Economy 10

[klindup]

I have an Economy 10 meter fitted. It shows two rates 1&2 and shows whether 1, or 2 is the current rate. Can anyone tell me which is the cheap rate, is it 1 or 2?
Thanks

 

[Wontdothatagain]

R2 is the cheap rate

 

[Taylortwocities]

R2 is the cheap rate

Surely the two rates are:
ridiculously expensive
and
slightly less ridiculously expensive

 

[Stoday]

[
Surely the two rates are:
ridiculously expensive
and
slightly less ridiculously expensive

Which is why the energy companies call them "day" and "night" rates.

Compared with Economy 7, Economy 10 should have a higher day p/kWh AND a higher night p/kWh.

The average p/kWh for unrestricted, E7 and E10 should be more or less the same when the proportion of night units is the same as an average unrestricted consumer.