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Economy 7 removal of meter
After being advised in this thread using imeasure I have noticed that being on economy 7 is not a good idea. My usage for both gas & electricity is approx £26.00/week and is made up as follows.
£3.50/week for gas, and roughly £20.50/week for electricity of which £2.00 max/week is economy 7 usage. I am paying 4.890p per unit on nightime rate and 12.270p on daytime rate. Does anyone know how to go about having an economy 7 meter changed to a 1 rate meter? and if there is a charge?
Cheers
£3.50/week for gas, and roughly £20.50/week for electricity of which £2.00 max/week is economy 7 usage. I am paying 4.890p per unit on nightime rate and 12.270p on daytime rate. Does anyone know how to go about having an economy 7 meter changed to a 1 rate meter? and if there is a charge?
Cheers
0
Comments
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You request a single rate tariff from your supplier, they may or may not change the meter depending on their policy.
They can simply use the sum of the two readings instead.That gum you like is coming back in style.0 -
Some companies don't require a change of meter(EON, OVO and BG to name but three and there will be others)
They simply add the two readings together and it is treated as one total. e.g. 1,000kWh on the Cheap rate E7 meter and 4,000kWh on the day rate meter is treated as 5,000kWh as if you had a 'normal' meter.
Those that don't allow this method should change your meter for no cost.0 -
...Does anyone know how to go about having an economy 7 meter changed to a 1 rate meter? and if there is a charge?
Cheers
Contact your supplier, nPower I believe.
Responses from others suggest nPower may or may not agree to bill you on a single rate whilst you have a dual rate meter.
The good news is that where they don't nPower will not charge you to have the meter changed (which would then allow you to switch to any supplier as not all suppliers will allow you to be charged a single rate tariff on a dual rate meter, and at least one of the big six will charge you to change the meter)"Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100 -
Contact your supplier, nPower I believe.
Responses from others suggest nPower may or may not agree to bill you on a single rate whilst you have a dual rate meter.
The good news is that where they don't nPower will not charge you to have the meter changed (which would then allow you to switch to any supplier as not all suppliers will allow you to be charged a single rate tariff on a dual rate meter, and at least one of the big six will charge you to change the meter)
thanks for replies.
I contacted Npower and their response to my email was
"Thank you for your email.
Yes you would find that changing the meter to a single rate meter would be more beneficial money wise, especially considering that you have Gas central heating as you don’t have the facility to use the Electric during the night as the storage heaters are no longer used. In terms of the meter itself this would be physically changed to a single rate meter, therefore I would advise call us on telephone number 0845 602 6363 and we can arrange this around yourself in terms of dates and times. "
I have now rang them and get my meter changed on 10th August. Until then I have to stay on the 2 tariff system. At least it looks my bill should reduce by a third per year
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...At least it looks my bill should reduce by a third per year
Sounds good, but I think you've probably over-estimated any likely savings.
I don't know the details of your tariff, but typically daytime rates on E7 are only about 10% more than the comparable single rate, whilst cheap rate is about 50% less.
Even if you didn't use any cheap rate (unlikely), the most you'd save would be about 10% (depending on the exact tariff)"Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100 -
Sounds good, but I think you've probably over-estimated any likely savings.
I don't know the details of your tariff, but typically daytime rates on E7 are only about 10% more than the comparable single rate, whilst cheap rate is about 50% less.
Even if you didn't use any cheap rate (unlikely), the most you'd save would be about 10% (depending on the exact tariff)
I may have cocked up a bit in my calculations but im still saving. My current tariff is (840units) 4.890p/night rate and (3177 units) 12.270p/day rate. So where my current bill is £452.45 inc VAT my new bill (4017 units) @ 8.5901p/unit would be £344.28 inc VAT 0 -
Are you sure those are the correct rates for equivilent tariffs?
You would need to be using at least 50% night time usage to make E7 beneficial at those rates! :eek: (Mind you, I wouldn't put anything past nPower)
Typically, break even is about 20% - 35% night time usage"Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100 -
Are you sure thjose are the correct rates for equivilent tariffs?
You would need to be using at least 50% night time usage to make E7 beneficial at those rates! :eek: (Mind you, I wouldn't put anything past nPower)
Typically, break even is about 20% - 35% night time usage
Yes they are correct. My dad switched at the same time as me to the same tariff, only difference is he is on the single tariff as opposed to the E7 tariff, so i have used his charges to work out what mine would have been. Its really depressing realising how much money over the odds Ive been spending, especially when I reckon we have had the GCH for approximately 6 years or so. Npower are estimating my next years usage as 7862 kWh electricity and 7766 kWh gas. When i go on the comparison sites it does question my usage of electricity. I use gas for heating, hot water and hob cooking, while Electricity is for lighting, washing machine, tumble drier (i try to avoid using) and dishwasher (again i try and avoid) and cooking in the oven.0 -
... Npower are estimating my next years usage as 7862 kWh electricity ...
Have you asked nPower to explain why they believe you will be using that much electricity next year, when you say you only used 4017kWh last year? :eek:
SSE have admitted their computer programme generates misleading figures, but they have assured me they will be addressing that. Are nPower also giving misleading information - informatiuon they've been instructed to give by Ofgem to allow consumers to better manage their bills?
What supply area are you in (or first part of your postcode)?
8.5901p per kWh seems remarkably cheap."Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100 -
Have you asked nPower to explain why they believe you will be using that much electricity next year, when you say you only used 4017kWh last year? :eek:
SSE have admitted their computer programme generates misleading figures, but they have assured me they will be addressing that. Are nPower also giving misleading information - informatiuon they've been instructed to give by Ofcom to allow consumers to better manage their bills?
What supply area are you in (or first part of your postcode)?
8.5901p per kWh seems remarkably cheap.
sorry, my 4017 is for 6 months, jan - july
postal area WN40
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