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Economy 7 July price drop?
Comments
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My price drop for my economy 7 is ONE PENCE. !!!!!!
thanks EDF
I had to read it again to make sure it was right ..what a Joke !1 -
Should how angry you are by ‘ditching and switching’. EDF may offer you money to stay as some other suppliers appear to be doing.Rosie1001 said:My price drop for my economy 7 is ONE PENCE. !!!!!!
thanks EDF
I had to read it again to make sure it was right ..what a Joke !0 -
Rosie1001 said:My price drop for my economy 7 is ONE PENCE. !!!!!!E7 has two unit rates, peak and off-peak, plus a standing charge.Which one has dropped by a penny, and what change has there been with the others?
Depending on region, EDF had some of the widest split if peak and off-peak unit rates.Rosie1001 said:thanks EDFWhich region are you?N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.1 -
In some regions, EDF has, by far, the lowest off peak rate. I suspect the above posters are being a bit convenient with the truth by not posting their peak rate drop.Rosie1001 said:My price drop for my economy 7 is ONE PENCE. !!!!!!
thanks EDF
I had to read it again to make sure it was right ..what a Joke !I can beat that. Mine on EDF drops from 15.79p to 15.78pI can beat that. My EDF off peak drops 0.0001p from 0.08181p to 0.08171p
However, My EDF peak rate dropped 6p
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2 -
Edf whether by design or accident - seem to have not only cheaper off peak deals than many.
But arguably seem to have been targetting the peak vs peak bias to help typical consumers - lowering night rates for heating in winter and day rates for living in summer.
It is of course nonsense to only look at one rate - when it is the total cross the two is capped. And only the average price across total usage for both that matters when deciding e7 vs Sr etc.
When EDF dropped their night rates in many areas heavily in Jan - firms like EOn were putting them up peak and off peak over 2p.
Representing iirc upton c17% on heating costs over winter months in posts here.
MSE posters were flocking to their c10p rates in Jan - and not just Eastern ? where it remains below 10p now iirc. Some speculate due to their nuclear plants in region - perhaps EDF have even said so.0 -
I'd put money on them leaving the ratio as is now all through winter as hardly anyone noticed, and those that did were immediately shot down with the "well you are now much better off over summer" argument.0
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