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are these good prices?

sianb84
sianb84 Posts: 445 Forumite
Electricity unit prices
Tariff Rate excl. VAT Rate incl 5% VAT

Standard
first 728 kWh per year 15.020p per kWh 15.77p per kWh
additional kWh per year 7.610p per kWh 7.99p per kWh
Sign Online† first 728 kWh per year 15.020p per kWh 15.77p per kWh
additional kWh per year 7.320p per kWh 7.69p per kWh
Economy 7
day rate:
first 728 kWh per year 16.850p per kWh 17.69p per kWh
additional kWh per year 8.020p per kWh 8.42p per kWh
night rate:
kWh 3.490p per kWh 3.66p per kWh
Sign Online Economy 7†
day rate:

first 728 kWh per year 16.850p per kWh 17.69p per kWh
additional kWh per year 7.920p per kWh 8.32p per kWh
night rate:
kWh 3.310p per kWh 3.48p per kWh
Standard prepayment
kWh 8.130p per kWh 8.54p per kWh
standing charge £ 26.560 per quarter £ 27.89 per quarter
Economy 7 prepayment
day rate 8.710p per kWh 9.15p per kWh
night rate 3.570p per kWh 3.75p per kWh
standing charge £ 28.220 per quarter £ 29.63 per quarter

Gas unit prices
Tariff Rate excl. VAT Rate incl 5% VAT

Standard
first 4,572 kWh per year 3.968p per kWh 4.17p per kWh
additional kWh 2.068p per kWh 2.17p per kWh
Sign Online† first 4,572 kWh per year 3.639p per kWh 3.82p per kWh
additional kWh per year 2.047p per kWh 2.15p per kWh
Standard prepayment
kWh 2.354p per kWh 2.47p per kWh
standing charge £ 19.070 per quarter £ 20.02 per quarter

I would probably go on standard sign online if I can or just standard.

so are these prices good or high? sorry am new to all this malarky!!

Comments

  • mleonard79
    mleonard79 Posts: 1,616 Forumite
    Part of the Furniture Combo Breaker
    Hi Sian,
    Which company are these prices with? I've just gone with London Energy online (make sure its online tariff 4) and the electricy prices (INC VAT)are 8.12p for the first 900Kwh a year and then 6.17p for the rest so long as you are paying by direct debit. For gas its 2.678p for the first 5860Kwh per year and then 1.779p after that so I don't think 15p followed by 7.6p and 3.9p followed by 2.6p is all that competitive. It varies slightly by area but I still think all their prices are cheaper than that so its worth looking into. The best thing to do would be to go to energyhelpline.com and do a comparison there (try to find out your usage in Kwh as its more accurate.) Also make sure you use the link on martin's article about switching gas and electric to get £12.50 cashback. It would be a good idea to read tht article to get a head up too (link below) Good luck!

    http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1103281560,22751

    Michelle
    :hello: :hello: :hello:
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