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Average price for the whole day was around 1.1€/kWh
Average price for the whole day was around 1.1€/kWh
Yeah about 30% of Finns have a plan lile that. It’s bit of an gamble, but on average it’ll be cheaper on the long run.
You could get fixed price plans for around 5c/kwh. However take into account that yesterday was an anomaly. The average price for the last 28 days is 12.65c/kWh. During the summer time it was around 1 to 3c/kWh.
It’s non-sensical to base the cost effectiveness of a heat pump on the handful of really cold days when it’s no more efficient than electric resistive heating. You have to take into account the entire heating season. Electric resistive heating is allways 100% efficient. Air sourced heat pump is 100% efficient in the worst possible conditions. In normal conditions it’s from 300% to 500% efficient. While your 650 watt space heater puts out heat at the constant rate of 650 watts, a heat pump outputs 3000 watts worth of heat while using that same 650 watts of energy.
Maybe invest in something more sustainable in the future?
Like what?
Polyurethane is better insulator, doesn’t absorb moisture and doesn’t require a vapor barrier but is also much more expensive. It’s what I insulated my shed with so that I can let it get cold if need be and will not have moisture problems later.
Staying warm is not the issue. It’s the price for that comfort. Running a 1kW space heater for 24 hours at yesterday’s prices would have cost a little over 26 euros.
Some people were even running electric heaters outside. Stupid but hilarious.
Plans like that started gaining popularity in the recent years as in general they were cheaper than ones with fixed prices. Then because of the Russian invasion the prices skyrocketed with daily averages of even 30 and 40 cents and people were in deep trouble with their electric bills and many of them scrambled to get 20 - 30c/kWh, 1 to 2 year long plans to save their asses. However the spot prices then dropped back to 3 to 4 cents for the spring and summer and now those people were stuck with their fixed price plans and are paying 10x the spot prices. Personally I just decided to gamble with the spot priced plan as my 6c/kWh plan had just ended and the 8 to 12 cent plans are all 1 to 2 years long. Despite freak days like this, on average, I’m still probably paying less than I would have with a fixed price plan.
If your intention is to heat or cool air using as little electricity as possible, a basic heat pump split air conditioning unit is going to be more than adequate for 90% of people. If you live in a place like Yakutsk, then yeah, you probably need to look into something else, but for the vast majority of people it’s going to be just fine. A general recommendation doesn’t mean it’s the best choice for literally every single person.
Yeah obviously it’s a whole different game when you live in a place like that. That’s just quite rare usecase. The vast majority of people who keep repeating the “heatpumps don’t work in cold climates” lives in a climate much warmer than I do. Even mine struggles on the really cold days we get few times a year but that’s fine because it gets the job done flawlessly for the remaining 350 days.
Tomorrow is back to normal. Even the 37c/kWh spike hardly registers on the graph compared to today even though that’s still pretty expensive.
Today is highly unusual. Never before in recorded history has the price climbed anywhere near this high. Last year we had record high electricity prices due to the Russian invasion of Ukraine and even then the average price for the year was 18c/kWh. This year it has been around 12c/kWh I think.
Sure, but as I said it’s just a handfull of days in a year. If the heatpump alone struggles to keep my house warm I can just switch on one or two electric radiators.
My heatpump is about 3x more efficient than electric radiator.
This is such an outdated information. Modern heatpumps work just fine even in temperatures of -20C and below. Ofcourse the efficiency gets worse the colder it is but even at worst it’s still 100% efficient. On a typical year there’s only a handful of really cold days. It doesn’t make sense not to get a heatpump just because it’s inefficient for few days. It’s not like it stops heating or something. It just effectively turns into electric radiator which is what my house was heated with before I got the heatpump anyways.
50kWh and closer to 90kWh on days like this. It’s a log cabin and I’m keeping my root cellar and insulated shed above freezing aswell. Even running a 1kW heater all day would result in a consumption more than 21kWh and that wouldn’t keep any house warm.
It’s what I exclusively heat my house with
On average winter days it’s around 10 to 15c/kWh and in summer like 5 cents or less. Some days in the summer the price literally goes negative.