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Which of the following is the best Eco 7 plan?
These were the best Economy 7 plans that a comparison search came up with for my area. I do plan to switch to GCH eventually but currently saving up.
Would appreciate your feedback on the plans below or do you believe I should change meter and switch to a standard tariff?
NPOWER – Sign Online 18 plan
Standing charge £15.75Q
Unit Rates 1 10.5105p
Unit Rates 2
Unit Rates 3
Economy 7 Rate 4.8825p
Discount: £42.00 per year.
The savings quoted include any discounts associated with this tariff. The discounts will be paid to you annually in arrears from your final bill of each 12-month period. To qualify, you must take your supply from npower and pay by the same payment method for a full 12 month period – this period does not have to be a Jan-Dec calendar year. Customers signing up to this tariff will receive paperless billing. Customers on this tariff are guaranteed a 2% lower bill than npower’s Standard cash/cheque bills until 30th June 2011. The guarantee applies to customers with average electricity consumption of 3,300 kWh, and includes the monthly direct debit discount. There is a £20 cancellation fee for this tariff if customers switch away before the end date.
All costs are inclusive of VAT
British Gas – Web saver 7 plan
Standard Charge - Electricity
Standing charge £0.00
Unit Rates 1 31.3877p Up to 500Kwh
Unit Rates 2 9.8291p
Unit Rates 3
Economy 7 Rate 3.9155p
Discount: £40.00 (1.429 p/Kwh on tier 2 and night units (if applicable) electricity up to £40.00 per year).
Electricity customers paying by Monthly Direct Debit will receive a discount off their quarterly Tier 2 consumption charges (and night rates where applicable) of 1.429 p/kWh up to a maximum of £10 per quarter.
Customers signing up to British Gas's Websaver 7 will receive a minimum 6% discount against British Gas's standard tariff prices until 1st July 2011. There is a cancellation fee of £30 for electricity if you cancel your contract and switch away from WebSaver 7 prior to 1st July 2011. Customers must manage their energy account online and receive their bills online, although there is a dedicated telephone number in the event that customers need to contact British Gas. British Gas also request that you submit your meter readings regularly online.
Southern Electric – Go Direct 4
Standard Charge - Electricity
Standing charge £0.00
Unit Rates 1 18.90p Up to 1456Kwh
Unit Rates 2 14.05p
Unit Rates 3
Economy 7 Rate 5.38p
Discount: 22.60% per year.
Paperless billing is a mandatory. Online account management, including meter readings through SSE's online service. If the customer changes to another available Go Direct Discount or leaves SSE at any time before 30th June 2011 an exit fee of £50 will be charged. After 30th June 2011 the Go Direct 4 discount will become SSE's standard energy online discount applicable at the time.
Direct debit customers receive a discount of 5% off the unit rates. Go Direct customers receive a further discount of 17.6% off the unit rates, only available until 30th June 2011.
All costs are inclusive of VAT.
LoCO2 Energy – Pocket Fix Direct
Standard Charge - Electricity
Standing charge £5.46 per month
Unit Rates 1 10.22p
Unit Rates 2
Unit Rates 3
Economy 7 Rate 5.23p
LoCO2 Energy's Pocket Saver prices are fixed for 12 months beginning on the day LoCO2 starts supplying your energy. There is a cancellation fee of £30 if you switch away before the end of the fixed price period.
All costs are inclusive of VAT.
EDF – Online Saver v6
Standard Charge - Electricity
Standing charge £0.17 per day
Unit Rates 1 11.4765p
Unit Rates 2
Unit Rates 3
Economy 7 Rate 4.8510p
Discount:
6.00% per year.
Minimum 2% discount off standard rates until end of June 2011. Termination fee of £25 per fuel may be applied if customer changes supplier.
All costs are inclusive of VAT.
Would appreciate your feedback on the plans below or do you believe I should change meter and switch to a standard tariff?
NPOWER – Sign Online 18 plan
Standing charge £15.75Q
Unit Rates 1 10.5105p
Unit Rates 2
Unit Rates 3
Economy 7 Rate 4.8825p
Discount: £42.00 per year.
The savings quoted include any discounts associated with this tariff. The discounts will be paid to you annually in arrears from your final bill of each 12-month period. To qualify, you must take your supply from npower and pay by the same payment method for a full 12 month period – this period does not have to be a Jan-Dec calendar year. Customers signing up to this tariff will receive paperless billing. Customers on this tariff are guaranteed a 2% lower bill than npower’s Standard cash/cheque bills until 30th June 2011. The guarantee applies to customers with average electricity consumption of 3,300 kWh, and includes the monthly direct debit discount. There is a £20 cancellation fee for this tariff if customers switch away before the end date.
