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Water heater booster v Economy 7
I regularly go away from home for three-night weekends.
I started out switching off the overnight water heater and using the (Rate 1) booster switch for a minimum of an hour on my return, before reverting to the overnight heater for the remainder of my stay at home. My only fuel is electricity and I am on the BG Standard Variable tariff.
However, my bills have been very nigh - e.g £137 from 3 January - 5 February - and I was probably only there for 20 nights. Even allowing for that being a winter month, we are looking at £2000+ p.a.
I heard heard booster switches on electric boilers can use 10Kwh. So more recently I have started leaving the overnight heater on while I am away as the rate 2 price is far lower.
I am wondering which is the cheaper option...three nights of Rate 2 vs one hour of Rate 1?
I started out switching off the overnight water heater and using the (Rate 1) booster switch for a minimum of an hour on my return, before reverting to the overnight heater for the remainder of my stay at home. My only fuel is electricity and I am on the BG Standard Variable tariff.
However, my bills have been very nigh - e.g £137 from 3 January - 5 February - and I was probably only there for 20 nights. Even allowing for that being a winter month, we are looking at £2000+ p.a.
I heard heard booster switches on electric boilers can use 10Kwh. So more recently I have started leaving the overnight heater on while I am away as the rate 2 price is far lower.
I am wondering which is the cheaper option...three nights of Rate 2 vs one hour of Rate 1?
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Comments
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To answer this, we'll have to know the tariff details.What do you pay for eack kWh on Rate 1 and Rate 2?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. 33MWh 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!0 -
If you boost the immersion heater for an hour you will use 3 not 10 kWhNever pay on an estimated bill. Always read and understand your bill2
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And an immersion heater tank is not to be confused with an electric boiler3
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Have you got a smart meter? Otherwise, you could try reading the meters just before you leave and again as soon as you return and see what the actual usage is0
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My gut feeling is that turning off a well lagged tank and then boosting it using peak rates would cost more.
e.g. 8p off peak is 42p peak. So, 5 hours on during off peak equates to 1 hour peak.
Heating a well lagged cylinder that hasn't had any draw may only take 10-20 minutes. Whereas heating one that has completely cooled over 3 days would take much longer. So, you are comparing short bursts using off peak rate vs a longer session with peak rates.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.0 -
dunstonh said:My gut feeling is that turning off a well lagged tank and then boosting it using peak rates would cost more.
e.g. 8p off peak is 42p peak. So, 5 hours on during off peak equates to 1 hour peak.
Heating a well lagged cylinder that hasn't had any draw may only take 10-20 minutes. Whereas heating one that has completely cooled over 3 days would take much longer. So, you are comparing short bursts using off peak rate vs a longer session with peak rates.1 -
@Enigimaman
A winter bill of £137 a month is not expensive for an electrically heated flat.
I am assuming you have panel heaters for your source of heating - if so these will be cause of your high bills rather than your immersion heater. Make sure these are off when you are away and reduce the settings - timer/thermostat - when you are at home.Never pay on an estimated bill. Always read and understand your bill1 -
Robin9 said:@Enigimaman
A winter bill of £137 a month is not expensive for an electrically heated flat.
I am assuming you have panel heaters for your source of heating - if so these will be cause of your high bills rather than your immersion heater. Make sure these are off when you are away and reduce the settings - timer/thermostat - when you are at home.0 -
Rate 1: 37.61p and Rate 2: 15.32p.
Interesring to know it may only take 20 mins or so to neat up Rate 2 tank where there's been no draw. This is what I was wondering.
I think the simple answer is I am indeed better off leaving g Rate 2 on and avoiding the booster.
To answer other questions, I have a very new storage heater and do set it to Holiday mode while I'm away, only kicking in if the temp drops to 10 degrees. I have been gradually tweaking the settings to be on less and less.
The £137 O quoted for 33 days' use is a bit misleading as I was only there about 20 days...equating to £212 if I'd been there every day. Is thst still high for a winter month?
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