Buy an EV and watch the cost of washing your clothes soar

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cremeegg

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I have just ordered a new EV and am looking at electricity costs.

My provider offers a rate of 7.54 cent from 2am to 6am. Happy days.

However if I move to this tariff the rate for the rest of the day will increase from 26 cent to 34 cent.

So while the extra 225 kWh I will buy each month to charge my electric car will cost just €17 a month, the 405 kWh I currently buy each month to power my home will go from €110 per month to €142 per month.

Is this the most cynical price gouging or am I missing something.
 
Have you used EnergyPal.ie to find the best plan for your needs and usage profile assuming that you have about a year of smart meter data available?

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cremeegg said:
I have just ordered a new EV and am looking at electricity costs.

My provider offers a rate of 7.54 cent from 2am to 6am. Happy days.

However if I move to this tariff the rate for the rest of the day will increase from 26 cent to 34 cent.

So while the extra 225 kWh I will buy each month to charge my electric car will cost just €17 a month, the 405 kWh I currently buy each month to power my home will go from €110 per month to €142 per month.

Is this the most cynical price gouging or am I missing something.
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We switched to a day/night meter and no smart plan. Night rate kicks in at 11pm. Day starts at 7am. No charge to change the meter and then offered a cheaper nighttime rate and”normal” daytime rate. Electric Ireland
 
Armada said:
We switched to a day/night meter and no smart plan. Night rate kicks in at 11pm. Day starts at 7am. No charge to change the meter and then offered a cheaper nighttime rate and”normal” daytime rate. Electric Ireland
Click to expand...
Did you factor in the higher standing charge for a day/night meter when doing your calculations?
 
ClubMan said:
Have you used EnergyPal.ie to find the best plan for your needs and usage profile assuming that you have about a year of smart meter data available?

EnergyPal.ie

Use smart meter data, visualise your energy usage. Take control of your energy costs with EnergyPal.ie! Compare and find the best energy plans based on smart meter data - all for free. Start saving money and optimizing your energy consumption today
www.energypal.ie www.energypal.ie
Click to expand...
Thanks for that @ClubMan. I have uploaded my existing data, do you know if it is possible to add in expected future use with the EV.
 
cremeegg said:
I have just ordered a new EV and am looking at electricity costs.

My provider offers a rate of 7.54 cent from 2am to 6am. Happy days.

However if I move to this tariff the rate for the rest of the day will increase from 26 cent to 34 cent.

So while the extra 225 kWh I will buy each month to charge my electric car will cost just €17 a month, the 405 kWh I currently buy each month to power my home will go from €110 per month to €142 per month.

Is this the most cynical price gouging or am I missing something.
Click to expand...
All depends on what works best for you, we have an ev and a hp, I use a d/n rate 12c at night and double during the day, all car charging is at 12c and I push a lot of hp kws to night as well.

Regardless 34c for a day unit doesn't sound appealing!
 
Checkout the standing charge for the EV plan, when I was on BG's EV smart plan last year
they charged an extra €140 IIRC for the privilege of the EV rate
 
JoeRoberts said:
Mad idea due to risk of fire if sleeping
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Funny thing about this, is there is a risk think they call it a low rick high impact event
But after ovens and dishwasher and washing machines the next most common cause of shall we call it kitchen fires is the fridge/freezer
and we're not unplugging them at night time when we're sleeping
 
cremeegg said:
I have just ordered a new EV and am looking at electricity costs.

My provider offers a rate of 7.54 cent from 2am to 6am. Happy days.

However if I move to this tariff the rate for the rest of the day will increase from 26 cent to 34 cent.

So while the extra 225 kWh I will buy each month to charge my electric car will cost just €17 a month, the 405 kWh I currently buy each month to power my home will go from €110 per month to €142 per month.

Is this the most cynical price gouging or am I missing something.
Click to expand...

Not sure of the size of your EV battery will be but presumably you will only be able to draw 7kw x 4 hours , 28kw at the low rate per day anyway.

If you take the readings from your smart meter, you can calculate your blended unit cost for the plan you are considering. In my case, it was marginally below the 24hr unit rate and with small ones, behaviour change/shifting time of use was not going to move the dial for us, so we shopped around for the best 24hr rate.
 
Cervelo said:
Funny thing about this, is there is a risk think they call it a low rick high impact event
But after ovens and dishwasher and washing machines the next most common cause of shall we call it kitchen fires is the fridge/freezer
and we're not unplugging them at night time when we're sleeping
Click to expand...
Maybe, especially since every house has one running but a significantly lesser risk than a tumble dryer for sure
 
ClubMan said:
Did you factor in the higher standing charge for a day/night meter when doing your calculations?
Click to expand...
Yes and it actually costs very little more. For us it made a considerable saving when charging the EV. I’m an early riser so can avail of laundry savings too.
 
My calculations are excluding standing charges. From your usage data, you will use 7.5kwh for the EV and 13.5 on the house in a daily basis. For a dn rate of 26/12 this works out at 4.41 per day.
Whereas the 34/7.4 works out at 5.14 per day. There would need to be a 266 decrease in the standing charge for the 34/7.4 to be cheaper.
 
If your circumstances allow, get solar panels....

The power generated will typically be during the day time, and can be used for anything (including run to an EV charger, stored in a battery for later use, or even sold back to the National Grid).
 
I stuck to the 24hr rate at 24c because we do little mileage and active full household we can't do the majority of household stuff at night. It needs to get done during the day.

Only snag in that was we thought we'd split the use of EV with our other petrol car, but in fact most our use switched to the EV.

I'm considering switching to a day night meter if I can ever get the meter switched. Because even with low mileage the EV is still the larger part of our bill.

If you have larger battery EV doing more mileage those short 3hr EV rates will be too short to be convenient.

Solar and a battery is ultimately where the best savings are at.
 
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