Eon Economy 10

locket15

does anyone else have this heating plan?
We are on econ 10 and it seems to be THE MOST expensive tariff about!
anyone shed any light on it for me? :mad:

smogit2

Economy 10 has 3 offpeak periods a day and the rest is onpeak.

Economy 10 onpeak will likely be the most expensive electricity around compared to other types of tariff, and the offpeak will be a bit more expensive than the offpeak of economy 7 tariffs (which have just one off peak period a day overnight).

Economy 10 is designed for people with high electricity use who need to use it several times a day (during the off peak periods). (do a google search to get some general info)

If you have no exceptional electricity requirements get your meter changed to a standard one-rate tariff.

If you have storage heaters, then economy 7 may work cheaper - as long as you don't need them on during the day.

If you have some other electrical use - or other types of electrical heating, make sure only use them in the off peak periods!

Premier_2

locket15 wrote: »

does anyone else have this heating plan?
We are on econ 10 and it seems to be THE MOST expensive tariff about!
anyone shed any light on it for me? :mad:

I'm not sure what you are comparing it to.

But comparing it to other tariffs you can probably have without major changes it's also probably THE CHEAPEST tariff. That's because you have no choice, sorry.

Attempting to change (without knowing what you are doing and making the necessary changes) invariably ends in tears.

Former_E.ON_Company_Representative:_Malc

Hi locket

Economy 10 is specifically designed for all electric properties with storage heaters.

It allows customers 10 hours of lower cost off peak electricity for water heating and household heating purposes. As smogit says, this is spread throughout the day in three separate sections.

Within this period there are 5 hours where other appliances like washing machines, tumble dryers etc can be used at the cheaper rate.

The actual switching times vary depending on the metering set up and the region.

As this is a bit of a hybrid set up, we only have the one tariff available. I believe other suppliers can support Economy 10 meters but you would need to ask them individually.

The other option is to change the meter to a more conventional single rate or Economy 7 type. However, I always advise caution before going down this route.

The meter will be wired directly into the water/heating circuits at your property and changing it could have implications in these areas.

Therefore, I would recommend you arrange for an independent approved electrician to check over your set up first.

Hope this is useful locket. Give me a shout if I can help further as will be happy to do so.

Malc

Premier_2

E.ON_Company_Representative:_Malc wrote: »

...I believe other suppliers can support Economy 10 meters but you would need to ask them individually...

Be extremely careful if approaching other suppliers who claim to offer E10.

(a) I'm not sure of any supplier who will actually accept new subcribers onto an E10 tariff - Eon is the only supplier who I know may allow this
(many suppliers who have E10 only have this as a legacy tariff for existing subscribers)
(b) One supplier's E10 may be very different to another's
(c) the average phone jocky at a call centre hasn't a clue about E10, but will happily sign you up especially if it means they get a bonus

This may result in a totally unsuitable tariff. As I said attempting to change unless you really know what you are doing invariably ends in tears with this type of tariff.


The rest of Malc's post in very good advice, especially about getting a professional in before agreeing to any changes in tariff, to ensure what you are planning would actually be ok.

amychats

i know i'm hijacking here,but i'm new to this and dont really know where to post?i have economy 7,a 5 terminal pre payment meter.my storage heaters are wired into this 5th terminal to be controlled by a timeswitch,everything else is in another terminal,but does that mean only the storage heaters are cheaper at night,or everything is cheaper at night?if everything is,then i'd like to get an electric timer to make my immersion come on at night too to make the most of this.