cgwhite
Standard Member
Thought I might share with you our setup which now is paying us up to £30 per month:
The key to all of this is the differential between Octopus Intelligent Go and SEG payments from Octopus, (or any other provider). 7p inbound against 15p export with Octopus. You need to ensure that you export all of your Solar at 15p and have enough battery capacity to store electricity at 7p. Overnight you have to charge the EV and topup the batteries as well as heating your hot water with the immersion heater during to Off Peak time slot, which is very generous 11.30 - 5.30 all at 7p. During the day, and up to the 11.30 off peak period, the batteries will cover your background usage, fridge, computers, etc. All of your Solar is then exported at 15p. The Intelligent Octopus with the Ohme charger can sometimes charge outside of the Peak period but is always just costing you the 7p rate regardless of the time. The secret is having enough battery storage to cover your daytime usage and to ensure that you don't use any peak kW.
With our setup of 8 kW solar and 11kWh battery storage, we have been able to tune the system to end up with a net income from Octopus during the summer months. During the winter it nets off the cost so that over the year we are virtually zero cost for electricity. When you consider that the majority of consumers are now paying up to £1700 per year for electricity it makes the £11k investment 3 years ago realistic.
One of the good points about SEG is that you can move providers as their rates change, you normally only have to give them 30 days notice and normally they will release you early as it costs them money to keep you on board.
Enjoy, shame about the Climate Change / Global Warming weather this June!
Regards,
Chris. Qualified Solar Installer. MG5 LR 2022.
The key to all of this is the differential between Octopus Intelligent Go and SEG payments from Octopus, (or any other provider). 7p inbound against 15p export with Octopus. You need to ensure that you export all of your Solar at 15p and have enough battery capacity to store electricity at 7p. Overnight you have to charge the EV and topup the batteries as well as heating your hot water with the immersion heater during to Off Peak time slot, which is very generous 11.30 - 5.30 all at 7p. During the day, and up to the 11.30 off peak period, the batteries will cover your background usage, fridge, computers, etc. All of your Solar is then exported at 15p. The Intelligent Octopus with the Ohme charger can sometimes charge outside of the Peak period but is always just costing you the 7p rate regardless of the time. The secret is having enough battery storage to cover your daytime usage and to ensure that you don't use any peak kW.
With our setup of 8 kW solar and 11kWh battery storage, we have been able to tune the system to end up with a net income from Octopus during the summer months. During the winter it nets off the cost so that over the year we are virtually zero cost for electricity. When you consider that the majority of consumers are now paying up to £1700 per year for electricity it makes the £11k investment 3 years ago realistic.
One of the good points about SEG is that you can move providers as their rates change, you normally only have to give them 30 days notice and normally they will release you early as it costs them money to keep you on board.
Enjoy, shame about the Climate Change / Global Warming weather this June!
Regards,
Chris. Qualified Solar Installer. MG5 LR 2022.
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