Quote:
Originally Posted by Carth
Wait . . so you're telling me that my Gas and Electric bills are not raised and lowered due to the 'global' prices, but instead it's if the wind blows or the sun shines?
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This can feed into the price. Wholesale prices are cheaper when it's windy or sunny, I use Octopus Agile, which links to the wholesale price by the half-hour (priced a day ahead), and you can see it drop to single pennies on sunny/windy days or as high as 50p when it isn't.
But the price always goes up between 4pm-7pm as there isn't enough renewable energy to sustain the demand.
So your tariff will be informed by renewables but still will vary more because of the global prices.