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How long to fix for

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  • MWT
    MWT Posts: 10,204 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 29 May 2020 at 8:50AM
    The difference in the standing charge amounts to less than 1kWh per day, and the saving is entirely wiped out by the much higher day rate than the new EDF tariff...
    If you run the numbers the so-called 'cheapest' rate from CAB is in total more expensive than the new EDF tariff, so that was a fail...
    With the very high night rate usage the OP would have to find a flat rate supplier offering under 11p/kWh before it was worth moving away from E7 so that isn't likely to be easy to find at the moment...
    The new EDF tariff is actually looking pretty hard to beat...
  • dogshome said:
    Surprises me that Cit. Adv have come up with Eon as the cheapest
    BUT
    You are a very low user at 6073 Kwh a year in an all Electric dwelling, which means the Daily Standing Charge has a big effect on your bill and Eon's 5.45pence a day is 75% cheaper than the average
    I was trying to work out if my usage was high or low. All my light bulbs are LED and I have timers on my lamps so I don’t forget to turn them off at night. I only put my heating on if its really cold as I’m happy to use a blanket or cuddle a dog if it’s mild 😂 I heat my water tank for 45 mins early morning (it’s a tiny tank). I have recently changed from doing a quick wash in the dishwasher/laundry to a longer wash. Maybe I could go back to the quick wash again as I can’t remember why I changed now. Otherwise I’d say I am careful with my usage. I Guess it’s just the fact I use my heating as little as possible which keeps costs down as that’s clearly where my usage jumps when I have it on. I also only have a fan heater in the bathroom and I heard they are expensive to run but weirdly it only like being turned on for a minute or so before it cuts out so I have to hope the heat from the hot water heats the bathroom in winter 😂
  • MWT
    MWT Posts: 10,204 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Keep doing whatever you are doing, 70% night rate and only 6000kWh a year is an impressive achievement.
    E7 is working well for you it seems so stay on it and don't move away from the new EDF tariff unless you can clearly calculate that it is cheaper for your mix of day/night usage.
    Don't believe any of the switching sites just telling you a different tariff is going to be cheaper, use the actual tariff rates and do the maths to check...
  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
      I also only have a fan heater in the bathroom
    I trust that it's a permanent built-in installation operated by a pull cord, not a portable unit you plug in to a 13-A socket with wet fingers after you've stepped out from the shower? 
  • Gerry1 said:
      I also only have a fan heater in the bathroom
    I trust that it's a permanent built-in installation operated by a pull cord, not a portable unit you plug in to a 13-A socket with wet fingers after you've stepped out from the shower? 
    Yes it’s built in with a pull cord. 
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    They are expensive to run but are good for giving quick heat and short use .
  • JJ_Egan said:
    They are expensive to run but are good for giving quick heat and short use .
    Good job it only turns on for a minute before cutting out then 😂
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