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Switching electric/gas providers (see first post for links)

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Comments

  • Registered Users, Registered Users 2 Posts: 10,081 ✭✭✭✭CoBo55


    Can't read it on mobile sadly.

    I opened the link, those rates are nothing to write home about, only 7 hours night rate too. Convert stg to Euro and we're definitely getting better prices here.



  • Registered Users, Registered Users 2 Posts: 1,744 ✭✭✭Gooser14


    The standing charges are vastly lower. Zero in some instances.



  • Registered Users, Registered Users 2 Posts: 11,252 ✭✭✭✭OmegaGene


    can we run a cable down from the north ?

    The internet isn’t for everyone



  • Registered Users, Registered Users 2 Posts: 8,098 ✭✭✭Fann Linn


    Farmer's aren't too happy with that cunning plan.



  • Registered Users, Registered Users 2 Posts: 10,081 ✭✭✭✭CoBo55


    I can only read what's on the referral link, all the plans have SC, anyway it's irrelevant to me as I don't live in NI.



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  • Registered Users, Registered Users 2 Posts: 1,161 ✭✭✭gussieg


    image.png

    is this right?



  • Registered Users, Registered Users 2 Posts: 7,581 ✭✭✭bren2001


    It depends where they are pulling their stats from. A quick Look at the second half of 2024 below and your image doesn’t appear to be crazy when you convert using the dollar. When you look at it via the Purchasing Power Parities, we’re expensive but a long way off the top.

    Anyone paying that figure, it’s on them. Shop around.

    https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Electricity_price_statistics



  • Registered Users, Registered Users 2 Posts: 1,161 ✭✭✭gussieg


    trying to figure out who sets the wholesale prices and came across something that I’d never heard of before - a cross border entity called semo

    -the second image is a graph of the wholesale price in Ireland provided by the cso, which baffles me a bit, but basically it don’t compute with the retail prices.

    IMG_2738.png
    Post edited by gussieg on


  • Moderators, Home & Garden Moderators Posts: 7,026 Mod ✭✭✭✭graememk


    It's not the semo that sets the price, but they do run the "auction" for it.

    Say 100MWh is needed (actual number doesn't matter in this instance)

    They have to fill the quota, wind, solar, gas, interconnectors, coal quote. (Renewables usually quote 0, so they always get picked)

    Its taken in order of price, and when the required amount is reaches the last supply " in" sets the price for everyone. I think practical engineering has a good video on it, can find it if your interested .



  • Registered Users, Registered Users 2 Posts: 940 ✭✭✭MiketheMechanic


    Hi all.

    I am out of contract with Flogas since the middle of May. It was on the old BWG Affinity deal.

    I was on 21.5c ex VAT for electricity. Now increased to 33.9c ex VAT.

    I am getting solar installed + battery in the next 8-10 weeks as part of a renovation and will need a new plan then once I get some data from how the system is performing.

    My question is - do any of the providers have a "no minimum contract" offering at electricity rates better than 33.9c?

    I have gas also, but I'm not really that concerned as my usage over the summer is quite low.

    Failing that, do any of the providers have a low "break fee" in case I sign up now and want to change again in August/Sept.

    It used to be €50 per fuel for a break. Obviously I want to try to avoid this.

    Suggestions please?

    MtM



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  • Registered Users, Registered Users 2 Posts: 940 ✭✭✭MiketheMechanic


    Looking at kilowatt.ie, it seems like 2 companies do no-contract plans. Waterpower and Community power?

    Never heard of them. Seems like the rates are variable.

    Has anybody used them? Any gotchas to watch out for?

    MtM



  • Registered Users, Registered Users 2 Posts: 1,744 ✭✭✭Gooser14


    I used Waterpower for 12 months from June 23. Their website was terrible but they responded to emails in a timely manner. I would only use them again as a last resort.



  • Registered Users, Registered Users 2 Posts: 1,694 ✭✭✭rx8


    Why would you wait 8-10 weeks..?

    Change to the lowest rate today !

    Energia have a good feed-in tariff rate of 20c/kwh, paid on each bill and about 30% off standard.rates.

    Use bonkers or switcher and do it ASAP, don't wait.



  • Registered Users, Registered Users 2 Posts: 940 ✭✭✭MiketheMechanic


    Thanks @rx8 - Why wait might be a rhetorical question, but I'll answer it anyway.

    Here is my thought process.

    My installation is still a few weeks away. I was going to wait until I have the system up and running and see what the panels can produce, get some HDF data on import export, see how many hours the battery needs to charge etc. etc.

    I am on a 24h standard plan at the moment. Until I get the battery and panels up and running, I want to avoid buying unit at peak or day rates .

    I might pick a Gas only plan. The Dual Fuel plans don't seem to be optimized for Battery and FIT etc.

