Heat pump calculations and choice of tariff
Just installed a 6kW inverter 18kWh battery (sig) export limited to 5kW. Total of 5.5kWp solar (3.5 from old FIT panels and 2 just installed).
15kW heat pump getting installed on Monday.
Heat loss calculations suggest that my total annual electricity bill for heat pump (including hot water) will be 7500kWh. This would vary across the year so maybe 4-8kWh per day in summer for hot water, 15-20 in spring/autumn, 37 in winter. Could hit 70kWh on a very cold day (seasonal breakdown is courtesy of AI so take with salt).
Existing usage 3200kWh pa.
Predicted generation 4400kWh pa
So I'm going to have to buy 6300kWh. If I can use battery and careful choice of tariffs to cut my unit price in half, I end up with the same electricity costs and no gas costs so a significant saving.
In summer I'd get some outgoing income as well but my focus is very much on buying as little a possible rather than exporting.
Currently paying 25.22/kWh on flexible octopus.
Cosy variable gives me 12.5p for three periods a day, and if above correct I will need three battery loads on those very cold days.
Seems a no brainer. Could potentially use flux in summer for better outgoing rates but I think I've missed this year's sunshine, thanks to Northern powergrid.
Are my sums right? Have I missed any tariffs? As far as I can see cosy is the only one with three low price periods and also has the lowest unit price?