Ecpnomy 10 Meter

bestie.tom · 13 March 2017 at 5:04PM

I am currently with Eon, as I have an economy 10 meter. as far as I am aware, there are no other energy providers that I can switch to as Eon is the only company that has an economy 10 tariff, so I am now going to be stuck with the price increase that is being imposed by Eon. any Ideas on what to do?

phillw · 13 March 2017 at 5:52PM

bestie.tom wrote: »

I am currently with Eon, as I have an economy 10 meter. as far as I am aware, there are no other energy providers that I can switch to as Eon is the only company that has an economy 10 tariff, so I am now going to be stuck with the price increase that is being imposed by Eon. any Ideas on what to do?

There is a list of suppliers from December that would provide economy 10 or provide economy 7 with an economy 10 meter on economy10.com

https://economy10.files.wordpress.com/2016/12/economy10-com-survey-results-dec-20163.pdf

I think it's compiled by someone from scotland, so it may not be completely relevant for your area. You can try to contact him for more information though.

Richie-from-the-Boro · 13 March 2017 at 6:55PM

E10 is a legacy tariff with high prices and no competition.No consumer wants it, no supplier wants to support it. GOV makes the few remaining suppliers continue their support.

If you could switch to one of the few remaining suppliers you would almost certainly be in the exact same situation. Changing meters to E7 then getting a competitive tariff is your only solution. Best of luck.

phillw · 13 March 2017 at 7:55PM

Richie-from-the-Boro wrote: »

Changing meters to E7 then getting a competitive tariff is your only solution.

Economy10.com suggests that you can switch to an E7 tariff with an E10 meter with some providers. I assumed it worked in the same way as an E7 meter with a standard tariff and you just add up some of the numbers. Although it may depend on the meter you have as some appear to have three readouts and some have two. Replacing the meter will be expensive, you'd need to factor that in.

I think Smart Meters can cope with standard & e7 tariffs, so when SMETS2 starts rolling out then it might be worth getting one as you won't be charged for that.

footyguy · 13 March 2017 at 9:43PM

bestie.tom wrote: »

I am currently with Eon, as I have an economy 10 meter. as far as I am aware, there are no other energy providers that I can switch to as Eon is the only company that has an economy 10 tariff, so I am now going to be stuck with the price increase that is being imposed by Eon. any Ideas on what to do?

I'm not sure the price rise will necessarily be applicable to you will it?
I thought it was their stanbdrad variable rate that was being increased, and yoiu are not on that

Do not attempt to switch supplier with your existing metering.
Attempts by others in the past who have tried invariably ended up in tears.

So options?
Move
or
Get an expert in to tell you what you need to get the metering changed (may include re-wiring or appliance changes too - not cheap)

Former_E.ON_Company_Representative:_Malc · 14 March 2017 at 10:59AM

bestie.tom wrote: »

I am currently with Eon, as I have an economy 10 meter. as far as I am aware, there are no other energy providers that I can switch to as Eon is the only company that has an economy 10 tariff, so I am now going to be stuck with the price increase that is being imposed by Eon. any Ideas on what to do?

Hello bestie.tom and welcome to the Forums.

It depends on what type of Economy 10 meter you have. If it's the older three rate type (usually says peak, off peak and stored heat on bills), you won't be affected by our recent price increase announcement. You'll stay on the same prices as now. These meters also have two Meter Point Administration Numbers (MPANs). These, too, will be on your bills.

If you've a newer two rate Economy 10 meter (peak and off peak) with only the one MPAN, your prices will go up in line with our announcement. The actual prices will depend on the region you're in. We've started sending letters to those affected by the increase.

Whichever type of Economy 10 meter you have, we've only the one tariff available. It's certainly possible, though, to change supplier or the meter. As others have said, some of the different suppliers do support Economy 10 meters.

Economy 10 meters are designed mainly for all electric properties with storage heaters and electric water immersion heaters. They give 10 hours of cheaper off peak electricity in each 24 hour period for heating and hot water. This is split into three time slots in the afternoon, evening and at night.

To work, meters are wired into the heating circuits at individual properties. This lets them automatically switch heaters on/off during the off peak times. Because of the way they're wired into the heating circuits, it's best to ask a qualified electrician to check if changing the meter will have any implications for the heating and hot water.

With the older 3 rate meters, only the 5 hours at night is for all usage. The other 5 hours are for heating/hot water coming through the dedicated circuits. With the newer, 2 rate meters, all 10 hours is for all electricity used.

