That means Economy 7 increases the cost of everything from watching television to making a cup of tea by as much as 50%.
But is it an efficient way to heat your home? We put it to the test.
Real-life comparison: ELKAtherm vs Economy 7 night storage heating
We added up the electricity bills in a well-insulated, two-bedroom bungalow in Holsworthy, Devon – for a full 12 months before and after switching from night storage heating to ELKAtherm electric radiators. The results were clear.
Even before non-heating savings from switching to a flat-rate tariff, ELKAtherm radiators reduced our customer’s heating costs by 28% (and her electricity use by two thirds).
ELKAtherm vs night storage heating
We compared electricity bills in a well insulated, two-bedroom bungalow in Holsworthy, Devon, for a full 12 months before and after changing from night storage to ELKAtherm electric heating.
In a small home ELKAtherm saved our customer £199.55 per year.
Night storage heating costs
12,740 units of off peak electricity used for heating creating 5,555kg CO2
12 Month cost = £700.70
ELKAtherm heating costs
4,205 units of flat rate electricity used for heating creating 1,873kg CO2
12 Month cost = £501.15
“My monthly electricity payment has reduced from £130 to £51; the new radiators will pay for themselves.”
Mrs Richards, Plymouth