Credit Meter Tariffs
Understanding your meter charges
Standard rate Electricity
The majority of customers who use most of their electricity during the day, and who do not in the main use electricity to heat their house and/or to produce hot water are likely to benefit from this tariff.
Economy 7 Electricity
We advise that currently an Economy 7 customer on our standard tariff with medium consumption of 4,200 kWh per annum (as defined by Ofgem in its Typical Domestic Consumption Values) would have to use a minimum of between 27% to 36% (depending on the area of the country in which they live) of their electricity at off peak times to make it more cost effective than being a standard single rate customer. These figures will necessarily vary according to the customer’s actual consumption, payment method and tariff.
You can find out more about Economy 7 here.
Electricity and gas
We want our prices to be clear. So, from 1st May 2013 for both gas and electricity we’ll be simplifying all of our standard tariffs. We’ll be applying a standing charge that’s calculated on an equal daily basis together with a unit rate in pence per kWh to work out the cost of energy you’ve actually used.
You can also find out more about our electricity and gas prices here.