MSE News: Guest comment: Ofgem's plan for a fairer, smarter energy market

zeupater

Hi

My view reflects most of what's been written above already ...

It's around time that someone making 'Guest Comments' actually started to listen to the comments of others and stop preaching drivel.

Charging consumers going on £500/household for meters which cannot possibly provide the predicted savings is not only ridiculous, but economically irresponsible ... even if the savings which were proposed at the conceptual stage of the project were deliverable, they simply aren't there to be leveraged any more. Energy efficient technologies such as LED TVs and lightbulbs are rolling out despite not having smart-meters and the IHDs to convince the consumer to 'save the planet' through EU dictate, these two technologies alone negate the need for generating capacity which roughly equates to two, yes two!, Hinckley-C power stations.

Of course, there'll be some statistician sitting in a dark corner at Ofgem quietly attributing LED technology and other energy savings to the roll out of Smart-Metering to justify the comments and predictions made by guests, whilst almost everyone with even a little technical knowledge who sits back and employs a little logic can see the flaws in the project claims & justification ....

I for one dare, yes dare!, the Guest Commentator to register on this site and subject their comments to the technical scrutiny of open debate they deserve ... I for one would even welcome a direct round-table discussion or debate with Ofgem or any government body willing to shine a torch on this over-bloated & unnecessarily capital intensive project especially if vested interest parties and associated lobbyists were excluded to the same extent that general public opinion representation has been to date.

A dead parrot is a dead parrot no matter how much the pet shop owner protests, so why, oh why, does the Office of Pet Shop Regulation not recognise or understand this basic concept. It's time to remove the perch nails and stop this lucrative trade in Norwegian Blues which have already shuffled off their mortal coils before we, the consumers, get angry and demand that the government establish their version of the Spanish Inquisition ... does Ofgem really think that they can survive the rigour of soft cushions and the comfy chair with only a cup of coffee at eleven? .... Really? ... so come on Ofgem, accept the challenge, you know you're up to it, you know you really want to!

... No, purveyor of guest comments, don't run away, or I shall taunt you a second time ...

Z

SuiDreams

fredandwilma wrote: »

The whole point of the Smart Meter rollout, is the introduction of time of-use-tariffs, and that's the direction the energy market is being steered, in the future? We've seen this from Green Energy UK.

Households will be exposed to varying costs of electricity at different times of the day. The rationale being time-of-use tariffs would give customers greater control over their energy bills and encourage more rationale pricing than flat-rate deals which encourage wasteful usage at peak times.

Time-of-use tariffs are an important part of efforts to make the electricity system more efficient and flexible as Britain phases out coal-fired power in favour of less reliable renewable energy.

Using price signals to deter usage at times of peak demand should ease pressure on generating capacity when supplies are tight, while encouraging consumers to help absorb surplus wind and solar power at off-peak times.


Rather similar to the proposals for our overall shopping experience?

I understand the reasoning but still don't think it will work for the majority of people. I use very little electric, and due to work schedules etc, even with so called smart devices I wouldn't be able to change my usage patterns.

System

SuiDreams wrote: »

I understand the reasoning but still don't think it will work for the majority of people. I use very little electric, and due to work schedules etc, even with so called smart devices I wouldn't be able to change my usage patterns.

Sadly, if the Canadian experience is anything to go by, you will be in the group that ends up paying more. The whole point of ToU tariffs is change usage behaviour to reduce peak demand and associated standby generation costs.

fredandwilma

I'm not advocating or agreeing with any policies, but ToU tariffs are the way the energy market will be heading, much like our overall shopping experience?:

https://forums.moneysavingexpert.com/discussion/5672595

clivep

Ectophile wrote: »

As someone with solar panels, I would really like to be paid the correct amount for all the electricity I generate. But the stupid meter I have been offered hasn't been properly tested. While it can measure exported electricity, you're not allowed to use any readings it gives. :mad:

As for battery storage, it looks like a good idea. Buy a battery, charge it up from your solar panels during the day, and get free electricity at night. There's just one little problem - they are too expensive. If I had bought a battery, then the total value of all the free electricity I would have got from it over the entire life of the battery would have been less than the cost of having the battery installed. I'm saving money by not wasting money on the battery.

Presumably you must have a generation meter for the power from the solar panel inverter so are being paid the correct amount for the electricity you are generating.

Now the export side of the FIT is another matter and is normally deemed as 50% of that generated regardless of whether or not your import/smart meter can tell the actual export figure. Whether this is to your benefit or not depends on individual circumstances. They have stated, however, that they want to move to acurate export figures once smart meters are more widely in use.

I agree that battery backup systems are not cost effective. Moreover part of the cost justification they try to use is that you are storing excess 'free' electricity. Once accurate metering of the exported electricity comes in then this part of the cost justification for storage goes out the window but none of the illustrations I looked at pointed this out!

SuiDreams

Hengus wrote: »

Sadly, if the Canadian experience is anything to go by, you will be in the group that ends up paying more. The whole point of ToU tariffs is change usage behaviour to reduce peak demand and associated standby generation costs.

TBH thought it will only effect the usage of those who are at home all day(home workers/people who don't work). People who work full time are stuck using energy when they are home (and not sleeping), so in their case bills would likely increase, especially if you are someone who as already cut back as far as possible.