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OVH – 10% Price increase for services
- ym705 4y agoOVH is an horrible service provider... There web ui takes forever to load and is bugged, got several recurring payment that i couldnt even cancle without phone lol
- nuclearwast 4y agoWell that's lame. There was 0 increase in electricity here, neither did the salaries. They could have use this fact to be more competitive.
- capableweb 4y agoThey say themselves that this increase is because of inflation + energy prices (https://blog.ovhcloud.com/ovhcloud-price-adjustments-in-2022-and-2023/ https://blog.ovhcloud.com/ovhcloud-price-adjustments-in-2022...). Are you saying they are lying about this? > In 2021 and especially in 2022, the global rates of inflation have changed our daily lives. With an annual rate reaching +8.9% in July 2022 in Europe > Thanks to the long-term management of our energy costs in 2021, we did not immediately need to change our prices. However, at the end of 2022 and in 2023, part of our energy purchases coverage are coming to an end and we are going to end up buying energy at a higher price
- prottog 4y agoWhere is "here"? Metropolitan France?
- fxtentacle 4y agoAll hosters in Europe that I know of increased prices this year due to increased electricity costs. If anything OVH is late to the party.
- marcfr 4y agoElectricity prices for consumers currently are heavily subsidized in France because otherwise there would be riots: spot market prices are regularly above 0.40€ and the current end user price would probably be around 0.80€. OVH is a business, thus they have to pay the real prices. In the end we will all pay via massive inflation for the competence of the European politicians.
- mardifoufs 4y agoThey also have a big datacenter here in quebec impacted by the rate increae, and our electricity prices haven't really increased. Prices for industrial uses here are around 0.08-11$(CAD) per kWh. (Edit: to be clear the OVH rate increase is still pretty reasonable, and is justified by other factors)
- RL_Quine 4y agoWith negotiation Hydro Quebec is substantially less than those numbers.
- mardifoufs 4y agoYeah, it is actually crazy how cheap even the listed prices (for example L-rate pricing) can be here. I'm surprised we don't have more datacenters (there are lots of them, but not as much as I'd have thought).
- RL_Quine 4y agoAll the regulation being in French, and the translated versions not being considered official is such a hindrance to doing anything in Quebec. Everything becomes substantially more complicated, involves a lot more people, and it is disjoint with the entire rest of Canada and the US in terms of your compliance and your staff. You can see why companies would avoid it even given the rather incredible cost reductions their power cost would offer.
- Thervicarl 4y ago> There was 0 increase in electricity here In France I think the price of electricity for professionals has been multiplied by five in the past few months. The price of electricity for residential customers and small businesses has only increased by 5% because the French state and EDF are shouldering the difference.
- rewtraw 4y agoThis is a very ignorant take. Energy prices have increased substantially, and inflation has impacted goods and services across the board.
- silksowed 4y agodo any of the hyperscalers have vertical integration in energy production for their datacenters?
- asciimike 4y agoMy understanding is that for their own data centers (e.g. us-east-1 or us-central1) they are able to negotiate excellent costs of power by soliciting 100MW+ long term contracts, so they don't really need to. Energy is a lower margin business than tech, and they'd rather not get into the messy business of power generation. For colocation data centers (e.g. Tokyo or Singapore regions), they're more reliant on the data center provider to do that negotiation, and they negotiate for rack space prices, so it's slightly different (thus why prices in regions can vary dramatically, though this is also labor, what the region can bear price-wise, etc.). I assume they also have teams hedging power prices to keep those costs reasonable, while OVH and other tier 2's likely haven't reached that scale. I'll briefly shill my product (crusoecloud.com) because we _do_ vertically integrate our power production and data centers by colocating modular data centers at oil wells (utilizing flare gas), wind/solar, etc. as a way of both keeping energy costs low/stable as well as solving related environmental issues (e.g. reducing methane emissions or providing base loads to renewables).
- rahimnathwani 4y ago"I assume they also have teams hedging power prices to keep those costs reasonable" How can hedging keep costs reasonable? It can help insulate you from short term price volatility, but you pay for that (as your counterparty will want to be paid for assuming the risk). What am I missing?
- asciimike 4y agoI consider a long term PPA a hedge against near term volatility. C.f. https://www.fia.org/marketvoice/articles/derivatives-markets-help-hedge-risk-long-term-renewable-power-agreements https://www.fia.org/marketvoice/articles/derivatives-markets...
- noja 4y agoOn mobile this is unreadable: each column is converted to a row with no label.
- parker_mountain 4y agoPhones are not great devices for complicated or in depth-content.
- noja 4y agoIt's a table of old and new prices. A Palm Pilot could display it better.
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