Switching Energy Suppliers

JMD_2

Hi there,

We are paying £106 per month direct debit to EON for gas and electric for a 3 bed detached. I just did a search on moneysupermarket which says I could save £500 per year by switching to EDF.

Last quarter was £209 for electricity and £234 for gas. Does this seem high?

I hear a lot about the energy prices coming down - is now a good time to switch?

Thanks,

Jonathan.

macman

£500 saving based on annual consumption or monthly direct debit amount?
You will only get an accurate result if you use your annual consumption figures.
Impossible to say if you bills are high without knowing anything about your actual consumption.

JMD_2

Hi there :j

Total Charges 4 Nov 09 to 5 Feb 10 209.36
Total gas charges 4 Nov 09 to 5 Feb 10 234.90
IGT Charge 10.19
Online discount: 44.43 CR


Electric
1856 Normal kWh used
Normal primary units used: 229 KWh at 20.02p ea £45.85
Secondary units used 1627 KwH at 10.05p ea £163.51

Gas
6614 kWh used
Gas primary units used 683KwH at 6.214p ea £42.44
Secondary units used 5931 kWh at 3.245p ea £192.46
IGT Charge 10.19

macman

That's not your annual consumption, that's your last quarterly bill. If you use those figures it will not be accurate, as it will only reflect the (most expensive) winter quarter.
Get your last 4 bills, total the Kwh consumption for each supply over a year and put them into the comp site.
If you don't have those figures, phone your current supplier and they will provide the annual consumption.

JMD_2

knew there was more to it than I thought!

thanks!