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How much should I be charged

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  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    But given that about 80% of customers with a credit meter are still on Standard tariffs (obviously not MSE users of course), it may well not be any more expensive on a PPM for most.
    No free lunch, and no free laptop ;)
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    macman wrote: »
    But given that about 80% of customers with a credit meter are still on Standard tariffs (obviously not MSE users of course), it may well not be any more expensive on a PPM for most.
    Agreed (with the 80% figure)..and it may not even be "are still". It is a hassle switching every 12-18 months so most people will do it once don't see much in the way of savings and the supplier switches them back to the standard rate after the deal ends. The customer doesn't see the point in switching so just leaves it the way it is. They'll continue to save a small amount as they are probably now on a dual-fuel tariff but compared to PPM it isn't much.

    PPM's can be switched to more competitive tariffs. Low users are usually best on Ebico (due to no standing charges and no primary unit rates)...but worth checking comparison websites as higher use on Ebico is the most expensive.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • I agree with #10, 15 minutes a day would do very little, and make very little short of long term impact of the room comfort.

    For the O/P, [or anyone else], use the below to get a grip on the 'real' costs of electricity supply regardless of tariff or metering type.

    Formula: running cost = kW x how many hours its switched on x cost = £0.00

    Costs are easy to work out for any heater, in this example I'll use a living room sized heater of 3.4kW, and an on peak price of just 5.5p .. .. so :

    3.4 (kW) x 7 [hours] x 5.5 [p] electricity cost = £1.309p

    Other examples of heater size for the same 7 hours at the same 5.5p night tariff would be :

    850w [0.85kW] Storage Heater = £0.327p per 7 hour period
    1700w [1.7kW] Storage Heater = £0.654p per 7 hour period
    2550w [2.55kw] Storage Heater = £1.249 per 7 hour period
    3400w [3.4kW] Storage Heater = £1.309 per 7 hour period

    If anyone needs to know exactly how much any sized storage heater costs per hour or per night just change the BLUE figure for the size of your heater and the RED figure above for your own actual cost and you will be about on the button.

    NOTE01 : The above figures are from cold, where the input will be continuous with little cycling of the input stat in the early changing state.
    Disclaimer : Everything I write on this forum is my opinion. I try to be an even-handed poster and accept that you at times may not agree with these opinions or how I choose to express them, this is not my problem. The Disabled : If years cannot be added to their lives, at least life can be added to their years - Alf Morris - ℜ
  • Well s3.appliancesonline.com.au/images/product/519617/external/atlantic-artisan-heater-519617-medium.jpg this is how my heater looks, and I only use this in my bedroom for a maximum of half an hour as said earlier and it has a switch right next to it which i turn on.

    Apart from that, cuz of the festive period I really can't get hold of agencies to tell me what my tariff is and who my energy supplier is. But thanks for the advice. I still would really appreciate if someone could give me an estimate of how much my bills should be per month considering:
    - its a 2 bedroom flat in which only 2 individuals reside, who are both working.
    - There is no gas at all so kitchen's hob and oven are on electricity as well.
    - We only turn on the heater (linked above) once.
    - The water boiler is running 24/7.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's an immersion heater, not a water boiler.
    Absolutely no need to run an immersion 24/7, an hour or two a day on a timer (obviously during the E7 cheap rate hours if relevant) is sufficient if the tank is properly lagged. Running it outside the 7 cheap rate hours will be around 250% more expensive.
    No free lunch, and no free laptop ;)
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    edited 26 December 2012 at 11:34PM
    akak1 wrote: »
    Well http://s3.appliancesonline.com.au/images/product/519617/external/atlantic-artisan-heater-519617-medium.jpg this is how my heater looks, and I only use this in my bedroom for a maximum of half an hour as said earlier and it has a switch right next to it which i turn on.