We're currently looking to change the older 3 rate meters for either a 2 rate or the more widespread Economy 7/single rate. There's no charge and a specialist team is looking after these changes. They're the 'Simpler Metering' team. With the more up to date 2 rate meters, there's a charge of £64.76 (including VAT) to change the meter.

Hope this is of interest bestie.tom. Let me know if you need any more information as happy to help.

Malc

Rubidium · 14 March 2017 at 11:19AM

bestie.tom wrote: »

I am currently with Eon, as I have an economy 10 meter. as far as I am aware, there are no other energy providers that I can switch to as Eon is the only company that has an economy 10 tariff, so I am now going to be stuck with the price increase that is being imposed by Eon. any Ideas on what to do?

Legislation has been approved that will make it easier for restricted meter customers to change tariff and/or supplier

This order was made under the market investigation provisions of the Enterprise Act 2002 see here

The order requires electricity suppliers with more than 50,000 customers:

* to allow restricted meter (RM) customers to switch to non-RM tariffs. Switching to a non-RM tariff cannot be conditional on a change of meter or the payment of additional charges;

* to inform their RM customers that they can switch their supplier and/or switch to a non-RM tariff as set out above. Contact information for Citizens Advice must also be provided. Information must be provided in customers’ bills and other regular written communications.

Perhaps wait a few months until suppliers have to conform to this new order by Sept 2017?

matelodave · 14 March 2017 at 11:36AM

As Malc the EoN man says, you may need some rewiring to get your heating & hot water to work from an E7 supply. The £64 cost might be negligible compared with sorting out your house wiring.

That cost will be down to you so you need to get an electrician in to check how the house is wired before getting your meter changed - the last thing you'll want is your storage heaters coming on during the peak times in the afternoon and evenings.

You may also find that the heating is sized to require a boost in the afternoon and evenings and so may not be able to store enough heat in a single overnight charge, so may need upgrading or even forcing you to use peak rate heating if you aren't warm enough. All these costs will be down to you as well.

Former_E.ON_Company_Representative:_Malc · 14 March 2017 at 6:44PM

matelodave wrote: »

As Malc the EoN man says, you may need some rewiring to get your heating & hot water to work from an E7 supply. The £64 cost might be negligible compared with sorting out your house wiring.

That cost will be down to you so you need to get an electrician in to check how the house is wired before getting your meter changed - the last thing you'll want is your storage heaters coming on during the peak times in the afternoon and evenings.

You may also find that the heating is sized to require a boost in the afternoon and evenings and so may not be able to store enough heat in a single overnight charge, so may need upgrading or even forcing you to use peak rate heating if you aren't warm enough. All these costs will be down to you as well.

Spot on matelodave. Sorry, should've mentioned these costs.

Malc

Rubidium · 14 March 2017 at 9:35PM

matelodave wrote: »

As Malc the EoN man says, you may need some rewiring to get your heating & hot water to work from an E7 supply. The £64 cost might be negligible compared with sorting out your house wiring.

That cost will be down to you so you need to get an electrician in to check how the house is wired before getting your meter changed - the last thing you'll want is your storage heaters coming on during the peak times in the afternoon and evenings.

The new restricted meters order 2016 mentioned above, states that suppliers will have to change the meter/s for customers on restricted hour tariffs if they request to change to a standard tariff, at no cost to the customer.

Obviously customers who currently have a timeswitch/contactor meter arrangement to control when heating is enabled, will be fitted with a suitable replacement meter by the supplier as required, therefore the customer will not be required to arrange or pay for any electrician or for wiring changes to be made.

This is why condition 22G has been added to the electricity supply license and suppliers will provide must submit, on an annual basis, a Restricted Meters Remedy Compliance Statement to the CMA the first to be submitted by 30 September 2017.

matelodave wrote: »

You may also find that the heating is sized to require a boost in the afternoon and evenings and so may not be able to store enough heat in a single overnight charge, so may need upgrading or even forcing you to use peak rate heating if you aren't warm enough. All these costs will be down to you as well.

Changing from a restricted hour tariff such as E10, Heatwise etc. will not suit everyones requirements but many customers have been held to ransom on these rip off tariffs and unable to heat their homes because of the uncompetitive, rates that they have been locked into. The recent changes to the electricity supply license should finally put an end to this sad situation and I would have expected the energy reps to be aware of this by now.

matelodave · 15 March 2017 at 12:29AM

Changing the meter at no cost to the customer doesn't mean that the supplier has to bear the cost of rearranging the consumers wiring or electrical system to suit the new meter if the system is incompatible.

Ecpnomy 10 Meter

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