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Economy 7 and April Increases are crazy
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pochase said:Yes there is a big price increase for E7 night rate for Eastern region, but what you forgot to mention is that it is only going back to where it was before October, when they reduced the rate to the 7p.
https://www.edfenergy.com/sites/default/files/dm1903_pl1_rate_card_builed_aw4_v1.pdf
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Any idea why eastern region has low night time tariff?“Don't raise your voice, improve your argument." - Desmond Tutu
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@littleteapot, @pochase ...littleteapot said:pochase said:Yes there is a big price increase for E7 night rate for Eastern region, but what you forgot to mention is that it is only going back to where it was before October, when they reduced the rate to the 7p.
https://www.edfenergy.com/sites/default/files/dm1903_pl1_rate_card_builed_aw4_v1.pdf
The cost profile will be better for those who have 'the standard' day/night split. The April 1st E7 Eastern EPG single rate equivalent for EDF is 32.95p per kWh, based on a 58% day 42% night split.
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ispookie666 said:Any idea why eastern region has low night time tariff?1
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I was an E7 customer for over 25 years until the tariff increases of 1st January and the hike in the E7 utilisation to >40%, effectively making E7 no longer beneficial for me. I swapped to single rate and as a consequence I now run my dishwasher, wash-dryer machine, under floor heating etc during the day, when more convenient to me. During an energy crisis that change made sense to someone somewhere...1
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pensionpawn said:I was an E7 customer for over 25 years until the tariff increases of 1st January and the hike in the E7 utilisation to >40%, effectively making E7 no longer beneficial for me. I swapped to single rate and as a consequence I now run my dishwasher, wash-dryer machine, under floor heating etc during the day, when more convenient to me. During an energy crisis that change made sense to someone somewhere...
People who were previously marginal cases for E7 coming off it will have made almost no difference to the demand curve, people cutting back in general has reduced demand (overall and at peak times) far more than a bit of load shifting ever would. You no longer being on E7 does not make the "energy crisis" and better or worse.2 -
MattMattMattUK said:ispookie666 said:Any idea why eastern region has low night time tariff?
Majority of time, North of Scotland is 90 to 100 % renewable generation.
https://electricityproduction.uk/in/north-scotland/
There is lots of onshore and hydro generation there, but it doesnt make it lower. Also includes 2 lines that transfer energy the beauly/denny line and east coast line that goes through Angus.
https://www.ssen-transmission.co.uk/projects/project-map/beauly---denny/
https://www.ssen-transmission.co.uk/projects/project-map/east-coast-275kv-ohl-upgrade/
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pensionpawn said:I was an E7 customer for over 25 years until the tariff increases of 1st January and the hike in the E7 utilisation to >40%, effectively making E7 no longer beneficial for me. I swapped to single rate and as a consequence I now run my dishwasher, wash-dryer machine, under floor heating etc during the day, when more convenient to me. During an energy crisis that change made sense to someone somewhere...
During an "energy crisis", that change made perfect sense.
Winners and losers. Those with a high off peak ratio are winners. Those with a low off peak ratio are losers. However, those losers can still move to other suppliers who have a less noticeable ratio.Any idea why eastern region has low night time tariff?Two major influences are how much energy the supplier sells in the area and how much it buys from generators in the area and how much it buys externally. Generally, the more that can be generated locally the lower the cost.
East Anglia's electricity transmission network was built in the 60s to supply regional demand. Not countrywide. The region generates 4100MW. Of which 3160 is used in the region and 940MW is distributed. So, "Eastern" is a net generator.
Sizewell (which is run by EDF) generates a third of the region's needs. It's 24 hour generation to an area that doesn't have much heavy industry that can run off peak
There are very many small onshore wind turbine sites and significant offshore sites around the East but the current infrastructure is not where it needs to be to export more of it to the wider grid. There are some significant projects underway or under consultation to improve that. Eastern has been referred to as becoming the UKs energy powerhouse.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.6 -
dunstonh said:pensionpawn said:I was an E7 customer for over 25 years until the tariff increases of 1st January and the hike in the E7 utilisation to >40%, effectively making E7 no longer beneficial for me. I swapped to single rate and as a consequence I now run my dishwasher, wash-dryer machine, under floor heating etc during the day, when more convenient to me. During an energy crisis that change made sense to someone somewhere...
During an "energy crisis", that change made perfect sense.
Winners and losers. Those with a high off peak ratio are winners. Those with a low off peak ratio are losers. However, those losers can still move to other suppliers who have a less noticeable ratio.Any idea why eastern region has low night time tariff?. Generally, the more that can be generated locally the lower the cost.
So why does both North and South of Scotland have amongst the highest E7 tarrif?
They produce in excess of what is used and are net exporters of energy to the rest of the UK.
Official UK gov spreadsheet on energy transfers below....
https://www.google.com/url?sa=t&source=web&rct=j&url=https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1043309/ET_5.6_DEC_21.xlsx&ved=2ahUKEwi6mOzo2pz6AhUISEEAHRsKBHwQFnoECEQQAQ&usg=AOvVaw2eDHmuMCFh19CWLQBh9QqJ
And this is set to grow further with massive expansion of offshore wind and pumped storage and additional onshore wind.
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Although large in terms of current capacity the 2 major pump storage I am aware of Coire Glas - storage and generation capacity, and Cruachan generation / refill, not actual storage capacity - are trivial in terms of peak UK demand, if not Scotlands.
And being funded largely by private investment.
Recently said UK needs 10-50 Coire Glas to seriously look at decommissioning significant numbers of gas plants etc. Over and above the planned expansion of nuclear (which isn't happening anytime soon in Scotland under SNP Grens).
Due to winds at time 5% actual ouput for days and 20% output for months every summer.1
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