WTH?
This is total madness, FIFTH price hike from Electric Ireland since the beginning of 2021. EI’s parent group - ESB - recorded €680m profit in 2021.
I genuinely do not know how any of us apart from the super-rich will survive this winter.
What is the government doing apart from sitting on their hands?
They will just cut off your supply eventually.
How will that help anyone?
I've seen that 28% estimate from a few years ago, well it was at least 28%.
Yet the majority of websites say that the saving is much more than that e.g. 5 kWh per load for a C rated vented dryer vs 2 kWh per load for an A++ rated heat pump dryer. If someone was drying several loads per week the heat pump dryer would pay for itself within a short number of years. Even if replacing a working existing dryer with a new one. If the old dryer needed replacement anyway then spending 400 on a heat pump one vs 200 on a vented one would be a no brainer.
£1 per kWh!
We won't allow a nuclear power plant to be built yet have no problem taking nuclear generated electricity from the UK and France. In addition they won't allow a LNG terminal to be built for fear of fracked gas being shipped through it yet Centrica (Bord Gais owners) have signed a deal to purchase fracked gas coming through the UK gas network which will then be pumped on to us ...
https://www.centrica.com/media-centre/news/2022/centrica-signs-lng-heads-of-agreement-with-delfin/
CEO of Airtricity who also recently wheeled out a price increase cart is on a whopping £5 million a year. These pricks are only pure laughing at us from the comfort of their superyachts
This time what's good for the goose will have to be good for the gander. The taxpayer can't be expected to bail out private companies after they've rode us bareback with profiteering. The same should have been done to the banks in 08/09. Profit is never socialised but debt always seems to be....
Putin bot.
I think a 400 watt panel is about 2 x 1 metre in which case you'd need 80 square metres for 16 kWp. There is someone on the renewables forum who has a system approx that size. You might need 3 phase or more than one inverter if on single phase.
The point is that large solar arrays are feasible in Ireland, Lots of big houses, bungalows with large roof area, space for ground arrays etc. Yet we've been stuck with a miserable 12 sq metres planning exempt limit for years. Now it is finally changing - in the middle of an energy and cost of living crisis. People are in panic mode, solar installers are swamped, plenty of cowboys about, higher building costs etc.
Liam are you sure you can sell surplus power to the grid?
You don’t need to meet anywhere. If enough customers just cancel their direct debits and refuse to pay the companies will have a change of mind. People need to face them down.
Honestly none at the moment. Why she'll out on battery when I can sell surplus to grid? I have enough hardware that requires maintenance. My car will essentially be my battery. Batteries will get much cheaper in few years. Id rather put the money in panels right now
How much battery storage are you planning?
Has anyone on here actually gone for planning for a 15kw system. Guessing you're looking at 30 Square metres. My roof would take it but it might look a bit odd. Have never seen a system that big on a house. I have geothermal and an electric car so I'd need that kind of size to be completely self sufficient
Thats not a change in public opinion, its a completely unscientific reader poll on journal.ie.
Come back to me with properly undertaken polling numbers and we'll talk.
It has several great advantages over other energy sources. Especially for remote living. One bottle lasts me 3 months and i have no electric kettle so that is all water heating as well as cooking..fine for me and cost-effective. No way would i ever again be all-electric. And the turf stove is not lit in summer..
It will be interesting to view each of these companies revenue reports next year, none of them should be showing any percentage of profit out of expected or forecasted, and if they are, then they have lied to their customers about how much burden they actually absorbed themselves.
But surely a protest at the gates of the Dail by the usual rentamob aided and abetted by a handful of self-important me-toos will force the gubberment to pull up its socks and slash the global price of gas?
Ireland produces its own gas from the coast of Mayo, the government is also the main shareholder of the ESB.
Nationalise the Gas and reduce the cost of electricity otherwise the system, is going to fold when businesses ant afford to operate and we see huge unemployment.
Larbre34 is 100% correct. There is literally nothing that the electricity companies can do about the wholesale price of gas, which in turn is used to price electricity. The price increases have only begun and the only way is up. If they can't make a profit, they will become insolvent and entire system will fold.
Government can perhaps force them to drastically reduce their standing charges and the EU are looking to decouple the gas price from the electrical pricing market.
Prices have fallen, yes but they are still WAYYYY up on the norm
Some historical numbers for context, prices in EUR/MWh
1-Sep-2020 - 11.75
1-Sep-2021 - 50.23
1-Sep-2022 - 243.00
Granted they dropped from recent highs
Which is welcome, but if last year is anything to go, i.e. pre-war, we are going to see some bonkers spikes once the cold snaps hit
So yeah, unfortunately, its going to get a lot, LOT worse before it gets any better and as long as we keep fossil fuels in our mix, we are at the mercy of global commodity markets so while the prices may drop again at some stage they may spike at the next [INSERT EVENT HERE]
lol
There is a protest this month. I won't be going as some of the 'promoters' include the retired ESB workers association or some such bunch. Same fkrs happy enough to be overpaid in a monopoly for decades but **** it now their pensions are being squeezed by their alma mater.
Whilst I don't want to turn this into a Urkane thread, without western backing of arms and money, Ukraine had no way of standing up to Russia, thus the way would be long over and the loss of life would be greatly reduced.
Imagine the Falklands war, had Argentina been backed by other South American countries we would have seen more loss of life and prolonged war.
And we'd have no electricity at all when there wasn't any wind!
Incidentally, in the past 12 years, my unit rate has been reduced on at least three occasions by the various electricity suppliers that I was using. (And I'm not referring to the discounts I got when switching supplier.)
One of the biggest issues I see is the "x% of our normal rate" nonsense .. why are they allowed tie customers into contracts without guaranteeing a fixed price? the discount means nothing if the rate is completely moveable ?! If people could move whenever they liked they would be forced to be more competitive. Unless a rate is fixed the max contract should be 1 month. Who regulates this $hite ?
If all our Electricity was generated by wind the Power companies would still increase electricity prices because of the way electricity market pricing is arrived at in Europe .
Public opinion on nuclear has shifted.
https://www.thejournal.ie/poll-nuclear-power-ireland-2-1858320-Dec2014/
I don't argue that they've a case to answer in that regard, but so much our infrastructure was in the dark ages for decades, first the telecoms were a priority, then the Motorways were a priority, then the Water network was a priority, then broadband was a priority.
The ESB did a pretty decent job of energy security when it was all under their ambit, but now we have a separate generator and a separate supplier and a separate regulator and there are too many stools for things to fall between.
I'm not sure the majority of Irish people would accept a nuclear station, but definitely taking the Peat and Coal stations offline before renewable alternatives were up and running was beyond foolish.
The sanctions are having a huge effect and Russia can't sell it's gas to the point it's now flaring off and burning it.
Saying the war would have been over by now is such a disguting and inhumane way of putting mass slaughter, I can't think of an adequate reply that wouldn't get me an insta-site ban. I disagree with you, with not a scintilla of respect.
"A typical standard vented tumble dryer uses 2.50 kWh per cycle" At 38.6 cents per Kw thats €0.965 pre load. A heat pump dryer ican reduce energy use by 28%, so thats a saving of €0.27c per load. If you think a €400 dryer will ever pay for itself, be my guest.