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im confused about savings when switching !?

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  • Jon_S_4
    Jon_S_4 Posts: 259 Forumite
    Uniform Washer
    ive just looked back at my bills for the last 12 months and units used are:

    Gas 14300
    electric 2662


    thanks
  • Woby_Tide
    Woby_Tide Posts: 5,344 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The 1245 units of gas may have been the correct figure, bear in mind that the actual units on the meter are then converted into kWh via a formula i.e. units*1.02264*39.3/3.6 for billing purposes

    1245 units is then 13900 kWh
  • djohn2002uk
    djohn2002uk Posts: 2,323 Forumite
    Jon_S wrote:
    Thanks matto for working that out for me, but isnt it just a case of finding the lowest unit price for gas and electric and switching to that supplier ?

    At the end of the day you are absolutely correct. The bottom line is the unit price.
    Other things might have a slight effect like 1 month free at the end of 12 months, or £60 rebate after 12 months (NPower). But beware of these, NPower get their £60 off you to be able to give it back again.

    I trawled all the companies for their unit prices and made my decision from there with a capped rate from Scottish Power. And boy am I glad I did. Peace of mind until Oct 97 and over £200 per year less that I would now be paying Powergen.

    By the way, to the average user, standing charge or no standing charge make very little or no difference. If you work out the extra you pay on the first x amount of units, it equals the 90 or so days of standing charge.
  • Jon_S_4
    Jon_S_4 Posts: 259 Forumite
    Uniform Washer
    Thanks for all the help, have switched to london energy..
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