this post was submitted on 11 Aug 2024

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Pressure on power companies to act as energy woes mount (www.rnz.co.nz)

submitted 3 months ago by deadbeef79000@lemmy.nz to c/newzealand@lemmy.nz

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Remember when we were told that privatisation of power generation would lower prices?

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[–] Nomecks@lemmy.ca 3 points 2 months ago (1 children)

If you have your own battery bank you should be able to do your own smoothing when the spot rate goes nuts.

[–] Dave@lemmy.nz 2 points 2 months ago

Yes, but largely consumers aren't exposed to these fluctuations. Most people are on plans with fixed usage charges, and the provider takes on the risk of the spot prices. That mitigates the benefits of being able to do this yourself with a battery.