Cosy Price increases.
The new rate for OE’s Cosy Tariff from October suggests to me that I’ll be making an adjustment on my Tesla app so that I’ll use as much of the produced solar energy as my system allows - any advantage of ‘arbitrage’* has now vanished. I endeavour to only import during the cheapest 8 hours per day and run on battery for the other (more expensive) 16 hours. The new rate (inc. VAT will be 14.596 pence and as the ‘Outgoing’ rate is 15.0 pence, charging the battery from solar is going to be the better (cheaper) option for me; 14.596 pence per kWh plus the 10-15% losses in conversion suggests that exporting any energy that could be used is pointless now.
*Arbitrage was very marginal at the lower rate!
Regards, Toodles.
Toodles, he heats his home with cold draughts and cooks his food with magnets.
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