Electric Radiator Running Costs

60% of the UK population still pay 30% too much for their electricity.

We believe this applies to 60% of the UK population.

One of the mos convincing arguments we can provide our customers is proof of the potential running costs of this low cost electric heating option. So, on a monthly basis we will provide an update on the running costs for two of our own properties; a cottage and a warehouse & office complex.

The cottage is a small two bedroom end terrace cottage. It has three outside walls and has poor insulation.

The average price per kWh at the moment is between 10 to 12 pence.

Typically you will use more energy during the colder months from November to March. This will peak in January and February because they are the coldest months, although December can also be very cold.

If you pay your electricity bills by direct debit/standing order, you will usually overpay in the summer to offset your extra energy usage over the winter months. This will help spread your energy costs evenly over 12 months.

If your energy supplier advises your standing order/direct debit needs to increase, it is likely to be because you have not paid enough to cover past consumption.

The best way to combat this is to always provide actual meter readings to your energy supplier, rather than accepting estimated readings. This way, you can keep track of your energy consumption throughout the year, and prevent any large shortfalls building up on your energy account.

Your energy bill will be dependent on the type and construction of your home, and whether you have insulation and double glazing fitted, as well as the type of heating system installed

.

Don’t Forget:

  • If your home is poorly insulated and/or lacks double glazing, your energy consumption will be higher than that of a home of the same size which does have these energy-saving features.
  • The winter months or particularly bad periods of weather will increase your energy consumption.
  • Keeping doors closed helps to lock-in heat so that your radiators don’t have to work as hard to keep the room heated to the desired temperature.
  • Make sure you have the right size heater for each room, so that it can run as economically as possible.
  • If you have previously been using gas to power your heating and you change to electricity, you will see an increase in your electricity bill, but you should also see a real reduction in your gas bill at the same time, which can offset this.