Savings calculator

Make the most of your time of use plan with GridSmart

GridSmart Hot Water Savings Calculator

Your hot water usage

Make your hot water cylinder work smarter for you.

min
min

Electricity prices

For more on electricity prices, visit sites like Billy or Powerswitch.

$
/kWh
Used as the baseline for savings
$
/kWh
$
/kWh

Your potential savings

Estimated annual hot-water savings for each type of electricity plan.

Assumptions

  • Cylinder charged to 70°C.
  • Showers at 10 litres/minute at 40°C.
  • Cold water at 15°C.
  • Charge is limited by element kW multiplied by cheaper-period hours available.
  • GridSmart can shift up to 75% of storage capacity into a single cheaper window.
  • Beyond this shift, GridSmart can shift 30% of every kWh used, without exceeding cheaper-window capacity.
  • For two cheaper periods, GridSmart prioritises the cheaper window. If night is cheaper than off-peak, off-peak charging is generally limited to what is needed for evening hot-water use.
  • Savings are calculated against the peak rate.