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Smart Meters and Heat Pumps
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From memory, Martin's only issues with Smart meters back in the day was that in the days of SMETS 1 meters they didn't stay smart once you changed supplier. That's all changed now of course with SMETS2 meters.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1 -
MultiFuelBurner said:Keep_pedalling said:Octopus have a tariff called Cosy Octopus which is for heat pump users but again you need a smart meter. It would be dumb not to get one in your situation. There are no down sides to this.
Do you have a heat pump and are you on this? As we have a heat pump/smart meter and are with Octopus so always interested what the average price per kWh other heat pump owners can get down to with the 6 hours cheap 3 hours expensive on cosy.0 -
Keep_pedalling said:MultiFuelBurner said:Keep_pedalling said:Octopus have a tariff called Cosy Octopus which is for heat pump users but again you need a smart meter. It would be dumb not to get one in your situation. There are no down sides to this.
Do you have a heat pump and are you on this? As we have a heat pump/smart meter and are with Octopus so always interested what the average price per kWh other heat pump owners can get down to with the 6 hours cheap 3 hours expensive on cosy.
But for ease of like a single flat rate on tracker has beaten all that faffing around at under 21p kWh all year (weighted average)0 -
EssexHebridean said:From memory, Martin's only issues with Smart meters back in the day was that in the days of SMETS 1 meters they didn't stay smart once you changed supplier. That's all changed now of course with SMETS2 meters.
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EssexHebridean said:From memory, Martin's only issues with Smart meters back in the day was that in the days of SMETS 1 meters they didn't stay smart once you changed supplier. That's all changed now of course with SMETS2 meters.1
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Markw said:I have an Air Source Heat Pump/underfloor heating system in a very well insulated modern house.That's good.Markw said:However, since electricity has increased in cost I have come to realise that they are VERY inefficient in low temperatures.Markw said:I am with Octopus Energy on a single tariff Analogue meter and considering changing to Economy 7.Your questions about smart meters have already been answered, but it seems there remains some discussion to be had around ASHP efficiency and tariffs.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!1 -
Markw said:However, since electricity has increased in cost I have come to realise that they are VERY inefficient in low temperatures.Markw said:I am with Octopus Energy on a single tariff Analogue meter and considering changing to Economy 7.Your questions about smart meters have already been answered, but it seems there remains some discussion to be had around ASHP efficiency and tariffs.
With regard to E7, I thought this was the only option for a cheaper tariff, but thanks to this thread I now know there are other options which may be beneficial. i.e.Octopus Cosy0 -
Keep_pedalling said:EssexHebridean said:From memory, Martin's only issues with Smart meters back in the day was that in the days of SMETS 1 meters they didn't stay smart once you changed supplier. That's all changed now of course with SMETS2 meters.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Markw said:Markw said:However, since electricity has increased in cost I have come to realise that they are VERY inefficient in low temperatures.Markw said:I am with Octopus Energy on a single tariff Analogue meter and considering changing to Economy 7.Your questions about smart meters have already been answered, but it seems there remains some discussion to be had around ASHP efficiency and tariffs.
With regard to E7, I thought this was the only option for a cheaper tariff, but thanks to this thread I now know there are other options which may be beneficial. i.e.Octopus CosyMarkw said:Markw said:However, since electricity has increased in cost I have come to realise that they are VERY inefficient in low temperatures.Markw said:I am with Octopus Energy on a single tariff Analogue meter and considering changing to Economy 7.Your questions about smart meters have already been answered, but it seems there remains some discussion to be had around ASHP efficiency and tariffs.
With regard to E7, I thought this was the only option for a cheaper tariff, but thanks to this thread I now know there are other options which may be beneficial. i.e.Octopus Cosy
I've had a heatpump for over 13 years, coupled with underfloor heating and I would agree that the electricity consumption does increase quite dramatically when the temperature drops to freezing or below, but TBH it really doesn't happen that often that I get upset about it. Some days when its been everso cold we've chomped through 60+ kwh but generally its a lot less and our total annual electricity consumption average out at about 19kwh a day.
We are at home all day and I can't see that trying to wind the unit up to overheat the place so we can shut it down during the expensive periods for Cozy or E7 would actually save all that much money but it would definitely affect the comfort levels.
We want to be warm during the day and the evening and not so much overnight so E7 wouldn't work for us at all and I'm not convinced that closing it down during the peak time when we want to be warm and cook our evening meal would enhance our comfort levels either.
The advantage of a smart meter (ours is a SMETS 1, installed in 2017) and it works, we've always been able to extract historical half hourly readings from it, even when we changed suppliers and it wasn't communicating with the supplier direct. Since it was enrolled with the DCC about three years ago I can suck two years worth of half hourly reading from it if I so desire using the Bright app. which gives me the opportunity to evaluate my consumption to see whether a TOU tariff would suit us and so far I reckon they probably wouldn't.
Never under estimate the power of stupid people in large numbers1 -
I got an ASHP in December 2020 when I had a single rate meter. I got a smart meter in August 2023. At the end of September 2023 I got an electric car and moved to an economy 7 type EV tariff. Since then I have made sure that the water heating and more space heating is done during the cheap overnight period. I don't see that a smart meter is at all necessary for an ASHP but if you have a smart meter you might be able to leverage a time-of-use tariff.Reed1
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