Off-peak Savings

Noodler

If I pay a specific unit rate for electricity regardless of the time of day, and my washing machine use a certain amount of electricity per cycle regardless of the time of day, how do I save money by operating my washing machine during off-peak hours?

[Deleted User]

Hi,

do you have an off peak set up, E7?

[Deleted User]

Noodler said:

If I pay a specific unit rate for electricity regardless of the time of day, and my washing machine use a certain amount of electricity per cycle regardless of the time of day, how do I save money by operating my washing machine during off-peak hours?

You don’t. To make use of offpeak prices, you need a dual rate tariff: however, E7 tariffs come at a cost. The peak rate is usually higher than a standard tariff single rate. 

Noodler

Thank you both.

dunstonh

how do I save money by operating my washing machine during off-peak hours?

You don't.   Only if you are on a tariff that has off-peak pricing do you benefit. Like Economy 7 or Economy 10.

it's worth noting that some of the gutter media outlets, like the Express, have run a number of articles giving people the wrong impression.  


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Slinky

My new E7 rates are roughly12p overnight (great) and 47p daytime (not at all great). Am desperately trying to get onto single rate as we don't use much overnight (legacy system from previous house owner).

Astria

If you have a smart meter and a tariff such as Agile Octopus, you could potentially save money that way as it's a TOU tariff.

macman

That article is just bizarre. Which E7 tariff offers an off-peak/peak rate differential of 1700%?
Who subs this stuff? Nobody, presumably.

Hysteron

Slinky said:

My new E7 rates are roughly12p overnight (great) and 47p daytime (not at all great). Am desperately trying to get onto single rate as we don't use much overnight (legacy system from previous house owner).

A 12p per kWh is a very good rate for Off peak even with the 47p daytime rate if your off peak use is greater than say 50% which would give an average rate of around 30p. Can you say which supplier you are with and whether or not you currently have a fixed rate.

Thanks

[Deleted User]

Hysteron said:

Slinky said:

My new E7 rates are roughly12p overnight (great) and 47p daytime (not at all great). Am desperately trying to get onto single rate as we don't use much overnight (legacy system from previous house owner).

A 12p per kWh is a very good rate for Off peak even with the 47p daytime rate if your off peak use is greater than say 50% which would give an average rate of around 30p. Can you say which supplier you are with and whether or not you currently have a fixed rate.

Thanks

47p/12p isn't a massively unusual E7 ratio.

There are two SVTs with a night rate of less than 7p/kWh that I know of.  

Hysteron

[Deleted User] said:

47p/12p isn't a massively unusual E7 ratio.

There are two SVTs with a night rate of less than 7p/kWh that I know of.  

Thanks, I'm in North Scotland and currently paying 32p day rate and 18p Off peak with UW. I expect the Off peak rate to rise this October and as my off-peak usage is substantially higher than the day rate usage at 80/20 or thereabouts in winter I'm going to be looking for the cheapest off peak rate I can get.

Any additional information you might have on off peak rates with other suppliers from October would be most helpful.

Thanks.