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  • FIRST POST
    • dobbiesloan
    • By dobbiesloan 16th May 19, 8:56 AM
    • 1,597Posts
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    dobbiesloan
    Night rate/Day rate.
    • #1
    • 16th May 19, 8:56 AM
    Night rate/Day rate. 16th May 19 at 8:56 AM
    Can someone settle an argument between my sister and myself.

    She moved into a house that once had storage radiators and still had the day/night meter. She had it taken out as she is convinced that the electric companies charge a higher day rate to make up for the money they loose on the cheaper night rate.
    Is she right? Scottish rules if there different
    GONE ENGLAND
Page 1
    • Andy_WSM
    • By Andy_WSM 16th May 19, 9:13 AM
    • 2,149 Posts
    • 4,568 Thanks
    Andy_WSM
    • #2
    • 16th May 19, 9:13 AM
    • #2
    • 16th May 19, 9:13 AM
    Yes, she is absolutely right - and usually a higher standing charge too. ECO 7 only makes sense if you can use most of your electricity in the off peak time - or if, for example, you have solar panels so use little daytime electricity anyway.

    • dunstonh
    • By dunstonh 16th May 19, 9:22 AM
    • 98,597 Posts
    • 66,999 Thanks
    dunstonh
    • #3
    • 16th May 19, 9:22 AM
    • #3
    • 16th May 19, 9:22 AM
    She is partially right. However, the difference is very small. So, they are not making up what they lost at night rate.

    She didnt need the meter removed. You can go onto a single price tariff using an E7 compliant meter. You just give both readings and day/night get charged the same rate.

    You need about 1/3rd of your use during the night rate for E7 to work out cheaper.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • Talldave
    • By Talldave 16th May 19, 10:56 AM
    • 176 Posts
    • 73 Thanks
    Talldave
    • #4
    • 16th May 19, 10:56 AM
    • #4
    • 16th May 19, 10:56 AM
    She is partially right. However, the difference is very small. So, they are not making up what they lost at night rate.

    She didnt need the meter removed. You can go onto a single price tariff using an E7 compliant meter. You just give both readings and day/night get charged the same rate.

    You need about 1/3rd of your use during the night rate for E7 to work out cheaper.
    Originally posted by dunstonh
    Very true. I can't remember the last time I lived somewhere without an E7 meter but I've never been on an E7 tarrif (and have been paying electricity bills for around 30 years! ).
    • AndyPK
    • By AndyPK 16th May 19, 11:17 AM
    • 3,822 Posts
    • 1,121 Thanks
    AndyPK
    • #5
    • 16th May 19, 11:17 AM
    • #5
    • 16th May 19, 11:17 AM
    E7 tarriff deals aren't very good, so that is another good reason, not to be on E7 if you don't need to be
    • Houbara
    • By Houbara 16th May 19, 12:55 PM
    • 4,565 Posts
    • 3,139 Thanks
    Houbara
    • #6
    • 16th May 19, 12:55 PM
    • #6
    • 16th May 19, 12:55 PM
    Yes, she is absolutely right - and usually a higher standing charge too. ECO 7 only makes sense if you can use most of your electricity in the off peak time - or if, for example, you have solar panels so use little daytime electricity anyway.
    Originally posted by Andy_WSM
    Eco 7 prices are constantly moving as are single rate but at the moment in my area at least, its cheaper to be on an Eco 7 with day/night reads than a single rate tariff..
    Eg , based on 3000 kwhs with Symbio , the cheapest in my area with a split of 2000 kwhs day/1000 night it is cheaper to be billed Eco 7 two rate than 3000kwh s single rate.
    Eco 7 prices day =13.35p/kwh night =11p/kwh 10.50 dsc..total for year is 415
    single rate billing for 3000 kwh s =day 13.41p/kwh, dsc 10.50 dsc total for year is 440.
    So Eco 7 trumps single rate , at least in South Yorkshire..
    Advice is to consult ,, say Ukpower.co.uk trying your annual estimated in both Eco 7 and single..
    Bulb are also in the running for cheapest UK rates on 3000 kwhs on Eco 7 at a total of 465 , less the 50 referral fee
    Last edited by Houbara; 16-05-2019 at 10:07 PM.
    • Houbara
    • By Houbara 16th May 19, 1:00 PM
    • 4,565 Posts
    • 3,139 Thanks
    Houbara
    • #7
    • 16th May 19, 1:00 PM
    • #7
    • 16th May 19, 1:00 PM
    E7 tarriff deals aren't very good, so that is another good reason, not to be on E7 if you don't need to be
    Originally posted by AndyPK
    They are good in my area..Day 13.35p/kwh night 11p kwh DSc is 10.50 p. That is with Symbio ..
    Bulb and Yorkshire Energy are also giving rates which can beat single rates even with low night rate usage.
    The old advice that Eco 7 is always dearer may not be true.
    .Consult a comp site to get the truth
    • JStewer
    • By JStewer 16th May 19, 6:15 PM
    • 41 Posts
    • 6 Thanks
    JStewer
    • #8
    • 16th May 19, 6:15 PM
    • #8
    • 16th May 19, 6:15 PM
    Can someone settle an argument between my sister and myself.

