Electric heating only flat

MattMattMattUK

snowqueen555 said:

MattMattMattUK said:

Quantums and go on an E7/EV tariff which whilst it would result in an initial outlay would be cheaper in the long run, especially in winter when if the £200-300 pm figure is correct would save the installation cost in one winter.

I'm not so sure about that? I'm thinking night rate is around half the price, and lets say I use the heaters for 4 months a year, would save a modest amount each year to make back the cost of the storage heater.

Say four months with a £200pm month saving, two months with a £100pm saving, another six with a £50pm saving (hot water from tank vs instant electric), saving around £1,300 in the first year. You only really need one in the living room and master bedroom, bedroom one could be small as it does not need much heat, the living room one would not need to be large based on the size of the room, maybe a cost of £1,500-2k, but still not huge when accounting for the savings. You can also save smaller amounts by moving laundry and dishwasher usage to overnight

snowqueen555 said:

Then for most of the year I would then be on the higher rate when I don't need to use the heating.

You could be saving from hot water usage though, which in summer likely represents greater than 70% of energy usage unless you are a hardcore high end PC gamer or obsessive baker. 

snowqueen555 said:

As you said there is an immersion heater. I have read some people don't even turn them on, especially if they have an electric shower and use a kettle instead to basic washing of the dishes LOL. Absolutely crazy we need to think like this in 2025.

Some people do not, less about they way they choose to live, more about them not doing things sensibly. 

snowqueen555

MattMattMattUK said:

snowqueen555 said:

MattMattMattUK said:

Quantums and go on an E7/EV tariff which whilst it would result in an initial outlay would be cheaper in the long run, especially in winter when if the £200-300 pm figure is correct would save the installation cost in one winter.

I'm not so sure about that? I'm thinking night rate is around half the price, and lets say I use the heaters for 4 months a year, would save a modest amount each year to make back the cost of the storage heater.

Say four months with a £200pm month saving, two months with a £100pm saving, another six with a £50pm saving (hot water from tank vs instant electric), saving around £1,300 in the first year. You only really need one in the living room and master bedroom, bedroom one could be small as it does not need much heat, the living room one would not need to be large based on the size of the room, maybe a cost of £1,500-2k, but still not huge when accounting for the savings. You can also save smaller amounts by moving laundry and dishwasher usage to overnight

How have you worked out I'd be saving £200 for four months in the winter and £100 for another 2?

MattMattMattUK

snowqueen555 said:

MattMattMattUK said:

snowqueen555 said:

MattMattMattUK said:

Quantums and go on an E7/EV tariff which whilst it would result in an initial outlay would be cheaper in the long run, especially in winter when if the £200-300 pm figure is correct would save the installation cost in one winter.

I'm not so sure about that? I'm thinking night rate is around half the price, and lets say I use the heaters for 4 months a year, would save a modest amount each year to make back the cost of the storage heater.

Say four months with a £200pm month saving, two months with a £100pm saving, another six with a £50pm saving (hot water from tank vs instant electric), saving around £1,300 in the first year. You only really need one in the living room and master bedroom, bedroom one could be small as it does not need much heat, the living room one would not need to be large based on the size of the room, maybe a cost of £1,500-2k, but still not huge when accounting for the savings. You can also save smaller amounts by moving laundry and dishwasher usage to overnight

How have you worked out I'd be saving £200 for four months in the winter and £100 for another 2?

Basing that on the upper end of the neighbours £300 per month in winter, four months of winter, two months of cooler sprint and autumn either side, plus £50pm hot water and load shifted energy usage during the other months of the year. Of course it would be less of a saving versus sitting in the cold all winter. 

snowqueen555

MattMattMattUK said:

snowqueen555 said:

MattMattMattUK said:

snowqueen555 said:

MattMattMattUK said:

Quantums and go on an E7/EV tariff which whilst it would result in an initial outlay would be cheaper in the long run, especially in winter when if the £200-300 pm figure is correct would save the installation cost in one winter.

I'm not so sure about that? I'm thinking night rate is around half the price, and lets say I use the heaters for 4 months a year, would save a modest amount each year to make back the cost of the storage heater.

Say four months with a £200pm month saving, two months with a £100pm saving, another six with a £50pm saving (hot water from tank vs instant electric), saving around £1,300 in the first year. You only really need one in the living room and master bedroom, bedroom one could be small as it does not need much heat, the living room one would not need to be large based on the size of the room, maybe a cost of £1,500-2k, but still not huge when accounting for the savings. You can also save smaller amounts by moving laundry and dishwasher usage to overnight

How have you worked out I'd be saving £200 for four months in the winter and £100 for another 2?

