EDF E7

Johnneboy

Was hammering the night rate as it was alot cheaper i.e washing, hoovering, cooking so I could heat in the microwave at peak rate.

QrizB

Neither vacuuming nor microwaving are going to make much difference to your electricity use.

Check your bills. How much electricity in kWh have you used on each rate over the past 12 months?

dealyboy

Johnneboy said:

dunstonh said:

Now according to ofgems own website for E7 electricity only customers on typical usage of 3900Kwh per yr will increase £53 (4%) from £1219 per yr to £1272 per yr.

There is no such person like that.   It is best ignored.

Yes I totally agree, the point I was trying to make was as a below avg user my price increase will be way above £53 or 4% a year.

Hi John and Welcome to the forum ...

We did discuss this the other day and here is my calculation ... https://forums.moneysavingexpert.com/discussion/comment/80438914/#Comment_80438914.

Johnneboy

QrizB said:

Neither vacuuming nor microwaving are going to make much difference to your electricity use.

Check your bills. How much electricity in kWh have you used on each rate over the past 12 months?

No the microwave doesn't but the cooker and hob do. Also a 1000W hoover will use about 10p a session, along with the ironing all adds up. The bills are another bone of contention which EDF have had issues with this year, so much so EDF had awarded me £100 in goodwill payments & then the energy ombudsman awarded me another £125. So at the moment I don't know my actual kWh usage.

Scot_39

EssexHebridean said:

You need to also bear in mind that EDF have had incredibly beneficial night rates in some regions for a while now - your  new rates are far more in line with what customers of the likes of Octopus, certainly, have been paying throughout the past couple of years. Ultimately, if you can get 75% of your use to the off peak period, you will still be well below the kWh rate being paid by those on a single rate tariff. 

now the cynical way of looking at things might well be that EDF have worked hard over the past while in setting their rates to a level to attract a LOT of E7 customers - and now that they have, they are fully intending to cash in on that customer base... 

Eastern iirc wasn't the only EDF region that went sub 10p on e7 nights last winter for at least 3 months - not sure now if that was in Jan 2023 ( or was it earlier like Oct with first EPG discounting ?)

But other EDF regions normalised much sooner to rates offered by others in those regions.

To the c15p c35p split vicinity.

Eastern folk have therefore benefitted more - maybe 6 months.

And at least some like Dunstonh recently posted locked in to them with a year fix.

But like any E7 - only those using significantly more than the nominal 42% split really benefited  - as there was always a higher premium on day rates to comply with Ofgem cap levels.

Chris_b2z

Johnneboy said:

How can this be right or am I missing something?

You are absolutely correct. The system is rigged against the consumer.

I previously noticed that Scottish Power had quietly increased the E7 night rate by 53% throughout the past year while ofgem price cap had actually decreased. The advice given here was to switch suppliers because EDF were offering much more competitive E7 rates for high off-peak users.

Phones4Chris

As an EDF E7 user, I'm disappointed that their off-peak rate for the SW is going up as much as it is, but it looks as though they're still going to be marginally cheaper than my alternative preferred supplier.

Chris_b2z

Phones4Chris said:

As an EDF E7 user, I'm disappointed that their off-peak rate for the SW is going up as much as it is, but it looks as though they're still going to be marginally cheaper than my alternative preferred supplier.

I like that positive approach. It's good news that this month EDF are ripping off E7 users a little bit less than other suppliers ... but the goalposts are constantly moving.

Johnneboy

Just in case any one is interested, British Gas slightly cheaper SVT tariff than EDF.

Unit rate day

35.54p per kWh (inc. VAT)

Unit rate night

14.611p per kWh (inc. VAT)

Standing charge

44.028p per day (inc. VAT)

Exit fee

No Exit Fee

Or fixed tariff until 09/01/2025 again slightly cheaper than EDF

Unit rate day

35.914p per kWh (inc. VAT)

Unit rate night

14.412p per kWh (inc. VAT)

Standing charge

42.383p per day (inc. VAT)

Exit fee

Exit Fee £75 per fuel
You won’t pay an exit fee if you switch to another British Gas fixed tariff.

EDF SVT

Unit rate 1: 36.42p per kWh
Unit rate 2: 16.67p per kWh
Standing charge: 44.01p per day

EDF 1yr fix 75.00 exit fee
36.18 Day
16.55 Night
44.03 SC

dealyboy

@Johnneboy said:

Just in case any one is interested, British Gas slightly cheaper SVT tariff than EDF.

Unit rate day

35.54p per kWh (inc. VAT)

Unit rate night

14.611p per kWh (inc. VAT)

Standing charge

44.028p per day (inc. VAT)

Exit fee

No Exit Fee

Or fixed tariff until 09/01/2025 again slightly cheaper than EDF

Unit rate day

35.914p per kWh (inc. VAT)

Unit rate night

14.412p per kWh (inc. VAT)

Standing charge

42.383p per day (inc. VAT)

Exit fee

Exit Fee £75 per fuel
You won’t pay an exit fee if you switch to another British Gas fixed tariff.

EDF SVT

Unit rate 1: 36.42p per kWh
Unit rate 2: 16.67p per kWh
Standing charge: 44.01p per day

EDF 1yr fix 75.00 exit fee
36.18 Day
16.55 Night
44.03 SC

Hi John ...

I got these rates for Jan 2024 (SVT DD E7 Eastern) ...

Standard Variable Tariff v16

Important information

Our Standard Variable tariff rates are increasing on 1st January 2024. The personal projection below is based on new Standard Variable rates and includes the new higher rates from 1st January.

Electricity standing charge

44.011p

Electricity day rate

37.429p

Electricity night rate

15.264p

The fix you quote is called The Fixed One v32 ... but there is also The Fixed One 24M v2 (ending 10 Dec 25) ...

Standing charge

42.383p
Unit rate day

37.487p

Unit rate night

15.401p

Exit Fee £150.

All rates inclusive of VAT

... when visiting ... https://www.britishgas.co.uk/new-energy/sales/quote