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£200 a month to heat the water in your tank? Are you mad?
You’re not getting a true value the way you are doing it. Standing charges are going up, and you’d have to pay those no matter how much energy you use.Do this:Say you’re immersion is a 2kwSay you switch it on at 8pm and off at 8am (12 hrs)Say your energy supplier charges 12p per kWh (which mine does)Say you work an average of 21 days in a month 2 x 12 x £0.12 x 21 = £60.48 per monthOr £2.88 per day.If any of those values are different in your case, substitute them.
Breaking down the cost of anything in life to a daily basis is one of the oldest salemans tricks in the book, everything sounds so much more affordable if broken down into small chunks, it's not a good way to make an assessment, if you apply it universally to several products you end up paying over the odds for everything. This isn't a judgement on hot water it's a general overview of value for money for everything we buy. Like I say, one of the oldest salemans trick there is,
Quote from: NBwcs on August 18, 2021, 09:22:28 amBreaking down the cost of anything in life to a daily basis is one of the oldest salemans tricks in the book, everything sounds so much more affordable if broken down into small chunks, it's not a good way to make an assessment, if you apply it universally to several products you end up paying over the odds for everything. This isn't a judgement on hot water it's a general overview of value for money for everything we buy. Like I say, one of the oldest salemans trick there is,Except when you aren't selling anything. If it costs £2.50 a day and makes £12. 50 a day in extra work covered then go the other way... £10.00 a day (and less tired). Doesn't sound much. Now let's times that by 100 days and hey presto - £1,000.00!We can all play with numbers...
Not sure what your point is NWH?
As I said on another thread an immersion is waste of time anyway. Paying to have "supple" hoses that have no effect on my working day, no thanks. Add to this the rising costs of electricity it makes it even more pointless. @Pete Thompson you wont be paying 0.12p per kWh for much longer. Every quote I had yesterday was 0.20p or higher. None of the quotes offered cheaper night time rates either. My previous rate was 0.13p so it's a bit of hike. Stealth tax maybe to pay for covid? ( Even though I swear boris said something along the lines of VAT being removed from energy Bill's when we left the EU, leading to cheaper energy for us all ) .