THis rate is an interim one from the ESB. As smart metering comes in, we may end up with a multi-tier pricing which would encourage people to manage their consumption a bit better by switching on discretionary loads at night (washing machine, dishwasher etc.)
However, there are a lot of houses empty during the daytime when industry is paying full whack for power.
But there is another question - why should renewables have to compete on purely financial terms with other systems that cause climate change and which we hace to change in the long term?
Also, is there some merit is promoting an industry? Ireland has missed the boat on being a centre of excellence for large scale wind. Solar PV is dominated by Germany and Spain, wood pellets are dominated by Austria.
Is there a niche here that Ireland could excel in? We have a high percentage of one-off houses and good wind conditions. As such, we might be an ideal launch pad for a domestic wind turbine industry.
Declaration of interest - I am developing
http://turbotricity.com- an Irish turbine which I hope will have export potential. Its a business, but it is also a passion and something I think should be done. It would help if we had a half-decent tariff in our home market....