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Switching from standard meter to economy 7/10 meter


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Hello folk,

 

I called my electricity supplier (extra energy) to tell them I wanted to go onto an economy 7/10 tariff, they told me that they can't do it because it meant replacing my meter

 

Am I being lead down the garden path?

 

From what i understand you need a meter than can show 2 readings, peak hours usage and off peak hours usage. Standard meters just show 1 reading.

 

If it makes sense to go onto an economy 7/10 tariff and Extra Energy won't do this, then speak to a few different suppliers to enquire about this. It might be difficult to find out how competitive any new supplier is, because you probably would need to go on a standard tariff first, then they do the meter change and you then pay relevant economy 7/10 tariffs. You can ask them what the tariffs are as a guide.

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why do you think you need to go 7/10?

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why do you think you need to go 7/10?

 

I fitted solar panels back in 2014, so most of my consumption during the daytime is free of charge, but still I purchase 12,000 Kw from my friendly electricity supplier.

 

My household is a 24/7 estalishment, let me explain:

 

I get up at around 2am, do about 3 hurs work using my computer then am out the house normally by 5am and get back around 2pm. Do some more work on the computer, cook my supper using a mixture of gas and electricity then I am in bed by 6pm at the latest, this happens 7 days a week.

 

My wife gets up at 6am, leaves for work at 7am and isn't back home until 6:30/7pm, cooks her supper, mostly using electricity, around 8pm and goes to bed at around 11pm, Monday to Saturday.

 

Because of this the heating is constantly on at 19°C, this is provided by an air source heat pump. I am off gas grid, and for years the central heating was done using propane, a jolly exensive exercise.

 

I have calculated that more than 50% of my consumption from the grid is between dusk to dawn, more so in the winter months, when the central heating is working at it's hardest after sundown.

 

If I set the heat pump to heat the water in the storage tank between midnight and 7am the night consumption will increase. There are other appliances that I can run after midnight, such as the dishwasher and the washing machine.

 

Since the only appliances that is consuming electricity between 7am and 2pm is the heatpump, a couple of fridges and a chest freezer, I strongly believe that the energy produced by the panels is more than sufficient to cope. Hence the idea of economy 10, a couple of cheap hours between 3 and 5, a further 3 hours between 7 and 10 and 5 hours between 2am and 7am.

Edited by Sir Vere Brayne d'Emmidge
mispelling
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There may be a cost to exchange the meter.

It used to be about £50.

 

 

We have air source heating with remote control and are on E10 with Ovoenergy.

 

 

It works out a lot cheaper than standard tariff as the economy is from 12 - 5am, then 1-4pm and again from 8-10pm.

 

 

Our heating is set at 20C.

 

 

There are just the two of us in a two bedroom place so our bill on average is £80 a month.

 

 

During winter the highest it has ever been is £110 however in summer it is down to under £40.

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There may be a cost to exchange the meter. It used to be about £50. We have air source heating with remote control and are on E10 with Ovoenergy. It works out a lot cheaper than standard tariff as the economy is from 12 - 5am, then 1-4pm and again from 8-10pm. Our heating is set at 20C. There are just the two of us in a two bedroom place so our bill on average is £80 a month. During winter the highest it has ever been is £110 however in summer it is down to under £40.

 

Since what you descibe is more or less what \i have I will make a point of switching to Ovo after my fixed rate with Extra is over

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Since what you descibe is more or less what \i have I will make a point of switching to Ovo after my fixed rate with Extra is over

Only a few suppliers offer E10. You may still incur the meter change charge, but this will be recvoered in the first year. Beware that Ovoenergy quote prices excluding the 5% VAT which is a bit naughty of them however it is in the small print at the bottom. Not sure why they think a domestic customer can claim back the VAT?

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