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Economy 7 and Economy 10: how two-rate electricity works

Written by James Whitfield · Updated 28 October 2026 · 6 min read · Checked against 2026/27 DWP & HMRC rates
Contents (4 sections)
  1. Quick answer: Economy 7 and Economy 10
  2. When the cheaper hours are
  3. Do you have a two-rate meter?
  4. Working out your cost
Quick answer: Economy 7 and Economy 10
  • Ofgem: “The number following Economy refers to the number of hours for which night-time rates are available.”1
  • “If you’re on Economy 7 you’ll usually get 7 hours of the off-peak rate per 24 hours.” “If you’re on Economy 10 you’ll usually get 10 hours of the off-peak rate per 24 hours.”2
  • On a default tariff, peak and off-peak rates are capped together: Ofgem says “Together, they cannot be more than the price cap.”3
  • Last checked: 28 October 2026.

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When the cheaper hours are

Citizens Advice says Economy 7 is usually one overnight block, for example 11pm to 6am. Economy 10 hours might be split into chunks through the day. Your supplier sets your exact times, so check your bill or ask.2

Do you have a two-rate meter?

“You can usually get an Economy 7 or Economy 10 tariff if you have a two rate meter or a smart meter.”2

A two-rate meter has 2 rows of numbers. Citizens Advice: “If there’s an ‘N’ on the label this will stand for ‘normal’ - it doesn’t stand for ‘night’.”4

Working out your cost

Ofgem publishes no single night rate for the cap: its regional tables are for single-rate tariffs. Use the day and night rates on your bill.3

Ofgem describes a multi-rate tariff as one where you pay one rate during a specified off-peak period “and another, more expensive rate during peak hours”, so the cost depends on when you use electricity.5

Frequently asked questions

What does the 7 in Economy 7 mean?
The number of hours of cheaper night-time rate.
Is Economy 7 covered by the price cap?
Yes, on a default tariff. Peak and off-peak together cannot be more than the cap.
How do I know if I have Economy 7?
A two-rate meter has two rows of numbers. 'N' on the label means normal, not night.

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Sources & references

The figures and rules in this guide are drawn from the official UK government sources below. Rates are the confirmed 2026/27 amounts. Each link opens the relevant official page in a new tab.

  1. Ofgem: Energy terms explained www.ofgem.gov.uk/energy-terms-explained?letter=B
  2. Citizens Advice: Choosing an energy tariff www.citizensadvice.org.uk/consumer/energy/energy-supply/get-a-better-energy-deal/choosing-energy-tariff/
  3. Ofgem: Energy price cap unit rates and standing charges, 1 October to 31 December 2026 www.ofgem.gov.uk/your-energy-supply/your-energy-bill/energy-price-cap-unit-rates-and-standing-charges
  4. Citizens Advice: How to read your energy meter www.citizensadvice.org.uk/consumer/energy/energy-supply/your-energy-meter/how-to-read-your-energy-meter/
  5. Ofgem: How your electricity or gas bill is calculated www.ofgem.gov.uk/your-energy-supply/your-energy-bill/how-your-electricity-or-gas-bill-calculated
Verified against published UK government guidance.
Independent guide only. Written using published 2026/27 DWP and HMRC figures. Not an official government service. For case-specific guidance, contact Citizens Advice or a welfare-rights adviser. Methodology · Editorial standards

Written and reviewed by James Whitfield and the editorial team.

Every figure is checked against current GOV.UK guidance and reviewed for the 2026/27 tax year. We explain the numbers in plain English with worked examples. Editorial standards · About us