Well, the primary industry hoping to benefit is the national grid, which is state owned and consumer & tax payer funded.This is the elephant in the room, and based on the debate this week, the media seemed to have missed this point too.
See the article linked here. In many cases the smart plans are offering better value, there is just a lot of misinformation and fear-mongering going on.
If you think that's the case then you should complain to the regulator that the standard usage patterns they have approved for use in the accredited comparison sites are not accurate. They are specified to be representative of average user patterns prior to any behaviour changes.That's over simplistic. They offer better value only if someone is prepared to adapt their lifestyle to the dictate of the supplier; i.e. to eat one's dinner before 5.00 pm or after 7.00 or only have a shower between midnight and 7 in the morning on alternate Saturdays when there's an "r" in the month.
or only have a shower between midnight and 7 in the morning on alternate Saturdays when there's an "r" in the month.
That may be true for 24 hour tariff, but I'm pretty sure that you are better off on a day/night tariff vs a smart tariff.As it stands, they offer marginally better value for the typical user who consumes 34% at night (11pm to 8am). The more you can shift usage to night, the cheaper they get.
If you have issues with the comparison sites calculations, you should take it up with the regulator.Of course I do ........... but you started it with your nonsensical assertion that "in many cases Smart meters offer better value". :mad:
The problem there is that they can';t guarantee that as the ultimate price depends on consumer behaviour either not changing or changing to move more use to the night time rate. The providers don't have individuals' information to be able to stand over such a claim. Stating that would leave them open to being sued by anyone who switched and upped their daytime use.If the smart meters were better for consumers, providers would be supplying information to say so. Instead they say you could save money if you get a plan and change your behaviour.
Except that they do have the information once the meter is installed and could state that the smart meter plan would cost X based on your previous usage over the last billing period sort of thing.The problem there is that they can';t guarantee that as the ultimate price depends on consumer behaviour either not changing or changing to move more use to the night time rate. The providers don't have individuals' information to be able to stand over such a claim. Stating that would leave them open to being sued by anyone who switched and upped their daytime use.
If you have issues with the comparison sites calculations, you should take it up with the regulator.
I suspect that, as implied in some of the articles, the issue is that rather than rewarding off-peak use, many of these plans heavily penalise on-peak use. So unless you change your behaviour they will never be cheaper than the non-smart rate, which ain't a great promotional tool. And even *then* they might not be.Except that they do have the information once the meter is installed and could state that the smart meter plan would cost X based on your previous usage over the last billing period sort of thing.
While I do agree that a smart meter could help people change behaviour if the information was actually exposed better, the plans can't be stated as better value only if people have to change behaviour to achieve that better value.
They only get some of that information, and only if you are already a customer of theirs. ESB Networks don't share all data with all providers.Except that they do have the information once the meter is installed and could state that the smart meter plan would cost X based on your previous usage over the last billing period sort of thing.
The portal that's 'coming soon' should be a real game changer here, allowing consumers way more access to their own usage data over time. Hopefully the data will be presented in such a manner as to make it easy to input the relevant elements into the comparison sites to get a really accurate view on your options across all providers.While I do agree that a smart meter could help people change behaviour if the information was actually exposed better, the plans can't be stated as better value only if people have to change behaviour to achieve that better value.
Absolutely not, but a lot of them will be wrong. If you spend some time looking at your own usage, it's not that difficult to work out a good enough approximation of your own usage pattern.I'm happy to fall in with the 96% of smart meter owners who have elected to remain on non-smart tariffs. They can't all be wrong!
Absolutely not, but a lot of them will be wrong. If you spend some time looking at your own usage, it's not that difficult to work out a good enough approximation of your own usage pattern.
Using the information provided, there are no savings available for your electricity supply We calculate that you would spend €1,739 over the next year with your current plan. See calculations
Great, so you now know you don't fall into the average consumer bracket and smart plans don't suit your current usage patterns, That of course does not take away from the fact that many people would save by moving to such a plan.I've been tracking my day and night consumption monthly for the past 38 years! Believe me, if there was a Smart meter package worth signing up to, then I'd already be on it! But there isn't.
Sure, details are:Leo if you have a source for the Consumption Split I'd really appreciate it.
Those are just the published figures, not the source of them. The CRU have said they aren't their figures. Other providers are using a different break down between the day and night rates.Sure, details are:
Consumption of 4,200 kWh split as follows:
52 % Day Rate
39 % Night Rate
9 % Peak Rate
Bonkers and Switcher both publish that same split, Powertoswitch don't detail it, but comes up with the same results.
What regulated comparison site is using different figures?Other providers are using a different break down between the day and night rates.
Here is https://www.bordgaisenergy.ie/home/our-tariffs themselves which list different figures for urban and rural, again with no source for where the breakdown is coming from.What regulated comparison site is using different figures?
Here is https://www.bordgaisenergy.ie/home/our-tariffs themselves which list different figures for urban and rural, again with no source for where the breakdown is coming from.
Here is another with different figures https://communitypower.ie/tariffs/
Also both switcher and bonkers are "accredited" not regulated. I have emails in to both with no response yet querying where they got their figures.
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