Associate
- Joined
- 19 Oct 2010
- Posts
- 2,081
gas?
No gas where I live.
gas?
And only made possible because your particular situation allows 95% of your electricity consumption to take place between 00:30 and 04:30.
Exactly this.If you think about when you use electricity, running an electric oven, telly on, laundry on, all when you get in from work before bed. That creates a lot of demand. You need to build enough power generation to supply that peak power. The rest of the time, the generators just work less which is “wasted” capacity. If you off set the peak, you need to build less generators, but run them for longer.
there’s a lot more to it, but that’s the general gist.
the cheap tariffs aim to encourage that offset.
Suppliers still make a profit on cheap over night energy tariffs.Quite frankly, I don't see the energy companies ever wanting to do anything that has you paying them less, that just seems like bad business.
It leaves me suspicious of these meters.
Someone make their mind up. Is it saving us money or not?
depends on your contract, economy 7 is a system thats radio controlled and switches between peak and off peak depending on a radio signal. That system is getting turned off next year in favour of smart metersHasn't it always been the case that the leccy is cheaper at night? I'm not versed in the technical terms of the meter but doesn't that disc spin slower at night?
tbh smart meters are probably far more reliable than the old economy 7 system which always had major issues with incorrect readings and the meters getting noted down the wrong way round (not to mention potential failures in the switch over).depends on your contract, economy 7 is a system thats radio controlled and switches between peak and off peak depending on a radio signal. That system is getting turned off next year in favour of smart meters
You're uneducated in this field Lee, step away from it to save yourself from further embarrassment.
You're welcome.
The Octopus Go 5p rate ended for new customers earlier this year, but some people will have fixed deals on 5p for a while yet.Your talking arse about paying 5p/kwh per unit,.
I am also on the 5p Octopus Go Tariff. Will rise to the current rate of 7.5p when the fixing ends (IIRC for me this is Oct 22 - although I would need to double check my account).
Anyone who was locked in before the new rise would also be on the 5p rate.
I am also on the 5p Octopus Go Tariff. Will rise to the current rate of 7.5p when the fixing ends (IIRC for me this is Oct 22 - although I would need to double check my account).
Anyone who was locked in before the new rise would also be on the 5p rate.
I'm locked till Nov this year. I might jump to EDF if they still offer the 4.5p rate.
He has both, same here.How are you using so little in the day? Do you have solar or battery storage?
The Octopus Go 5p rate ended for new customers earlier this year, but some people will have fixed deals on 5p for a while yet.
How are you using so little in the day? Do you have solar or battery storage?
He has both, same here.
How are you using so little in the day? Do you have solar or battery storage?