EV Tariffs with Octopus vs regular tariff with Solar PV on FIT payments without Batteries
Hello,
I hope someone can help-
I have solar PV and I am currently on deemed FIT payments, I have been for about 6 years now. I have just got an EV and I have heard of special EV tariffs but I am not sure if they will work for me for the following reasons;
I have been told Economy 7 rates don't work for me as I use a lot more energy during the day (this was from my energy provider who don't know I have solar as they don't handle my FIT payments - at least they have never mentioned it. SO even though I have an Economy 7 meter- I have been put on standard rates. I am struggling to see how a very low EV night rate would help....
Do I need to get a battery? I heard they won't charge the EV anyway so I am sceptical and the powerwall costs about 10K and I am unclear if the FIT exports will carry on or stop I get a battery.
what would be be most cost efficient please?
I hope someone can help-
I have solar PV and I am currently on deemed FIT payments, I have been for about 6 years now. I have just got an EV and I have heard of special EV tariffs but I am not sure if they will work for me for the following reasons;
I have been told Economy 7 rates don't work for me as I use a lot more energy during the day (this was from my energy provider who don't know I have solar as they don't handle my FIT payments - at least they have never mentioned it. SO even though I have an Economy 7 meter- I have been put on standard rates. I am struggling to see how a very low EV night rate would help....
Do I need to get a battery? I heard they won't charge the EV anyway so I am sceptical and the powerwall costs about 10K and I am unclear if the FIT exports will carry on or stop I get a battery.
what would be be most cost efficient please?
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Comments
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What do you want a battery for? If you already use more energy during the day, which is when solar is generating, how would it help?0
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cece_3 said:I have been told Economy 7 rates don't work for me as I use a lot more energy during the day ... even though I have an Economy 7 meterIf you have an E7 meter, you will have separate registers for day- and night-rate consumption.How much of each have you used in the past year? Check your meter readings.If you are now adding an EV, how many miles a year do you expect to drive and how much of that will you charge at home?N. Hampshire, he/him. Octopus Go elec & Tracker gas / Shell BB / Lyca mobi. Ripple Kirk Hill member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 30MWh generated, long-term average 2.6 Os.1 -
You should be looking at EV specific tariffs not E7. What EV do you have? What EV charge point are you using? If your EV or charge point are compatible then intelligent Octopus is worth looking at otherwise something iike Octopus Go or E-on Next Next Drive.
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QrizB said:cece_3 said:I have been told Economy 7 rates don't work for me as I use a lot more energy during the day ... even though I have an Economy 7 meterIf you have an E7 meter, you will have separate registers for day- and night-rate consumption.How much of each have you used in the past year? Check your meter readings.If you are now adding an EV, how many miles a year do you expect to drive and how much of that will you charge at home?
I expect to drive about 20000 miles per year and charge about 1/2 of that at home.0 -
Keep_pedalling said:You should be looking at EV specific tariffs not E7. What EV do you have? What EV charge point are you using? If your EV or charge point are compatible then intelligent Octopus is worth looking at otherwise something iike Octopus Go or E-on Next Next Drive.0
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cece_3 said:Keep_pedalling said:You should be looking at EV specific tariffs not E7. What EV do you have? What EV charge point are you using? If your EV or charge point are compatible then intelligent Octopus is worth looking at otherwise something iike Octopus Go or E-on Next Next Drive.0
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cece_3 said:QrizB said:cece_3 said:I have been told Economy 7 rates don't work for me as I use a lot more energy during the day ... even though I have an Economy 7 meterIf you have an E7 meter, you will have separate registers for day- and night-rate consumption.How much of each have you used in the past year? Check your meter readings.If you are now adding an EV, how many miles a year do you expect to drive and how much of that will you charge at home?How much of each have you used in the past year?cece_3 said:I expect to drive about 20000 miles per year and charge about 1/2 of that at home.Once you've told us how much electricity you currently use at each rate, we can give you some options and estimates of costs.Dolor said:Octopus Intelligent would be my tariff of choice in your situation.
N. Hampshire, he/him. Octopus Go elec & Tracker gas / Shell BB / Lyca mobi. Ripple Kirk Hill member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 30MWh generated, long-term average 2.6 Os.0
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