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Changing from Economy 7 to Standard rate tariff

Phil888
Phil888 Posts: 1 Newbie
edited 17 November 2022 at 5:20PM in Energy

(Image removed by Forum Team)

I have had economy 7 for many years. However, I am considering changing from storage heaters to underfloor heating therefore I am  contemplating switching from E7 to a standard tariff.
I have a smart meter. I wonder  : -a) Would the energy provider need to change my meter or could it be done remotely? b) I understand that, currently, the storage heaters and the boiler are only getting power during the night tariff rate. If I change to a standard tariff, would it mean I get electricity from the storage heater sockets 24 hours a day as well or are they on a separate circuit from the rest of the property?


Comments

  • Meter should be fine and they should be able to set it up so both "peak" and "off-peak" fuse boards are powered 24/7.
  • QrizB
    QrizB Posts: 22,518 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    edited 15 November 2022 at 7:44PM
    Note that standard-rate electrical heating is one of the most expensive ways to heat a property.
    Illustrative calculations in this post.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • lohr500
    lohr500 Posts: 1,545 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    As per QrizB's comments, I would think very carefully about moving away from storage heaters to underfloor heating. (Assuming you are talking about electric underfloor heating). Remember also that your hot water will also then need to be heated at the single rate tariff.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    As above. Why on earth would you change to a system that will probably double your heating and hot water costs, plus the capital outlay involved? It will also devalue the property.
    You don't have a boiler, you have an immersion heater running on E7.
    No free lunch, and no free laptop ;)
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