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Move electricity from business to domestic tariff

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  • brook_heather
    brook_heather Posts: 140 Forumite
    Fifth Anniversary 100 Posts Name Dropper Photogenic
    edited 19 December 2023 at 10:24PM
    My parents were on a business tarriff for both electricity and gas for 20 years most recently with EDF (until recently business tarriffs were cheaper than domestic for their usage) - in the summer they filled in this form and were then moved to a domestic tarriff with EDF and then switched to Octopus.

    https://www.edfenergy.com/form/sme-vat-dec-form
  • QrizB
    QrizB Posts: 18,337 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    The old owners might’ve had their home as an office for their business, but it is a bungalow with some disused outbuildings. The old vendors informed me the business rates were more cost efficient and the number of metres was due to having day, night and unrestricted (?) tariffs.
    There have been times when business tariffs have been cheaper than domestic ones.
    Now is not one of those times.
    My tariffs are all the same. With quarterly standing charges of £100 per meter and 33p/kwh.
    On a domestic contract, you'd be paying about £200 a year standing charge in total and 27p/kWh.
    I’ve had an electrician come out only to tell me he hasn’t seen a complicated set up like this before so can’t help.
    You probably need a better electrician! If you can get your wiring rationalised so everything is fed from one 24-hour meter, it will make things easier in the long term.
    JSHarris said:
    Any chance of a photo of your incomers, meters and consumer units (please blank any personal info)?
    That way I could have a stab at trying to understand the setup, whether you're on a single or three phase supply and possibly suggest options to convert it to something that might tidy things up and allow you to have a single domestic meter.
    Yes, photos will help if you are ale to share them.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • I’ll try to uploa
  • Hmm I can’t seem to attach
  • Ectophile
    Ectophile Posts: 7,987 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    PS

    i am now out of contract and when I contacted a broker she recommended I wait until march when prices will further reduce and that I would end up paying more with a domestic contract. What do you guys think?

    If you're out of contract on a business tarriff, they you will be being utterly fleeced.  Unlike the domestic standard variable tariff, there's no price cap, and the suppliers can charge whatever they like.

    Rumours are that the domestic price cap will be going down in the spring.
    If it sticks, force it.
    If it breaks, well it wasn't working right anyway.
  • Raxiel
    Raxiel Posts: 1,403 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hmm I can’t seem to attach

    I think there are restrictions on new members, you could try a third party image sharing site like imgur.com, and then paste the link into your post.
    3.6 kW PV in the Midlands - 9x Sharp 400W black panels - 6x facing SE and 3x facing SW, Solaredge Optimisers and Inverter. 400W Derril Water (one day). Octopus Flux
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