Electric Bill Increase

victor2

Based on your July readings a year apart, you used 2,302 kWh daytime and 2,805 night, giving a total of 5,107 for the year, so less than their estimates, but with a 45% to 55% day/night split, making E7 worthwhile.

So, if you repeat that usage, it would cost you £1,138 for a year on the E7 fix or £1,310 on the present tariff, which is variable, and likely to increase.

Even if you go with the fix at the monthly rates they're suggesting, you'll more than cover your usage costs. That doesn't consider any credit or debit current balance though.

Scot_39

venomx said:

Scot_39 said:

The benefit of the e7 tariff depends largely on your e7 off peak use as a percentage of total.


It is unclear whether you are being billed at single rate on a current dual rate meter or if BG are just assuming a split as it only mentions your 5809kWh total.

You say you submitted readings plural.  So are you being billed SR on a dual rate meter - if so can you provide tge split of the 5809 between peak and off peak registers.




The above quote assumes around 55% of total off peak if Ive got my mental arithmetic right - but if not from your own twin readjngs - how did they get usage split ?
.

Yes as far as I know my current Tariff has the same rate for day AND night which is why I'm considering changing to an E7 Tariff so it costs less overnight. Here are the meter readings for the last year

Taking July to July

I make that

Peak Day 52093-49791 = 2302 
OffPk Night 45761-42956 = 2805

2805 / (2805+2302) = 55%

Which I think was the basis for the quote albeit at a  higher annual total. 

But I used around 15-20% fewer kWh over Dec to Feb as quite mild here at times so maybe more realistic for typical winter.

But if those registers haven't wrapped, long term it's more like 

45761/(45761+52093) = 47%.

Still a very viable level to pick e7.



So apart from the c5.8p standing charges,the e7 fix  at 55% = ave rate of 18.3p  3.3p cheaper than SR SVT.

Which is forecast to increase in Oct anyway.