-
I wouldn't mind this if it's implemented fully.
Not Economy 7 or Economy 10 which offer 7 or 10 hours of cheaper electric... but full dynamic pricing that matches the peak use and type of use.
i.e. domestic daytime use should be cheaper than domestic evening, but domestic night time should be even cheaper still. But this pricing should be down to 30 minute increments too, so 11am is cheaper than 12:30pm as domestic lunchtimes will see slightly higher use than domestic mid-morning.
Of course, this is the UK and we'll fuck it up. But it has the potential to be good.
Velocio-
Of course, this is the UK and we'll fuck it up. But it has the potential to be good.
I suspect that there will be unintended consequences (or intended, who knows) that end up massively disadvantaging those that are the least equipped to deal with them.
-
This is what Octopus Agile tarif does, priced in 30 min blocks which are decided the day before. Lots of variables, including negative pricing at (fairly rare) times.
-
There's obviously the concern that granular data could be very useful in the wrong hands. Electricity usage can give a good indicator whether or not the property is occupied.
Also, that suggested tariff seems pretty beneficial for those working from home which, I would guess, are the more affluent workers.
NotThamesWater
JonD
aggi
Energy meters to report usage to suppliers in half hour units by default as opposed to the current opt in position.
https://archive.ph/JQADy