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Electricity Costs

Electricity Costs

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Old Sep 6th 2022, 7:29 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, 8:45 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, 8:30 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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Old May 27th 2023, 6:06 pm
  #34  
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Default Re: Electricity Costs

Originally Posted by fernando.palma.marques
Very expensive in Portugal
Disagree entire, cost at my Portugal property currently 15.1ec per kWh, cost at my UK property currently 34.4p per kWh, both ex vat. UK adds less vat but still double Portuguese cost.
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