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Moving house to Economy7

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  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    However as we still have an economy7 meter (seperate day / night meters) we are still paying the economy7 rates which have higher rates for the "day" part than standard (single meter) rates of electricity.We do try to use tumble dryers/washing machines/dishwashers etc on cheaper night rate periods but the night rate is still less than 10% of our consumption.
    Does anyone know how to switch from economy7 back to standard tariffs?
    Thanks
    It depends upon the company I believe.

    I did exactly what you require i.e. reverted to a 'normal' tariff.(with BG)

    I still retain my Economy 7 meters but BG just aggregate the readings on both and it is treated as one reading. e.g. 'night'(E7) meter reads 200kWh, day meter reads 1,000kWh and I am billed for 1,200kWh at normal rates.

    Some people have posted that other companies do the same, some insist on new meters which they fit for free, others charge for fitting the meters.
  • Magentasue wrote: »
    Yes, if there is a choice between storage heaters and freestanding electric heaters, it may be cheaper to go for the latter on a single tarriff. But I'm not sure this would be true for a family - I believe you are a one or two person household, amtakuk? Depends on size of house, how well insulated, how you like to live etc. You'd certainly need to do some careful costing and storage heaters would be more help with drying washing in the winter.

    Unless it's an exceptional house in a stunning location, I'd look for one with gas central heating if you don't want to pay more than you already do.

    Hi,

    I am dreading my electricity bills this winter - I live in a studio flat with Economy 7 and a (very old) night storage heater. The heater never seemed to get very warm with the timer so I just decided to switch it on & off manually between 11pm and 7am. This certainly got the place warm enough, but my energy bills have always been shockingly higher during winter despite electricity supposedly being cheaper at night...
    However I also have an 'eco-friendly' 3Kw convector heater which switches itself on & off to maintain a set temperature. Do you (or anyone, in fact!) think it would be cheaper to abandon the storage heater as much as possible in favour of the convector?

    Thanks.
  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Hi,

    However I also have an 'eco-friendly' 3Kw convector heater which switches itself on & off to maintain a set temperature. Do you (or anyone, in fact!) think it would be cheaper to abandon the storage heater as much as possible in favour of the convector?

    Thanks.
    Believe me there is no such thing as an 'eco friendly' 3 kW heater.

    In any discussion about electrical heaters there is one fundamental fact you must remember.

    That is, all electrical heaters are 100% efficient and give out exactly the same amount of heat for the power(electricity) consumed and therefore costs the same.

    The advantage of storage heaters is simply that they consume power at night when your Economy 7 electricity is approx one third if the price of daytime electricity. They store the heat and release it during the day/evening.

    There are of course disadvantages to storage heating(discussed in other threads) but it will be cheaper than using any other form of heater on daytime rates.
  • Hi everyone.
    I wanted to say thanks to you all for your responses so far! Just to give you a progress report as well.
    I spoke to the current tennant of the cottage we are looking at. He say's that he also pay's a fixed monthly direct debit to E.on of £51 and is managing to say in credit. We are paying £130 a month for both G+E. (sorry, put the wrong figure of £115 in my OP!) If £51 is true then it looks like we could manage there.
    He showed me the electricity meter which has 2 lines of numbers, standard rate and low rate if i remember correctly. Apparrently, the electricity just switches over to low rate at around 11.30 pm.
    Does this sound right? Don't forget, i am an E7 newbie!!
  • Magentasue
    Magentasue Posts: 4,229 Forumite
    Apparrently, the electricity just switches over to low rate at around 11.30 pm.
    Does this sound right? Don't forget, i am an E7 newbie!!

    Yes, that sounds right.

    I think you really want this house but I'd be wary about underestimating the cost. If you are currently paying £130 a month, I would budget for this in the new house whatever the current tenant says. Your current usage is by no means low and is unlikely to reduce in a similar sized house with storage heaters, IMO.
  • Hi,

    I am dreading my electricity bills this winter - I live in a studio flat with Economy 7 and a (very old) night storage heater. The heater never seemed to get very warm with the timer so I just decided to switch it on & off manually between 11pm and 7am. This certainly got the place warm enough, but my energy bills have always been shockingly higher during winter despite electricity supposedly being cheaper at night...
    However I also have an 'eco-friendly' 3Kw convector heater which switches itself on & off to maintain a set temperature. Do you (or anyone, in fact!) think it would be cheaper to abandon the storage heater as much as possible in favour of the convector?

    Thanks.

    For me it has worked as it being a convector heater you can come in and put the thermostat on full until the room is warm then back the thermostat off until you heat it "click" then it should keep the temp about stable. Its how I work as Im not heating my house when Im not in.
  • Hi everyone.
    I wanted to say thanks to you all for your responses so far! Just to give you a progress report as well.
    I spoke to the current tennant of the cottage we are looking at. He say's that he also pay's a fixed monthly direct debit to E.on of £51 and is managing to say in credit. We are paying £130 a month for both G+E. (sorry, put the wrong figure of £115 in my OP!) If £51 is true then it looks like we could manage there.
    He showed me the electricity meter which has 2 lines of numbers, standard rate and low rate if i remember correctly. Apparrently, the electricity just switches over to low rate at around 11.30 pm.
    Does this sound right? Don't forget, i am an E7 newbie!!

    If you dont have/use storage heaters you NEED to speak to Eon as the T1 rate is much higher than standard rate. By the sound of it you do have a White meter / Economy 7 meter. How do you heat you're water? Is it on an economy 7 timer?
  • amtrakuk wrote: »
    If you dont have/use storage heaters you NEED to speak to Eon as the T1 rate is much higher than standard rate. By the sound of it you do have a White meter / Economy 7 meter. How do you heat you're water? Is it on an economy 7 timer?

    The hot water in the house we are looking at is heated electrically using an immersion heater. I noticed there was a timer on the electric feed to the hot water cylinder but it just looked like the basic sort of timer you would find at B&Q with the plastic tabs you move on the clock dial. Would an Economy 7 timer be more obvious? Btw, we are using a combi boiler in our present home.
  • Magentasue
    Magentasue Posts: 4,229 Forumite
    The economy 7 timer controls the meter rather than just the tank. The timer you saw was to switch the hot water on (probably early morning within the E7 period).

    In your first post, you said the house had storage heaters and Economy 7, I think amtrakuk had missed that and was warning you that storage heaters would be expensive to run without E7.
  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    The hot water in the house we are looking at is heated electrically using an immersion heater. I noticed there was a timer on the electric feed to the hot water cylinder but it just looked like the basic sort of timer you would find at B&Q with the plastic tabs you move on the clock dial. Would an Economy 7 timer be more obvious? Btw, we are using a combi boiler in our present home.

    Some immersion heaters are connected to the mains, so will operate all the time unless they have a timer.

    Your timer seems like mine. It is inserted in the mains feed to the immersion heater. If I were to use the immersion heater on Economy 7 I would simply set it to operate for a period during the 7 hours cheap rate. - mine has an override facility where I can put the immersion on for an extra hour.

    As said above if you are on an Economy 7 tariff the whole house electricity supply is switched to the Economy 7 meter. This can either be by a mechanical clock near the meter, or remotely by radio.
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