Economy 7/10 Double standing charges for one fuel type: Time to change to single meter?

Enlightenmentor

With the upcoming tariff increases, I'm considering whether it's time to dump the Economy 10 tariff with a standing charge on BOTH meters and reverting to a single meter with one standing charge, albeit the the rate for electricity usage will be higher for water and storage heating.

I'd be interested whether anyone else has done the sums?

Verdigris

Have you tried requesting a smart meter? You might be able to retain E10 and only have one meter to pay daily charge on.

It will also make other TOU tariffs available, when some sort of normality returns to the market.

Enlightenmentor

Verdigris said:

Have you tried requesting a smart meter? You might be able to retain E10 and only have one meter to pay daily charge on.

It will also make other TOU tariffs available, when some sort of normality returns to the market.

Thanks for the suggestion, I'll run it past my provider. From a little research, I note Eon does a single meter with E7.

More on that story later...

Gerry1

Apologies for throwing in everything but the kitchen sink, but you may find a few gems in this lot.  I haven't filtered the list, so you may find some things more relevant than others.

TL;DR: You may not need any meter change, you may be able to get single rate and pay only one standing charge.

Restricted Meter Good Practice Guide

Ofgem: RHT must offer single rate

Ofgem: Comply with Restricted Meters Requirements

Victory: 2 MPANs but one SC

Restricted meters order explanatory note

Electricity supply standard licence conditions

ComfortPlus White Meter (& similar DTS experiences)

Dynamic Teleswitch Meters 1 – Nothing Untoward

A Dynamic Teleswitch Update – Successful Switch!

Changes to Licence (SLC22G) - Restricted Meters

Good luck !  Please come back and tell us how things went; many people don't and then it's unclear how relevant the advice turned out to be.

Enlightenmentor

Gerry1 said:

Apologies for throwing in everything but the kitchen sink, but you may find a few gems in this lot.

...

Good luck !  Please come back and tell us how things went; many people don't and then it's unclear how relevant the advice turned out to be.

Thanks, I will report back.  I would like to keep the off-peak rate (Closest is E10). It was ManWeb, then Scottish Power for reference.
Because of the changes in tariff and providers, it's taking some time to work out costs and potential costs and, of course whether the upcoming rates will be only short term - or not.  #SpinningPlates

Northern_Wanderer

It's not allowed for them to charge two standing charges. I've seen something about this but can't find it. Basically, people were able to claim back the incorrectly charged standing charges. I think Ofgem might have been involved. You'd have to search it out, maybe google, might have been on BBC news. I'm sorry I can't post the exact link but I have definately seen this reported as illegal double charging.

Northern_Wanderer

http://reapscotland.org.uk/are-you-seeing-double/

See that please.

Gerry1

Northern_Wanderer said:

You'd have to search it out, maybe google, might have been on BBC news. I'm sorry I can't post the exact link but I have definitely seen this reported as illegal double charging.

Yup, last night, two posts before yours... 

Northern_Wanderer

Gerry1 said:

Yup, last night, two posts before yours... 

Excellent fountain of knowledge that you are . My bad for reading this post at 4am when I couldn't sleep and replying now without checking all replies!

Gerry1

Northern_Wanderer said:

Gerry1 said:

Yup, last night, two posts before yours... 

Excellent fountain of knowledge that you are . My bad for reading this post at 4am when I couldn't sleep and replying now without checking all replies!

Many people find my posts / voice are good cure for insomnia at any time...