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How to find better feed in (export) tariff for excess electricity ?

OmegaA
OmegaA Posts: 19 Forumite
Eighth Anniversary 10 Posts Combo Breaker
edited 17 August 2023 at 12:44PM in Energy
Hi, everyone,
I installed solar panels that will generate 200-250% of my annual consumption and Tesla PowerWall 2 battery. I am on EDF dual fuel contract Easy Online 3 Year Fix Sep24 that I signed up in September 21, my Electricity unit rate: 20.33p per kWh, Daily standing charge: 24.11p per day. My export tariff is about 4 or 5 p/kWh. I consume about 4700 kWh a year of electricity, solar generation is estimated 10 000 kWh a year 
I checked around and one of the cheapest daily rate now is with Octopus that is 47.95 p per kWh with daily Standing Charge is 30.3 p/day, so about £0.5k more expensive than my current rate. Is there a feed in tariff that can effectively offset this increase in my rate to encourage me to move?
Is there a better feeding tariff that I could take instead of my current EDF one?
Is there a good feed in tariff comparison site? I takes a while to go through each supplier, especially because many do not publish conditions that you can get the best price if you switch at least 
electricity to them?

Thank you

Comments

  • Save yourself some time and look at Octopus Flux. My panels have generated an export income of £52 in the past 28 days (not a good solar period!).


  • OmegaA
    OmegaA Posts: 19 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    edited 25 October 2023 at 8:41PM
    Dolor said:
    Save yourself some time and look at Octopus Flux. My panels have generated an export income of £52 in the past 28 days (not a good solar period!).


    Thank you, I just spoke to Octopus right now.
    We are in the best part of the year - if you are annually generating close to 100% of what you consume (what often solar panel installers recommend), then you will be drawing much more energy than generating in the winter, so the income of £52 may become negative
    My current electricity tariff is about £500/year cheaper than Octopus Flux if I did not have the solar panels... The question if moving to Octopus will offset the savings, hard to calculate, but I want to get some rough estimates - at the moment, it looks like it will be more expensive 

  • OmegaA
    OmegaA Posts: 19 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    edited 17 August 2023 at 1:02PM

    I made crude estimations

    I can buy energy at Flux period for 18.18 p kWh, sell at peak time for 31.41 p kWh. Currently my battery is about 5-39% full when flux time finishes, so I can charge only the remaining capacity. I probably that damp it at the higher price @ 16:00-19:00, then I will be buying at 30.3 p/kWh from 19:00 as there be little solar generation. Yes, I will sell excessive energy for 19.3p kWh most of the day during the summer. In winter though sun goes down much faster, so I will generate about 1/4 of the summer time, so I will have to import 5 kWh daily…

    It looks like changing the tariff is breaking even in my case…

  • Alnat1
    Alnat1 Posts: 3,568 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    You don't have totally empty the batteries 4-7pm, I leave enough in to see me through to the cheaper 2am slot. Then I set the batteries to charge, often only to 20%, enough until the sun is up and I'm making enough to run the house load. In winter, or if a dark day is forecast in summer, I can totally fill the batteries 2-5am.
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375 Longi) Lux 3.6kw hybrid inverter and 4.8kw Pylontech battery storage installed March 22
    Octopus Agile/Fixed Outgoing and Tracker gas
  • Alnat1 said:
    You don't have totally empty the batteries 4-7pm, I leave enough in to see me through to the cheaper 2am slot. Then I set the batteries to charge, often only to 20%, enough until the sun is up and I'm making enough to run the house load. In winter, or if a dark day is forecast in summer, I can totally fill the batteries 2-5am.
    I could force my PW2 to discharge in the peak period but I choose not to do so. When solar output falls away in October, I will probably switch back to Go for the lower import rates. Without an EV, I would probably go for E7 and Agile Outgoing.
  • DougMLancs
    DougMLancs Posts: 260 Forumite
    100 Posts Second Anniversary Photogenic Name Dropper
    You’re one of the lucky ones who fixed just at the right time! Our church is in the same position so we’re getting panels fitted ready to ease the shock! Flux has been a game changer for me- I’ve earned £225 from exports since the beginning of June. If the export MPAN had been quicker after installation it would’ve been £350ish as May was exceptionally good.
    Smart Tech Specialist with Octopus Energy Services (all views my own). 4.44kW SW Facing in-roof array with 3.6kW Givenergy Gen 2 Hybrid inverter and 9.5kWh Givenergy battery. 9kW Panasonic Aquarea L (R290) ASHP. #gasfree since July ‘23
  • Niv
    Niv Posts: 2,530 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 25 October 2023 at 8:41PM
    OmegaA said:
    Dolor said:
    Save yourself some time and look at Octopus Flux. My panels have generated an export income of £52 in the past 28 days (not a good solar period!).


    Thank you, I just spoke to Octopus right now.
    We are in the best part of the year - if you are annually generating close to 100% of what you consume (what often solar panel installers recommend), then you will be drawing much more energy than generating in the winter, so the income of £52 may become negative
    My current electricity tariff is about £500/year cheaper than Octopus Flux if I did not have the solar panels... The question if moving to Octopus will offset the savings, hard to calculate, but I want to get some rough estimates - at the moment, it looks like it will be more expensive 

    We are definitely not this year, May and June were way better than July and it would be a miracle if August beats May or June too.
    YNWA

    Target: Mortgage free by 58.
  • OmegaA
    OmegaA Posts: 19 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    Alnat1 said:
    You don't have totally empty the batteries 4-7pm, I leave enough in to see me through to the cheaper 2am slot. Then I set the batteries to charge, often only to 20%, enough until the sun is up and I'm making enough to run the house load. In winter, or if a dark day is forecast in summer, I can totally fill the batteries 2-5am.
    Do you manually change the settings on a daily basis? There is a risk you will miss it by forgetting about it... I did not figure out yet how to set charge-discharge on PW2 automatically at various times of the day, only can see Self-Powered and Time-Bases Control (but Time-Based Control is useless for me because my purchase rate is the same any time of the day, so is my sell rate, though it is only 5.6 p/kWh)
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