Next April new methods of charging for grid services come as a result of TCR.
How is this likely to affect customers who:
- Customers who have time of use tariffs (including ½ hourly like Octopus Agile)?
- Customers who export electricity from battery storage or on site generation (including V2G)?
- Customers who are high users of electricity (EV charging, Heat pump, Night Storage heaters etc)?
- What do these changes allow that weren't possible on the existing system?
- What do these changes prevent that was possible on the existing system?
- Are there any other benefits to implementing these changes (efficiency, environmental impact, renewables etc)?
- What does this mean for the grid balancing industry as a whole?
What is the likely industry reaction to the changes (withdrawal and creation of new consumer tariffs, increase / decrease in charges for particular customers)?
It would be great to get an insight into how this will affect consumers from an energy providers perspective and anybody who has anything to add.
Best answer by Tim_OVO
I can see you’ve posted this in the ‘Kaluza Ask me anything (AMA)’ event. I’ll be moving related comments over to this thread so we have it all in one place. But our two experts involved might be able to offer insight into strategic implications from a supplier and consumer point of view. We’re still collecting questions for that event, but I will make sure your comment/question there is included in the review process.