If I capped in Dec 2008, how do I know if i'll save money by switching?

sbesley · 30 September 2009 at 3:48PM

I'm with British Gas for both gas and electricity, and capped my tariffs last year. However, if I decide to switch, how exactly will I know that i'll be saving (until after I switch, and then get my first bill)?

Please help (Martin)!

fullstop · 30 September 2009 at 5:28PM

sbesley wrote: »

I'm with British Gas for both gas and electricity, and capped my tariffs last year. However, if I decide to switch, how exactly will I know that i'll be saving (until after I switch, and then get my first bill)?

Please help (Martin)!

Put last years usage into a comparison site, if you do not know your usage ring BG.

sbesley · 30 September 2009 at 5:39PM

Thanks fullstop - I presume by 'usage' you means kilowatts over the year?

fullstop · 30 September 2009 at 5:52PM

sbesley wrote: »

Thanks fullstop - I presume by 'usage' you means kilowatts over the year?

Yes, You can also put in your monthly spend on G&E

sbesley · 30 September 2009 at 5:59PM

Sorry if i'm being thick, but G&E...?

Plushchris · 30 September 2009 at 6:04PM

I would put money on the fact that you could save money if you switched to BG in december, the tariffs that were available then were quite expensive, unfortunately they also carried some big exit fees so check that out before you arrange to switch.