    Apart from that, cuz of the festive period I really can't get hold of agencies to tell me what my tariff is and who my energy supplier is. But thanks for the advice. I still would really appreciate if someone could give me an estimate of how much my bills should be per month considering:
    - its a 2 bedroom flat in which only 2 individuals reside, who are both working.
    - There is no gas at all so kitchen's hob and oven are on electricity as well.
    - We only turn on the heater (linked above) once.
    - The water boiler is running 24/7.
    That'll be a convector heater. Half an hour or so shouldn't cost much. Cheaper than a storage heater as its only half an hour. At my rate of 15p/kWh it should cost 15p for every half an hour of heat when it's on max. If it's on longer it should cycle off a few times and the hourly rate should be a little less.

    That's all I seem to be using at the moment (but for much more than half an hour a day). My costs are about £20-£25 per week in December for about 160kWh to 200kWh of usage each week.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • akak1 wrote: »
    Well s3.appliancesonline.com.au/images/product/519617/external/atlantic-artisan-heater-519617-medium.jpg this is how my heater looks, and I only use this in my bedroom for a maximum of half an hour as said earlier and it has a switch right next to it which i turn on.

    Apart from that, cuz of the festive period I really can't get hold of agencies to tell me what my tariff is and who my energy supplier is. But thanks for the advice. I still would really appreciate if someone could give me an estimate of how much my bills should be per month considering:
    - its a 2 bedroom flat in which only 2 individuals reside, who are both working.
    - There is no gas at all so kitchen's hob and oven are on electricity as well.
    - We only turn on the heater (linked above) once.
    - The water boiler is running 24/7.

    That's a 1500w panel heater that runs on a 13a plug and doesn't even have a timer.

    So your costs are : 1.5 (kW) x 1 [hours] x ?.? [p] electricity cost = £??? per hour its switched on, but we don't know how much you pay for leccy.
    Disclaimer : Everything I write on this forum is my opinion. I try to be an even-handed poster and accept that you at times may not agree with these opinions or how I choose to express them, this is not my problem. The Disabled : If years cannot be added to their lives, at least life can be added to their years - Alf Morris - ℜ
  • Your water [immersion on full day rate I'm assuming] will empty your bank very quickly.
    Disclaimer : Everything I write on this forum is my opinion. I try to be an even-handed poster and accept that you at times may not agree with these opinions or how I choose to express them, this is not my problem. The Disabled : If years cannot be added to their lives, at least life can be added to their years - Alf Morris - ℜ
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Your water [immersion on full day rate I'm assuming] will empty you bank instantly.
    No it does not. I have my immersion on 24 hours a day. I can't be bothered installing a timer...the cost of the interest on the money borrowed to install a timer exceeds any savings. It only uses 3kWh a day when only water for hand and dish washing is drawn off. Whenever I have a shower the water is heated using peak rate electricity. It doesn't empty my bank account. It costs me about 13p to have a shower.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Richie-from-the-Boro
    Richie-from-the-Boro Posts: 6,945 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 27 December 2012 at 1:44AM
    HappyMJ wrote: »
    No it does not. I have my immersion on 24 hours a day. I can't be bothered installing a timer...the cost of the interest on the money borrowed to install a timer exceeds any savings. It only uses 3kWh a day when only water for hand and dish washing is drawn off. Whenever I have a shower the water is heated using peak rate electricity. It doesn't empty my bank account. It costs me about 13p to have a shower.

    - ok, its not necessary, and a waste
    - mines never been turned off for 35 years, but that's me
    - you've assumed E7 I have not until the O/P says different
    - they're out all day & no kids
    - you and I will have taken care of the lagging
    - they [landlord] I assume will not have done anything but minimum, if that

    So they only need to use their heating for one hour a day, in which case the 23 other unnecessary hours the immersion on is a waste, particularly at full rate. Both you and I know 60 minutes with an immersion will give them more than enough for their lifestyle. HappyMJ we have no reason yet to believe they're on E7 / E10 and even if they were is a pointless waste given their earlier statements. You constantly attribute your frugality to others, I don't see 99% of the population that way.
    Disclaimer : Everything I write on this forum is my opinion. I try to be an even-handed poster and accept that you at times may not agree with these opinions or how I choose to express them, this is not my problem. The Disabled : If years cannot be added to their lives, at least life can be added to their years - Alf Morris - ℜ
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