Energy Prices (Strictly NO referrals!)

Grim5 said:
I can understand why zonal pricing will fail, people will complain when one part of the UK has free electricity and the other part of the UK's prices go up 50%
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Well that is just nonsense. no one would see rises of 50% whilst others got free electricity.

That same part of the country that would complain about paying more than others is silent about those same other parts of the country that pay more in SC than them.

Perhaps it would encourage more building of generation infrastructure in these "generation deserts" rather than them being continually rejected via NIMBYism.


Grim5 said:
lol your transmission network needs a lot of work then.
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Who's transmission network are you referring to? Scotland's? Northern England? The South?
 
Transmission network is covering the entire country, the transmission from the generators to the DNOs which is then the distribution network and what our SCs contribute toward.

I see no reason why zonal would have increased anyone bills by50%. I don't see why it would have increased bills at all really.
 
Mercenary Keyboard Warrior said:
It wasn't popular with the energy companies.

If its unpopular with them you don't need to be a rocket scientist to work out that zonal pricing was going to be better for consumers.

I don't get those who couldn't grasp that differing prices was the point.
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Doesnt matter, its what people are led and manipulated to believe.

Without the zonal price stabilisation, arguments against are more effective such as disparity between regions, risk of some regions paying more and so on.

If the stabilisation was in the plan, all of that could have been shot down quickly and effectively. If you get the majority of the public on side, its then harder for a government to favour the companies. We may well have had the same outcome (sadly governments tend to sway to the side of companies) but there would have been more of a chance.
 
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200sols said:
Transmission network is covering the entire country, the transmission from the generators to the DNOs which is then the distribution network and what our SCs contribute toward.

I see no reason why zonal would have increased anyone bills by50%. I don't see why it would have increased bills at all really.
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Price is set by demand and supply, so when pricing is done based on zone, local demand and supply affects the prices. Now local supply and demand would have a small effect if in theory a generator at the top of the UK could deliver its electrons all the way to the bottom of the UK at any time and any day of the year but the article posted on the previous page specifically mentions this is a problem because your grid doesn't have the capacity so local generators have to stop generating when the localised transmission grid reaches its capacity. Because of the capacity constraint, you will have too much generation in certain locations and excess supply = lower prices, unless you have price regulation where prices are artificially set and do not conform to demand and supply
 
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Richie said:
Who's transmission network are you referring to? Scotland's? Northern England? The South?
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According to Wikipedia your transmission network covers everything except Northern Ireland, so that's what I'm referring to. You're confused between distribution and transmission networks
 
Grim5 said:
According to Wikipedia your transmission network covers everything except Northern Ireland, so that's what I'm referring to. You're confused between distribution and transmission networks
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I'm really not. The confusion lay in the statement "your" in your statement "your transmission network" as I didnt realise you are out-with GB. Now it make sense :)
 
Having discovered other apartments have smart meters and now British Gas finally offer the option to install one, I am hoping they manage it when they turn up next week. Would be a big money saver to have the hot water timed to come on during a cheaper part of the tariff.
 
idol greg jackson and co running fast and loose on their capital reserves , buying gas on the daily market and inadequate reserves for any blips in the market.
(like what initiate previous implosion , or like banks) despite gifted government market leader.

my 12mnth fixed oct24v1 will be finishing still no replacement. 23.3e/5.4g
 
as a very low energy user, im thinking of coming off the tracker now and fixing for 12mths...

been offered 25.35 unit rate and 47p standing charge. tracker is averaging 24p for me now and the standing charge is 62p.

My average unit use is 2kwhs a day due to solar, so not much rise in unit price, but a decent saving on the standing charge rate. Going ot make the switch tomorrow
 
Have finally managed to get a smart meter fitted on our other place. Which means I’ve now been able to select an EV tariff and can chuck all of our hot water use, dishwasher and some of our heating into the 12am-5am slot. Not as cheap or as long as our Eon deal, but it keeps things simple and should save a bit. The standing charge is also a fair bit cheaper, so that’s great for a place we don’t use as much.
 
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It’s petrol and diesel that’s the issue for the UK rather than gas but there are foxes with no/minimal exit fees that are well below the price cap currently.
 
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The Angry Welshman said:
as a very low energy user, im thinking of coming off the tracker now and fixing for 12mths...

been offered 25.35 unit rate and 47p standing charge. tracker is averaging 24p for me now and the standing charge is 62p.

My average unit use is 2kwhs a day due to solar, so not much rise in unit price, but a decent saving on the standing charge rate. Going ot make the switch tomorrow
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I might have to have a good look at that as well, the other thing is the tracker is lower in the summer, but your basically using nothing, so you are getting not much, cheaper, then during the winter it's often more expensive when you need to use more.

Last month it more, more of our bill has been standing charges than actual use.

So yes I think your logic is sound and probably do the same thing.
 
Cornwall insights not predicting any big change in energy cost for oct or jan so fixing seems academic - not that credible suppliers like octopus I use have any good deals,
to succeed my current electric 48/23p electrons

for home solar/battery users need to see the amortization cost of that hardware on the purchased unit costs
(completely analogous to the total cost of ownership of an ev - incorporating depreciation, rather than cost of energy/mile),
 
jpaul said:
Cornwall insights not predicting any big change in energy cost for oct or jan so fixing seems academic - not that credible suppliers like octopus I use have any good deals,
to succeed my current electric 48/23p electrons

for home solar/battery users need to see the amortization cost of that hardware on the purchased unit costs
(completely analogous to the total cost of ownership of an ev - incorporating depreciation, rather than cost of energy/mile),
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My effective rate is about 12p per kWh (acutal billed is 6.7p), which includes the amortized costs of the battery/inverter over a 10 year lifespan and my usage of about 5000kWh per year.
 
Gammawolf said:
My effective rate is about 12p per kWh (acutal billed is 6.7p), which includes the amortized costs of the battery/inverter over a 10 year lifespan and my usage of about 5000kWh per year.
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Thanks - interesting, so that would be a £2.6K install in todays money, and would payback in 3 years if you were paying price cap 23p a unit,
(I use about half that, but gas too - so 6 years)
 
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