World Library  
Flag as Inappropriate
Email this Article

Economy 10

Article Id: WHEBN0008453001
Reproduction Date:

Title: Economy 10  
Author: World Heritage Encyclopedia
Language: English
Subject: Economy 7, Energy in the United Kingdom, Radio teleswitch, Open-pit coal mining in the United Kingdom, Melrose Resources
Collection: Electric Power in the United Kingdom
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Economy 10

Economy 10 is the name of a tariff provided by United Kingdom electricity suppliers created in 2004. Similar to the Economy 7 this is designed to be used with high thermal mass heating such as storage heaters, underfloor heating, and is also used with electrical boilers driving radiators or water-based heat stores.

In contrast to Economy 7, which only provides off-peak electricity during night time hours, Economy 10 tariffs provide 10 hours of off peak heating split between night, afternoon and evening. The advantage of this scheme is that by matching the storage periods better to the times when heat is required, less heat needs to be stored during the day, when there may be no demand for heating. The afternoon and evening periods also provide a top-up to heating systems at off-peak prices.

Off-peak electricity costs can be half of peak prices, but many Economy 10 tariffs levy an increased standing daily charge.

The structure of the 10 off peak hours is determined by your local distribution network operator (i.e. the company which manages the physical wires in the streets around your house, rather than the electricity supply company, who are the ones with their name at the top of the bill) and they vary across the 14 regions in the UK. Times are switched automatically, and its common for the switching times to be locked to either GMT or BST when the meter is installed. Some metering systems use a radio teleswitch controlled by the supplier to vary switching times, and effect the Daylight Saving Time switchover twice a year. Economy 10 thus requires a special multi-tariff meter, different from an Economy 7 meter.

For example, customers in central Scotland (within the Scottish Power Energy Networks DNO area) are on the following times:

  • 3 hours in the afternoon (1.30pm - 4.30pm)
  • 4 hours in the evening (8.30pm - 12.30am)
  • 3 hours in early morning (4.30am - 7.30am)

Another set of times (location unknown) are:

  • 3 hours in the afternoon (1pm - 4pm)
  • 2 hours in the evening (8pm - 10pm)
  • 5 hours overnight (Midnight - 5am)

See also

References

External links

  • UK Power information on Economy 10 tariffs
  • Independent consumer advice on the Economy 10 tariff


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 



Copyright © World Library Foundation. All rights reserved. eBooks from World Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.