All costs are inclusive of VAT
British Gas – Web saver 7 plan
Standard Charge - Electricity
Standing charge £0.00
Unit Rates 1 31.3877p Up to 500Kwh
Unit Rates 2 9.8291p
Unit Rates 3
Economy 7 Rate 3.9155p
Discount: £40.00 (1.429 p/Kwh on tier 2 and night units (if applicable) electricity up to £40.00 per year).
Electricity customers paying by Monthly Direct Debit will receive a discount off their quarterly Tier 2 consumption charges (and night rates where applicable) of 1.429 p/kWh up to a maximum of £10 per quarter.
Customers signing up to British Gas's Websaver 7 will receive a minimum 6% discount against British Gas's standard tariff prices until 1st July 2011. There is a cancellation fee of £30 for electricity if you cancel your contract and switch away from WebSaver 7 prior to 1st July 2011. Customers must manage their energy account online and receive their bills online, although there is a dedicated telephone number in the event that customers need to contact British Gas. British Gas also request that you submit your meter readings regularly online.
Southern Electric – Go Direct 4
Standard Charge - Electricity
Standing charge £0.00
Unit Rates 1 18.90p Up to 1456Kwh
Unit Rates 2 14.05p
Unit Rates 3
Economy 7 Rate 5.38p
Discount: 22.60% per year.
Paperless billing is a mandatory. Online account management, including meter readings through SSE's online service. If the customer changes to another available Go Direct Discount or leaves SSE at any time before 30th June 2011 an exit fee of £50 will be charged. After 30th June 2011 the Go Direct 4 discount will become SSE's standard energy online discount applicable at the time.
Direct debit customers receive a discount of 5% off the unit rates. Go Direct customers receive a further discount of 17.6% off the unit rates, only available until 30th June 2011.
All costs are inclusive of VAT.
LoCO2 Energy – Pocket Fix Direct
Standard Charge - Electricity
Standing charge £5.46 per month
Unit Rates 1 10.22p
Unit Rates 2
Unit Rates 3
Economy 7 Rate 5.23p
LoCO2 Energy's Pocket Saver prices are fixed for 12 months beginning on the day LoCO2 starts supplying your energy. There is a cancellation fee of £30 if you switch away before the end of the fixed price period.
All costs are inclusive of VAT.
EDF – Online Saver v6
Standard Charge - Electricity
Standing charge £0.17 per day
Unit Rates 1 11.4765p
Unit Rates 2
Unit Rates 3
Economy 7 Rate 4.8510p
Discount:
6.00% per year.
Minimum 2% discount off standard rates until end of June 2011. Termination fee of £25 per fuel may be applied if customer changes supplier.
All costs are inclusive of VAT.
0
Comments
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British Gas appears to be the best deal but what do you guys think?0
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Depends on your usage, what figures do you have?0
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Why are you questioning the results from the comparison site you used?0
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What area are you in?0
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Impossible for anyone to give you an answer without knowing your total annual consumption and the percentage of that electricity you will use at night in the 7 hours.
Is your house 1 bed or 10 bed? modern well insulated? How many people? In all day or at work? Presumably storage heaters?0 -
Gone on then, do tell.That gum you like is coming back in style.0
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3 bedroom semi-detached in greater west London (Feltham), storage heater in every room, immersion boiler, no gas and central heating, and average insulation.
Just my self and my wife. Work 9 to 6pm but I work from home 2 days a week. Average persons electric use during day, evenings and weekend.
I have never been on Eco 7 or any electric only plan, always been Gas and central heating. This is my first house, living with parents entire life apart from uni.
Not sure what else u will need lol0 -
3 bedroom semi-detached in greater west London (Feltham), storage heater in every room, immersion boiler, no gas and central heating, and average insulation. Current supplier southern on Eco 7 - seems to be popular on these forums!
Just my self and my wife. Work 9 to 6pm but I work from home 2 days a week. Average persons electric use during day, evenings and weekend. Mostly wash cloths in evening or weekend but can switch to night time for Eco 7.
I have never been on Eco 7 or any electric only plan, always been Gas and central heating. This is my first house, living with parents entire life apart from uni.
Can not afford Gas and central heating yet but may be after I save a bit more. Considering switching meter to standard electric if cheaper.
Not sure what else u will need lol0 -
Well that just shows how hard to work it out is, I've put in my last years E7 consumption and Atlantic come out top. Not even on your list. can you ask previous tentants for an idea of how much they used?0
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