Energy Suppliers

SDK^ said:
Nope - I fully understand it, having read this Government 'Energy Bills Rebate factsheet' first before posting the table at the end :)

https://assets.publishing.service.g...Energy_Bills_Rebate_updated_factsheet_v2_.pdf

Yes, the £200 is a 'loan' (it's not given loan T&C's, i.e. No Credit score impact) but repayments don't start until next year, when the Government are hoping energy prices reduce.


Yes, hence the Government support for green energy projects.
Question is : are the public serious about going green !! [because it likely means more cost to the consumer]
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I dont think they are serious at all (what have they invested in thats not owned by a private company and directly helps the poor). I am glad finally Labour have finally raised some noise about this farce though.
 
Freefaller said:
Just got an email from Ovo telling me it's time to choose my new fixed rate... but their variable energy is over £100 per month cheaper (which is basically the price cap) why would I choose a fixed rate at nearly £300 per month when I can pay less than £200 per month on a variable rate?
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Because come april, the prices are going to sky rocket
 
Puzzled said:
This is the future we dream of, not having to turn things off at peak times due to a lack of investment in the grid.
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Lack of investment in the Grid?
National Grid invests about £3bn every year into the Gas and Electricity system. Could they do more, probably, but investment is paid for by the consumer (about 3% of a household energy bill) and Ofgem regulates what NG can spend, and how it's spent.
 
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Freefaller said:
Just got an email from Ovo telling me it's time to choose my new fixed rate... but their variable energy is over £100 per month cheaper (which is basically the price cap) why would I choose a fixed rate at nearly £300 per month when I can pay less than £200 per month on a variable rate?
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I'm guessing their current variable monthly payment is based on the current price cap, and not the post April price cap.[Which the fixed rates are including]
 
SPG said:
Do nothing for a year is my approach now, Winter is about over... October the markets may have changed, the fear of Russian kicking off and the Yanks blowing up the pipeline as target number 1 will have subsided and prices may actually come down.... Or they may not of course
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really need more data to see if @Freefaller 's OVO ratio between variable and fixed of ~1:2 is common. ..
I've not looked to see if comparison sites are showing April cap yet ?
 
413x said:
Problem is few (maybe?) people stay in thier homes 13 years.
If I could
A) take my investment with me
B) add cost of solar to my sale price

I'd absolutely do it.
But A is impossible. And B seems unlikely.

So unfortunately absolutely not worth it for myself and most people.
The outlay is not an issue.
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Using the figures given that are misleading then maybe, but the longer you wait to do it the longer you'll pay more for your electricity and they longer you could have been making in-roads into a solar outlay.

The sensible option if spending only ~£5000 would be to have a smaller array fitted with a small battery, using a hybrid inverter of a larger capacity, and leaving extra roof rails up to add more capacity if/when you want it. You can do 6x 455w panels, a 5kW hybrid inverter and 5kW of batteries for ~£3,350, leaving £1,650 for install and setup, and odd and ends, you could even probably find a company who'll get it done at that sort of price if you are persistent.

That setup would give you a huge amount of your daily energy needs for either solar only, or off peak costs using the battery. You state the outlay isn't an issue, but you've clearly not even looked into the real costs and benefits on offer even from a small setup configured for future expansion if you stay where you are longer than anticipated. Oh yeah, there's the bonus of the environment as well, for every 1KW you generate and use that is 1kW less need from a grid that is still highly carbon intensive.
 
Journey said:
Using the figures given that are misleading then maybe, but the longer you wait to do it the longer you'll pay more for your electricity and they longer you could have been making in-roads into a solar outlay.

The sensible option if spending only ~£5000 would be to have a smaller array fitted with a small battery, using a hybrid inverter of a larger capacity, and leaving extra roof rails up to add more capacity if/when you want it. You can do 6x 455w panels, a 5kW hybrid inverter and 5kW of batteries for ~£3,350, leaving £1,650 for install and setup, and odd and ends, you could even probably find a company who'll get it done at that sort of price if you are persistent.

