Is Economy 7 worthwhile?

Once upon a time, back when the cost of electricity was much lower per unit, the cheapest way to heat your home was with old style night storage heaters on an Economy 7 tariff. But with time time there’s many different options which might lead you to ask, Is Economy 7 Worthwhike?

So how did Economy 7 work?

Your old style storage heaters kick-in into gear overnight using the lower tariff, and then release that heat throughout the day.
The major problem with this arrangement is that in return for your lower night-time electricity rate (which you only likely use for your night storage heaters) your daytime rate would be
much higher than a normal standard tariff !

Most people are unfortunately blissfully unaware of this, and are therefore paying too much overall on their electric bill.

So what does this actually mean and is Economy 7 not worthwhile nowadays?

So, it’s basically a trade-off…you get a slightly reduced rate per unit of electricity for 7 hours, (midnight-7am) which you can utilise to charge up your storage heaters and save a few pennies

However, any electricity you use in daytime hours (7am-midnight) which is more than twice as long (17 hours) is sold to you a much lower rate per unit, than Economy 7

Also consider that in a domestic household today, we have many more electrical devices than we did 30+ years ago such as dishwashers, tumble dryers, computers, games consols, etc and these items really suck up electricity !

So what is the solution and what makes financial sense today?

Firstly, it’s time move away from Economy 7, and go for the lowest unit rate of electricity (24 hour basis)

This might mean finding a new supplier at the best rate possible, but we’ll do for you FREE it’s easy and it’s all part of the service ?

Secondly, it’s time to look at installing new storage heaters, that will save you a considerable of amount money on your electric bill and give you the CONTROL and COMFORT that old style storage don’t.

Introducing our GLOW Electric Heaters

Our GLOW™ electric heaters are generally considered the equivalent of old style night storage heaters, but actually work more like a standard central heating system.

Typically within an hour, you’ll only actually pay for 15-20 mins of electricity!

This is because the heaters are highly efficient at storing heat with the chamotte clay core, and saving it for later use…thus considerably reducing your need for  electricity…Quality German engineering, owned and installed by a British company, what could be better?

So if you’re thinking “is Economy 7 Worthwhile or should I update or replace my night storage heaters?” then please do CALL US on 0800 193 4320 and lets have an informal chat or request FREE a brochure or book a FREE home survey, and let GLOW show you what’s available and what difference we can make to your heating bills as well as offering you COMFORT and CONTROL 24/7

WE ARE HERE TO HELP

We pride our ourselves on being local, and always on hand to help with any questions you may have. We are part of a UK network and so there’s always someone around you, should you require any assistance.

You will deal with us from the initial survey through to the installation. We’re friendly, and excellent customer service is key to our success and very important to us, plus of course we are a WHICH? Trusted Trader too, offering you peace of mind..

FREEPHONE 0800 193 4320 or email us at info@glowelectricheat.com

* Valid on all GLOW electric radiators and heaters, and all GLOW hot water systems. 20% discount is valid on the radiators and hot water systems only. Other products, install costs and other works are not part of this promotion.

AREAS COVERED

GLOW Electric Heat cover a large area of the UK, as you can see on the map.

We cover the following areas:

West Midlands, East Midlands, Warwickshire, Lincolnshire, Peterborough, Northamptonshire,
Buckinghamshire, Bedfordshire, Hertfordshire.

We also cover:

Norfolk, Suffolk, Cambridgshire, Essex

Dont worry if you’ve found us and you are not in these regions, because we are part of a national network that covers the whole of the UK, so we will direct you to one of our partners who can help, just drop us a line to info@glowelecricheat.com and we wlll come back to you with help.

CONTACT US

Phone: Free call 0800 193 4320

Email: info@glowelectricheat.com

Address: GLOW Electric Heat Limited
The Union Building
51-59 Rose Lane
Norwich
NR1 1BY

VAT number: 3412 9 6115

Company number: 12351673

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