Farm Finance: Smart solutions on the farm can lead to significant savings as the price of gas and electricity soars

Heavy users of electricity include dairy farmers and pig and poultry operations and tillage farmers where grain drying is carried on by electrical-powered dryers.

As a nation, we’ve had two-tiered electricity prices for years with the older of you remembering the catchy ‘night-saver’ jingle encouraging electricity users to go for a split electricity meter at the time.

The prospect of electricity rationing and outages has gained plausibility over the past week or so with speculation that Russia might cut off gas supplies to Europe or in order to ramp up sanctions European countries reach a common consensus to weaning itself off of Russian gas. 

As reported in the Irish Examiner, February was a record month for wind energy in Ireland, with more than half the country's energy needs coming from wind power. One plan being explored by the Government is apparently the consideration of mandating peak pricing tariffs for electricity customers.