LATEST ECONOMY 10 PRICES: It’s been a busy few weeks here at Economy10.com, rolling out the new community-powered approach for the website – it’s great to see so many people getting involved. But it also highlights how little the big energy companies are doing to support these customers. E10 prices still aren’t available on switching sites so we’ll continue to publish as much information as possible in the meantime. Read on to find out who provides the cheapest Economy 10 tariffs…
- There are six Suppliers who fully support E10. They will install a new E10 meter if you don’t already have one, fix a faulty E10 meter, and generally provide a better understanding of the whole process.
- There are a further ten Suppliers who partially support E10. They usually apply their E7 prices to your E10 meter (that’s ok). They don’t usually fit new E10 meters if you don’t already have one, and may not be able to fit a like-for-like replacement if your E10 meter has a fault. Quality of E10 information can be variable with some of these suppliers so you may need to be patient.
- To complicate matters, each Supplier sets different prices in each of the UK’s 14 Regions. The cheapest supplier in one region may not be the cheapest supplier in other regions.
From the latest user survey, we have a complete picture of all suppliers in Region 17 (North Scotland). Even if this isn’t your region, it should give you an indication of who the cheapest and most expensive options are likely to be:
There’s a lot in this graph so let me explain:
- Bars show the price of peak (orange) and off-peak (grey) electricity, in pence per kWh, from each supplier.
- Darker bars show suppliers who fully support E10, with a dot next to their name.
- Blue values are an average price, assuming 80% of your usage is off-peak.
- Red values at the bottom are the standing charge, in £ per annum. Any paperless billing discounts are already deducted. This assumes payment by monthly direct debit.
- Note: Our Power only supplies in Scotland. iSupply supplies everywhere except North Scotland. E.On will only quote for existing customers. Scottish Power don’t seem sure if they support E10 or not (probably not). The rest should be available across the UK.
You can see that two of the large players, SSE and EDF are a whopping 50% more expensive than the cheapest in this region. Switching your electricity supplier could save you hundreds of pounds each year. Links to all the suppliers are on the website here.
I’ve written a separate post about EDF’s 20-25% price hike, and how their prices vary regionally. And for more background info on E10 pricing click here.
In the meantime if you get any new supplier quotes, please add them to the community using this web form and I’ll periodically summarise and post on the blog.
Hope this helps!
p.s. This website is independent of any electricity supplier and we don’t take commissions for referrals. If you’d like to support the project, feel free to buy me a coffee 🙂