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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 w
by tialaramex 3mo 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 3mo agoWell 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 3mo agoIt'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