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Wednesday, 22 June 2011

Linked Data: An Energy Credit Rating?

I received a love letter from EON recently, telling me they love me so much they're going to increase my direct debit. That way, I will "build up a credit over summer" and enable EON to spread its bill over the year.

Sadly, this is a case of unrequited love. I do not want to leave any surplus cash with EON, especially when they haven't mentioned paying me any interest on the credit - or even putting the interest toward my bill.

But on the upside, EON's letter did prompt me to call @Oikonomics, who is fairly heavily involved in an alternative energy proposition, amongst many other things. We got talking about Green Deal and feed-in-tariffs and the challenges of comparing the official option for financing your personal alternative energy generating/saving with alternative means of financing. One idea is to enable you to generate an "Energy Credit Rating" to use as a base for comparing the overall benefit to an alternative energy option. It could combine your MPAN billing number, linked to some data from the Met Office about average sunlight/wind in your area, local energy prices for what you buy and what you generate, the Feed-in-Tariff scheme, and your own credit rating.

Linking some of this data may also help reduce the complexity/cost associated with making energy price changes.

Oh, and Bruce also told me Ovo credits your bill with the equivalent of 3% interest on any credit balance (see under "Earn from Energy").


Image from Energy Saving Trust.
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