Economy 7 Being phased out??

grima2017
grima2017 Posts: 4 Newbie
Seventh Anniversary First Post
My late mother's apartment is in a Mccarthy and Stone block - it is rented out.  All heating is electric,  with night storage heaters. We were planning to replace one, but the complex manager told me "The actual Meter Technology for Economy 7 was deactivated on the 31st March 2025 and Economy 7 is being phased out completely by the 30th June 2025. The reason for this the Radio Teleswitch Service (RTS) will be shut down as all coal-fire Power Stations are being decommissioned." I know about the RTS  and as we got a smart meter several years ago, I assume we are alright. Other than that,what is he talking about???

Comments

  • Mark_d
    Mark_d Posts: 2,171 Forumite
    1,000 Posts First Anniversary Name Dropper
    It sounds like this guy is talking nonsense.  Coal-fired powerstations are nothing to do with RTS.  RTS is being shutdown because the costs of keeping it running are uneconomic.
    Economy 7 is not being phased out.  There are many meters out there with fixed switching times eg. midnight and 6am.
    Smart Meters can be configured with fixed switching times or switching times that are controlled remotely.
  • GingerTim
    GingerTim Posts: 2,499 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 22 April at 4:00PM
    The complex manager is an idiot - coal fired power stations shutting down means the RTS being turned off? How much wrongness was he trying to cram into one paragraph?

    Economy 7 continues just fine. You have a smart meter and have nothing to worry about: https://www.ofgem.gov.uk/information-consumers/energy-advice-households/replacing-your-radio-teleswitch-electricity-meter

    I hope the complex manager isn't causing residents unnecessary stress.  Send him the above link.
  • Gerry1
    Gerry1 Posts: 10,838 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    He's talking total nonsense and should be ignored.  Better still, politely advise him so that he doesn't mislead others.
    What's intended to replace the storage heater?  Hope you're not about to make a big mistake...
  • MattMattMattUK
    MattMattMattUK Posts: 10,650 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    grima2017 said:
    My late mother's apartment is in a Mccarthy and Stone block - it is rented out.  All heating is electric,  with night storage heaters. We were planning to replace one, but the complex manager told me "The actual Meter Technology for Economy 7 was deactivated on the 31st March 2025 and Economy 7 is being phased out completely by the 30th June 2025. The reason for this the Radio Teleswitch Service (RTS) will be shut down as all coal-fire Power Stations are being decommissioned." I know about the RTS  and as we got a smart meter several years ago, I assume we are alright. Other than that,what is he talking about???
    Economy 7 is not being phased out, RTS switched services are being phased out, but E7 works on a set time, or if a smart meter works on the network time. The manager is talking total bovine excreta. 

    The property will likely need to have a smart meter installed and may need some tweaks to wiring depending on how old the installation and consumer unit(s) are, but the meter will be installed for free and any changes would be a few hundred at most. 
  • GingerTim
    GingerTim Posts: 2,499 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Gerry1 said:
    He's talking total nonsense and should be ignored.  Better still, politely advise him so that he doesn't mislead others.
    What's intended to replace the storage heater?  Hope you're not about to make a big mistake...
    Perhaps he has shares in magic dust-filled radiators!
  • Gerry1
    Gerry1 Posts: 10,838 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    GingerTim said:
    Gerry1 said:
    He's talking total nonsense and should be ignored.  Better still, politely advise him so that he doesn't mislead others.
    What's intended to replace the storage heater?  Hope you're not about to make a big mistake...
    Perhaps he has shares in magic dust-filled radiators!
    Or is thick as a Box of Bricks !
  • Scot_39
    Scot_39 Posts: 3,138 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 22 April at 6:57PM
    Nonsense.
    Linking RTS radio signal to coal fired power - really - wow.
    Exactly the sort of confused - but if said with authority - enough to sound convincing - no one should be spouting - especially dare I say it in the context of what is I assume one of their retirement complexes.

    Its difficult enough for many to keep track - without misinformation.

    NSH are far from dead - arguably especially for flats - and over 2 million homes still on E7 last year.  And many on RTS are now being fitted with the old E10 variant of fixed TOU tariffs (Ovo doing that for many of their old SSE THTC customers in NE).

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