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Getting confused about night rate electricity

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GDB2222
GDB2222 Posts: 26,204 Forumite
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Our house doesn't have gas, just a large night storage heater and a large night storage hot water cylinder.  We have a smart meter.

We are presently on an economy 7 tariff, but I can see some EV tariffs that offer much lower charges per unit, but only for 5 hours a night. How do I find out whether that's long enough to store all the heat I'll need? 



No reliance should be placed on the above! Absolutely none, do you hear?
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  • EssexHebridean
    EssexHebridean Posts: 24,424 Forumite
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    Do you have an EV? Some of those tariffs do require to see proof that you have, I believe. 

    What storage heaters do you have? The water will heat fine in the timeframe, but the room heating might be a different matter, particularly if your storage heaters aren’t high heat retention ones.
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  • GDB2222
    GDB2222 Posts: 26,204 Forumite
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    I don’t have an EV, although I can get an electric bike.

    We have an ancient whole house storage heater. I think it is on a 16 amp circuit. 
    No reliance should be placed on the above! Absolutely none, do you hear?
  • Robin9
    Robin9 Posts: 12,776 Forumite
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    You could try switching it off after 5 hours and seeing how quickly it looses it's heat
    Never pay on an estimated bill. Always read and understand your bill
  • I have to say it doesn’t *sound* like something that might work as well as needed with a 5 hour charge, particularly in the colder weather. CN you see a make and model on the system you have? 
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    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
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  • Newbie_John
    Newbie_John Posts: 1,215 Forumite
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    edited 11 October 2024 at 10:22PM
    Two issues here, you do need an actual electric car for these tarrifs wit car charger etc. and also the house wiring.. you storage heater and water tank are wired so they're always charged between certain times like 23-6.
    So even if you switch to tariff offering cheap rates 1-6am you may still end up paying for electricity in the expensive period - you would need to buy some extra automation to make it work with just specific times only.
  • GDB2222
    GDB2222 Posts: 26,204 Forumite
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    Thanks, everyone. I’m not able to check this properly, but I can see that it makes sense to get a standard night rate tariff for the time being. 
    No reliance should be placed on the above! Absolutely none, do you hear?
  • EssexHebridean
    EssexHebridean Posts: 24,424 Forumite
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    Have you shopped around to make sure that the E7 deal you are on currently is competitive? 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
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  • GDB2222
    GDB2222 Posts: 26,204 Forumite
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    Have you shopped around to make sure that the E7 deal you are on currently is competitive? 
    That’s what I was doing when I came across these EV tariffs!
    No reliance should be placed on the above! Absolutely none, do you hear?
  • I tend to agree that EV tariffs seem to be unfairly cheap by comparison with Economy 7 tariffs.  Or Economy 7 tariffs are unfairly expensive by comparison with the EV ones.
    Reed
  • Scot_39
    Scot_39 Posts: 3,467 Forumite
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    edited 12 October 2024 at 9:17PM
    They will be based on a different use distribution - one likely more consistent off-peak use across seasons.

    I suspect the average EV driver will use more overnight in summer when demand is arguably that bit lower - so perhaps prices lower - and less in winter - when overnight demand is higher (when c2.5m+ on E7 - will potentially be using 10s kWh to charge their NSH, heat store boilers or Agas etc) - when perhaps overnight rates are that little bit higher.  

    Other factors like wind power outputf availability increasingly disrupt rates from week to week - not just as simply demand driven anymore.


    But there will likely be a marketing component in any new and fast growing market - that might be feeding into lower rates.

    And not sure that many Ev tariffs actually designed for E7 users to swap onto - impact of reduced hours, potential meter tariff and ALCS changes etc - it's not a trivial thing to guarantee will always work - especially at the more optimised variable timing models.

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