New Flat all electric...help me!

macman

OP, ring the agent and find out if the flat is on E7 (with NSH's and an immersion heater) or single rate. If the former, costs should be on a par with gas CH and DHW.
All the doom and gloom cost projections are just pure speculation unless you tell us what sort of heating and DHW system is actually installed.

RelievedSheff

macman said:

OP, ring the agent and find out if the flat is on E7 (with NSH's and an immersion heater) or single rate. If the former, costs should be on a par with gas CH and DHW.
All the doom and gloom cost projections are just pure speculation unless you tell us what sort of heating and DHW system is actually installed.

One thing is for certain the cost per kWh to heat the flat will be more with electric than it will with gas.

That's not doom and gloom just bare faced facts.

[Deleted User]

This is all dependant on the flat though, I live in a 1 bedroom all electric flat and used 4000 kWh last year. Luckily the flat is only a couple of years old so well insulated and generally warm as it’s south facing.

RelievedSheff

RunFaster said:

This is all dependant on the flat though, I live in a 1 bedroom all electric flat and used 4000 kWh last year. Luckily the flat is only a couple of years old so well insulated and generally warm as it’s south facing.

The flat has no bearing on the cost per kWh of energy used. There is no escaping from the fact that a kWh of electric is always more expensive than a kWh of gas.

[Deleted User]

Yes electric is more expensive but I’m just stating it might not be as expensive as some are saying. 

We heat our water in the morning, sometimes using the boost to heat it if we want a bath in the evening, regularly use the washer/drier to dry laundry and cook every day. 

We do provide monthly meter readings and are on the Octopus Tracker tariff at the moment which has been billed around £50 a month, our usage doesn’t seem to go up massively in winter either. Bills for this period are generally around £60-65 a month.

macman

RelievedSheff said:

RunFaster said:

This is all dependant on the flat though, I live in a 1 bedroom all electric flat and used 4000 kWh last year. Luckily the flat is only a couple of years old so well insulated and generally warm as it’s south facing.

The flat has no bearing on the cost per kWh of energy used. There is no escaping from the fact that a kWh of electric is always more expensive than a kWh of gas.

You are completely ignoring the possibility that the flat has E7. If so, the bulk of usage will be on cheap rate, and the costs on a par with gas CH and DHW. 

Gerry1

macman said:

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You are completely ignoring the possibility that the flat has E7. If so, the bulk of usage will be on cheap rate, and the costs on a par with gas CH and DHW. 

Who offers cheap rate E7 electricity at 2p/kWh?  NOBODY !

RelievedSheff

macman said:

RelievedSheff said:

RunFaster said:

This is all dependant on the flat though, I live in a 1 bedroom all electric flat and used 4000 kWh last year. Luckily the flat is only a couple of years old so well insulated and generally warm as it’s south facing.

The flat has no bearing on the cost per kWh of energy used. There is no escaping from the fact that a kWh of electric is always more expensive than a kWh of gas.

You are completely ignoring the possibility that the flat has E7. If so, the bulk of usage will be on cheap rate, and the costs on a par with gas CH and DHW. 

Even on economy 7 tariffs the cost of electric is more expensive than gas during off peak hours and is a lot more expensive during peak hours.

There are no electric suppliers who can come even close per kWh to the price of gas.

RelievedSheff

RunFaster said:

Yes electric is more expensive but I’m just stating it might not be as expensive as some are saying. 

We heat our water in the morning, sometimes using the boost to heat it if we want a bath in the evening, regularly use the washer/drier to dry laundry and cook every day. 

We do provide monthly meter readings and are on the Octopus Tracker tariff at the moment which has been billed around £50 a month, our usage doesn’t seem to go up massively in winter either. Bills for this period are generally around £60-65 a month.

Your tariff must be quite expensive if 4000 kWh per annum costs you £50-65 per month!

We pay £60 per month for a 3 bed detached house and are running quite a large credit balance at the moment in readiness for the winter months.

macman

Which supplier is currently offering gas at 2p per kWh including VAT?
In addition, you are not factoring in the greater efficiency of electricity per kWh (100% compared to 85% at best for gas). Nor are you factoring in the standing charges for gas supply (typically 15p per day or £55pa), and the annual cost of a boiler service (£75 to £90).
I didn't say that E7 was as cheap as gas, I said it was on a par with. My interpretation of that is that it could be within maybe 10% of the cost of gas, depending on how it's used. As long as the boost facility is not used too often for hot water, costs are reasonable.
NB: Gerry1: last year, my MIL enjoyed all her off-peak electricity at a rate of precisely 0p per kWh, on the Ebico Night Owl tariff, sadly no longer available. But it was nice while it lasted.