▲ | denkmoon 3 days ago | |||||||
How does the cheap rates work? You get subsidised grid rates because of the batteries? | ||||||||
▲ | Jedd 3 days ago | parent [-] | |||||||
In Australia it's common to have Time of Usage (ToU) billing. Figures depend on provider and plan, but sometimes cheap (as per parent's 6c / kWh), but during the midday to 6pm range it may be up to 60c. So, grid rates aren't subsidised, but having a storage medium means you can arbitrage power quite easily. | ||||||||
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