Cryptocurrency Q&A
Can you still get economy 7?
Can you still get economy 7?
SeoulSoul
Wed Jan 08 2025
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5 answers
1073
I heard about a special tariff called Economy 7 a few years ago, which offers cheaper electricity at night. I'm wondering if this tariff is still available for new customers.
5 answers
CryptoMystic
Fri Jan 10 2025
Economy 7 is a tariff that operates on the principle of 'time-of-use'. This means that the cost of electricity varies depending on the time it is used.
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LucyStone
Thu Jan 09 2025
To benefit from Economy 7 tariffs, consumers need to have a smart meter or a dedicated Economy 7 meter installed. This allows the supplier to accurately track and charge for electricity usage based on time.
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Martina
Thu Jan 09 2025
It is a widely recognized tariff system, and many consumers are familiar with its mechanics. It encourages users to consume electricity during off-peak hours to save on costs.
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CryptoWanderer
Thu Jan 09 2025
Besides Economy 7, there are other tariffs like Economy 10. However, these are not as common as they once were, and Economy 7 has become the more prevalent option.
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ZenMind
Thu Jan 09 2025
All electricity suppliers offer Economy 7 tariffs. This ensures that consumers have access to this cost-saving option regardless of their provider.
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