Reply To: Economy 10, Economy 7 or Standard

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#2183
Michael
Participant

Hi Marcus

Economy 10 is only beneficial if you are maximising your energy usage during the off peak periods i.e running your heating, hot water boiler, washing machine/tumble dryer during these hours as you do pay a higher than standard rate for usage outside these hours. If the vast majority of your usage is not during the off peak hours then you may well benefit from a single rate tariff. Using myself as an example I use 80% of my electricity off peak so economy 10 is the best option for my usage and saving over £100 on the cheapest single rate tariff. You would probably only benefit from economy 10 if you are using a minimum of 50% off peak.