When it comes to your home or business’s energy consumption, every penny counts. And with most regular energy contracts giving UK home and business owners a fixed rate all day long – energy prices can quickly eat into expenses.
But, there’s a solution you’ve likely already heard of – Economy 7 and Economy 10. If you use most of your energy during off-peak hours, these ‘time-of-use’ energy tariffs could be a game-changer for reducing those energy bills and your carbon footprint.
In this guide, we’ll explore the difference between these two tariffs, how they can save you money, and whether they’re compatible with smart meters.