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Why are UK electricity bills so expensive?

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181–190 of 353 posts

Re: Why are UK electricity bills so expensive?

#181
post #79

Earlier quoted context omitted.

Annually, that sounds about right.

Oh, I thought this was monthly. The article doesn't specify, and all other bills I've seen are monthly. Do Brits pay annually?

Historically quarterly. Some of us still do pay on that schedule.

Re: Why are UK electricity bills so expensive?

#182

Some of these are "costs" which reduce costs elsewhere. Smart meters for example, though rollout has hit snags and they've become targets for weird conspiracy theories, they are basically designed to give better real time info on electricity demand which helps with managing the grid. This in theory should save money elsewhere. Similarly for CfD. Yes the government may on net be paying a subsidy to get wind power buil…

> the government may on net be paying a subsidy to get wind power built but what was the next best option? If that costs more than the CfD then that's a win.

Direct investment with ownership - that would make money for the tax payer but would be "socialism".

Re: Why are UK electricity bills so expensive?

#183
post #40

Earlier quoted context omitted.

you have to admit english people have a weird tick when it comes to poverty. you worship poor people. and yes, you guys willingly live like you are poor when you guys are definitely not poor

Not for long I suspect. There has been a rather marked exodus of millionaires from Britain since July as a result of a range of fiscal changes promised by the government. Some significant businesses have decided to relocate. Unrelated to this: now it's been found that a majority of Brits receive more in benefits than they contribute in taxes. Not a good outlook. Meanwhile it's estimated that the richest 1% of earners…

> now it's been found that a majority of Brits receive more in benefits than they contribute in taxes

This has been the case for decades. It's not news.

Re: Why are UK electricity bills so expensive?

#185
post #21

> The UK has achieved the fastest rate of grid decarbonisation among advanced economies. A lot of this progress occurred when renewables were still expensive, so we are stuck with a cost hangover. Luckily, renewables are getting much cheaper, so the tradeoffs in future policy are very different. A silver lining at least. I’m old, so won’t see the benefits of this I’m sure, but it’s still nice to know we’ve made some…

> the benefits

The UK has 30GW of wind capacity. Two weeks ago wind was generating 1.8GW (5% of demand at the time). The benefits of a power source are only somewhat theoretical when you can't rely on it being there when you need it.

Re: Why are UK electricity bills so expensive?

#186
post #127

Earlier quoted context omitted.

It eliminates the need for staff to manually read them and guarantees they are read correctly every month.

That is the sales pitch, the error rate on the overcharging side is infinitely larger than that of mechanical meters. Not a fun lottery to win.

What makes smart meters more likely to read high?

Re: Why are UK electricity bills so expensive?

#187
post #54

The same author wrote the blog post that was on the front page here recently about the plummeting cost of solar [0]. I really like his posts, readable by someone like me who is way below layman on the subject, but I think also pretty interesting to someone with experience in the field. [0] https://climate.benjames.io/solar-off-grid/

Yeah, but that is pretty much an irrelevance here in the UK.

We don't even get that much sun in summer, today sunrise was at 0842, sunset at 1540 - so not even 7 hrs of daylight. Even then it was a very dull day.

So in the period (winter) when we most need power, local solar is essentially useless.

Local wind may be better, but the economics for it don't really work - requiring 100% gas turbine backup, and high costs due to intermittent use of said turbines .

Re: Why are UK electricity bills so expensive?

#188

Some of these are "costs" which reduce costs elsewhere. Smart meters for example, though rollout has hit snags and they've become targets for weird conspiracy theories, they are basically designed to give better real time info on electricity demand which helps with managing the grid. This in theory should save money elsewhere. Similarly for CfD. Yes the government may on net be paying a subsidy to get wind power buil…

Maybe, but the long term planning has been atrocious, millions of smart meters already need replacing because of the 3g switch off. It's massively wasteful if they are all going to need replacing again in 10 years when 4g is switched off. Not to mention the concerns about electricity companies remotely forcing meters into prepayment mode or switching off people's electricity supply.

Planing has been bad, but those smart meters can use 2G/EDGE. The meters using mobile networks use O2, which should keep 2G online until the 2030s.

3G is being discontinued first because it uses more power and is inefficient for data. 2G on the other hand uses less power, allows phones without VoLTE support to make calls, and IoT devices to use (slow) data. Over the next year or so we should see networks restricting data over 2G/EDGE for regular devices (calls only), keeping the data side just for IoT.

Re: Why are UK electricity bills so expensive?

#190

An important reason that power is expensive in the UK is that it doesn't use zonal pricing and is effectively not giving the right price signals to consumers of power to move closer to where the cheap power is (e.g. data centers) or to conserve power when power is expensive; or producers of power to invest in power generation closer to where the power is scarce and expensive. Another point to make is that the nationa…

> Greg Jackson from Octopus (who are the largest energy operator in the UK) has been calling for this for some time. I don't live there but his name comes up a lot in several of the clean energy podcasts I follow. Smart person that has a lot of sensible things to say on this topic. I've got a lot of time for Octopus, which is an odd thing to say about a utility company. It's amazing how much of a difference it can ma…

I must be the only person in the UK that has had an abysmal experience with Octopus, where they gave me a quote in writing, I attempted to sign up for it, couldn't due to "technical difficulties" on their end but got another email promising that the quote will be honoured once the difficulties are resolved....and of course once they finally fixed their system a month later they refused to honour it. I kept forwarding copies of emails they sent higher and higher up and finally was assigned a "senior customer agent" who basically said their decision is final and I can take them to an ombudsman if I want to. Then they couldn't bill me correctly for 6 months straight because no one knew why my smart meter wasn't sending them data, and then another time they literally provided incorrect information about my IHD when I asked why is the price for my tariff wrong. They are an absolutely useless company and I'd switch in a heartbeat if there was anyone else with a similar offering for charging EVs, no one else gets even close.
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