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Dual rate meter, no storage heaters - do I submit my readings as Economy 7?

  • 13 February 2018
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I've just submitted my first readings. The options were Single rate meter or Economy 7. Well it's not single rate so I selected Economy 7 and submitted the Day and Night readings. But my previous statements don't mention Economy 7 only Day and Night rates. We have no storage heaters, we have a new air source heat pump, so how am I going to be charged?
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Best answer by Tim_OVO 14 February 2018, 18:45

Updated 27/05/20

 

This sounds like an Economy 7 meter, @Bob Pierce. 7 hours of off peak (Night) usage. It might be Economy 10 maybe, but either way you will submit the off peak reading to the 'Night' register and the peak reading to the 'Day' register.

As you don't have storage heaters, it might not be worth having a Day and Night (Economy 7) tariff. This topic is about switching to a single rate tariff: https://forum.ovoenergy.com/switching-new-to-ovo-32/can-i-switch-to-ovo-and-go-from-economy-7-to-a-single-rate-meter-and-tariff-1163

This topic offers to help you find out when your meter switches from Day and Night: https://forum.ovoenergy.com/our-plans-and-pricing-31/so-your-economy-7-meter-gives-you-off-peak-cheap-electricity-but-when-is-it-cheapest-42

Tim

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Updated 27/05/20

 

This sounds like an Economy 7 meter, @Bob Pierce. 7 hours of off peak (Night) usage. It might be Economy 10 maybe, but either way you will submit the off peak reading to the 'Night' register and the peak reading to the 'Day' register.

As you don't have storage heaters, it might not be worth having a Day and Night (Economy 7) tariff. This topic is about switching to a single rate tariff: https://forum.ovoenergy.com/switching-new-to-ovo-32/can-i-switch-to-ovo-and-go-from-economy-7-to-a-single-rate-meter-and-tariff-1163

This topic offers to help you find out when your meter switches from Day and Night: https://forum.ovoenergy.com/our-plans-and-pricing-31/so-your-economy-7-meter-gives-you-off-peak-cheap-electricity-but-when-is-it-cheapest-42

Tim

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