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Best Electricity Plan for new EV Owners

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Comments

  • Registered Users, Registered Users 2 Posts: 2,892 ✭✭✭fafy


    I got Pv installed, and have a space all ready, for multiple batteries, but have been told to wait for battery prices to drop, before ordering.

    We have a heat pump, so bigger batteries may be feasible, if battery price is right. A 15kw battery should supply all household daytime needs, for most of the year. All our EV charging is at night, as is, all water heating, dishwasher, dryer & washing machine.

    Assume i get batteries, and even if export drops to 17c (currently 24c) an export rate drop, is inevitable, as overall rates drop, i can still make 10 c by charging the battery on a night boost smart meter, at 7 cent, and export everything.



  • Registered Users, Registered Users 2, Paid Member Posts: 35,689 ✭✭✭✭listermint


    Cheap Electricity is not inevitable. Lower export rates yes as companies bleed every last cent they can.

    At some point you have to bite battery bullet. You'll be waiting for never... as they say.



  • Registered Users, Registered Users 2, Paid Member Posts: 19,955 ✭✭✭✭ELM327


    Exporting generated solar to the grid is the way to go, but separately, you should be importing night rate to use during the day. The two are mutually exclusive



  • Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭waterwelly


    Looking at Pinergy there it's 5.5c to charge,

    41c for 21hrs and 27c export.

    I'm mulling over another battery.

    I know prices of batteries may fall but the savings would be there right now anyway.

    For 8 months of the year I rarely get less than 10kW from my panels, so I'd have 20kW+ to satisfy house demand.

    For the other 4 months I probably average 5 from the panels.



  • Registered Users, Registered Users 2 Posts: 21,997 ✭✭✭✭Water John


    Some decisions like this are often tipped by the funds just sitting in a bank account, doing very little. You could also look at it as a bit of a hobby, looking always to maximise your benefit and lower your costs.



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  • Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭waterwelly


    That's the thing.

    It's a no brainer if you have the money to do it.



  • Registered Users, Registered Users 2 Posts: 2,892 ✭✭✭fafy


    Ya, what i meant by waiting for battery prices to fall, was a month or two.

    Impressed with PV generation(10 back, + 8 front) so far, only started generating on Feb 1st, and its averaging 8kWh, daily, in whats been, awful weather in the last 3 weeks. I can see this will easily double, in the coming months.



  • Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭waterwelly




  • Registered Users, Registered Users 2, Paid Member Posts: 13,580 ✭✭✭✭the_amazing_raisin


    I'm kind of in a similar place since we got the Smart D/N meter

    Still on the Flogas plan but we're on metered export now

    Charging the battery at night costs 14.5c/kWh, selling to the grid gets 22c/kWh (although that'll probably drop)

    So I've decided for the next few months to keep the battery charging overnight to 100% and using it through the day and it's complemented by whatever is coming from the panels

    When I get excess I'm not mad about diverting it because it's worth more to sell it to the grid

    It's kind of hard to figure out the math of whether it makes sense or not, tried it a few ways and it came out about the same as 90% self use and no charging. So I think I'll just see how it goes

    I am thinking about more batteries, my 10kWh is often gone by evening on cloudy days. Another 5kWh should carry me over but ideally 10kWh would get me away from any daytime usage

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭waterwelly


    Be wary of charging at 14.5 to export at 22.

    There are losses in and out of the battery, let's say 10%, so say 16c. So you are "earning" 6 cent a unit.

    But these batteries degrade as we use them. So how much degradation does the 6c cost?

    That's why I'm thinking Pinergy 5.5c and 27 export. So 7c after losses, a fat margin of 20c.



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  • Registered Users, Registered Users 2 Posts: 21,997 ✭✭✭✭Water John


    Using EVs as night and solar storage to be used during peak time, maximising differential and flattening the usage curve, would be a potential market for development.



  • Registered Users, Registered Users 2 Posts: 170 ✭✭Bannerman1969


    An export tariff rate of €0.18.5 (exc. VAT), €0.20 (inc. VAT at 9%) per kWh will be applied to the excess exported electricity. Effective date of the rate is 6 November 2023.


    The above is from the Flogas site so not €.22 fit as stated above. With losses there is not much to be gained by charging battery fully overnight. Tbh very little in it though.



  • Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭waterwelly


    You would need to be on one of the low night rate plans that gives a few hours at 5 / 6 /7 cent.



