Heat Pump UPDATE | Daikin | Analyzing First Heat Pump Bill | May 2023 vs May 2024 | Octopus Energy |
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- Опубликовано: 6 окт 2024
- #letsgoelectric #HeatGeek #daikin #octopusenergy #heatpumps #heatpump
Another Update - How much my first ever Heat pump bill in May 24. I will compare the May 24 vs May 23 bill and see if there are any savings made. This is a true comparison and very thorough including looking at what it would have cost us with the Heat pump and without the heat pump.
We installed a heat pump in April 24 by our energy provider, Octopus Energy.
We are on the Octopus Intelligent tariff which allows to charge at a cheaper rate between the hours of 2330 - 0530 in the morning and the heat pump heats how water at this period. We also charge our 2 electric cars between this period giving us cheaper bills.
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After the install, How have we been getting on with the heat pump? What Apps are we using to monitor the usage? Are we cold? All these questions are covered in this update.
The journey continues, as I prepare for a 5 day Heat Pump Installation from Octopus Energy. This short video is for the work undertaken on Day 2. What a journey we have of going electric and removing gas from our house and do our bit for the environment. We are early adopters of new technology and we love documenting this journey from electric cars now to heat pump. Excited and also nervous. Come with us on this Journey!!!
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I have started this channel as a novice and a new electric car owner. I will document the adventures of changing from Combustion/diesel engine to Electric vehicle. I will share news and other car reviews that I can get hold of, with the emphasis on spreading good news about electric vehicles and debunking scare stories out there about switching. I will be as honest as possible and hopefully build a community of new electric car owners and drivers. I will share any issues I encounter and how did I dealt with them. This will include what electric tariff I am on to best serve me. The road may appear bumpy but so far, I am loving the EV.
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I’m similar just approaching the 1sr month but for us it’s been cheaper we are running an 8 kw daikin in a 3 bed detached. Our old system was a 28 year old boiler and water tanks gravity system our energy bill suggest this wil be cheaper certainly is to heat the water but we need more data ie until the heating is taken into account. Very happy though 😊
Awesome Craig, have you managed to get the COP yet? I am keen to know th3 data and see what we are getting. The 2nd month appears very cheap for us. I think we are near half way our billing cycle and octa-aid app suggests the next bill to be around £150. That would be unbelievable! Including charging the 2 EVs too. Interesting really!
I expect you would have used significantly more heat this year, as it was colder. My gas usage for a similar period was over 25% more than 2023.
We had a crazy weekend soon after HP was fitted and travelled with both cars that then needed charging while we had other trips during the week. We must have charged everyday for 5 days straight
And yes it was colder period too so l agree with you
Thanks for sharing this useful information. It looks like even with the 409kwh increase in usage in the 2024 billing period and the large price rises, you have a small difference between the two billing periods. So you seem to be a lot better off, which is a real win. Have you considered comparing usage (pro-rata) for this year at last years prices, or last years usage at this years prices? I have had an electrician install inline meters, one for each of my heat pumps (inverter AC units), so I can monitor them individually and away from the rest of the house usage.
Thanks Mark, you want l want to do now is monitor the heat pump and see what COP I'm getting. Currently working blind just monitoring usage using the Octo-Aid app which is amazing.
The other item on my mind is Solar and/or Battery! Still running numbers and research
@@letsgoelectriclge1320 I've been looking at how to get SCOP and Cop figures from a Daikin and it seems from a lot of web forums that lots buy third party monitoring kit, like the OPEN ENERGY MONITORING system. It appears from the web pages I have visited also that the kwh usage from the Daikin 'user interface' can be unreliable. Do share how you get on with your battery and solar journey. I have had solar for 12 years, and based purely oin feed in tariff payments, has just paid for itself. I am now getting my electrician to price up a home battery to add to it so I can buy at cheap rate and use over dearer periods of the day and evening, or sell on back to the grid. I am looking at GivEnergy battery systems, as currently Octopus E install those alongside solar panels. Retro-fitting the GivEnergy 9.5KW battery and a new inverter, or the 13.5kw all-in-one battery and inverter, are my two current options. Payback is a good question, but one only each individual can answer. If I factered in all the money my solar saved me from heating the hot water and powering my AC to heat and cool, it sort of becomes an obvious choice as part of an eco system of tech.
Thanks for suggesting Tracker for gas in your other video, I switched from the Flexible gas tariffand am saving money.
For my electricity use, I estimated both Agile and Tracker would be significantly cheaper than Intelligent Go (Agile saving slightly more). With one restriction for Agile - to not charge EVs in peak hours of 4-7pm.
Not sure how well Agile would work when I switch to Heat Pump though? Perhaps I can set back the temperature during the peak time, and maybe even set forward the temp for a short period before 4pm?
For my last question, a battery would help Agile users avoid import during peak periods, making set backs and forwards unnecessary.
No not yet I’ve not dabbled much just finding my feet with it so thought just let it run for a few weeks then start delving a little bit so far I’m impressed 😊
Surely you need to consider the savings you get from only paying one standing charge now
They're incorporated in the bill so they are considered
You didn’t include the gas kWh in the comparison. You’ve used gas kWh to heat your home last year, this year you used electricity kWh, therefore they should be added, regardless of the cost it’s the kWh of energy used. Otherwise, very helpful information. Thanks.
I did include gas for last year's usage including changing the cost to current prices. Thank you for watching, it's the usage which is higher and comparable to 23 usage at cost
Just to confirm I can see the gas kWh in the bill and spreadsheet (823.8kWh) in the video
Only way to compare is based on outdoor temperature, anything else is useless.
Really Glen, the only way is basing it on the outside temp not usage, that's a first. It does not matter what the temperature was last year and this year. Would you also want to base it on how many time l was in the house? Usage is way better comparison than anything else
@@letsgoelectriclge1320Isn't Glen saying that outdoor temp will affect heat pump use, and thus electricity use? So if it were colder, you'd expect the increased electricity use you've seen?
Probably is but if l were to use the outside temp considerations, might as well check if l went on holiday or not, if l was home more the year than last year, do you see where l am going with that kind of consideration? Variables are to be expected in comparisons but usage is a better, closer comparison
Your electricity rate is higher this year. Try working this years figures using last years rates and see what you get then.
Interesting? What do you think it will show?
According to your figures using last years standing charge and electric rates you would have paid £143.59 total without a gas bill. To me that is a big win. Don't forget to allow for the variables otherwise it's not like for like.@@letsgoelectriclge1320
I guess you’ll get a battery next to half your bill?
I'm seriously considering it especially for winter usage. Definitely the next and l think l can settle down after that 😜
@@letsgoelectriclge1320Having a battery is a game changer.
@phlpthms74 with solar right? Apparently solar panels are so cheap nowadays, the labour is the one taking more of the amount & batteries too are expensive.
@@letsgoelectriclge1320 We have solar and batteries. We saved over £2000 last year. I am about to buy an extra 3x 3.2 kWh ready for our Octopus heat pump install on the 22nd July. I have been quote £500 more for two batteries than I paid for one in the past. Battery prices are coming down and no VAT anymore. I will have a total of 19.2 kWh once they are installed. I am on Agile.
Probably solar would be more valuable?
3.68kWh peak of South (£6k?) facing solar at your location generates about 4510 kWh per year, which would be worth about £676 at 15p per kWh.
Batteries might allow you to shift 5kWh per night from 7p to 26p (for £5k?) saving £365 per year.