Hello Susan12
According to my bill, the ESB charge for nightrate metering is €0.022 per day, or 60 odd cent per month (plus VAT @13.5%), or less than €10 per year.
In return, you can use electricity during the night (for your 24/7 hour loads such as fridge/freezer) and you could run things like washing machines, tumble dryers, and immersion heaters at night for 7 cent a kWh (half the price of day rate). Seems like a bargain to me?
That €0.022 charge is for a separate storage heating meter.
My understanding is that there is a device that clicks over between the two meters at 11 or 12 pm. That way all your electricity uses during the night are counted at the night rate.
Ah! I get you now...However the charge mentioned by Mystic Oil of 0.022 per day relates to a separate storage heating meter, the standing charge is only €1.34 per 2 months. On this tariff only the storage heaters are on the night rate.
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