I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.
-
@statsguy Get a battery bank and store your own energy and then use it at night so you have to use less of their energy.
@T2R Already have one. But the export tariff still comes in handy on sunny days when the battery is full and the sun is still shining
-
@statsguy Can you reluctantly refuse to lower your price on energy to them?
@valen1 Sadly not.
-
@statsguy you can switch to Outgoing Agile and pay the market rate for your exports. The problem is that most people are exporting solar energy when it's sunny and power prices are low.
If you've got a battery and can export then Agile is probably better.
@russss I do have a battery, so I may well look into that. Trouble is that for much of the day the export price is lower with agile, the rates are only good in the late afternoon/early evening. I'll need to do some playing with spreadsheets to try to figure out if I'd be any better off that way.
-
@statsguy I more meant are you going to query the unfairness that the price you pay for electricity hasn't dropped in proportion. If electricity is worth less, you should pay less.
I think it is mainly that they change the price for exports less often than the price for imports. When the 15p/kWh for export was set, the price for import was quite a bit more expensive than today. So you could argue they benefitted us by not dropping it earlier. In the end obviously it's just a market, they take the price they can get. I doubt I really get much better from others.
-
I've had an email from Octopus Energy telling me that because of dramatic falls in wholesale electricity prices, they sadly have no choice but to reluctantly reduce the price they are paying me for the electricity I export from my solar panels.
Weirdly, they seem very much to have the choice not to reduce the price of the electricity that they sell to me.
Isn't it funny how that works?
@statsguy Is there a group representing all the people who sell electricity to Octopus, so you can do group bargaining? Or can Octopus just unilaterally change the prices?
-
@russss I do have a battery, so I may well look into that. Trouble is that for much of the day the export price is lower with agile, the rates are only good in the late afternoon/early evening. I'll need to do some playing with spreadsheets to try to figure out if I'd be any better off that way.
@statsguy problem is the rates are low during the day, especially during the summer, because everyone has solar on their roof and it's driving the price down!
-
@T2R Already have one. But the export tariff still comes in handy on sunny days when the battery is full and the sun is still shining
@statsguy Maybe add a second battery bank then? But probably diminishing returns.
-
T t3z@rollenspiel.social shared this topic
