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Is it worth me changing electricity tariff

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jdot1969
jdot1969 Posts: 34 Forumite
Second Anniversary 10 Posts
Hi guys I’m trying to work out if it’s worth me changing electricity tariff at the moment I’m on a E7 standard variable rate but have no storage heaters and hardly use any electricity at night? Thank you for your advice in advance 

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  • QrizB
    QrizB Posts: 18,412 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    jdot1969 said:
    Hi guys I’m trying to work out if it’s worth me changing electricity tariff at the moment I’m on a E7 standard variable rate but have no storage heaters and hardly use any electricity at night? Thank you for your advice in advance
    Yes, for someone in that situation there's no benefit from being on an E7 tariff and it will be costing you a bit more than a single rate would.
    Contact Octopus and ask to change to the single-rate version of your tariff.
    (Although, if you have a hot water tank, it might work out cheaper over the summer (when you're not using space heating) to stick with E7 and heat your water at night.)
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
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