The Economy 7 energy tariff is a product of the 1970s that still holds its popularity today. A favourite among the thrifty and households without access to gas, Economy 7 encourages you to heat your water, run your washing machine, cook, watch TV, use the lights, charge your overnight radiators, and do just about anything that involves electricity, in the dead of night. This nocturnal behaviour is rewarded with a substantially reduced energy tariff, sometimes up to 50% cheaper than a regular daytime rate. With savings so tantalisingly high, we can see why so many turn to economy tariffs and night storage heaters. But despite the potential saving, is Economy 7 a viable option for you? How much money can you save? And is it worth the lifestyle change? In the name of cheap energy, it’s time to find out once and for all.

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