Advice on what tarrif

Hugh

Hi, I live in a 3 bed semi detached house. I have both gas and electric heating. Bedrooms/ bathroom have thermostatically controlled electric heaters. Kitchen and living room are heated by gas fires, hallway has large storage heater. I am on economy 7 tarrif and wonder whether I would be better off on a standard domestic tarrif. My d/debit bill is £100 pm. How do I work out what tarrif is best?
Thanks
Hugh

caveat_emptor

You need to know your usage from your meter readings and then calculate which supplier and/of tariff is best for you.

Hugh

End of October bill was showing 1600 kwh day use, 585 kwh night usage, so would it be best to come off economy 7? Currently on capped price structure with Powergen.

caveat_emptor

Hugh wrote:

End of October bill was showing 1600 kwh day use, 585 kwh night usage, so would it be best to come off economy 7? Currently on capped price structure with Powergen.

If you come off E7 then you'll be paying a lot more for your night usage. If your going to use the 585kwh during the night anyway you might as well stay with E7 if not then ditch it.

Cardew

Hugh wrote:

End of October bill was showing 1600 kwh day use, 585 kwh night usage, so would it be best to come off economy 7? Currently on capped price structure with Powergen.

There is another variable - the area of UK you live in. The tariffs vary.

You are using 27% of electricity at E7 rates; generally that is fairly close to the 'break even' point so I suspect there will not be a lot in it.

All you need to do is look at the 'normal' tariff for your area and work out what 2185 kWh would cost. Don't forget to take into account the standing charge or the increased charge for the first units.

Also bear in mind that E7 has greater advantages in the winter when you use storage heating. You are better looking at a complete years consumption.

One last point, some utility companies have more attractive E7 rates than others. So if Powergen's tariff is not saving you money that doesn't mean another company's tariff won't.