Homely Partners with ivie for the Energy Sure Project
Homely Partners with ivie for the Energy Sure Project At Homely, we are thrilled to partner with ivie on the
Following an extensive period of testing at the Energy House Labs facility at Salford University, Greater Manchester, UK, we are delighted to share the results of our findings. Homely can reduce heating bills by £444* / year for UK heat pump customers with a time of use (ToU) energy tariff.1
Homely has been maximising savings for heat pump users with ToU tariffs for some time, but how does it save so much? It’s because Homely goes beyond simply blasting your heat pump during cheap periods. Instead, it factors in:
This is while always prioritising customer comfort as minimum and maximum comfort temperature ranges are user-defined.
Octopus Tariffs: Flexible fixed rate vs Cosy ToU
The CoP vs cost vs comfort tradeoff: Why blasting isn’t best
A common misconception is to simply run the heat pump at maximum output during cheap periods. Homely avoids this for two key reasons:
Homely finds the optimal “sweet spot” between pre-heating for cheap periods and minimising CoP losses to ensure maximum cost savings while maintaining comfort.
ToU Savings: Beyond just switching tariffs
Our research reveals that simply switching to a ToU tariff without adjusting heating behavior often leads to higher heating bills due to the alignment of the typical heating periods (in our case SAP heating profile2) to the more expensive periods of the day.
Homely optimises heating for the customer’s specific tariff structure and temperature requirements.
Our Energy House testing ran for over 3 months testing different heating scenarios in both UK winter and shoulder season conditions. Homely and base case scenarios were tested using different tariffs and different set ups of the system, including heat pump only and then including battery and PV. We will be sharing more on these results in future updates however today we are pleased to announce our results regarding the ToU tariff tests!
Homely goes beyond basic ToU integration for heat pumps. Our intelligent system optimises comfort and cost savings by considering weather forecasts, tariff structures, and heat pump performance. By joining Homely, end-customers get the best of both worlds: a warm and comfortable home while maximising their ToU tariff benefits to significantly lower their overall cost of heating.
Homely is compatible with all ToU tariffs available on the market, including those which are primarily targeted at overnight cheap periods for EV charging.
Keep up to date on the latest news from Homely, including future results for PV and Battery optimisation by following our page on Linkedin or signing up to our newsletter.
1 – Annualised Savings Methodology:
2 – The Government’s Standard Assessment Procedure for Energy Rating of Dwellings
3 – Based on standard testing methodology
* – To make testing results more relevant to other homes in the UK we have used the mean space heating requirement in the UK as per the above. By assuming 3.55 CoP we have found a scaling factor of 1.86 which aligns the resulting savings of the testing to the representative cost savings for average home in the UK.
Homely Partners with ivie for the Energy Sure Project At Homely, we are thrilled to partner with ivie on the
The Future of Heat Pump Flexibility is Here – Slash Peak Demand By 60% Homely DFS Assist results show large
Energy House Labs testing supports findings that Homely can save £444* / year with Time-of-Use (ToU) tariff Following an extensive
Homely Partners with ivie for the Energy Sure Project At Homely, we are thrilled to partner with ivie on the innovative Energy Sure project. Our
The Future of Heat Pump Flexibility is Here – Slash Peak Demand By 60% Homely DFS Assist results show large reductions in heat pump peak
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