why do your electricity bills go up not down?
DESCRIPTION
Presentation delivered by Joseph Spear at UEA Norwich Business School Doctoral Colloquium, Norwich 31 October 2014. Deck contains all 18 slides. keywords: competition, electricity, energy, management, research, retail, universityTRANSCRIPT
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Why do yourelectricity bills go up
not down?
Joseph Spear, Part-Time ResearcherNBS Doctoral Colloquium 2014
@tudaar @NorwichBSchool #EnergyServices
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“BIG SIX”
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How much have energy bills ended up rising?Supplier 2013 average bill cost 2014 average bill cost Average price increase
SOURCE: USWITCH BASED ON 3,200KWH OF ELECTRICITY CONSUMPTION, AND 13,500 KWH OF GAS. DUAL FUEL STANDARD
TARIFFS. PAYMENT BY CASH OR CHEQUE ON QUARTERLY BASIS.
E.On £1,226 £1,240 1.1%
EDF £1,190 £1,237 3.9%
SSE £1,211 £1,259 4.0%
Scottish Power £1,230 £1,284 4.4%
British Gas £1,191 £1,265 6.2%
Npower £1,220 £1,299 6.5%
Average £1,212 £1,264 4.3%
(BBC, 2014)
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Can a solution come from those we
blame?
@tudaar #BigSix
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(Ofgem, 2014)
22%£278
7%£89
13%£164
7%£89
5%£63
46% £581
percentage x £1,264 = £ amount rounded
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@tudaar #Ofgem #Switching
OCT
31FRIDAY
18TUESDAY
NOV
5FRIDAY
DEC
Cooling OffPeriod
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Could newtechnology help bring down bills?
@tudaar #SmartMeters #IoT #ConnectedHomes #SmartGrid
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What is a KWh anyway?
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Just imagine…Light, Heat and Power from
differentsuppliers
@tudaar #EnergyServices #LightHeatPower
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Light
Edison, 1880
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Heat
Sant, 1980 Lovins,1989
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Power
Fox-Penner, 2009
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#EnergyServicesneeds research but
holds great potential
@tudaar @NorwichBSchool #EnergyServices
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@tudaar @NorwichBSchool #IOT #IOE #M2M
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@tudaar @UCS_NEWS @NorwichBSchool #EnergyServices
Joseph Spear, Part-Time ResearcherNBS Doctoral Colloquium 2014
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@tudaar @UCS_NEWS @NorwichBSchool #EnergyServices
Joseph Spear, Part-Time ResearcherNBS Doctoral Colloquium 2014
Happy to take questions
slideshare.net/tudaar