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EDF rip off?

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  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 14 January 2016 at 11:05AM
    MAFY wrote: »
    I just use one storage heater 3 hours per day on Boost mode and the other ones are always off. My idea is better 3 hours on expensive rate than 7 on cheap rate but not taking advantage of the heat. Maybe is not the correct. Hot water is used for 2 showers in the morning and washing up at night (sometimes i do not have hot water left at night but i do not use the boost to warm it up)

    Unfortunately your idea is completely wrong, as day rate is about 3 times the cost of night rate on E7. Look at the unit rates on your bill. So for 3 hours on day rate you could have 9 hours on night rate. Since E7 is 7 hours only, you can have the whole night on for the cost of about 2 hours on day rate. The same applies to heating your hot water.
    You appear to have combination NSH's, the boost is probably with a built in convector that runs on peak rate when you switch it in.
    Once any debt/credit adjustment is accounted for, £55 per month is about right for your very low usage.
    No free lunch, and no free laptop ;)
  • jrio
    jrio Posts: 83 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    macman wrote: »
    Unfortunately your idea is completely wrong, as day rate is about 3 times the cost of night rate on E7. Look at the unit rates on your bill. So for 3 hours on day rate you could have 9 hours on night rate. Since E7 is 7 hours only, you can have the whole night on for the cost of about 2 hours on day rate. The same applies to heating your hot water.
    You appear to have combination NSH's, the boost is probably with a built in convector that runs on peak rate when you switch it in.
    Once any debt/credit adjustment is accounted for, £55 per month is about right for your very low usage.
    I make it just over 2.5 hours for 7 hours E7 rate, based on typical unit rates of 15.141p and 5.513p. It is still a massive mistake to make and one that is very common.
  • dogshome
    dogshome Posts: 3,878 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    EDF, though not perfect, are one of the better suppliers so far as paperwork is concerned

    With your moves from one Blue Price tariff to another with a better price each time, I assume you have registered for online billing - Where EDF score for Customer Service is that each time you give them meter readings, they issue an up to date bill within 48 hours that you can access online - So by giving them readings every 90 days or so, you can track your useage and the state of the account
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