Electricity tariff with lowest standing/daily charge
Discussion
We are installing a second supply to our home gym (future proofing essentially in case we want to do more with the building in the future). This of course will require its own meter and bill separate from the house. Since it will only be powering the lighting a few hours per week I don't really care too much about the kWh rate, but would like to minimise the standing charge. Does anyone have a recommendation? A tariff you are maybe using for an empty property for instance?
Utilita has no standing charges. With my low usage (typically under 2 kWh per day) it is infinitely cheaper to be with them than any of the other suppliers that have a standing charge. Obviously depends on what your kWh amount will be as the unit rate is higher, but when I ran the comparison I'd have to be using a hell of a lot of leccy before any of the standing charge suppliers became cheaper.
Tisy said:
Utilita has no standing charges. With my low usage (typically under 2 kWh per day) it is infinitely cheaper to be with them than any of the other suppliers that have a standing charge. Obviously depends on what your kWh amount will be as the unit rate is higher, but when I ran the comparison I'd have to be using a hell of a lot of leccy before any of the standing charge suppliers became cheaper.
No standing charge looks ideal, thanks.Tisy said:
Utilita has no standing charges. With my low usage (typically under 2 kWh per day) it is infinitely cheaper to be with them than any of the other suppliers that have a standing charge. Obviously depends on what your kWh amount will be as the unit rate is higher, but when I ran the comparison I'd have to be using a hell of a lot of leccy before any of the standing charge suppliers became cheaper.
Interesting. I used 126kwh at 22.150p with 31 days SC at 35.700pAnyone that got some sleep last night fancy doing the math
Ry.Clarke said:
Tisy said:
Utilita has no standing charges. With my low usage (typically under 2 kWh per day) it is infinitely cheaper to be with them than any of the other suppliers that have a standing charge. Obviously depends on what your kWh amount will be as the unit rate is higher, but when I ran the comparison I'd have to be using a hell of a lot of leccy before any of the standing charge suppliers became cheaper.
Interesting. I used 126kwh at 22.150p with 31 days SC at 35.700pAnyone that got some sleep last night fancy doing the math
SC at 35.70p seems very low for leccy. When I last looked at the comparisons most were around 50-60p mark.
My Utilita rates are
54.57, 24.64 leccy
23.15, 6.09 gas
The first number is for the first 2 kWh each day, then all other usage that day is billed at the second number. I very rarely get into the lower rate.
For comparison, British Gas cheapest tariff on their 13 month fix is :
24.32 + 58.63 SC leccy
5.69 + 32.92 SC gas
Running some examples for leccy (in pence) :
1 kWh per day
UT 54.57, BG 82.95
2
UT 109.14, BG 107.27
3
UT 133.78, BG 131.59
5.
UT 183.06, BG 180.23
10.
UT 306.26, BG 301.83
20.
UT 552.66, BG 545.03
So Utilita starts to become marginally more expensive over 1kWh per day, but if you are not at the property for a few days or weeks then even with a relatively high usage it works out cheaper because you're not paying 58p per day in SC. For a typical familiy house with people in it and using a lot of leccy every day then the SC tariffs will work out cheaper than Utilita.
For your home gym only being used a few hours per week then Utilitia is obviously a 'no-brainer' as they say, and basically anyone with low usage or spends several days of the week away on work or living elsewhere.
My Utilita rates are
54.57, 24.64 leccy
23.15, 6.09 gas
The first number is for the first 2 kWh each day, then all other usage that day is billed at the second number. I very rarely get into the lower rate.
For comparison, British Gas cheapest tariff on their 13 month fix is :
24.32 + 58.63 SC leccy
5.69 + 32.92 SC gas
Running some examples for leccy (in pence) :
1 kWh per day
UT 54.57, BG 82.95
2
UT 109.14, BG 107.27
3
UT 133.78, BG 131.59
5.
UT 183.06, BG 180.23
10.
UT 306.26, BG 301.83
20.
UT 552.66, BG 545.03
So Utilita starts to become marginally more expensive over 1kWh per day, but if you are not at the property for a few days or weeks then even with a relatively high usage it works out cheaper because you're not paying 58p per day in SC. For a typical familiy house with people in it and using a lot of leccy every day then the SC tariffs will work out cheaper than Utilita.
For your home gym only being used a few hours per week then Utilitia is obviously a 'no-brainer' as they say, and basically anyone with low usage or spends several days of the week away on work or living elsewhere.
Edited by Tisy on Monday 6th October 18:43
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