Economy 10, Limited competition

footyguy

P_Kitch wrote: »

Can anyone please advise why customers like myself on economy 10 are so disadvantaged, as the few providers offering these tariffs, have the opportunity to operate in a monopolistic type manner and it is incredibly difficult to get clear information on tariffs across a fractured industry!
As users of economy 10 we help the industry by drawing load outside of the peak demands, thus making generation more cost effective, using spare generation capacity.


Surely, as a marginalised section of customers we should be better protected by the regulators, why does this not appear to be the case?

You are protected.
The legacy supplier is obligated to support you.

There is nothing preventing other suppliers offering a similar tariff, but they choose not to. It is not within the regulators power to force any other supplier to supply something they don't want to - the market is based on competitive forces.

footyguy

CashStrapped wrote: »

In an edit to my last post - If you check that link in post 7 - it actually tells you which suppliers are happy to apply the E7 tariffs to an E10 meter. I missed it on first viewing

It's not that simple, I'm afraid. That link is just a website an individual set up, but obviously doesn't fully undferstand the intricacies of E10

Whilst E7 is E7 no matter what supplier you have, E10 is quite different.
One supplier's E10 is not the same as the next. What really causes difficulties is when an E10 supply has 2 meters/MPANs.

Don't even get me started on asking why anyone would want only 7 hours of cheap electricity per day compared to 10 hours. :cool:
(But as I said, it's not usually that simple)

Please do not encourage others to breaak the golden rule

Do NOT attempt to switch supplier with such complex metering in place - attempts by those previously who have have invariably ended in tears.