  • Registered Users, Registered Users 2 Posts: 3,704 ✭✭✭Ginger83


    Does anyone know if Electric Ireland's energysaver 22% existing customers a smart tariff or standard tariff plan?



  • Registered Users, Registered Users 2 Posts: 1,470 ✭✭✭daveyjoe


    Why is Bord Gais one of the worst? Maybe I'm reading it wrong but their EV plan seems pretty reasonable according to https://www.energypal.ie/.



  • Registered Users, Registered Users 2, Paid Member Posts: 35,689 ✭✭✭✭listermint


    Talking in general pricing terms. Their ev plans aren't bad just the 3 hour thing is a bit cat.



  • Registered Users, Registered Users 2 Posts: 157 ✭✭Core6


    I agree that Bord Gais is the best option -- certainly for my usage profile on a smart plan with an EV but no PV solar panels or battery.

    I uploaded my 12 months usage to https://www.energypal.ie/ and BGE came out as the cheapest. It is a close run thing with Energia but they were slightly more expensive.

    Yuno was almost the most expensive!!

    Post edited by Core6 on


  • Registered Users, Registered Users 2 Posts: 10,832 ✭✭✭✭CoBo55


    I uploaded my file to them also and they put BG as the cheapest for me too, the free electricity Saturday is the top recommendation I'd never have even considered that plan but the figures don't lie, I'm thinking strongly of moving to that plan tbh.



  • Registered Users, Registered Users 2 Posts: 624 ✭✭✭handpref


    Is there a limit on the Saturday Usage ? Could I set the tour to charge from after midnight into Saturday morning and then after 10hrs plug in the other car- could be 20 hour sustained draw..



  • Registered Users, Registered Users 2 Posts: 2,892 ✭✭✭fafy




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  • Registered Users, Registered Users 2 Posts: 10,832 ✭✭✭✭CoBo55


    It's free from 9to5 and limited to 100Kw per month.



  • Registered Users, Registered Users 2 Posts: 624 ✭✭✭handpref


    Cheers for that, 100kw a month! I could put 140 into the cars of a Saturday 🙈 Still nothing that works better than the old D/N rate unfortunately.



  • Registered Users, Registered Users 2 Posts: 2,892 ✭✭✭fafy


    Electric Ireland also have a similar weekender tariff, called “Home Electric+ Weekender”

    which i understand is unlimited, however, the unit rates outside of the free period are extortionately high at 37.16 cent inc vat, (from March 1st)

    These so called - free time tarriffs are very restrictive for the majority of people, and in almost all cases for EV owners, they don’t give overall good value.



  • Registered Users, Registered Users 2 Posts: 1,457 ✭✭✭SharkMX


    If you could charge your house battery from the car V2L it would be ideal. V2G equipment is very expensive.



  • Registered Users, Registered Users 2 Posts: 10,832 ✭✭✭✭CoBo55


    That's why I'm surprised the BG plan appeared top of my list I could charge the car 2 Saturdays a month I'm using about 40kw a week and the rest of the time charge it at 22c per kWh. Am I reading the results correctly in that if I don't change any house habits I'll save 348 per year from what I'm paying now? I'm on the Flogas 30c 24hr plan with 301 standing charge.



  • Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭waterwelly




  • Registered Users, Registered Users 2 Posts: 10,832 ✭✭✭✭CoBo55


    They're bang on with the prices from the suppliers, you can easily verify the meter readings yourself by cycling through the usage windows on the meter itself, they're exactly right in my case. There's a good video on the ESB site about reading your smart meter that's what I used.



  • Registered Users, Registered Users 2 Posts: 1,534 ✭✭✭crl84


    I've been on that EI free weekend day for about 10months now, works out brilliant for us.

    Average about 320kw a month from the free day (Sunday), it's 8am-11pm, so much better than the BG one for us. Both cars charged and all the washing/drying done.

    We do about 200kw per month on the other 6 days, at the 24hr rate of 37c.



  • Registered Users, Registered Users 2 Posts: 863 ✭✭✭staples7


    I think the issue with plugging your HDF file or current details into energyPal or these online calculator is they won't take into account the changes you would make if you switched to an EV rate

    eg I would obviously now charge in that 3/4 hr window but my current usage may have it changing all night ours (for night rate)

    Or similar with other appliances or heat pump etc you could force within that window.



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  • Registered Users, Registered Users 2 Posts: 10,832 ✭✭✭✭CoBo55


    That's it, I'd get their recommended plan and a year later after using the new plan load up my file and see what plan comes out on top.



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