    She moved into a house that once had storage radiators and still had the day/night meter. She had it taken out as she is convinced that the electric companies charge a higher day rate to make up for the money they loose on the cheaper night rate.
    Is she right? Scottish rules if there different
    Originally posted by dobbiesloan
    Depends. Varies by supplier & region

    Hopefully she consulted a comparison site and made an educated decision.
    • JStewer
    • By JStewer 16th May 19, 6:17 PM
    • 41 Posts
    • 6 Thanks
    JStewer
    • #9
    • 16th May 19, 6:17 PM
    Nonsense
    • #9
    • 16th May 19, 6:17 PM
    E7 tarriff deals aren't very good, so that is another good reason, not to be on E7 if you don't need to be
    Originally posted by AndyPK
    Nonsense. Sorry, but that really is total nonsense.
    • JStewer
    • By JStewer 16th May 19, 6:18 PM
    • 41 Posts
    • 6 Thanks
    JStewer
    So's this!
    Yes, she is absolutely right - and usually a higher standing charge too. ECO 7 only makes sense if you can use most of your electricity in the off peak time - or if, for example, you have solar panels so use little daytime electricity anyway.
    Originally posted by Andy_WSM
    Whatever has happened to this forum???
    • Talldave
    • By Talldave 16th May 19, 6:36 PM
    • 176 Posts
    • 73 Thanks
    Talldave
    Nonsense. Sorry, but that really is total nonsense.
    Originally posted by JStewer
    Agreed. If you use a significant portion of power overnight E7 deals will be better. Years ago, last time I bothered looking, the break-even point was 35% or more at night. No idea what the figure is nowadays, but I'm around the 20% mark.

    Annoyingly, some comparison sites work out that you have an E7 meter and insist on showing only E7 tarrifs. Utterly stupid.
    • JStewer
    • By JStewer 16th May 19, 6:47 PM
    • 41 Posts
    • 6 Thanks
    JStewer
    Agreed. If you use a significant portion of power overnight E7 deals will be better. Years ago, last time I bothered looking, the break-even point was 35% or more at night. No idea what the figure is nowadays, but I'm around the 20% mark.

    Annoyingly, some comparison sites work out that you have an E7 meter and insist on showing only E7 tarrifs. Utterly stupid.
    Originally posted by Talldave
    The break even point can vary from less than 0% (yes, where you will always be better off on E7) to about 70-80%

    As I said it varies based on supplier & region

    It is annoying that the comparison sites only show you the tariffs you can switch to, isn't it.

    Boy! has this forum gone down hill, fast.
    • Talldave
    • By Talldave 16th May 19, 7:23 PM
    • 176 Posts
    • 73 Thanks
    Talldave
    The break even point can vary from less than 0% (yes, where you will always be better off on E7) to about 70-80%

    As I said it varies based on supplier & region

    It is annoying that the comparison sites only show you the tariffs you can switch to, isn't it.

    Boy! has this forum gone down hill, fast.
    Originally posted by JStewer
    It's annoying when they will only show E7 tariffs, when I can switch to ANY tariff, E7 or non E7. So what point were you trying to make, albeit sarcastically?
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