The fine print is interesting, theres a cap, fair use provisions and it requires a smart meter. Smart meters are still a bit contentious.
Sadly probably wont be any good for selective crypto mining, alas.
Sadly probably wont be any good for selective crypto mining, alas.
I think the only way most people could get to 8kW continuous without an EV would be to turn on their electric oven, grill, and all spots on their electric hob. And the kettle.
It's by hour, and the highest times are probably when I was cooking with both the oven and the hob, and perhaps had the washing machine running too. The highest hour used 2.9kWh.
Plenty of cheap (e.g. rental) homes in the UK have crappy electric shows, which are usually rated at 6-8kW — but rarely used for a whole hour.
But also it is unlikely that we used 24kWh in any one day ever.
I imagine that this is not the target audience.
The rest of the states in the NEM are aiming for 2030 to complete their rollouts.
Aside from the supposed "contentious" nature of smart meters, which is mostly the RW cookers thinking it's some nefarious plot, along with vaccines and 5G.
Eh I sit on the fence on this one. Take your pick as to who is going to abuse the data. Corps or the government to taste.
Consider this very proposal, incentives to use power at certain times are good. But that incentive structure could instead be very anti consumer. Higher prices when we need electricity would be a horrid state of affairs when rents have doubled in 5 years and a lot of people are barely holding on.
They enable new services like feed-in tariffs and incorporation of V2G and VPP infrastructure.
Rents have not doubled in 5 years.
Rental inflation peaked at ~8% and is now below 4% pa.
> they are technology that enables better time-of-use metering
Right and we all have to pretend that the technology is neutral and act surprised when it ends up being used for anti consumer purposes? Thats the usual game isn't it?
On smart meters:
Victoria has had them for 2 decades now.
If there were anti-consumer uses that our retailers or distributers took advantage of we'd know about them by now.
We've also had a fully privatized grid for quarter of a century, with generators, transmission, distribution, and retail separated.
The rorts have been by the distributors "gold plating" the poles/wires, and some machinations of the NEM by coal/gas generators.
Neither of which were caused by the smart meter rollout.