3 ms·
It'd be interesting to know the "true" price of that energy. That is, what the utility would pay you for what you feed back into the grid vs. acquiring that ene
by twoodfin 5y ago
It'd be interesting to know the "true" price of that energy. That is, what the utility would pay you for what you feed back into the grid vs. acquiring that energy from another source. Essentially impossible to calculate given all the regulations and subsidies, but my guess is that it would be quite low relative to your metered rate, and thus the actual "offset" of carbon-based fuels is small.
- londons_explore 5y agoIn the UK, one company gives different buy and sell prices every half hour based on live market rates. [1] You can see that the 'buy back' rate is only about half of the sell rate most of the time. This is still pretty distorted, because many taxes and distribution fees charged on electricity sold are not refunded on electricity bought back. [1]: https://www.energy-stats.uk/octopus-agile-outgoing-export-london/#:~:text=last%207%20days)-,Agile%20Outgoing%20versus,-Agile%20Import%20(last https://www.energy-stats.uk/octopus-agile-outgoing-export-lo...