Q1 has now been answered
Q3 generally off peak F would be a good thing for storage heaters to boost the supply in the afternoon as in heavy use they often get cold, however if you find that they do not a boost in the afternoon then E7 may be OK, thought later owners may feel differently, but F is not really a current tariff any more. However if 25% is going to on peak then you are possibly on the borderline of effectiveness, difficult to say with being able to directly assess the loading on site. The change to a single meter would require the electrician to be there at the time they disconnect (for the best cost effectiveness)with an isolator ready to fit and henley blocks to split the supply installed ready to swap over when they change the meters.
Thank you Richard, that's very helpful. I've worked out that 22% of total use is standard energy, and 78% off peak F. Having the boost in the afternoon is good for the colder months.
If you look at 7 of the off peak hours transferred to economy 7 night rate, and the remaining 3.5 hours would be added the standard/off peak day rate, the usage shifts to 48% day & 52% night.
This would be a saving of up to £200 a year, but loosing the afternoon boost, so possibly increasing the need for an extra heater.
So this has led to the conclusion that it's probably best to stick with off peak f, and not change. Thank you