Posts Tagged ‘Confusopoly’

Sometimes I find it hard to like EDF

March 16, 2021

Click for larger version. EDF wrote to me today to say they are increasing the price of ‘night rate’ electricity by 73.7%.

Energy is a wonderful thing. But sometimes it can be hard to like the companies which sell it to us…

…especially when they increase the price of their product by 73% overnight!

As regular readers will know, since 2018 I have been working hard to reduce my household energy consumption and the concomitant carbon dioxide emissions.

My 3-step plan has been:

  1. Reduce household heating requirement with insulation and triple-glazing.
  2. Switch from gas heating to electrical heating with a heat pump.
  3. Use solar panels and a battery to generate low-emission electricity and reduce the cost of switching to electrical heating.

Part#1 is complete: winter is not yet at an end, but heating demand appears to about 50% lower.

Part#2 is underway and I hope to have a heat pump installed this summer. But electrical heating is more expensive than gas heating.

Part#3 is underway: the solar panels are performing well and a battery should be installed this Thursday. The battery should allow me to use mainly my own solar electricity, or EDF off-peak electricity for most of the year.

I carried out extensive modelling of the effect of varying patterns of electricity consumption and compared different ‘tariffs’.

I had based my costings on the fact that the night rate for electricity would be about 5p/kWh and day rate would be about 25p/kWh. Of course I knew these costs could vary over time.

Nonetheless, it would be an underestimate to say that I was ‘disappointed’ when EDF wrote to me this morning to say that price of night time electricity was to rise from 4.99 p/kWh to 8.67 p/kWh…

…a 73% rise!

Like I said, sometimes it can be hard to like the companies which sell us energy.

Switch!

I am thinking about it.

But switching is, in my opinion, a distraction. It is a way of distracting us ‘fish’ from the fact that we are in a ‘barrel’ and at the mercy of the confusopolists.

 

Previous articles about the house.

2021

2020

2019


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