Mungler Posted March 9 Report Share Posted March 9 I gave a lift to 2 clients yesterday - both are sticking orders in for the Jag EV. I should be on commission 😆 Quote Link to comment Share on other sites More sharing options...
Stonepark Posted March 9 Report Share Posted March 9 Day ahead electricity prices are currently holding about £200\mwh, which translates to 20p\kwh, assuming normal profit margins, this translates to 30p per kWh from next October for domestic electricity, charge rates at third party chargers will be north of 45p per kWh. For 75kwh battery with a range 260 miles (3.5 miles per kWh), domestic charging at 30p\kwh will give a per mile rate of 8.6p per mile for fuel. A similar diesel getting 70mpg and costing £1.75 a litre cost 11.4p per mile for fuel. Third party charging at 45p\kwh will give a rate of 12.9p per mile. Whilst sourcing an electric car through a business remains an inexpensive option due to tax differences, fuel costs are changing and electricity will be on par with a diesel for the common man, and coupled with higher initial capital costs will make EV's impractical for a lot of people. Quote Link to comment Share on other sites More sharing options...
Mungler Posted March 9 Report Share Posted March 9 13 minutes ago, Stonepark said: Day ahead electricity prices are currently holding about £200\mwh, which translates to 20p\kwh, assuming normal profit margins, this translates to 30p per kWh from next October for domestic electricity, charge rates at third party chargers will be north of 45p per kWh. For 75kwh battery with a range 260 miles (3.5 miles per kWh), domestic charging at 30p\kwh will give a per mile rate of 8.6p per mile for fuel. A similar diesel getting 70mpg and costing £1.75 a litre cost 11.4p per mile for fuel. Third party charging at 45p\kwh will give a rate of 12.9p per mile. Whilst sourcing an electric car through a business remains an inexpensive option due to tax differences, fuel costs are changing and electricity will be on par with a diesel for the common man, and coupled with higher initial capital costs will make EV's impractical for a lot of people. Energy prices are only going one way. I’m going down the solar and battery route. The last time I did the break even calc it was over a decade off - not now. I’d also be intrigued to know what the feedback tariff will be. Quote Link to comment Share on other sites More sharing options...
Stonepark Posted March 9 Report Share Posted March 9 3 hours ago, Mungler said: Energy prices are only going one way. I’m going down the solar and battery route. The last time I did the break even calc it was over a decade off - not now. I’d also be intrigued to know what the feedback tariff will be. Feed in Tariff has been replaced by the Smart Export Guarantee. Energy Saving Trust have some good example of costs and pay backs which need updated. Basically the SEG prevents a negative price for exports but insists on a smart meter being fitted and equipment being installed by a 'certified installer. Unless rates have been updated (I suspect not) the SEG still allows electricity companies to take the ..... https://solarenergyuk.org/resource/smart-export-guarantee/?cn-reloaded=1 Quote Link to comment Share on other sites More sharing options...
Mungler Posted March 10 Report Share Posted March 10 6 hours ago, Stonepark said: Feed in Tariff has been replaced by the Smart Export Guarantee. Energy Saving Trust have some good example of costs and pay backs which need updated. Basically the SEG prevents a negative price for exports but insists on a smart meter being fitted and equipment being installed by a 'certified installer. Unless rates have been updated (I suspect not) the SEG still allows electricity companies to take the ..... https://solarenergyuk.org/resource/smart-export-guarantee/?cn-reloaded=1 If it ends up that we’re all going to be paying not less than 40p a KWh in the not too distant future, what goes back to the grid has got to have a value greater than that historically on offer. I think the battery route makes the most sense with a smart meter and a tariff which in old money I would call economy 7. I don’t see energy prices stabilising for a decade - we did it to ourselves with this green nonsense. Don’t get me wrong, it’s good to be green but not when it wrecks your economy and our country is but a ‘drop in the bucket’ polluter globally. If anyone has any better ideas than solar,l right now, I’m all ears. Quote Link to comment Share on other sites More sharing options...
Charliedog Posted March 10 Report Share Posted March 10 I would feel happier with a hybrid at present Quote Link to comment Share on other sites More sharing options...
JohnfromUK Posted March 10 Report Share Posted March 10 9 hours ago, Mungler said: If anyone has any better ideas than solar,l right now, I’m all ears. This https://newatlas.com/energy/quaise-deep-geothermal-drilling-questions/?fbclid=IwAR0xF_1lxPYHUHEF2t_2VAWP4nC8NEARlSuSastDxGX1tPgGnBT35fTfeGo looked interesting ........ but how true or viable it is I have no idea. Quote Link to comment Share on other sites More sharing options...
Weihrauch17 Posted yesterday at 15:09 Author Report Share Posted yesterday at 15:09 https://www.express.co.uk/news/uk/1614242/London-bus-explosion-electric-bus-battery-pack-fire-latest-update Quote Link to comment Share on other sites More sharing options...
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