Bam Bam
Prominent Member
- Joined
- Feb 6, 2024
- Messages
- 1,694
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- Location (town/city + country)
- Oxfordshire, UK
- Driving
- MG4 (2022-2025)
We've got 9.5kwh of battery storage with our Givenergy system.
That has been fine until we've got our heat pump installed.
On cold winter days the battery seems to run out before getting round to the next cheap period.
I've obtained a quote from our installer as follows...
Extra battery
5.2kwh = £1904.17
9.5kwh = £2648.17
Pebbles is not convinced that it is worth getting more.
I think the pay off period will be about 10 years but that of course depends on tariffs and energy costs during that time.
Further advantages...
Octopus have today reduced their export payment rates (15p to 12p) and they will probably drop further.
However, the export rates will remain high in the evening peak.
Does this mean that...
1. Batteries will be more valuable as you can sell during the evening demand peak (for more) rather than the daytime
2. Batteries will be less valuable because you can't get as much arbitrage from filling up overnight and selling during the day.
Any thoughts?
That has been fine until we've got our heat pump installed.
On cold winter days the battery seems to run out before getting round to the next cheap period.
I've obtained a quote from our installer as follows...
Extra battery
5.2kwh = £1904.17
9.5kwh = £2648.17
Pebbles is not convinced that it is worth getting more.
I think the pay off period will be about 10 years but that of course depends on tariffs and energy costs during that time.
Further advantages...
- Longevity: Additional battery would reduce the pressure on our existing battery and thus extend its life. It is currently doing around 1.5 cycles per day
- Backup capability: Extra battery would also make it more useful as a backup system since I'd keep more of a buffer in there.
- Environmental: Extra battery is helping the energy transition by shifting energy from low to high carbon times.
Octopus have today reduced their export payment rates (15p to 12p) and they will probably drop further.
However, the export rates will remain high in the evening peak.
Does this mean that...
1. Batteries will be more valuable as you can sell during the evening demand peak (for more) rather than the daytime
2. Batteries will be less valuable because you can't get as much arbitrage from filling up overnight and selling during the day.
Any thoughts?