If you have a storage heater you may be on an Economy 7 electricity tariff, which rose 7.6% this year.
Economy 7 tariffs became more common in the 1960s and 1970s when storage heaters grew in popularityAbout 2.5 million households in Britain have seen their annual energy bill go up by an average of £116 despite the government fixing prices until April.
The analysis, by energy consultancy Future Energy Associates, found there has been an average annual rise of 7.6%, meaning Economy 7 users are now paying on average 46% more than others on electricity-only tariffs. She was on the Economy 7 tariff, but after getting a letter from her supplier Octopus, saying her bill would rise by 8% in January, she decided to do the maths to work out how much she would be paying."It looked like I would be paying about a pound a day more to be on Economy 7. If you work it out over a year that's over £300.
They were supposed to encourage people to use electricity off-peak much more cheaply, refill storage heaters overnight, which then heat the property gradually in the day.
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