Best Electricity Plan for new EV Owners

With 7 days to go on my Energia contract, they stung me with the €50 fine moving to Flogas

It was 6 months before my data was available, being on a 24 plan it doesn't really matter to me but being on a sm plan you'd like to know everything was working properly. How did they resolve the Comms issue, was it a faulty meter?

I have no idea, I raised multiple complaints, communication was nothing short of woeful. Eventually went to a local councillor and it was resolved. The metre was never touched. Went from level 1, to level 3 to level 4 on my account.

I'm getting that message too, hopefully it will be working by the end of the week, I like to have money paid towards the bill before it's issued.

That's a huge jump, very stressful thinking about the coming winter. I got that pso credit for one month and it was zero for the previous month. Hard to believe people including myself were on the fence about that fixed deal because the day rate was too high.... We'd take those rates in a heartbeat now. Is the unit rate ever going to drop or are they just going to keep doing stupid stuff like messing with the pso levy? Very frustrating 😡

There seems to be a steady move away from D/N rates going on. Maybe you should have jumped on the Flogas offer, I wasn't letting that one away as it was a big drop for me.

No, the offer had the standard standing charge, I'm paying 30c on the 24hr plan. Maybe you're thinking of the EI smart boost plan, it definitely had a sore standing charge. We've seen and discussed so many plans it's getting confusing 😕

Is this essentially as good as it gets at this time?

tried bonkers and there does not seem to be anything better.

Holy **** that's nuts, I have to renew this month :( Don't know if this is a really stupid question but are there any known plans to reduce the rates country-wide back to normal levels or is this it?

Flogas seems to be the next best.

Is this as good as I am going to get?

NOTE: Its a fixed price tarriff

Day: 39.85

Night: 19.31

Standing charge: 396

Probably not, all the energy providers either lost money or barely broke even last year, so they're going to keep the rates high to make that back and not take any risks

I think a lot will depend on what happens in Europe with storage and long term contracts. Gas prices are low relative to their peak last year but they're still expensive compared to 2019 levels

It's possible they'll go up again as Europe tries to keep their storage tanks full ahead of next winter

It isn't yet as he's not getting any readings from the meter. I thought it would have been because he was in a place with poor signal which can easily happen I don't see how going to a councillor could help. A black spot is a black spot.

I think the companies with generators, especially wind and solar, made loads of money but the resellers lost money as they were forced to buy from the generators at higher than expected prices. That's why many of the smaller companies have disappeared from the Irish market now.

In D11 so nothing but good signal. If you go into your EI account and look at the details tab it's in there. From the little bits of info it seems to have been with the comms (2g) provider, all the councillor did was to escalate a fix with them. That's all.

If it ever happens....

The justification behind the current system is that it's by order of merit, the renewable producers are given priority and allowed to bid as much electricity as they have available

For example if you have 5000MW of demand, 3000MW of wind power available and 4000MW of gas, you have to take the available wind power and only 2000MW of gas

The advantage of the system is that it promotes use of renewables and prevents fossil fuels from artificially undercutting them to prevent their use

The disadvantage of course is that you have a single critical input (gas) which determines the price of energy and if that critical input suddenly becomes scarce (say for example by one of the biggest suppliers starting a war and getting embargoed) then the market becomes dysfunctional

I would argue the merit order system works in principle and any issues were down to the dysfunctional nature of the gas market

There was a great podcast (Redefining Energy) on this back in 2021 when the energy crisis was just beginning.

Basically, back in the day gas purchasers would sign long term contracts and this includes a premium for the producers to insure against any increases in price during the contract. Then what happened the spot price for gas (that is the price to consume it then and there) kept going really low and consumers stopped using the long term contracts

Add to that a certain lack of political will across Europe to diversify supply away from one particular source and you end up with a recipe for disaster when the spot prices go up

I agree that some long term reforms are going to be needed to keep the market moving away from fossil fuels, however I don't in principle have an issue with renewables being very profitable as it promotes investment and growth in the area

Look at the massive increase in domestic solar installations over the past two years for example, you could legitimately say this has been driven by high energy costs and is itself good for the grid as it reduces the amount of dispatch able power needed