Economy 7 Help Please!!!

espresso

Cardew wrote: »

You missed this from the OP's post??

I read that as during the period of the last bill not necessarily the whole year.

Have you checked the percentage of night units required to break even recently?

In a recent post your stated:

Cardew wrote: »

The best E7 tariffs lately have been with Scottish Power, this is the latest tariff for my area:

http://www.energyhelpline.com/cashbackmse/fri/domesticenergy/domestic/TariffDetails?GasTariff=0&ElecTariff=741588&RegionCode=5&SpecialOffers=

What percentage of night unit is required to break even on this best SP tariff?

Crispy796

Crispy796 wrote: »

FYI...

I'm on Scotish Power 'Online Fixed Price Energy January 2014' tariff - will need to change soon!

Between 12th May and 12th August I used 858kWh daytime units and 222kWh nightime units.

:rotfl:I live in Kent, supplier is Scotish Power, could i be any further away!:rotfl:

footyguy

Crispy796 wrote: »

FYI...

I'm on Scotish Power 'Online Fixed Price Energy January 2014' tariff - will need to change soon!..

I wouldn't do anything until next year as even the iFix deals will cost you £80-£90 a year more (pro rata)

If you do then switch supplier, you could get at least the £14 curent difference between E7 and non-E7 back in cashback going by one of the MSE suggested comparison sites

I wouldn't suggest using a comparison site to switch supplier if you don't have the correct meter for the tariff you are applying for ... well you can't as you cannot input the correct current supplier & tariff details. My suggestion in such situation would be to always contact the supplier direct.

Crispy796

footyguy wrote: »

I wouldn't do anything until next year as even the iFix deals will cost you £80-£90 a year more (pro rata)

If you do then switch supplier, you could get at least the £14 curent difference between E7 and non-E7 back in cashback going by one of the MSE suggested comparison sites

I wouldn't suggest using a comparison site to switch supplier if you don't have the correct meter for the tariff you are applying for ... well you can't as you cannot input the correct current supplier & tariff details. My suggestion in such situation would be to always contact the supplier direct.

I have inputted the correct supplier and tariff on the comparison sites earlier today and it was recognised. not sure what you mean by 'you cannot input the correct current supplier & tariff details' please could you explain as i'm not sure

Thanks

footyguy

Crispy796 wrote: »

I have inputted the correct supplier and tariff on the comparison sites earlier today and it was recognised. not sure what you mean by 'you cannot input the correct current supplier & tariff details' please could you explain as i'm not sure

Thanks

If you input the correct details, of course you will get an output, but that output will only offer you E7 tariffs

Cardew

espresso wrote: »

I read that as during the period of the last bill not necessarily the whole year.

Have you checked the percentage of night units required to break even recently?

In a recent post your stated:

Originally Posted by Cardew

The best E7 tariffs lately have been with Scottish Power, this is the latest tariff for my area:

http://www.energyhelpline.com/cashba...&SpecialOffers=



What percentage of night unit is required to break even on this best SP tariff?

As stated in an earlier post I am on a fixed tariff with Scottish Power that is no longer available, but it is a few pounds cheaper on E7 using 25% on off-peak.

With regard to your question about that latest tariff. For my area(Midlands) for 3,300kWh pa the non - E7 tariff costs £508, with 20% E7 usage £507 and 25% usage £496.

Using 6600kWh pa the figures are £895 non E7, £895 for 20% and £872 for 25%.

So on that particular SP fixed to 28 Feb 2015 tariff, the break even point is 20%.

It is worth pointing out that with SP if you have an E7 meter you don't have the option of taking a 'normal' 24/7 tariff unless you get a new meter. They don't have the provision of adding both readings and treating as a single total - like BG and E-on