forum
                  lywyn@mstdn.socialL This user is from outside of this forum
                  lywyn@mstdn.social
                  wrote last edited by
                  #11

                  @statsguy they buy energy way in advance so price charged now is for energy purchased months ago.

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                  0
                  • statsguy@mas.toS statsguy@mas.to

                    I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

                    Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

                    Isn't it funny how that works?

                    #Electricity #Octopus #OctopusEnergy #PowerCompanies

                    monsieur_lepetit@toot.communityM This user is from outside of this forum
                    monsieur_lepetit@toot.communityM This user is from outside of this forum
                    monsieur_lepetit@toot.community
                    wrote last edited by
                    #12

                    @statsguy
                    "Octopus Energy: we got our slimy tentacles everywhere!"

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                    0
                    • statsguy@mas.toS statsguy@mas.to

                      I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.

                      Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.

                      Isn't it funny how that works?

                      #Electricity #Octopus #OctopusEnergy #PowerCompanies

                      ag100pct@infosec.exchangeA This user is from outside of this forum
                      ag100pct@infosec.exchangeA This user is from outside of this forum
                      ag100pct@infosec.exchange
                      wrote last edited by
                      #13

                      @statsguy
                      All I can do is shake my head.
                      You don't want to hear what I am thinking.

                      1 Reply Last reply
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