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Please help - Confused!!

Curley
Curley Posts: 205 Forumite
I'm just looking at my electric bill (my first and only one at the moment).

It shows that i'm on the 'Economy 7' tariff. Only problem is, I've got a condensing combi boiler. I've also had a quick look at my electric meter but it's got two rows of numbers? So is that why i'm being charged for the economy 7 tarrif? If that's the case i've been charged more than I should be.
This space is available to rent... :D

Comments

  • Cardew
    Cardew Posts: 29,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    If it is your first bill you will probably not have been charged too much more than if you were on a daytime tariff.

    The two rows of figures are for the 'daytime' and 'night time' electricity. The latter being for a 7 hour period usually between the hours of 11pm and 8am.

    The 7 hour rates are much cheaper than daytime rates; the trouble being the daytime rates are higher than on a normal 24 hour standard rate.

    It is very difficult to make Economy 7 work out cheaper than a standard tariff - unless you have storage heating. The 'break even' point varies by area and company - but is normally more than 30% of electricity used in the 7 hour period.

    Contact your company and say you wish to change to standard tariff.
  • Curley
    Curley Posts: 205 Forumite
    Thanks Cardew, i'll give them (npower) a call on Monday. It clearly states on their website that:-

    The tariff has:
    • A higher unit rate for electricity used during the day, but has
    • A much cheaper rate for units of electricity you use during a 7-hour period at night
    I use very little electric at night, just a lamp for cockatiels (as well as fridge/freezer etc).

    My first bill is actually a 6-month bill, but I thought they were all quarterly?
    So in this 6 month period, my night time charges only come to £7.16, but my day time charges come to £145.

    I've actually been on a couple of comparison sites and it looks like I may be better off with Atlantic so i'll be considering switching in a short while anyway.
    This space is available to rent... :D
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