Octopus to cut SC completely for a short time for some customers.

wrf12345

Average users would pay exactly the same as they pay now, everyone below that would benefit. Currently, thanks to the extra £100 in s/c to cover previous losses low users are subsidising high users who racked up larger loses for energy companies when the cap was lower than the unit rate. The Green imperative means energy co's should do everything they can to encourage low use - an hilarious idea because they are doing exactly the opposite. Yes people with solar would benefit the most but they are being ripped off every day by not getting a decent rate for the energy they produce which flows into the grid. Many countries do net metering in which they are fully credited for the electricity they produce. Brits are being ripped off every which way by cartel-like companies.

[Deleted User]

Looks like they have suckered you in too - offer a discount of less than £50 and suddenly they become the champion of the people?

Complaining about SC isn't even worth the effort of having the argument - despite how many times it seems to come up here.

MWT

wrf12345 said:

Many countries do net metering in which they are fully credited for the electricity they produce.

I can only speak for the USA, Texas in particular, where I am familiar with their net metering system, and it isn't a full credit, as the customer gets charged a network delivery fee for the energy they consume regardless of what they export.

So the electricity charge is netted off, but not the initial delivery cost.

There are also controls with some suppliers to limit the degree to which customers can become net exporters, unlike the UK where that is possible.

The grass isn't always greener elsewhere, and products like Octopus Agile which can be very profitable for those with the ability to control when they export their excess, are rarely to be found elsewhere.

Also we do actually have a true 100% offset net metering product in the UK, the Tesla Energy Plan, but it does have ownership of a Powerwall and solar as an entry requirement.

 

 

MattMattMattUK

wrf12345 said:

Average users would pay exactly the same as they pay now, everyone below that would benefit. 

It depends exactly how it was priced, but if the costs were added to the unit cost then it would cost all but very low users more, the only question is where the line would fall. 

wrf12345 said:

Currently, thanks to the extra £100 in s/c to cover previous losses low users are subsidising high users who racked up larger loses for energy companies when the cap was lower than the unit rate. 

No they are not, low users are being subsidised by average users, high users and taxpayers in general. Those who are being subsided by the SoLR process are those who had credit balances, whether they were low or high users is irrelevant. 

wrf12345 said:

The Green imperative means energy co's should do everything they can to encourage low use - an hilarious idea because they are doing exactly the opposite. 

It is down to the government to encourage low use, energy providers have no skin in that game. The standing charge makes no difference to encouraging low use no matter how much you try and claim it does.

wrf12345 said:

Yes people with solar would benefit the most but they are being ripped off every day by not getting a decent rate for the energy they produce which flows into the grid. 

They get the full generation cost that any commercial generator would get, what they do not get is the kWh cost because that includes transmission and other network costs.

wrf12345 said:

Many countries do net metering in which they are fully credited for the electricity they produce. 

Most countries do not, a few do in legacy situations, most offer export tariffs which reflect the generation and perhaps a small premium.

wrf12345 said:

Brits are being ripped off every which way by cartel-like companies.

For the last two decades Brits have had some of the cheapest energy in Europe, for much of the last year Brits have had energy supplied below cost, at a loss to the providers. Outside of France where the previously state ownee EDF, which is now state owned again spent hundreds of billions of taxpayer funds building nuclear power plants we still have comparatively low generation and transmission costs and the generation and networks make lower profits than in most comparable nations.