We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Switching to Standard Tariff from Eco7?
Comments
-
Richie-from-the-Boro wrote: »Most HA's on any contract other than an outright 100% equity purchase own the fabric of the building whether single house or block of flats. For example on Shared Ownership the outside and roof can never belong to you. This would be the case whether single house unit dwelling or block of 6 flats with a shared roof. ASHP and this arrangement sounds like Scotland - and Scottish laws are different - so check !
I don't understand where you got shared ownership from? it's a rented property solely owned by the HA...
And we are in England.0 -
I was told by the member of staff at E that they could change from Eco 7 to their standard tariff with no changes other than sending a code to the key next time we take it to a shop?
is this not the case?
It should be a simple case of sending a message through the paypoint machines to switch the tariff for you on most standard 2 rate prepayment meters. If you keep the prepayment meter there would be no need to change the meter itself and no cost involved.
As others have advised there are cheaper tariffs available to households with standard credit meters and discounts for paying by direct debit. There will be costs for changing the meter dependent on the supplier or checks with credit reference agencies.
Before deciding on changing the meter or tariff i would do some quick checks using your annual consumption figures on your statements, to decide if a single rate is the best tariff for the amount of energy your using. The heating setup you describe potentially should provide some savings but it wouldn't be correct to change the tariff before confirming the potential savings0 -
IceColdRum wrote: »I don't understand where you got shared ownership from? it's a rented property solely owned by the HA...
And we are in England.Its significant, but as it does not apply to you just forget it.
where you got shared ownership from
Elimination - you did not say whether you were rental only or leaseholder etc.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 - ℜ0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards