The benefits of Economy 10 tariff are:
Only one electric meter installed in each property In addition to electric heating and hot water, all the electricity used at the off-peak times is charged at the lower rate (such as washing machines, dishwashers, tumble dryers etc) Only one energy bill for the occupier.
The tariff incorporates a fixed service charge, a standard unit price and a lower unit price for electricity used at off peak times.
The off-peak times can vary across the country, but are generally set for:
Midnight to 5:00 am (GMT) – 5 Hours
1:00 pm to 4:00 pm (GMT) – 3 Hours
8:00 pm to 10:00 pm (GMT) – 2 Hours
THE ECONOMY 10 TARIFF IS AVAILABLE FROM “SCOTTISH & SOUTHERN ENERGY” ACROSS MANY PARTS OF THE UK.
Example of use:
Hot water programmed for full tank in morning – on between 4am – 5am (off-peak)
Hot water programmed for full tank early evening – on between 3pm – 4pm (off-peak)
High consumption appliances used in off-peak between 8pm – 10pm – washing machine, dishwasher, tumble dryer
Electric Heating system:
-On between 4am- 5am (off-peak) to raise property temperature at lower cost.
-On between 6am – 9am (peak) – less energy now used (than without off-peak boost) as temperature increased between 4am – 5am.
-On between 3pm – 4pm (off-peak) to raise property temperature at lower cost.
-On between 5pm – 10pm (off-peak between 8pm – 10pm). Less energy used (than without off-peak boost) between 5pm – 8pm as temperature increased between 3pm – 4pm and added benefit of off-peak electricity between 8pm – 10pm.