UK Energy Prices

[Jaymoss]

Originally Posted by Chris

No, just a random neighbour dude with an app and geek levels of data in a spreadsheet. It was impressive, and I thought I knew how to geek out over home systems after I got a wood pellet boiler in my last house.

Home Assistant it will likely be, It was way over my head till mroe recently but now you can but it in little boxes all configured. They have also added AI into the mix so you get AI to set up everything. The guy I mentioned runs a smart home youtube channel and he might have lived over from you haha

[damien c]

Investing the money might yield more than buying a battery system and running it, but what you can do is buy the system and save money each month from your electric bill, then invest that money if you wanted.

I have worked out that it's costing us around £6 per day for my server rack, depending on load.

If I can remove that from the electric bill by spending £1000 roughly, it would take around 13 months to pay that back, but the thing is, that would also drop because if I can output up to 800w from the battery into the mains in the house, we could end up with almost a £0 an hour bill unless the load on the house goes above that 800w.

Let's say that saves me the roughly £180 a month, we could invest 50% of that each month and then see what happens but for now, it's just hypothetical because I currently don't have the cash for it as it is, I am getting closer but not there yet.

[Itshim]

Originally Posted by damien c

Investing the money might yield more than buying a battery system and running it, but what you can do is buy the system and save money each month from your electric bill, then invest that money if you wanted.

I have worked out that it's costing us around £6 per day for my server rack, depending on load.

If I can remove that from the electric bill by spending £1000 roughly, it would take around 13 months to pay that back, but the thing is, that would also drop because if I can output up to 800w from the battery into the mains in the house, we could end up with almost a £0 an hour bill unless the load on the house goes above that 800w.

Let's say that saves me the roughly £180 a month, we could invest 50% of that each month and then see what happens but for now, it's just hypothetical because I currently don't have the cash for it as it is, I am getting closer but not there yet.

Never even tried to work out what it costs me. My wife was somewhat of a prepper ,hy still using toilet rolls that we stopped buying wholesale in the 2010 s

[GrimUpNorth]

Originally Posted by damien c

Investing the money might yield more than buying a battery system and running it, but what you can do is buy the system and save money each month from your electric bill, then invest that money if you wanted.

I have worked out that it's costing us around £6 per day for my server rack, depending on load.

If I can remove that from the electric bill by spending £1000 roughly, it would take around 13 months to pay that back, but the thing is, that would also drop because if I can output up to 800w from the battery into the mains in the house, we could end up with almost a £0 an hour bill unless the load on the house goes above that 800w.

Let's say that saves me the roughly £180 a month, we could invest 50% of that each month and then see what happens but for now, it's just hypothetical because I currently don't have the cash for it as it is, I am getting closer but not there yet.

Solar and batteries are the way to go. Our system has been in about 13 months now and our direct debit has dropped from £211 this time last year to £122. We've just had a refund from EDF of £1322.46. I think realistically the monthly cost will settle at about about £95. So we're saving about £115 on the gas and electricity bills AND as we've gone electric on the car so we're also saving £300 to £350 a month on petrol. Assuming a saving of just £400/month the system would pay for itself in less than 2.5 years.

[Itshim]

Originally Posted by GrimUpNorth

Solar and batteries are the way to go. Our system has been in about 13 months now and our direct debit has dropped from £211 this time last year to £122. We've just had a refund from EDF of £1322.46. I think realistically the monthly cost will settle at about about £95. So we're saving about £115 on the gas and electricity bills AND as we've gone electric on the car so we're also saving £300 to £350 a month on petrol. Assuming a saving of just £400/month the system would pay for itself in less than 2.5 years.

My issue with a car is it's cost, as I don't need to change them , looking to save £30 to £40,000 in fuel is a bit of a stretch

[Carth]

Originally Posted by Itshim

My issue with a car is it's cost, as I don't need to change them , looking to save £30 to £40,000 in fuel is a bit of a stretch

and at our age we aint getting credit

£300 to £350 a month on petrol ?
Thats a lot of driving, or you have very expensive petrol.

[GrimUpNorth]

Originally Posted by Paul

£300 to £350 a month on petrol ?
Thats a lot of driving, or you have very expensive petrol.

It would probably be more now! I went electric 18 months ago and before that I had an Audi A4 45 TFSI with a 2 litre 250 HP petrol engine. I was filling up at Costco usually about every 6 days. The money we've saved on petrol covers the payments on the electric car.

It used to be about £65ish every tank and I'd get maybe 300 miles or so. The Volvo we swapped to uses about 30KwH per 100 miles so 300 miles would be 90KwH. At our current night rate of 4.74p that's about £4.25. A no brainer - added to that work still pay me 55p a mile so even better.

The down side is our regular trips to Wales mean a stop enroute but we tie it in with toilet breaks etc and it's OK. I'll never go back to petrol and when we go out in Mrs G's MX5 to give it a run it hurts!!

I'm also aware we're so lucky we can afford the solar, batteries and electric car and really do feel for people who are struggling. I do union work all day so meet many many people who are struggling through no fault of their own, but that's a rant for another thread/day.

[Itshim]

Originally Posted by Paul

£300 to £350 a month on petrol ?
Thats a lot of driving, or you have very expensive petrol.

You missed my point ,would never cover what I spend on fuel in my lifetime or that of the cars