We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Gas/Electric Tariff Rates

sparksfly
sparksfly Posts: 20 Forumite
Hello all,

I want to switch to a dual fuel supplier from-
GAS- British Gas - currently monthly direct debit - approx 27000 kWH per annum
ELECTRICITY -NPower - currently pay on receipt of paper bill by cheque at bank approx 5200 kWH per annum.

I've had some bad experiences with Direct Debit and I want my new supplier to offer Quarterly payment by cheque on receipt of bill (same as current arrangement with NPower).

I don't mind submiting meter readings online, but I don't want to PAY online.


When I look at the price comparison websites, they show a 'Unit Rate 1' and a 'Unit Rate 2' figure.

For example- British Gas Unit Rate 1 = 7.2734 pence per Kwh for up to 2680 Kwh
Unit Rate 2 = 3.5238 pence per Kwh

I know this should be obvious to me, but are these rates applied to each quarterly bill, or the annual amount used?


Thanks in advance :confused::confused:

Comments

  • Energyman_2
    Energyman_2 Posts: 85 Forumite
    sparksfly wrote: »
    Hello all,

    I want to switch to a dual fuel supplier from-
    GAS- British Gas - currently monthly direct debit - approx 27000 kWH per annum
    ELECTRICITY -NPower - currently pay on receipt of paper bill by cheque at bank approx 5200 kWH per annum.

    I've had some bad experiences with Direct Debit and I want my new supplier to offer Quarterly payment by cheque on receipt of bill (same as current arrangement with NPower).

    I don't mind submiting meter readings online, but I don't want to PAY online.


    When I look at the price comparison websites, they show a 'Unit Rate 1' and a 'Unit Rate 2' figure.

    For example- British Gas Unit Rate 1 = 7.2734 pence per Kwh for up to 2680 Kwh
    Unit Rate 2 = 3.5238 pence per Kwh

    I know this should be obvious to me, but are these rates applied to each quarterly bill, or the annual amount used?


    Thanks in advance :confused::confused:

    The annual amount
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team
  • allan673
    allan673 Posts: 1,213 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    consider ebico - all one rate including vat.
    i also prefer to pay on receipt of bill, ive just switched my gas and electric to ebico.(i was also with bg and npower)

    i used comparison sites and theyre the cheapest for me with a preferred payment method of quarterly billing. i just applied online on the ebico site - easy.

    http://www.ebico.co.uk/
  • sparksfly
    sparksfly Posts: 20 Forumite
    Thanks Allan and Energyman for taking the time to reply.


    Here's another daft question!

    If my QUARTERLY bill is say for 4000 kWh, would British Gas-
    divide the Rate 1 unit by 4 = 2680 / 4 giving 670.

    Would I then be charged the 670 kwh at Rate 1 (7.2734 pence each)
    and the remaining 4000-670 = 3330 at Rate 2 (3.5328 pence each)?


    Thanks
  • 1carminestocky
    1carminestocky Posts: 5,256 Forumite
    Cashback Cashier
    sparksfly wrote: »
    Hello all,

    I want to switch to a dual fuel supplier from-
    GAS- British Gas - currently monthly direct debit - approx 27000 kWH per annum
    ELECTRICITY -NPower - currently pay on receipt of paper bill by cheque at bank approx 5200 kWH per annum.

    I've had some bad experiences with Direct Debit and I want my new supplier to offer Quarterly payment by cheque on receipt of bill (same as current arrangement with NPower).

    I don't mind submiting meter readings online, but I don't want to PAY online.


    When I look at the price comparison websites, they show a 'Unit Rate 1' and a 'Unit Rate 2' figure.

    For example- British Gas Unit Rate 1 = 7.2734 pence per Kwh for up to 2680 Kwh
    Unit Rate 2 = 3.5238 pence per Kwh

    I know this should be obvious to me, but are these rates applied to each quarterly bill, or the annual amount used?


    Thanks in advance :confused::confused:


    :eek: :eek: Have you ever checked how much more you are paying than you should be? npower's standard leccy is criminally expensive. Depending on your suplly area, on that usage, and even accounting for you literally throwing money down the drain by insisting on paying quarterly (but that's entirely your shout, of course), you could save anything up to £200+ per year by switching - on leccy alone! If you bit the bullet and went for DDs again, the savings would be another £100 per year on top of that figure.


    PS Dual fuel, even taking into account discounts, is very frequently not the cheapest option. Often, it will be much cheaper to get the gas from the cheapest supplier and the leccy from the cheapest supplier. Very seldom are these the same company. Just a thought...
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • KimYeovil
    KimYeovil Posts: 6,156 Forumite
    1,000 Posts Combo Breaker
    sparksfly wrote: »
    Would I then be charged the 670 kwh at Rate 1 (7.2734 pence each) and the remaining 4000-670 = 3330 at Rate 2 (3.5328 pence each)?
    Yes, and it is also adjusted according to the exact number of days that you are being billed - some quarters will be 92 days, others 90 days. Bills for different periods for whatever reason will also be adjusted pro-rata.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.4K Work, Benefits & Business
  • 615.3K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.