PDQ Mobile wrote:I don't agree.
The suppliers could give it for free or for a small amount, something under cost.
I've already answered this.
Your supplier buys this power too and sells it to you. It's what helps keep your prices low - you're buying at an average.
PDQ Mobile wrote:Because people (with these flexible tariffs) would use it anyway.
What alternative do they have?
We'd simply use the power when it suits us rather than when it's good for the grid.
That's the alternative.
PDQ Mobile wrote:That would increase the margins and operating profits of thise companies, because they have saved those negative costs, and we could all enjoy cheaper and more sustainable leccy supplies.
It already increases the margins and profits of your supplier - that you don't take advantage of the lower prices you can get (probably even from the same supplier) is your problem not mine. They rely on inertia from people like you to increase their profits.
You're so hung up on negative tariffs you really can't see the bigger picture.
It doesn't matter whether it's a fixed rate of a tracker we all work on average prices.
Over lockdown my average cost was around 7p, I reckon a realistic average is 10p which is where I think it's heading.
I can get a fixed tariff of 12.5p so the reality is I'm trading a saving of 2.5p for flexibility.
So it wouldn't take much to have me using power when I feel like it rather than when it's good for the grid.
45GW average usage in peak time, you have to decide whether you want to keep it there or not because when all those EV's appear if they find the convenience of plugging in as soon as they get home to charge outweighs any savings then we're gonna need a lot of new power stations and all that extra capacity we'll build will be sat on the grid 24/7 and bills will only go one way and all your reservations about EV's would come true.
Fortunately we've got folk who not only understand how the grid works but understand basic economics making decisions so I'm happy the right choices will be made.