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Just need to check my workings out.

JamesFews
JamesFews Posts: 32 Forumite
edited 12 December 2017 at 10:04AM in Energy
Hi All,

I tried to use an online calculator to work out what my electric boiler is using....it came back with £230 a month just for heating so I thought nope, thats not right. So i worked out how to do it the manual way and I just want to get some more eyes on my workings out. So...

14.4Kw Boiler
Only on between off peak Economy 10 hours which is 7 hours @ 7.17pKwh
Only doing central heating, not water.

So

14.4kW x 7 = 100.8kW
100.8kW / 1000 = 0.10
0.10 x 7.17p = 0.72p
0.72p x 365 = £263.79 Per Year
263.79 / 12 = £21.98 Per Month

Do those workings out look right?

Thanks people!
«1

Comments

  • matelodave
    matelodave Posts: 9,118 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 12 December 2017 at 10:29AM
    JamesFews wrote: »
    Hi All,

    I tried to use an online calculator to work out what my electric boiler is using....it came back with £230 a month just for heating so I thought nope, thats not right. So i worked out how to do it the manual way and I just want to get some more eyes on my workings out. So...

    Yes it was

    14.4Kw Boiler
    Only on between off peak Economy 10 hours which is 7 hours @ 7.17pKwh
    Only doing central heating, not water.

    So

    14.4kW x 7 = 100.8kW - Correct

    100.8kW / 1000 = 0.10 - wrong - what is this for

    0.10 x 7.17p = 0.72p - wrong - should be 100.8 x 7.17 = £7.23

    0.72p x 365 = £263.79 Per Year - wrong, should be £7.2 x 365 = £2638.95

    263.79 / 12 = £21.98 Per Month - wrong should be £2638.95/12 = £219.81

    Do those workings out look right? No, see the corrections

    Thanks people!

    look at the corrections - it's unlikely that the boiler will take a whole 100.8kwh in a night if its got a thermostat, likewise if it's for heating then it shouldn't be on for 365 nights a year either
    Never under estimate the power of stupid people in large numbers
  • JamesFews
    JamesFews Posts: 32 Forumite
    edited 12 December 2017 at 12:14PM
    I made an error in the format of the cost... please see correction in red.


    Can you see again please

    14.4kW x 7 = 100.8kW

    100.8kW / 1000 = 0.10

    0.10 x 0.17p = 0.72p

    0.72p x 365 = £263.79 Per Year

    263.79 / 12 = £21.98 Per Month

    This is taking into account if I had it on for the whole year. I know I wont, but it helps me work out what the monthly cost is.
    Thats using this website to work out the cost and conversion step by step.

    https://www.saveonenergy.com/energy-consumption/

    Thanks
    James
  • JamesFews wrote: »
    I made an error in the format of the cost... please see correction in red.


    Can you see again please

    14.4kW x 7 = 100.8kW

    100.8kW / 1000 = 0.10

    0.10 x 0.17p = 0.72p

    0.72p x 365 = £263.79 Per Year

    263.79 / 12 = £21.98 Per Month

    This is taking into account if I had it on for the whole year. I know I wont, but it helps me work out what the monthly cost is.
    Thats using this website to work out the cost and conversion step by step.

    https://www.saveonenergy.com/energy-consumption/

    Thanks
    James

    Still looks totally incorrect to me!

    One day of boiler use, assuming always on for 7 hours (which I guess it won't be but useful as a "worse case"):
    7 hours times 14.4kw = 100Kwh per day!!!
    7.17p times 100 = £7.17 per day.
    For a month that is £215.
  • matelodave
    matelodave Posts: 9,118 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 12 December 2017 at 12:36PM
    why are you dividing 100.8 by 1000?

    and what is the line 0.1 x 0.17 for.

    If your heater is 14.4kw and is on for 7 hours it will consume 100.8kwh

    If you pay 7.17p a kwh (thats £0.0717) then 100.8 x 0.0717 = £7.23

    £7.23 x 365 = £2638.95/yr, divide by 12 = £219.91/mo

    Your dividing by 1000 is giving you the wrong result, why are you doing it

    another way of doing it is

    100.8 kwh x 365 = 36,792kwh x £0.0717 = £2637.99/12 = £219.83

    The slight difference is due to rounding errors but it still ends up as around £220/month not £22 a month
    Never under estimate the power of stupid people in large numbers
  • HogMan
    HogMan Posts: 205 Forumite
    Eighth Anniversary 100 Posts Photogenic Combo Breaker
    As matelodave says in post 2, it is likely your assumption that the heating will be on at full blast all year around is incorrect rather than the method of calculation.
  • *j*
    *j* Posts: 325 Forumite
    Part of the Furniture 100 Posts
    To find the daily usage why not take meter readings at about the same time each day and see what they show?
  • SpotlandRules
    SpotlandRules Posts: 192 Forumite
    edited 12 December 2017 at 12:45PM
    The dividing by 1000 is converting watts to kWh. But your first line

    14.4kW x 7 = 100.8kW

    already gives you kWh, so this is not needed.

    EG, if I leave a 100 watt light bulb on for 7 hours, then this uses

    100 * 7 = 700 watts

    Convert to kWh
    700 / 1000 = 0.7 kWh
  • System
    System Posts: 178,365 Community Admin
    10,000 Posts Photogenic Name Dropper
    JamesFews wrote: »
    14.4Kw Boiler
    Only on between off peak Economy 10 hours which is 7 hours @ 7.17pKwh
    Only doing central heating, not water.

    This is the bit that people are struggling with. I assume that you have electric wet central heating? Such systems can draw power for 7 hours a night BUT the actual power requirement will depend on how much heat has been used during the course of the day. To re-heat the water storage you may well need the full 7 hours today (as it is -6C outside as I type) but I doubt that you will need anywhere near that amount on a mild Winter Day.

    The way that you are looking at the problem is similar to I have a 3kW kettle; how much will it cost me to run it continuously for 7 hours a day?

    As others have intimated. Take a meter reading today and check it again tomorrow and note the kWh difference. Multiply that by 31 which will give you an idea of what it costs in a Winter month. Multiply that by 5 for the Winter months which will give you the total kWhs consumed. You can then do the unit price calculation to work out a rough Winter cost.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • JamesFews
    JamesFews Posts: 32 Forumite
    edited 12 December 2017 at 3:22PM
    Ok thanks Hengus,

    I will give that way a go.

    Thanks all for your replies.


    Regards
    James
  • victor2
    victor2 Posts: 8,170 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper
    JamesFews wrote: »
    Ok thanks Hengus, though it may prove a little difficult getting a reading at the start of the day as the heating comes on at 4 in the morning for an hour as that is a low rate time.

    Regards
    James
    Doesn't matter. Presumably your meter gives two readings, a "day" rate and "night" figure.
    Take both readings at the same time each day/week to get an idea what you are using, and do the necessary arithmetic to convert each to the cost for that rate. Add the two values together and away you go...

    I’m a Forum Ambassador and I support the Forum Team on the In My Home MoneySaving, Energy and Techie Stuff boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. 

    All views are my own and not the official line of MoneySavingExpert.

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