Trystan Casey
EDF offers several types of tariffs, including single-rate, dual-rate, and EV tariffs. One of these is the Economy 7 tariff, which offers a cheaper electricity rate for seven hours at night (off-peak) and a higher rate during the day. The off-peak hours are typically between 11 pm and 8 am, but the specific times may vary depending on your location and supplier. EDF also offers an Off-Peak option with a more advantageous electricity price per kWh for 8 hours per day, which is suitable for households with a hot water tank or electric heating system.
| Characteristics | Values |
|---|---|
| Off-peak hours | 8 hours per day |
| Off-peak times | Between 11 pm and 8 am |
| Meter type | Economy 7, Economy 9, Eco2020, Heatwise, Warmwise, etc. |
| Tariff type | Single-rate, dual-rate, EV tariffs |
| Subscription fee | Yes |
| kWh rate during peak times | Higher than the Basic option |
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What You'll Learn
EDF Economy 7 tariff
EDF's Economy 7 tariff offers a cheaper electricity rate for seven hours at night (off-peak) and a higher rate during the day (peak). The Economy 7 meter has two sets of numbers, showing the different rates you pay. One set of numbers will typically display 'normal' or daytime electricity usage, while the other will show 'low' or nighttime electricity consumption.
The Economy 7 tariff is ideal for those with storage heaters, allowing them to programme their heaters to charge overnight during off-peak times and benefit from lower rates. Similarly, if you have an electric car, you can take advantage of the off-peak rates by charging your vehicle at night.
The specific off-peak times for your Economy 7 tariff will depend on your location and supplier. EDF also offers other options, such as the Off-Peak option, which provides a more advantageous electricity price for eight hours per day. This option is well-suited for households with a hot water tank or electric heating system, ensuring their appliances operate mainly during Off-Peak times.
It is worth noting that the peak time electricity rate on the Economy 7 tariff is usually more expensive than on a single-rate tariff. If you are working from home or spending more time at home, you may want to consider if Economy 7 is still the best choice for your needs. EDF offers a range of energy tariffs, and you can compare them to see which one suits your requirements.
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EDF's dual-rate tariff
EDF Energy offers a range of tariffs to suit different customer needs. EDF's dual-rate tariff, known as Economy 7, provides customers with two different rates for electricity usage. This tariff is designed for those with a separate circuit for their heating and hot water, which must be on a different circuit from other electricity supplies.
The Economy 7 tariff offers a lower rate during off-peak hours, which typically includes eight hours per day, with at least two of those hours falling between 1 pm and 5 pm. This off-peak rate is available during the day or night and is set by Enedis. By utilising electricity during off-peak times, customers can benefit from a more advantageous price per kWh, contributing to a more evenly distributed electricity grid.
EDF also offers other tariffs, such as the Warmwise tariff, which provides cheaper electricity rates for heating and hot water at various times throughout the day. Additionally, EDF has introduced exclusive GoElectric tariffs for electric car owners, as well as incentives for those with smart meters.
It is worth noting that EDF has discontinued dual fuel contracts for EV tariffs, meaning gas tariffs are no longer linked to EV electric tariffs. This change was implemented due to the unreliability of gas meters in communicating half-hour readings. As a result, EV users will now have single fuel tariffs.
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Off-peak hours
EDF Energy offers several types of tariffs, including single-rate, dual-rate, and EV tariffs. One of their dual-rate tariffs is the Economy 7 tariff, which offers a cheaper electricity rate for seven hours at night (off-peak) and a higher rate during the day. The specific off-peak times depend on your location and supplier, but they typically fall between 11 pm and 8 am.
The Economy 7 tariff is a great option for households with a hot water tank and/or an electric heating system, as it allows them to take advantage of the lower rates during off-peak hours. This not only reduces their electricity bills but also contributes to a more balanced electricity grid by consuming during less demanding time slots.
To benefit from the Economy 7 tariff, customers need to have a smart meter or an Economy 7 meter. These meters track electricity usage separately for day and night rates. The Economy 7 meter has two sets of numbers or rates, typically labelled as 'normal' or 'low', or as Rate 1 and 2 (R1 and R2).
It's important to note that the off-peak hours for other EDF tariffs may differ. For example, the Warmwise tariff offers eight hours of cheaper electricity for heating and hot water at various times during the day. Additionally, the Off-Peak tariff provides a lower price per kWh for eight hours per day, with time slots set by Enedis.
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Subscription fee
EDF offers a range of tariffs to suit different customer needs, including single-rate, dual-rate, and EV tariffs. One of these options is the Economy 7 tariff, which offers a cheaper electricity rate for seven hours at night (off-peak) and a higher rate during the day. The specific off-peak times depend on your location and supplier, but they typically fall between 11 pm and 8 am.
The Economy 7 tariff is designed to encourage customers to use electricity during off-peak times, reducing the load on the power grid and incorporating less polluting energy sources. This tariff is particularly beneficial for households with electric heating systems or hot water tanks, as it allows them to take advantage of the lower rates during off-peak hours.
To utilise the Economy 7 tariff effectively, customers can set their appliances, such as washing machines and dishwashers, to run during the night. Additionally, EDF offers smart meters that can operate in Economy 7 mode, allowing customers to track their day and night electricity usage separately.
It is important to note that the Economy 7 tariff may not be suitable for all customers. EDF advises customers to compare their electricity usage with different energy tariffs to ensure they are on the best plan for their needs. The Off-Peak option, for instance, comes with a subscription fee and a higher price per kWh during peak times compared to the Basic option. Therefore, it is recommended to consult an EDF adviser for a preliminary diagnosis before choosing this option.
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EDF Economy 7 meter
An EDF Economy 7 meter goes with an Economy 7 electricity tariff, sometimes known as a differential or multi-rate plan. The Economy 7 tariff offers a cheaper electricity rate for seven hours at night (off-peak) and a higher rate during the day. The meter itself has two sets of numbers, showing the different rates you pay. One set of numbers will show 'normal' or daytime electricity usage, while the other will show 'low' or nighttime electricity consumption. This can also be displayed as Rate 1 and 2, or R1 and R2.
The Economy 7 meter is ideal for households with a hot water tank and/or an electric heating system, as well as appliances that operate mainly during off-peak times. By using electricity during off-peak times, you benefit from a more advantageous price per kWh and contribute to a more stable electricity grid by consuming during less demanding time slots.
If you have an Economy 7 meter, you can also install a smart meter. This gives you the option of a one-rate or two-rate electricity tariff. A smart meter can help you manage your energy spend and save money.
To ensure you're on the best plan for your needs, it's recommended to check your electricity usage and compare energy tariffs. If you're spending more time at home, it may be worth considering a single-rate tariff, as the peak time electricity rate on Economy 7 is usually more expensive.
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Frequently asked questions
The Economy 7 tariff gives you a cheaper electricity rate for seven hours at night (off-peak) and a higher rate during the day. The Economy 7 meter has two sets of numbers showing the different rates you pay.
The off-peak times for the Economy 7 tariff are usually between 11 pm and 8 am. However, the specific times may vary depending on your location and supplier.
To benefit from the Economy 7 tariff, you should aim to use your electricity during the off-peak times. This can be done by setting appliances, such as washing machines and dishwashers, to run at night. Additionally, consider choosing a smart meter to track your electricity use separately for day and night rates.
