2 ms·

I'm getting a battery soon so I can get paid £1/kWh to dump power at specific times with axle energy https://vpp.axle.energy/landing https://vpp.axle.energy/lan

I'm getting a battery soon so I can get paid £1/kWh to dump power at specific times with axle energy https://vpp.axle.energy/landing https://vpp.axle.energy/landing

barbacoa 2mo ago
Be careful with these kind of long term sell back agreements. In the USA lots of early adopters of solar did so under net metering agreements where excess electricity is sold back at full price. After a number of years it was costing the utility companies too much money. So they updated the terms such that residents with solar buy electricity at retail prices (~$0.25) but sell it back at wholesale (~$0.04).
- fooblaster 2mo ago
  Yes, I think the key thing here to to not guarantee that pricing like they did in California over decades. Yes, the benefit will eventually be reduced. But that is considered success is it not?
  - barbacoa 2mo ago
    >But that is considered success is it not? Not if you took out a $50k loan for an early gen solar system and it now only saves $30 a month.
    - fooblaster 2mo ago
      well, California currently is guaranteeing that benefit to nem 1 people for twenty years. I would much rather penalize those people than make everyone else pay a subsidy to them, as we are currently doing. They should bare the risk of their investment and get paid market rate. My issue today is .. I cannot be paid market rate for giving back to the grid, even in hours when California needs the power.
tialaramex 2mo ago
Don't expect that to last. £1 per kWh = £1000 per MWh. Even when things went crazy as sanctions kicked in and Russia were attempting Blitzkrieg in Ukraine the wholesale prices never hit £1000 per MWh. They say £1/kWh is a Beta price, that makes sense as a way to burn investor money to get people interested. Their real price is TBD. Would you take 25p per kWh with a £5 per month guarantee ? That could be at least in the ballpark of working.
- jonatron 2mo ago
  Well it's just a bonus on top, I'm not counting on it. Storing solar and backup is the primary reason for the battery. On June 24 at 19:00, agile octopus prices were about £0.85/kWh, there isn't a single simple price for electricity.
  - tialaramex 2mo ago
    It's true that there isn't a "single simple price" but the only way you're getting more for your power than a wholesaler can sell it for is that they're paying far more than it's worth. Stability services aren't free, but we're not talking about a 10% premium here, closer to 10x

I'm getting a battery soon so I can get paid £1/kWh to dump power at specific times with axle energy https://vpp.axle.energy/landing https://vpp.axle.energy/landing

barbacoa 2mo ago

Be careful with these kind of long term sell back agreements. In the USA lots of early adopters of solar did so under net metering agreements where excess electricity is sold back at full price. After a number of years it was costing the utility companies too much money. So they updated the terms such that residents with solar buy electricity at retail prices (~$0.25) but sell it back at wholesale (~$0.04).

fooblaster 2mo ago
Yes, I think the key thing here to to not guarantee that pricing like they did in California over decades. Yes, the benefit will eventually be reduced. But that is considered success is it not?
- barbacoa 2mo ago
  >But that is considered success is it not? Not if you took out a $50k loan for an early gen solar system and it now only saves $30 a month.
  - fooblaster 2mo ago
    well, California currently is guaranteeing that benefit to nem 1 people for twenty years. I would much rather penalize those people than make everyone else pay a subsidy to them, as we are currently doing. They should bare the risk of their investment and get paid market rate. My issue today is .. I cannot be paid market rate for giving back to the grid, even in hours when California needs the power.

tialaramex 2mo ago

Don't expect that to last. £1 per kWh = £1000 per MWh. Even when things went crazy as sanctions kicked in and Russia were attempting Blitzkrieg in Ukraine the wholesale prices never hit £1000 per MWh. They say £1/kWh is a Beta price, that makes sense as a way to burn investor money to get people interested. Their real price is TBD. Would you take 25p per kWh with a £5 per month guarantee ? That could be at least in the ballpark of working.

jonatron 2mo ago
Well it's just a bonus on top, I'm not counting on it. Storing solar and backup is the primary reason for the battery. On June 24 at 19:00, agile octopus prices were about £0.85/kWh, there isn't a single simple price for electricity.
- tialaramex 2mo ago
  It's true that there isn't a "single simple price" but the only way you're getting more for your power than a wholesaler can sell it for is that they're paying far more than it's worth. Stability services aren't free, but we're not talking about a 10% premium here, closer to 10x