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Energy news in general
Comments
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Initially it will be a carrot that, but longer term it will change to a stick - be charged n* the average rate for that period. Where N could be any number between 1.1 and infinity, as is the case for industrial/commercial tariffs already.1
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QrizB said:Mstty said:On that note of diesel generators. At some point the point where electricity rises faster than diesel costs that is a possibility for the home.
Must do some calculationsI was looking at this last night.Small diesel generators seem to produce 2-2.5kWh per litre of diesel. If you can get red diesel for 80p/litre that's 30-40p/kWh in fuel costs.However, you're also looking at the cost of the generator itself plus servicing etc. over its life. Service intervals on generators look to be every 1-200 hours, which is every 4-8 days for one that runs continuously.An acquaintance with a coffee stand business has to buy a new (petrol) generator every year. I suspect that if he spent more and bought eg. Honda or Kubota it would last longer, but I don't know how the economics would work out.
I wonder what the maths are for sitting in your car with the engine idling and heater on would be. You could make a cup of tea (and charge your phone) with an adaptor for the lighter socket!!
I have no idea how much fuel a 1.4l turbo petrol uses whilst idling 🤔😇
I'm sure just putting the heating on in the house would still be cheaper!How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)0 -
brewerdave said:savers_united said:It was always coming, but rising prices have likely put the rocket boosters under the idea.
I still struggle to see why anyone is opposed to a smart meter. We have saved a few thousands since having them installed, charging our EV on a time of use tariff compared to filling up with petrol at out local garage. At half 10, the dishwasher and washing machine goes on, along with chargers for my power tools and anything else that can safely be left.
The wife has even done baking at midnight on the odd occasion she could not sleep.0 -
Mstty said:ihatetrump said:Surely all this current talk of offering incentives to use energy at 'off peak' times is really just a smart meter variant on the old Economy 7 meter and tariffs?
Here's a useful article from last September (before the current fertiliser hit the ventilator!)
https://www.forbes.com/uk/advisor/energy/economy-7-electricity-tariffs/
Talk about going back to the future!
I agree, but given that Economy 7 was introduced in 1978 (pre internet) - it's taken 44 years to come up with a modern day variant that really is a knee jerk reaction to the current situation.
There's so many smart appliances today that I'm sure an app developer could develop a programme to integrate into smart meters and the establishment of multiple TOD tariffs such that they can be programmed to run at the very lowest tariff period.
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ihatetrump said:Mstty said:ihatetrump said:Surely all this current talk of offering incentives to use energy at 'off peak' times is really just a smart meter variant on the old Economy 7 meter and tariffs?
Here's a useful article from last September (before the current fertiliser hit the ventilator!)
https://www.forbes.com/uk/advisor/energy/economy-7-electricity-tariffs/
Talk about going back to the future!
I agree, but given that Economy 7 was introduced in 1978 (pre internet) - it's taken 44 years to come up with a modern day variant that really is a knee jerk reaction to the current situation.
There's so many smart appliances today that I'm sure an app developer could develop a programme to integrate into smart meters and the establishment of multiple TOD tariffs such that they can be programmed to run at the very lowest tariff period.0 -
British therm is now trading at 556p up up 439% on last year in August, projected to be 745p pence by end of 4th quarter 2022 catastrophic prices even worse for the energy sector for businesses,1
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MattMattMattUK said:brewerdave said:savers_united said:It was always coming, but rising prices have likely put the rocket boosters under the idea.
I still struggle to see why anyone is opposed to a smart meter. We have saved a few thousands since having them installed, charging our EV on a time of use tariff compared to filling up with petrol at out local garage. At half 10, the dishwasher and washing machine goes on, along with chargers for my power tools and anything else that can safely be left.
The wife has even done baking at midnight on the odd occasion she could not sleep.0 -
MattMattMattUK said:brewerdave said:savers_united said:It was always coming, but rising prices have likely put the rocket boosters under the idea.
I still struggle to see why anyone is opposed to a smart meter. We have saved a few thousands since having them installed, charging our EV on a time of use tariff compared to filling up with petrol at out local garage. At half 10, the dishwasher and washing machine goes on, along with chargers for my power tools and anything else that can safely be left.
The wife has even done baking at midnight on the odd occasion she could not sleep.
.ihatetrump said:MattMattMattUK said:brewerdave said:savers_united said:It was always coming, but rising prices have likely put the rocket boosters under the idea.
I still struggle to see why anyone is opposed to a smart meter. We have saved a few thousands since having them installed, charging our EV on a time of use tariff compared to filling up with petrol at out local garage. At half 10, the dishwasher and washing machine goes on, along with chargers for my power tools and anything else that can safely be left.
The wife has even done baking at midnight on the odd occasion she could not sleep.0 -
brewerdave said:MattMattMattUK said:Haven't pretty much every dishwasher and washing machine sold in the last decade had built in timers?
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!0 -
markin said:
China got a 30 year deal on the Gas.
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