What has happened to Economy 7 tariffs ?
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ColinKistruck
Posts: 2 Newbie
in Energy
Has anyone else noticed that hardly any new tariffs with nearly all energy suppliers ( big and small ) do not now have different unit prices for day and night units under the Economy 7 system.
I've been looking to change suppliers ( to continue saving money ), but its seems now, despite listing Economy 7 tariffs, the cost per unit is exactly the same Day or Night.
Is this just another sneaky way to increase the cost and profits.
Also its a disincentive to decrease the peak load on the electricity grid by shifting demand, something we desperately need to do.
I've been looking to change suppliers ( to continue saving money ), but its seems now, despite listing Economy 7 tariffs, the cost per unit is exactly the same Day or Night.
Is this just another sneaky way to increase the cost and profits.
Also its a disincentive to decrease the peak load on the electricity grid by shifting demand, something we desperately need to do.
0
Comments
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ColinKistruck wrote: »Has anyone else noticed that hardly any new tariffs with nearly all energy suppliers ( big and small ) do not now have different unit prices for day and night units under the Economy 7 system.
I've been looking to change suppliers ( to continue saving money ), but its seems now, despite listing Economy 7 tariffs, the cost per unit is exactly the same Day or Night.
Is this just another sneaky way to increase the cost and profits.
Also its a disincentive to decrease the peak load on the electricity grid by shifting demand, something we desperately need to do.
No, I can't say I have.0 -
ColinKistruck wrote: »Has anyone else noticed that hardly any new tariffs with nearly all energy suppliers ( big and small ) do not now have different unit prices for day and night units under the Economy 7 system.
I've been looking to change suppliers ( to continue saving money ), but its seems now, despite listing Economy 7 tariffs, the cost per unit is exactly the same Day or Night.
Is this just another sneaky way to increase the cost and profits.
Also its a disincentive to decrease the peak load on the electricity grid by shifting demand, something we desperately need to do.
As a long term meter reader I have been to many towns, usually close to large power stations , where Eco 7 meter s are in every property , the majority without night storage heaters.Towns like Worksop, Mansfield and Retford have large numbers of Eco 7.
I think it is to encourage night use to keep the power stations going as electricity cannot be stored.
A day and night rate, fairly close in price will appeal to these users who typically will only use 15% to 20 % night rate uses0 -
I'm switching to Yorkshire Energy who's Green Weasel E7 tariff has a break even of 15% night time usage for me.0
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