Why pay 10p of gas when I get free hot water from solar? Or have I missed something?
Because that is a kWh of electricity you could have exported at 24p or 36p in peak.
You are “giving up” 14-26p by using that electricity instead of the gas, because it’s now a kWh you won’t be exporting.
Put another way that kWh of electricity is worth 24-36p to you. It isn’t free as such, the opportunity cost of using it is whatever it is worth to sell. So using it is preventing you earning 24-36p on it in order that you “save” 10p on a unit of gas… so you are actually worse off by 14-26p by trying to avoid the gas.
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