Hi @Jesusaur ,
Can anyone advise me what the new unit rates for E7 customers will be after the upcoming price increase?
You should have been notified of the new prices by email around the 10th of September (when they were announced with the 60 days notice). If you’ve mislaid this email, it can be found in https://account.bulb.co.uk (or click ‘Sign in’ in the top right corner) and go to ‘Account and Tariff Info’. The rates shown on that page will be the current rates, but if you scroll down to ‘Messages’ you’ll see a message dated around the 10th of September titled ‘Variable Price Change Email’ which will contain the new rates.
Don’t want to login? I’ll tell you a little secret. As soon as any price rise is officially announced, new customers will automatically be put onto it (existing customers get 60 days of the old tariff as a notice period) - therefore Bulb’s homepage and tariff page at https://bulb.co.uk/tariff will always show the ‘new/forthcoming’ prices.
Why can’t I provide the prices here? Well, they do vary a bit depending on your area (due to distribution costs charged to Bulb) and so entering your postcode on Bulb’s site is the easiest way to get the accurate prices.
Also, I’m only using 20% of my elec on the night rate. Can I be switched to a single rate tariff? I spoke to an advisor and he said not.
Yes and no. You can be switched to a single rate tariff, but it’ll involve changing your meter (and not a straight tariff switch). From http://community.bulb.co.uk/discussion/comment/22157/#Comment_22157 :
Unfortunately, we are indeed not able to change a tariff to a 1-rate tariff if you would have a 2-rate meter.
The reason for this is that, in cases of Economy 7 meters, we are buying in electricity at peak/off peak prices on the wholesale market. Our tariff follows the wholesale prices, therefore the tariffs will also follow the specific meter setup (i.e. E7 or normal 1-rate).
As Richy mentioned, you could exchange the meter for £120. If your off-peak usage is at least 35% it is normally beneficial to be on a 2-rate meter.
I work in the industry and it’s standard practice to simply add the rates together & bill on a single rate tariff. It seems odd you don’t offer this.
I believe that Bulb did used to do this, but because of the differing prices they were being charged they were losing quite a bit of money for the ‘combined’ pricing and hence to keep prices low for everybody, they discontinued this practice (other, usually large, suppliers are willing to take the ‘hit’ as their unit costs [usage] tend to be higher - Bulb has relatively low unit costs but a higher standing charge).