MSE News: Energy price cap to rise in January – your energy rates could change slightly
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Must do, they'd be very low otherwise. Aren't both rates higher than the normal all day EPG rate though? Switching away from E10 looks like it would definitely be beneficial, whatever her usage patterns.4.7kWp (12 * Hyundai S395VG) facing more or less S + 3.6kW Growatt inverter + 6.5kWh Growatt battery. SE London/Kent. Fitted 03/22 £1,025/kW + battery £24950
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Hi TPN ...
E10 rates are not widely provided these days (they look expensive) but E7 rates are generally available. E7 tariffs do vary according to the supplier, region and payment method but average around the equivalent of the Energy Price Guarantee Single Variable Tariff of 34p to 35p when the usage is in the proportion of 58% peak (day) 42% off-peak (night).TeachersPensionNovice said:My mother is on an Economy 10 tariff with Scottish Power in the Mersey (formally Manweb) area of the country. Before the 1st of January her unit rates were as follows:- off-peak -> 30.113p
- all-day -> 37.001p
- off-peak -> 38.69p
- all-day -> 40.17p
For me (Eastern) EDF: day is 55p day 7p night, E.ON Next is 47p day 17p night (approximate figures), but they both work out to be the same EPG SVT rate of 34.5p for the standard day/night ratio.
You will need to obtain your mother' annual usage day/night split, night being the 7 hours the off-peak is active (varies by region but will typically be 0:00 (or 01:00) to 07:00 (or 08:00), you may get some information from a bill but I recognise the current tariff is E10 so you may need to estimate and then work out which supplier would be cheaper. I do it by multiplying my day usage percentage by the supplier's day rate in pence inc. VAT and adding my night usage percentage by the supplier's night rate to get a single rate equivalent, comparing supplier by supplier. Note that the standing charge doesn't seem to vary within a region. People have found that for high night consumption EDF works out best, but of course this is only anecdotal.
Suppliers websites provide quotes online, but you may need to phone suppliers as the meter is E10 based.
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caveman38 said:dealyboy said:Hi moley ...molerat said:My Eon Next NextFlex single rate is showing as 32.77p today against 33.07p yesterday, £8.70 pa less for Mr Average.EDF gas down to 10.276p from 10.277p, a 12p pa saving.Every little helps
33.39×1.05=35.05950 -
Spot on Spoonie. I hadn't accounted for VAT. Whereas the new rate shows it.
Energy Used xxxx @ 50.39p/kWh
Energy Price Guarantee xxxxWh @ 17.00p/kWh
Standing Charge 30 days @ 37.082p/day
Subtotal of charges before VAT @ 5%
Total Electricity Charges xxxx
From Jan 1Electricity
Next Flex
35.13 p/kWh 38.94 p/day(All rates inc. VAT)
Thanks for pointing that out. I'm getting older but not wiser.
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