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Electricity Costs

Electricity Costs

Old Sep 6th 2022, 8:29 am
  #31  
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Default Re: Electricity Costs

Try this for leccy cost without taxes etc. in Gemany 61,8 Cent kostete eine kWh Strom für Neukunden gestern
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Old Sep 6th 2022, 9:45 am
  #32  
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Default Re: Electricity Costs

Sounds like the new UK Pm will announce an energy price freeze until end of 2023 at a cost of £130 Billion !!!!
Either that or lose the next election in 2024 is my thought.
So maybe the £0.80/0.41Kwh will be taken back to a more reasonable £0.35day and £0.18night rate (bi Horaria), still almost double current, but more manageable.
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Old Sep 26th 2022, 9:30 am
  #33  
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Default Re: Electricity Costs

I had solar panels installed back in April and the Bi-directional meter was installed in May. For 3 months now the meter readings are automatically sent to EDP. I could not understand why I was not being billed for my total energy consumption, I am being billed for a calculated consumption which is approx. 40 to 50% less than the total consumption. So after a bit of reading up I found out that my net consumption is calculated every 15 minutes which is why I am being billed for less. e.g. If I am generating 1kW of solar power and say I switch on the electric cooker that consumes 2kW I would then be consuming 1kW of power from the grid. If I switch off the cooker after 7.5 minutes and my consumption drops to zero then I will be injecting 1kW of solar power back into the grid. So after 15 minutes my calculated consumption is (1kW consumed in first 7.5 minutes) - (1kW injected in second 7.5 minutes) = 0kW total consumption. I think that is how it is calculated and a nice bonus. I am still only paying 15 euro cents per kW on the simple tariff from EDP and hopefully they cannot up the price until February 2023 when my contract expires.
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