I think that would be ideal. We would probably need a different setup to encourage people to install more than they individually need, since selling back to the grid isn’t really feasible at the moment (the spot price may be $1000 but your provider only gives you $.10).
I think having home owners being able to borrow money at 0% or 1% is helping to encourage more, though. Just a shame home ownership rates are falling.
Yes, but largely consumers aren’t exposed to these fluctuations. Most people are on plans with fixed usage charges, and the provider takes on the risk of the spot prices. That mitigates the benefits of being able to do this yourself with a battery.
Microgeneration. Solar panels on every roof!
I think that would be ideal. We would probably need a different setup to encourage people to install more than they individually need, since selling back to the grid isn’t really feasible at the moment (the spot price may be $1000 but your provider only gives you $.10).
I think having home owners being able to borrow money at 0% or 1% is helping to encourage more, though. Just a shame home ownership rates are falling.
If you have your own battery bank you should be able to do your own smoothing when the spot rate goes nuts.
Yes, but largely consumers aren’t exposed to these fluctuations. Most people are on plans with fixed usage charges, and the provider takes on the risk of the spot prices. That mitigates the benefits of being able to do this yourself with a battery.