We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Smart meters standing charge

Options
13»

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 24 October 2023 at 5:54PM
    OldBore said:
    Provided your supplier has set the correct tariff information in each of your meters, this information will be passed to your IHD via the Home Area Network established by the comms hub that sits above your electricity meter. The daily cost will include the standing charges for gas and electricity. This normally appears at midnight each day.

    That said, the cost for gas may be slightly different from what appears on the statement as a fixed calorific value is used whereas your actual gas cost will be based on the actual average CV.
    Surely it is not beyond the capability of this technology to add the standing charges hourly which would probably work out at about 1p per hour ….. this would do away with the early morning shock of 51p charges for 0.824 kWh ……….
    As pointed out above, at 0001 hrs the daily standing charge kicks in whether you use any energy or not. I am not convinced that there is any logic to adding it by the hour. It is worth remembering that, in technology terms, SMETS2 is no longer leading edge and, quite frankly, the decision to rollout IHDs was not properly thought though.
  • Reed_Richards
    Reed_Richards Posts: 5,286 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 4 August 2021 at 8:32PM
    Gerry1 said:

    You may have some interesting choices at times in the future.
    Charge the EV, OR boil the kettle, OR use the tumble dryer, OR have a hot meal, OR have the ASHP heating on?
    Faites vos jeux !
    It's already perfectly possible that charging the EV whilst running the ASHP could exceed the capacity of your mains fuse.  And if not then add-in turning on the oven whilst boiling a kettle and that might do it.  We are all already rationed by the capacity of our wiring.
    Reed
  • MWT
    MWT Posts: 10,214 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 4 August 2021 at 10:19PM
    Gerry1 said:
    You may have some interesting choices at times in the future.
    Charge the EV, OR boil the kettle, OR use the tumble dryer, OR have a hot meal, OR have the ASHP heating on?
    Faites vos jeux !
    This is how it is in Spain right now, but the choice is based on how much you want to pay for your electricity, so you select from a range of load options and the lower the load service the less you pay and you live within the choices you have made.
    If you don't have a smart meter then you don't get the option to pick a low load service and you'll pay the highest price for your power...
    You constantly imply that you will be better off without a smart meter when this stuff eventually becomes a product feature when the most likely outcome is in fact the opposite...


  • Swipe
    Swipe Posts: 5,612 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    MWT said:
    Gerry1 said:
    You may have some interesting choices at times in the future.
    Charge the EV, OR boil the kettle, OR use the tumble dryer, OR have a hot meal, OR have the ASHP heating on?
    Faites vos jeux !
    You constantly imply that you will be better off without a smart meter when this stuff eventually becomes a product feature when the most likely outcome is in fact the opposite...


    It's already the case. I reluctantly had to have a smart meter installed to get the cheapest E7 night rate I could find at 8.8p which at 16,000kWh night usage (95% of my annual consumption) saves me over £400 a year compared to the next cheapest non smart meter compulsory tariff.

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 5 August 2021 at 9:49AM
    Gerry1 said:

    You may have some interesting choices at times in the future.
    Charge the EV, OR boil the kettle, OR use the tumble dryer, OR have a hot meal, OR have the ASHP heating on?
    Faites vos jeux !
    It's already perfectly possible that charging the EV whilst running the ASHP could exceed the capacity of your mains fuse.  And if not then add-in turning on the oven whilst boiling a kettle and that might do it.  We are all already rationed by the capacity of our wiring.
    The other issue which is rarely mentioned is the effect of constant high current devices on the local Grid and nearby properties. We are already seeing DNOs requiring homeowners to get a 3 phase supply for nothing more than a 7kWh charger. Why - possibly because their neighbour has already got an EVSE or heat pump. Depending on location etc, 3phase upgrades can be expensive.
  • MWT
    MWT Posts: 10,214 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Swipe said:
    MWT said:
    Gerry1 said:
    You may have some interesting choices at times in the future.
    Charge the EV, OR boil the kettle, OR use the tumble dryer, OR have a hot meal, OR have the ASHP heating on?
    Faites vos jeux !
    You constantly imply that you will be better off without a smart meter when this stuff eventually becomes a product feature when the most likely outcome is in fact the opposite...


    It's already the case. I reluctantly had to have a smart meter installed to get the cheapest E7 night rate I could find at 8.8p which at 16,000kWh night usage (95% of my annual consumption) saves me over £400 a year compared to the next cheapest non smart meter compulsory tariff.

    Agreed, I've saved considerable amounts of money myself since going Smart, but in this case I was referring to the 'load limiting' feature that seems to greatly vex Gerry, but is not yet in general use for domestic tariffs in the UK.

  • tim_p
    tim_p Posts: 877 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    edited 24 October 2023 at 5:54PM

    <snip>

    The other issue which is rarely mentioned is the effect of constant high current devices on the local Grid and nearby properties. We are already seeing DNOs requiring homeowners to get a 3 phase supply for nothing more than a 7kWh charger. Why - possibly because their neighbour has already got an EVSE or heat pump. Depending on location etc, 3phase upgrades can be expensive.
    I was recently quoted over £5K + VAT for a fairly simple 3-phase install / upgrade.  Probably 10 or so metres from the road. 
    Much as I see it as future proofing I’m not sure I can justify the cost!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.