Electricity Unit Rate (Day)

Posted 22nd Feb 2023

Hey Ppl
I have just compared my Electricity Unit Rate (Day) with my two mates and I paying 84p/kwh and they just between 30/40p
Is just this tariff - Flexible OctopusOctober 2020 v1 that expsenive or octopus overall ?
They are at different provider .

7 Comments

sorted by

Joe90_guy
22nd Feb

Are you on a business tariff??
Joe90_guy
22nd Feb
Your 84p/kWh is off the scale expensive!

We currently pay 34p/kWh which is the maximum under the current price cap. We're thinking about moving to Economy 7 with EDF which is very cheap overnight but expensive during the day, yet the day rate is still only 55p/kWh. (edited)
gslcjunk
22nd Feb
it’s a variable business tariff
Joe90_guy
22nd Feb
It's a tough old time to run a business when leccy costs 84p/kWh.
newbie68
22nd Feb
Mother of goodness - I couldn't afford that pure and simple!
fiestasteve44
22nd Feb
Yes there are no price caps on business tariffs.
yorkie12
23rd Feb
I 'm not sure this applies to business, I've moved to a house on Economy 7 and it was much cheaper for me to ditch it and go onto a standard tariff. The house hadn't had storage heaters for years but the previous owner just kept the tariff. Was paying an extra 14p / unit day time , night units were only14p but didn't want to run noisy washer, etc. overnight. Was like a prison sentence being lifted when we changed not having to have a shower before 7 when the price went up.