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.
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.
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.
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