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Greg Greg
Richard J Murphy
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Comments by "Greg Greg" (@SlowhandGreg) on "Energy price rises are due to regulation that favours companies, not people" video.
You pay the national grid price set by the regulator. I have a solar battery system due to the abundance of renewable s with just batteries you should be able to save the capital cost in under 5 years. Wind is always on and it costs to turn the turbines off so in England we can get as cheap a rate as 7p down from 24p for overnight use. A 10kwh system should cost around 3k my annual energy bill used to be 2.5k
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@marumaru6084 It goes up because of the price of GAS if we had a net zero grid then you wouldn't get the price changes due to enough mass storage on the system to use and store all the always on power
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To change that you put mass storage on strategic grid nodes. One such site was recently rejected by the council near me because it was deemed not necessary infrastructure and on green belt after 6 years in planning. The mass storage units are delivered in containers pre loaded you just hook them up and voila, insane really Each node would repay it's capital cost in under a year and stop us from using standby gas plant
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@waltermcphee3787 you sign up to certain Octopus tariffs which guarantee price Or you can have an active tariff Cheapest is if you have an EV or batteries
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@billB101 Batteries They come preloaded with software in containers you just plug and go. And don't say but cost because you have no idea of the insane marginal cost of gas on a cold day in winter running a full sized GAS power plant in spin just for a few minutes or hours during peak load between 4-7pm. It drives the wholesale price through the roof
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@billB101 To power my home for a day it cost me £3,000 for battery storage. 3 years ago that would have been £7,000 I don't think you realise how much the costs have come down. Battery prices have halved in the last 18 months and there expected to half again in the next 2 years as well as competing technologies coming on stream such as liquid air batteries and liquid metal batteries.
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I would just like to say that Battery storage as part of a SOLAR install are now ZERO rated for VAT I have a few months ago availed myself of this tax break Originally when I sized and costed this system 3 years ago the capital payback was 15 years The actual savings for me are £1,300+ a year, we have an electric oven as well as induction hob, then the laundry, I also had a diverter fitted so that when we have excess solar which is every morning it heats a tank of water saving on GAS.. The system because of the drop in battery prices and zero rating + the ability to time shift usage and also get very low rates overnight will pay back in under 6 years. I also costed savings with an EV For me a second hand 2022 would cost around 14-16k and I would save 2k a year on petrol If you have savings like I had it is a good investment with phenomenal payback and your also helping to stabalise the grid and long term prices due to time shifting usage from the peak load period of 4-7pm
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@waltermcphee3787 Our peak load is supplied by ON Standby GAS. All prices are connected to the last mile price
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@davzer3773 Why do you keep changing the goalposts and we don't need batteries for a month just between 4-7pm Also they don't have to be lithium, there's a liquid air battery over in Manchester a sand Battery in Finland and also liquid metal ones in the states. + Pumped hydro is a glorified battery as well
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@billB101 On who's say so? I have domestic storage for my solar of around 1 day of usage. You need more people like me with domestic batteries then battery storage at strategic grid nodes. Wind and nuclear are always on and you have plenty of spare off peak energy. Put a mass storage solution onto the grid costing 30 billion save 30 billion's 1st year of operation
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@billB101 Not so you need to understand the way the grid works. The usage is described as a Duck Curve The peak of that Curve is 4-7pm. Our grid is sized to meet peak demand, what you need to do is time shift peak demand. You do that by a number of methods The government has zero rated batteries as part of a solar install. My Provider offer a discount if I use off peak so I no longer use the grid between 4-7pm. As well as offering people cheaper energy if they use their smart appliances overnight. basically you flatten and fatten the duck curve.
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