Energy news in general

QrizB

MikeJXE said:

And here are the savings we can all make (assumed)

...

WOW thats.a whole £1.50 a month

I can't speak for your experience, but my smart meter has allowed me access to smart tariffs and those in turn have saved me something like £300 in the past year alone.

That's £1 a day, not £1 50 a month.

Others have reported similar savings (MFB claims £500 a year, for example).

MikeJXE

QrizB said:

MikeJXE said:

And here are the savings we can all make (assumed)

...

WOW thats.a whole £1.50 a month

I can't speak for your experience, but my smart meter has allowed me access to smart tariffs and those in turn have saved me something like £300 in the past year alone.

That's £1 a day, not £1 50 a month.

Others have reported similar savings (MFB claims £500 a year, for example).

I guess the £1.50 a month is average and should have taken people like you into account in the assessment 

MultiFuelBurner

MikeJXE said:

QrizB said:

MikeJXE said:

And here are the savings we can all make (assumed)

...

WOW thats.a whole £1.50 a month

I can't speak for your experience, but my smart meter has allowed me access to smart tariffs and those in turn have saved me something like £300 in the past year alone.

That's £1 a day, not £1 50 a month.

Others have reported similar savings (MFB claims £500 a year, for example).

I guess the £1.50 a month is average and should have taken people like you into account in the assessment 

The paper you have linked is 4 years old so useless really with the explosion of smart feed in tariffs, the use of home batteries and EV's for example



With Over 1.5million plug in vehicles 2023.

Really you need to post stuff here that up to date and at least within a year for a proper discussion and for it to be relevant?

the_lunatic_is_in_my_head

The nagging question with TOU is once the majority is using it will it still save money?

If we all move our peak usage about doesn't it just level out and even with those who can use at anti-social hours like 3am will demand increase at night as more people purchase electric cars? Not to mention this drive towards heat pumps all using electric to heat homes. 

I appreciate if usage levels out that may avoid a high peak at one point (say dinner time) and there may be overall savings to be had but I can't see everyone is going to save hundreds off their bill if everyone ends up using such tariffs. 

I'm not suggesting people shouldn't get a smart meter and I do agree people can save now with TOU (I'd use such a tariff if I could), I just wonder where it will end up in terms of unit pricing. 

MultiFuelBurner said:

The paper you have linked is 4 years 

I don't think the gov. have drafted another such paper and it's pretty hard to find in depth, neutral information (on most topics not just energy), it is of course true things have changed for the reasons you mention and it is fair to say there are benefits. 

markin

There could be as many as 36m electric vehicles (EVs) on UK roads by 2040, double the number expected just a year ago.

That’s according to the latest National Grid Future Energy Scenarios, published today. *July

https://www.carbonbrief.org/rise-uk-electric-vehicles-national-grid-doubles-2040-forecast/

No updated 2023 version of this chart that i could find. (2018)

https://www.nationalgrideso.com/future-energy/future-energy-scenarios

The_Green_Hornet

Smart meters: Almost three million still not working

Almost three million smart meters in Britain are not working properly, data shows.

The issues are leading to customers being charged the wrong amount for their energy bills.

A total of 2.7 million of around 33 million meters are not in smart mode, according to figures from the Department for Energy Security and Net Zero (DESNZ).

Smart meters: Almost three million still not working - BBC News

dealyboy

Wow, I didn't realize that, that's 8.1% not being billed correctly ... and they make such a fuss about getting us all to have one.

MultiFuelBurner

Something for the smart meter conspiracy nuts to get excited about 😜

The sooner they make it criminal to refuse one the better. Throw the nuts in jail🤣🤣

TheElectricCow

dealyboy said:

Wow, I didn't realize that, that's 8.1% not being billed correctly ... and they make such a fuss about getting us all to have one.

It’s important to note that figure represents the number of meters not in “smart mode” i.e. operating as traditional meters, as the article goes on to clarify. While it does increase the likelihood of billing issues potentially going unnoticed, the meter not being in smart mode, by itself, doesn’t mean the billing is incorrect.

If I recall, around 45% of domestic meters are still traditional ones, so following your statement we’d also have to add those to the number of people not being billed correctly.

ArbitraryRandom

Is that the same definition of 'not working' as given before (the IHD not having the right unit rate or similar)? 

dealyboy said:

Wow, I didn't realize that, that's 8.1% not being billed correctly ... and they make such a fuss about getting us all to have one.

The entertaining (to me) thing is that if people are being billed incorrectly it's because they're not sending in a manual reading/checking if the estimates are accurate... which is what they'd have to do with a traditional meter or get just as incorrect bills