Power NI...first bill since increase...

mamabuddah

WOW!!!

I knew there was an increase due, but I'd forgotten how big...cost of a unit jumped from £0.145 to £0.171....YIKES!

Just added £27 to my quarterly bill!

Wonder will it come back down in the future?......:eek: don't think so

tommie

http://www.budgetenergy.co.uk/Products-and-Pricing.aspx

... and a Keypad should save a quid

warmhands.coldheart

On the subject of electricity and power/fuel in general. Why is it that there seems to be a real NIMBY'ism culture here in Northen Ireland when it comes to alternative energy? Be it Wind Turbines, Fracking, Incinerators, Gasification Plants...... you name it, NIMBY !

tommie

so is it MIMBY or NIMBY ? :think:

warmhands.coldheart

tommie wrote: »

so is it MIMBY or NIMBY ? :think:

The Latter............ or probably the former if your from Ballymena!
Corrected now for the benefit of others

GlynD

warmhands.coldheart wrote: »

On the subject of electricity and power/fuel in general. Why is it that there seems to be a real NIMBY'ism culture here in Northen Ireland when it comes to alternative energy? Be it Wind Turbines, Fracking, Incinerators, Gasification Plants...... you name it, NIMBY !

Oh I don't know; there's a bloke 5 doors away from me whose got his entire front roof covered in solar panels. I also see quite a few small wind turbines on my occasional voyaging.

saverbuyer

I know a few farmers with planning permission to build large turbines.

The problem is, they can't afford to finance the project and are waiting on others coming on board and them revenue sharing.

Good money for what is a small piece of land.

I think planning are pretty easy going with turbines. No need for solar.

Seems the biggest problems are with things that burn.

irishjohn

GlynD wrote: »

Oh I don't know; there's a bloke 5 doors away from me whose got his entire front roof covered in solar panels. I also see quite a few small wind turbines on my occasional voyaging.

My entire south facing roof is covered with solar panels - i have had them a year now and by my calculations the income I receive, combined with the free electricity I get, and the reduced bills as I use less from the grid has meant that my electricity costs have been nil this past 12 months. I realise that the set up cost was quite a lot but if it means free electricity for 20 years then I think it was a good investment

GlynD

irishjohn wrote: »

My entire south facing roof is covered with solar panels - i have had them a year now and by my calculations the income I receive, combined with the free electricity I get, and the reduced bills as I use less from the grid has meant that my electricity costs have been nil this past 12 months. I realise that the set up cost was quite a lot but if it means free electricity for 20 years then I think it was a good investment

I would be inclined to agree with you. If you're planning to stay in the gaff for the next 20 years and you had to dosh to spare in the first place it makes perfect sense to eliminate the electricity bill. I certainly think it is a more productive way of investing the money rather than sticking it in an interest bearing account or bond/ISA whatever.

For me: I eliminated my mortgage. Some people may think that wasn't the best use of my money but the absence of that outgoing payment every month is a tremendous weight off my mind and makes life much more enjoyable. I know now what I have is my own.

If I had my way I'd have solar panels, a wind turbine a septic tank put in and my own well dug. That way the only bill I'd have every month for utilities would be a small amount of rates to the council for bin collection.

Have to wait until I win the lottery to get that lot though. Of course when I do I won't care about monthly outgoings so I'll probably never get round to doing all these things anyway.

irishjohn

I agree
No plans to leave this house at all - bought it for cash so like you able to enjoy the place without monthly expense of mortgage - gas heating installed in 2005 which was another wise move I think.

qwert_yuiop

saverbuyer wrote: »

I know a few farmers with planning permission to build large turbines.

The problem is, they can't afford to finance the project and are waiting on others coming on board and them revenue sharing.
[]

This seems to be the problem. If they were able to produce enough electricity they would be self financing. However, it seems they're not actually that good.

Tommie and motor man - have you seen the new one at Annaghanoon? I'm told it cost £500,000.

Some thoughts

20 year life - annual investment 25,000.
interest 5% - interest charges 25,000

Maintenance etc? I'm told running costs are low. Anyway, 50,000 a year plus other costs.

Therefore, approx 300,000 units at 17p each to cover capital and interest charges alone - 300,000 kW/h - so very roughly, it has to generate 900 kW/h all day every day to cover finance costs alone. Most of those little turbines you see on hill farms etc are rated 15kW - per hour of useful wind that is - 30% of total?


Maybe someone in the trade could tell us the economics of wind power.