That setup would give you a huge amount of your daily energy needs for either solar only, or off peak costs using the battery. You state the outlay isn't an issue, but you've clearly not even looked into the real costs and benefits on offer even from a small setup configured for future expansion if you stay where you are longer than anticipated. Oh yeah, there's the bonus of the environment as well, for every 1KW you generate and use that is 1kW less need from a grid that is still highly carbon intensive.
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I'm not planning to stay in this house more than 3 years. So absolutely no way would recoup the costs. If it added its value to the price of the house that's completely different. But from what I gather it doesnt.
 
413x said:
I'm not planning to stay in this house more than 3 years. So absolutely no way would recoup the costs. If it added its value to the price of the house that's completely different. But from what I gather it doesnt.
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Yeah, and that was prior to people taking energy bill seriously, and showing how much a system could be worth in savings. I am pretty sure that more people when looking to buy will be examining the energy costs carefully, and no-offense but a few £k on a £200k+ house is a rounding error.
 
Journey said:
Yeah, and that was prior to people taking energy bill seriously, and showing how much a system could be worth in savings. I am pretty sure that more people when looking to buy will be examining the energy costs carefully, and no-offense but a few £k on a £200k+ house is a rounding error.
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If you are staying a decade it makes sense. Under 5 years. Definitely not.
You are likely giving the next owners 5k free and saving yourself a few 100.

Until it becomes clear as to if the price adds or subtracts value no way people selling in the near future should get solar.

To date I've even been put off by houses with solar as install can be old/in a bad state. This may change rapidly in the future. But right now. It's too much of an unknown
 
413x said:
If you are staying a decade it makes sense. Under 5 years. Definitely not.
You are likely giving the next owners 5k free and saving yourself a few 100.

Until it becomes clear as to if the price adds or subtracts value no way people selling in the near future should get solar.
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A few £100, lol you really haven't event tried to work it out have you? That 6x 455w array even 90 degrees off a perfect azimuth could produce well over 2,000kWh, and since you are paying 21.3p per kWh (fixed for 3 years IIRC) that is £1,278. And FWIW you can easily take your inverter and batteries with you, and just leave the cheapest part (the panels on the roof) when you move. But again you haven't looked into it really at all, you have just made assumptions.
 
Isnt portable solar quite possible, it would mitigate grid use.

Some of these companies offering far better charges off peak is quite ideal, used to be only the early hours was cheaper
 
Journey said:
A few £100, lol you really haven't event tried to work it out have you? That 6x 455w array even 90 degrees off a perfect azimuth could produce well over 2,000kWh, and since you are paying 21.3p per kWh (fixed for 3 years IIRC) that is £1,278. And FWIW you can easily take your inverter and batteries with you, and just leave the cheapest part (the panels on the roof) when you move. But again you haven't looked into it really at all, you have just made assumptions.
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Theres a lot of could in there. But if you can move the majority of the cost with you that is different. I've never seen this advertised. Even having a quick Google is not yielding much in terms of results.

I still doubt it's worth it until moving personally as you'd have to pay labour etc twice.

I also doubt you'd get those optimal figures here in Wales. Winters are very grey.

Is something to look at. But I very much doubt its a wise choice at this property
 
413x said:
I've never seen this advertised. Even having a quick Google is not yielding much in terms of results.
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What? They are items screwed on to your wall, or free standing in the garage, etc. You don't need a specialist de-installer, do you also leave your washing machine behind as it is plumbed in.

413x said:
I still doubt it's worth it until moving personally as you'd have to pay labour etc twice.
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Why? I didn't say you have to keep it, you can just sell the parts to re-coup some of the costs you seemed to be bothered about, as you claim that it will add no value to the property.
You ask the new owners if they want the system for (insert cost) if not you'll take it with you, same as you do for anything that can easily be moved. You can then tell them to have a new system installed it will cost just as much or more than you are asking, will save them money buy showing them your stats that you have gathered over the last 3 years.
413x said:
I also doubt you'd get those optimal figures here in Wales. Winters are very grey.
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They weren't optimal that is what I just said, they were sub optimal.
 
^^^ Just for info I'm in Mid Wales with a 3.6kw system on one of my rental properties over the last 8 years it's produced 3300 to 3500kw per year.
 
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