RodTungsten
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I understand that there are power-knowledgeable people on here (not HP but Watts) so I wonder if my feed in tariff rate will increase now that the value of my kWh to the grid has increased upwards of 200%?
I don't, sorry. I was with Avro till they went pop. Now on the capped rate, but like you my PVs have only gone up 5% and barely scrape a 'profit' (in V out). I have heard that energy prices will go down in 2023 but that was before a closet homosexual in the Kremlin kicked off.We have that with Octopus kWh at 5p overnight so we charge, heat water and the floors but that cost could quadruple or more in May. If you know of better options pray tell.
We have that with Octopus kWh at 5p overnight so we charge, heat water and the floors but that cost could quadruple or more in May. If you know of better options pray tell.
5p is a good rate. The 'standard' rate is 3.8p.
I'm waiting for a quote to oversize PV on my roof with battery storage so I can effectively not have to buy electricity from the grid and store the excess during the day to use at night. With energy prices rising the ROI should be more palatable than previously. But the cost of battery storage is likely to be the sticking point.
So how expensive does energy need to get before this is worthwhile? eg ROI in < 5yearsBack of a f4g packet sums:
About £11k for a tesla powerwall, but there's no incentive so add another £10k for your PVs for a 4kW systemn. Cream off 5p/kWh fot FiT and you'll probably generate 3500kWh per year so that's £175 a year back. If you're completely self sufficient, 3,500kWh @ 30p/kWh is £1050 a year. You'll also pay 30p a day standing charge which is £110 a year.
So pay off in twenty years....J and S might get the benefit of it by then.
£1.20 off the top of my head based on figures above...So how expensive does energy need to get before this is worthwhile? eg ROI in < 5years
Eb
Back of a f4g packet sums:
About £11k for a tesla powerwall, but there's no incentive so add another £10k for your PVs for a 4kW systemn. Cream off 5p/kWh fot FiT and you'll probably generate 3500kWh per year so that's £175 a year back. If you're completely self sufficient, 3,500kWh @ 30p/kWh is £1050 a year. You'll also pay 30p a day standing charge which is £110 a year.
So pay off in twenty years....J and S might get the benefit of it by then.
£1.20 per what, and what is it now?£1.20 off the top of my head based on figures above...
kWh...the Unit of electricity supplied to your home. Nowadays it's around 30p/kWh after shooting up from 15p-20p kWh£1.20 per what, and what is it now?
Eb