We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Electric Storage Heating

I already have it and am stuck with it.

I'm just wondering if anybody here has any idea what kind of impact it will have on my bills (meter) if I turn it on? I'm cold but poor!

:beer: in advance.
Leftie and proud :beer:

Comments

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I can confidently say that the more you turn your heating on, the more electricity it will use and the more you will pay...
    If you are on an E7 tariff (as you should be with storage heaters), then it's pretty pointless not to use them, as on E7 you are paying a premium rate for all your peak rate consumption. So if you're not going to use them and get the off peak saving, switch to a standard rate tariff.
    Very hard to give any meaningful info without knowing what your current usage/bills are.
    Are you on the cheapest tariff?
    No free lunch, and no free laptop ;)
  • amber1979
    amber1979 Posts: 3,332 Forumite
    That's a good point - I'm not entirely sure which tarrif I'm on - we're with N-Power if that's any help.

    I'm going to check.
    Leftie and proud :beer:
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Not really, each supplier has dozens, if not hundreds of tariffs-the details are on your bill.
    Then go to one of the comp sites recommended on the main board, put in your annual consumption figures in kWh (not your monthly DD payment) and see what come up. Then switch (if necessary) using a cashback site.
    No free lunch, and no free laptop ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.2K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.