Today I noticed the new smart tariff which is broken into 3 sections, overnight - 11pm-7am, off peak 7am-11pm and peak for 3 hours at 4pm-7pm.
As you can imagine the overnight and off peak unit prices are low (Overnight 7.59p per KWh & Off-Peak 11.28p per KwH) but the 3 hours peak charge shoots up to around 41.44p per KWh. I just wondered peoples thoughts on this new tariff? I was looking at leaving bulb as I found cheaper elsewhere but this has made me intrigued to maybe wait until the new year when they said they will be rolling out new smart meters. I know no one can give me a definite answer as everyone’s lifestyle will differ, but do people think this new tariff could offer a saving if you are careful and maybe only use appliances like washing machines/tumble driers/dishwashers during overnight or off peak hours or is the peak charge so high it could outweigh any savings you make during the others hours anyway?