Basing that on the upper end of the neighbours £300 per month in winter, four months of winter, two months of cooler sprint and autumn either side, plus £50pm hot water and load shifted energy usage during the other months of the year. Of course it would be less of a saving versus sitting in the cold all winter. 

Economy 7 is around half the price of the day rate, so it's not possible to more than half the bill. Don't get me wrong, I may save some money, but it most cut the winter bill by 66%. Best I could get is halving the bill, but that would mean if literally all by electric was used at night, which isn't going to happen.

MattMattMattUK

snowqueen555 said:

MattMattMattUK said:

snowqueen555 said:

MattMattMattUK said:

snowqueen555 said:

MattMattMattUK said:

Quantums and go on an E7/EV tariff which whilst it would result in an initial outlay would be cheaper in the long run, especially in winter when if the £200-300 pm figure is correct would save the installation cost in one winter.

I'm not so sure about that? I'm thinking night rate is around half the price, and lets say I use the heaters for 4 months a year, would save a modest amount each year to make back the cost of the storage heater.

Say four months with a £200pm month saving, two months with a £100pm saving, another six with a £50pm saving (hot water from tank vs instant electric), saving around £1,300 in the first year. You only really need one in the living room and master bedroom, bedroom one could be small as it does not need much heat, the living room one would not need to be large based on the size of the room, maybe a cost of £1,500-2k, but still not huge when accounting for the savings. You can also save smaller amounts by moving laundry and dishwasher usage to overnight

How have you worked out I'd be saving £200 for four months in the winter and £100 for another 2?

Basing that on the upper end of the neighbours £300 per month in winter, four months of winter, two months of cooler sprint and autumn either side, plus £50pm hot water and load shifted energy usage during the other months of the year. Of course it would be less of a saving versus sitting in the cold all winter. 

Economy 7 is around half the price of the day rate, so it's not possible to more than half the bill. 

That really depends on region and supplier, as an example in quite a few regions. The only supplier who consistently publishes a tariff is EDF, their current E7 tariff in your region has a night rate of around half of the Price Cap rate, however shopping around suppliers can mean one is able to find one around 8p per kWh, which is less than a third of the normal SVT rate. Other people game the system using EV tariffs as an E7 tariff when the night rate sits in the 6-8p per kWh range. Octopus offer Snug, designed specifically for storage heater, that offers an off peak rate of 9p per kWh, 39% of SVT. 

snowqueen555 said:
Don't get me wrong, I may save some money, but it most cut the winter bill by 66%. Best I could get is halving the bill, but that would mean if literally all by electric was used at night, which isn't going to happen.

Using an EV tariff there are others on here who have got down to around 35% of the SVT rate on average (EV rates themselves are around 30% of SVT), it does depend both load shifting and usage during the day rate, cooking a lot, or a lot of other energy usage reduces that ability to save. I am not saying that it will work for you, but there are often significantly bigger savings possible than many realise. 

WiserMiser

MattMattMattUK said:

You can also save smaller amounts by moving laundry and dishwasher usage to overnight.

Summer E7 probably starts around 2330, washing machine starts up.  Spin dryer kicks in around 0130.  The neighbours will be thrilled to hear that you're saving money...

QrizB

OP you've been looking at flats for about two years now! Have none of them been suitable?

MattMattMattUK

WiserMiser said:

MattMattMattUK said:

You can also save smaller amounts by moving laundry and dishwasher usage to overnight.

Summer E7 probably starts around 2330, washing machine starts up.  Spin dryer kicks in around 0130.  The neighbours will be thrilled to hear that you're saving money...

It will be different in different buildings, but I cannot hear theirs, they cannot hear mine, we have tested it, no issues there. 

itsthelittlethings

I have an electric only flat, studio, one panel heater in the main room, South facing, very well insulted, bills are £90/ month. Electric boiler for hot water.

Newbie_John

Consider smart tarriffs like Good Energy EV tarrif with 6p (quarter the standard rate) between 0-5am to charge storage heaters. It will make your heating costs similar to gas. £2-£3k for storage heaters it's a 1% cost of the flat - and makes it much easier for future buyers if you wish to sell.

We live in 3 bed detached house which is electric only, bills are £100 in winter, £50 in summer. It all can be done cheap - so I wouldn't worry much.

No gas also means £200ish less a year on standing charges..