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Energy news in general

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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.
  • Sea_Shell
    Sea_Shell Posts: 10,032 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    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 calculations 

    I 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)
  • MattMattMattUK
    MattMattMattUK Posts: 11,344 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    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. 
    Even if you have a smart meter that allows it, you need to replace things like simple dishwashers and washing machines that don't have timers built in or be prepared to stay up to run them overnight - and not everyone is going to have an EV in the next 10 years, so can't see the "average consumer" gaining a lot.
    Haven't pretty much every dishwasher and washing machine sold in the last decade had built in timers?
  • Mstty 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!) :smiley:

    https://www.forbes.com/uk/advisor/energy/economy-7-electricity-tariffs/

    Talk about going back to the future!


    I think it's a more fluid system it might be peak today is 4-6pm or 6-8pm. Turn stuff off and we give you money.

    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. 

  • MattMattMattUK
    MattMattMattUK Posts: 11,344 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    Mstty 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!) :smiley:

    https://www.forbes.com/uk/advisor/energy/economy-7-electricity-tariffs/

    Talk about going back to the future!


    I think it's a more fluid system it might be peak today is 4-6pm or 6-8pm. Turn stuff off and we give you money.

    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. 
    ToU tariffs have been one of the factors behind Smart Meter deployment, however it has been a case of when the regulatory framework would catch up with them to be deployed at scale. 
  • 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,
  • 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. 
    Even if you have a smart meter that allows it, you need to replace things like simple dishwashers and washing machines that don't have timers built in or be prepared to stay up to run them overnight - and not everyone is going to have an EV in the next 10 years, so can't see the "average consumer" gaining a lot.
    Haven't pretty much every dishwasher and washing machine sold in the last decade had built in timers?
    Simple plug in socket timer will do the trick - cheapest @ £7 on Amazon
  • brewerdave
    brewerdave Posts: 8,737 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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. 
    Even if you have a smart meter that allows it, you need to replace things like simple dishwashers and washing machines that don't have timers built in or be prepared to stay up to run them overnight - and not everyone is going to have an EV in the next 10 years, so can't see the "average consumer" gaining a lot.
    Haven't pretty much every dishwasher and washing machine sold in the last decade had built in timers?
    Nope ! The Indesit machines we have which are only 3-4 years old ,certainly haven't

    .ihatetrump 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. 
    Even if you have a smart meter that allows it, you need to replace things like simple dishwashers and washing machines that don't have timers built in or be prepared to stay up to run them overnight - and not everyone is going to have an EV in the next 10 years, so can't see the "average consumer" gaining a lot.
    Haven't pretty much every dishwasher and washing machine sold in the last decade had built in timers?
    Simple plug in socket timer will do the trick - cheapest @ £7 on Amazon
    Nope - already tried - the buttons need to be physically pushed to start the cycles. Haven't tried starting the cycle then powering  down especially as the plug sockets are hidden behind the machines !
  • QrizB
    QrizB Posts: 18,535 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 22 August 2022 at 11:54AM
    Haven't pretty much every dishwasher and washing machine sold in the last decade had built in timers?
    Nope ! The Indesit machines we have which are only 3-4 years old ,certainly haven't
    I'm surprised by that, I bought my cheap Indesit washer-dryer in 2017 and it has a delay timer that I use regularly.
    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!
  • markin said:

    China got a 30 year deal on the Gas.
    As far as I know, Pootsie has always been a proponent of long term gas contracts for stability. It was the EU that commoditised the contracts so that they were shorter. I don't know the ins and outs of it but I'm sure others on here do....

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