Do smart meters work with Economy 10?

Do smart meters work with Economy 10?

Simple answer: no. There’s no such thing as an Economy 10 smart meter, which means Economy 10 tariffs are incompatible with existing smart meters. If you already have a smart meter installed in your home, you’ll need to replace it with an Economy 10 meter if you decide to switch.

Can I get Economy 10 electricity?

With Economy 10 you get one meter which has two rates. Economy 10 may also work with ceramic core heaters. Make the most of 10 hours of cheaper, off-peak electricity as it’s not just your heating and hot water that will be charged on the cheaper rate.

Is Economy 10 any good?

Is Economy 10 any good? Economy 10 is another ‘time-of-use’ energy tariff that gives a cheaper night rate, but it’s not as common as Economy 7. It needs an Economy 10 meter too. It’s usually good for those with storage heaters or electric heating who use lots of energy during the cheaper periods each day.

Does Utility Warehouse do Economy 10?

Economy 10 meters are also suited to members who have storage heating at their property or use a large amount of electricity during off-peak hours. The Economy 10 rate usually takes effect for three hours in the afternoon, two hours in the evening and five hours overnight.

Does octopus energy do Economy 10?

Unfortunately we are don’t offer an Economy 10 tariffs as of yet. We can have you on one of our standard tariffs, however for every MPAN you have at your property, you will be charged a standing charge for and you would lose 3 hours of your off peak electricity times.

Does Scottish Power Do Economy 10?

Hi ClareH unfortunately no we do not offer Economy 10 – Depending on what your heating system is will depend if we can offer you an equivalent tariff – Please call our centre to discuss it further and we can see if we support it.

What are the cheap times for Economy 10?

How much are the off-peak Economy 10 tariff rates?

• 3 off-peak hours in the afternoon (e.g. 1pm – 4pm)
• 2 in the evening (e.g. 8pm – 10pm)
• 5 overnight (e.g. midnight – 5am)

Is Economy 7 going to be phased out?

Does Economy 7 still exist? Economy 7 does still exist and can be one of the cheapest ways to save on your energy. Ideal for those who don’t need electricity during the day (if you have a storage heater and hot water tank), Economy 7 can be the cheapest energy option depending on your lifestyle.