    MtM



  • Registered Users, Registered Users 2 Posts: 3,072 ✭✭✭Buffman


    You don't need to wait for results to decide, with solar and battery you want the cheapest night rate paired with best feed in tariff, so you use as much as possible at cheap night rate including charging your battery and then export as much as possible for the higher FIT.

    Check over on the Renewables forum for best plans.

    The below is a general 'signature' and not part of any post:

    FYI, if you move to a 'smart' meter electricity plan, you CAN'T move back to a non-smart plan.

    You don't have to take a 'smart' meter if you don't want one, opt-out is available.

    Buy drinks in 3L or bigger plastic bottles or glass bottles or cartons to avoid the DRS fee.



  • Registered Users, Registered Users 2 Posts: 1,694 ✭✭✭rx8


    I'd definitely echo Buffmans post above, the sooner you change supplier, the cheaper it's going to be.

    You could have 9 or 10 months of results by this time next year. I have solar 6 years almost now and over 90% of my use is on the night rate, for appliances etc., export during the day either is paid at 20c,or goes to heat the water or charge the car.



  • Registered Users, Registered Users 2 Posts: 30,963 ✭✭✭✭zell12


    Ah no, Waterpower are good. I'm happy they exist, provide an alternative, as they provided the best rates at time and a low standing charge. I had to switch as wholesale prices kept rising (not their fault). And yes, their customer service is good for such a small outfit.



  • Registered Users, Registered Users 2 Posts: 174 ✭✭Inforapenny


    Any reason, why one shouldn’t switch to a Smart Plan?

    I know previously on here, people suggested not activating a Smart Plan as you can’t change back, but have they got better now.

    Coming up to two years in our house, so have two years of data uploaded into Energypal. Have been on a 24hr plan all that time.

    Cheapest deals are Smart plans ( partially due to some cash back offers).

    Any reason not to switch to a Smart Plan?


    Thanks



  • Registered Users, Registered Users 2 Posts: 10,081 ✭✭✭✭CoBo55


    None that I can think of, 24hr smart plans are always going to be available if your circumstances change and 24hr suits your situation.



  • Registered Users, Registered Users 2 Posts: 174 ✭✭Inforapenny


    Thanks. Funnily enough, Energypal is suggesting I move to a SmartPlan that is also not a 24hr plan, based on my usage.

    Only thing is that the rate will not be fixed and instead variable. Yuno Energy is the crowd, will need to look into it a bit more.



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  • Registered Users, Registered Users 2 Posts: 30,963 ✭✭✭✭zell12




  • Registered Users, Registered Users 2 Posts: 174 ✭✭Inforapenny


    Mixed reviews, some mention of hidden standing charges. Need to look into them more maybe.



  • Registered Users, Registered Users 2 Posts: 10,081 ✭✭✭✭CoBo55




  • Registered Users, Registered Users 2 Posts: 20,895 ✭✭✭✭Cyrus


    Buffman has given you good advice and nothing will change on that front in the short term.

    Do you have high elec usage? What size solar and battery install?



  • Registered Users, Registered Users 2 Posts: 2,384 ✭✭✭cullenswood


    Anyone have a spare Emerald Park ticket they are not using?

    Heading the week after next with the clan



  • Registered Users, Registered Users 2 Posts: 940 ✭✭✭MiketheMechanic


    Usage approx. 19.5kWh per day or ~7100kWh per year

    10.5kW Solar system proposed with a 9kWh battery.



  • Registered Users, Registered Users 2 Posts: 20,895 ✭✭✭✭Cyrus


    Ok that wouldnt change anything then, try and get on the best d/n rate you can get, charge battery at night, run the house off it as much as you can and spill solar to the grid. You should be pretty self sustaining with that use and set or at least very low cost.



  • Registered Users, Registered Users 2 Posts: 30,963 ✭✭✭✭zell12




  • Registered Users, Registered Users 2 Posts: 2,609 ✭✭✭fafy


    Mainly for those with PV+ battery + EV

    Energia have increased the discount on their Smart EV Drive plan from 15% to 24%

    1)

    02:00 to 06:00 : 4 hour EV Night Rate

    Usage- Up to 1000 units per 2 months is now 6.74 inc vat(was 7.54)

    Usage- Over 1000 units per 2 months is now 7.75 inc vat(was 8.67)


    2)

    06:00 to 02:00 : Day Rate

    Day rate now 30.28 inc vat(was 33.86)


    Annual standing charge stays the same €236.62 inc vat.

    There is >€100 annual savings for me there, so current Energia contract ends in a few weeks, will probably move onto this one.

    IMG_2023.jpeg


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  • Registered Users, Registered Users 2 Posts: 8 Frostybear


    Just renewed with flogas BWG 24hr smart plan. Was on day night before but looked at my usage for the last year and 24hr would work out slightly cheaper.

    Screenshot_20250612-101640.png


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