Looks like widespread Smart Time of Use tariffs are coming a step closer ... https://www.bbc.co.uk/news/business-62626908
Another incentive for home battery storage (EESS)?
- Andy.
Looks like widespread Smart Time of Use tariffs are coming a step closer ... https://www.bbc.co.uk/news/business-62626908
Another incentive for home battery storage (EESS)?
- Andy.
I must admit as I read newspaper headlines of 'typical bills to top £5k' and similar predicting doom and gloom in the coming year, I can't help but think that think the balance of what is worth doing as prices go up is going to tip smartly in the direction of 'oh no it isn't !' and a change from just doing more of what we did last year.
At the simplest level things like this to spread demand peaks, and also basic demand destruction - there may be a few quarters of subsidy and getting into debt, but eventually folk will not use energy they cannot pay for. Those who can afford it will insulate and use less, those who can't will just use less and get round it other ways. There will be a lot of grumbling, but in the long run less domestic demand will be the final outcome and or more non-fossil generation, including nuclear.
Mike.
There are people who seem to think they are going to have PV, storage batteries, a V2G electric vehicle and a cheap overnight electric tariff.
They think they will charge both the car and batteries overnight on the cheap tariff; and again during the day using the PV or export the PV production during the day, then export from the storage batteries and V2G EV at peak times.
I am not quite sure when they think they will actually use some electricity themselves in their homes.
I am not quite sure when they think they will actually use some electricity themselves in their homes.
Well, if they do not (use some electricity themselves) then that will be about the only sure fire way to avoid a large bill I think - it will soon occur that as too many folk pile onto the 'cheap off peak time' it rapidly ceases to be either off peak or cheap.
Mike.
(thinking about collecting some more firewood in readiness )
Those who can afford it will insulate and use less, those who can't will just use less and get round it other ways.
Improving the loft insulation is rapidly getting towards the top of my list of things to do.
I simply don't understand the economy. If everybody is feeling the pinch, where is the money coming from which is fuelling inflation? I agree that things must change and that demand must fall one way or another. Then with a bit of luck, prices will fall.
If everybody is feeling the pinch, where is the money coming from which is fuelling inflation?
Perhaps because of the administrative approach - inflation is calculated on the price of a basket of goods, rather than then amount actually paid for them. (e.g. if the prices went up from £10 to £20 and people reacted by buying half as much (i.e. still spent the same £10) the on-paper inflation figure would still be 100%).
- Andy.
Have a look here - the price already goes up during the "off peak" period.
I think we'll start to see more tariffs that "tell" devices when they should run - works for battery storage and car charging (provided the "needed for" time can be met).
As akeylevel says, the wholesale price is highest when the demand is low overnight, the demand and cost needs averaging out over twenty-four hours.
This is why Octopus have been reversing the charges on some tariffs and crediting people for using electricity at times of low demand.
Unfortunately, some journalists and newspaper are scaremongering spreading stories such as "If you have a Smart Meter burglars will hack it to find out the best time to break into your home and rob you" convincing some people to avoid having a Smart meter thus denying them access to the best electricity tariffs available to them.
I'm still struggling to work out how people are using so much electricity that their current bills are well over £100 a month!
My own bill is a lot less than that and yet, as I say to my OH, if a light is on it doesn't matter if you're a single person on your own or a family of 5 you're still using the same amount of electric to light that lamp! Same for using the cooker, it doesn't matter if you're cooking a meal for a full household or just one person. If the cooker is on for an hour then it's on for an hour. Again, same with the TV etc doesn't matter if it's one person watching or twenty! The only difference I can work out is perhaps the washing machine having to wash more clothes and I guess heating more hot water? A friend of mine tells me that his mate's electric bill was over £350 for the month but again I have to ask, how is he using that much in the first place? Surely it's time for him to reconsider his consumption of electricity? Do they have all their lights on 24/7?
It can only be heating Lisa. If you're all electric and especially if you've taken out those old fashioned storage heaters and replaced them with the modern, green digital, internet enabled 100% efficient day rate panel heaters. Or tumble driers if you haven't got a garden.
The other way to think about that is to take that however many hundred per month, divide by the no of hours in a month (about 700 depend on the month bit ) and compare to the cost per kWh.
so £350 month ->> 50 pence per hour
But one unit is about 30p under the current cap here as reverse calculated from £1000 for 3100 kwH per year (so much easier if they gave a per unit rate).
So these folk average about 5/3 of a kW (1,6kW ) non stop - between 6 and 7 amps of steady load equivalent at 230v.
Quite possible with immersion heating water and electric room heat. And a lot of folk do stupid things like heat the house and open a window.
M
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