Wow I must be psychic, just 3 days ago I was hoping for a Go price drop.It would be a marginal gain as day rate is higher. I'm going to wait a bit, don't know how long, to see if there are any movements in the Go rate in the coming months.
The biggest gain of course would be to OVO, but I don't have an Ohme.
I have an MG4 Trophy.
Genuine question as potentially going down the same route, roughly what did your system cost you and what do you think your payback period will be?
They managed when there were sixteen thousand suppliers each with a million tariffs before most of them folded.
"below are the top deals aimed at electric vehicle owners we found as of 30 March 2023."
That was when there were pretty much only standard tariffs. Then along came Octopus with its variants on Time of Use tariffs and recently every energy provider is following suit with it's own flavour. Octopus alone currently have at least four major ToU variants I can think of - Go, Agile, Flux and Intelligent, not forgetting tracker and of course all their standard tariffs.
imho not beyond the wit of man with smart meters to accord a separate MPAN to say the midnight to 7am period. It's unfair in this day and age that cheaper night electricity usually involves very penal day kWh costs -- which wealthier folk with £5-10k to invest in batteries can work around. Doing so myself - but it's more devil takes the hindmost stuff that is a bit repellent in my eyes.
Maybe the government could/should issue all on under the 20% Tax freshold with shares in a solar/wind farm. Better long term then paying fuel subsidies.I think it's done with registers in the meter rather than a separate MPAN, whatever...
I guess it is reasonable that night time power costs less as there is considerably less demand for it. Which is why these demand-shifting tariffs have come about. I'm not so sure that the daytime rates should be called penal - they are just more expensive than night-time. It's only like holidaying in the school holidays v. term time - supply and demand!!
So people with the wherewithal to buy batteries can avoid the absolute peaks of power, but it does come at some cost. A sensibly sized battery array is now upwards of £7.5k isn't it? Which would have a few years payback time even with the expense of power these days. And if electricity prices fall considerably, or tariff structures change (to remove gas from being the determinant for electricity costs) who knows whether they will still be economically sound. If someone has taken that gamble, good luck to them. A bit like buying and EV - expensive to buy, cheap to run at the moment, but we don't know what the future might hold.
I did get somewhat flamed on another forum for suggesting that people with batteries and large solar arrays were gaming the system but that wasn't solely by shifting use, or storing cheap power for own use. At one stage it was economically sound to fill your batteries overnight then sell it back to the company the next day ( - it may still be true). I suppose if the company is still able to turn a profit then everyone is happy. But I did smile when people denied it was about gaming the system, r, instead using the justification that they are only interested in their carbon footprint etc etc. yeah sure they were... there was a even league table for who had benefited most!
I do feel very sorry for poorer people who get stiffed by companies and I wish there was something could be done to prevent it - but I don't know what.
I don't think you can call a day unit rate in the 40's of pence compared to a standard rate in the 30's of pence anything other than "penal" especially if the standing charge is higher too. Back in the day, you only needed to use 10% or less of your power at night to benefit from night tariffs. The supply industry and network owners have moved the goalposts massively to the detriment of the consumer since privatisation.I think it's done with registers in the meter rather than a separate MPAN, whatever...
I guess it is reasonable that night time power costs less as there is considerably less demand for it. Which is why these demand-shifting tariffs have come about. I'm not so sure that the daytime rates should be called penal - they are just more expensive than night-time. It's only like holidaying in the school holidays v. term time - supply and demand!!
So people with the wherewithal to buy batteries can avoid the absolute peaks of power, but it does come at some cost. A sensibly sized battery array is now upwards of £7.5k isn't it? Which would have a few years payback time even with the expense of power these days. And if electricity prices fall considerably, or tariff structures change (to remove gas from being the determinant for electricity costs) who knows whether they will still be economically sound. If someone has taken that gamble, good luck to them. A bit like buying and EV - expensive to buy, cheap to run at the moment, but we don't know what the future might hold.
I did get somewhat flamed on another forum for suggesting that people with batteries and large solar arrays were gaming the system but that wasn't solely by shifting use, or storing cheap power for own use. At one stage it was economically sound to fill your batteries overnight then sell it back to the company the next day ( - it may still be true). I suppose if the company is still able to turn a profit then everyone is happy. But I did smile when people denied it was about gaming the system, r, instead using the justification that they are only interested in their carbon footprint etc etc. yeah sure they were... there was a even league table for who had benefited most!
I do feel very sorry for poorer people who get stiffed by companies and I wish there was something could be done to prevent it - but I don't know what.
