However, it could work for you if you tend to use more energy during the specified Economy 7 times. Economy 7 could be a cheaper option for those who use more energy in the night than during the day. If you're on an Economy 7 tariff, on the other hand, you'll be charged more during the day and less during the allocated Economy 7 times. That means washing clothes or running the dishwasher is a more cost-effective thing to do outside of daytime hours if you have an Economy 7 meter.
With Uswitch, you can compare Economy 7 tariffs to find a cheaper deal. Below are the current cheapest Economy 7 plans that Uswitch can help you switch to. These are the cheapest Economy 7 tariffs in the UK based on average usage, so click 'compare now' to search fro the best Economy 7 tariff and prices tailored to you:.
Prices are based on average bill sizes for a medium energy user on an Economy 7 plan paying by monthly direct debit, and averaged across all regions. This table is updated hourly from Uswitch's database of all Economy 7 plans on the open market that are available in at least 7 of 14 regions. If you don't have Economy 7 energy but would like to switch to it you will need to go through the Economy 7 meter installation process.
Switching from Economy 7 to standard feels straightforward, but you will need to contact your electricity supplier to find out more about the process. This is because you will probably need to meet some acceptance criteria to make the switch. You may also have to have a new meter installed, which your energy supplier will often charge you for.
In some circumstances you may be able to arrange to carry on using your Economy 7 meter when you switch to a standard tariff; again, your current supplier should be able to tell you if this is the case. When you do your comparison with Uswitch, we ask if you have Economy 7 - if you say that you do, we'll tailor your results so you only see relevant tariffs.
Compare Economy 7 prices now to find the best electricity prices for you. Economy 7 can save money for some households, but it is not the right electricity tariff for everyone. Some people with Economy 7 find that it makes their bills more expensive, because they don't use enough energy during their Economy 7 times.
Whether or not it will be cost-effective for you will depend on a number of different factors:. Some Economy 7 plans charge almost twice the standard night rate for any electricity used in the day, which can cancel out the benefits of the cheap electricity you get at night. The more electricity you use at night and the less you use in the day, the more money you will save with Economy 7 energy.
An Economy 7 tariff is best suited to people who have electric storage heaters and a hot water tank. The idea is that you heat up the electric storage heaters overnight and that they slowly emit the heat the next day, and that you heat all your hot water for the next day overnight too. This comes from two main sources. First , we provide paid placements to advertisers to present their offers. This site does not include all companies or products available within the market.
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A standard meter monitors your usage and calculates your bill using a single rate per kW per hour kWh. With an Economy 7 meter, the off-peak rate is charged during a seven-hour period running from say, 11pm to 6am, or 1am to 8am.
With an Economy 10 meter, the off-peak rate period lasts for 10 hours, typically broken down into seven hours during the night and three hours during the day. Sound complicated? Economy 7 meters track daytime and night-time use of electricity separately, so you can benefit from a different lower kWh rate at night-time — a bit like you would on an off-peak phone call.
With a specially installed Economy 7 meter, you get access to cheaper electricity for seven hours each night. The day rate is often more expensive than the day rate on a normal tariff, meaning that this approach does not help everyone to save money. However, it could work for you if you tend to use more energy at night.
You can tell you have an Economy 7 or an Economy 10 meter because it shows two sets of numbers, rather than a single reading. There are currently no energy deals priced below standard tariffs, so we have temporarily suspended our switching service. Economy 7 meters can save you energy and lower your bills if you plan ahead and use your electricity during off-peak times. Setting home appliances to come on at night can make a big difference to your bills.
Things like washing machines, dishwashers, bread-makers, slow cookers etc can happily run overnight to make the most of off-peak rates. If you have an electric vehicle you could also save money by charging overnight.
Some energy suppliers now offer more competitive tariffs specifically for EV owners. If you have storage heaters you can make the most of Economy 7 by programming them to charge overnight. That way they charge up at the cheapest time to use electricity. They'll keep you warm during the day without using the higher day rate. If you're working from home or spending more time in your house during the day, it'd be worth checking if Economy 7 is still the best choice for you.
The daytime, peak electricity rate is usually more expensive than a single-rate tariff, so switching tariffs might be better for you. A lot of suppliers us included! The current smart meters can work in an Economy 7 mode. So if you have an EDF Economy 7 meter but would like a smart meter, book your installation in MyAccount or call us on 1 to chat through your needs.
We do offer a great range of energy tariffs and smart meters though. A lot of people have E7 meters that may not be right for them anymore. Check your electricity use and compare energy tariffs to make sure you're on the best plan for your needs. In a nutshell, Economy 10 gives you 10 hours of electricity at lower rate.
A complex meter is basically any meter other than single rate or Economy 7. Meters like Economy 9, Heatwise and Warmwise. They're called 'complex' because they usually have two or more rates. So your 'off-peak' rates could be grouped throughout the day and night. Depending on the time of year, here's an example of what E10 off-peak times could be;.
You need to be really organised when on E10 because the electricity rate during peak hours will probably be a lot higher, so could end up costing more than you think. They're not called 'complex' for nothing!
In a word - lots! Some complex meters are restricted by property type, some are restricted by which distribution area you're in. Not sure which distribution network you're in?
Check out the Ofgem website to find out more. Here's a summary of some of the most common complex meters;. This means you have to have your heating and hot water on a separate circuit to the rest of your home electricity supply. All other electricity use washing machines, hairdryers etc would be charged at the relevant day or night rate. It controls shared heating and hot water and can be operated to respond to varying demand for heating and hot water, depending on the weather.
This spreads the demand for electricity across an area evenly during the day. There are three different off-peak times; three hours in the afternoon, two hours in the evening and five hours overnight.
Off-peak meters offer cheaper electricity at times chunked together during the day or night. All other electricity use washing machines, hairdryers etc would be charged at a the relevant day or night rate. If you're still not sure what type of meter you have you can check your bill, or contact your supplier to find out more.
Additionally, if you want to learn more about electricity and elelctric meters you can find out more with our handy blog. Need more help with complex metering? Get in touch with our specialist complex metering team on With energy prices so high at the moment, now's not the time to switch tariffs and providers. You can sign up to our price alerts and we'll let you know when energy prices start falling again so you'll be able to switch to a better deal.
Your Guide to Switching Energy Suppliers. Your guide to kwh and how it can save you money. Learn how you can be more energy efficient. Calls to UK wide numbers are included in any inclusive call plan you may have.
For home. Log in. If you would like to request a call back, just submit your details using the enquiry form and we'll be in touch shortly. You can also simply email us directly if you would prefer. Please leave this field empty. Search for:. Off-Peak Hours Economy 7 times can be confusing.
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