Switching is not really cheaper. Why?

penrhyn

Apologies you are quite correct, its June.
I'd been looking at some TV switch over dates and got a bit fuddled!

alleycat`

no need to apologise for me
Reminded me i need to pull my finger out about sorting out a move.

maimee_magic

I too have just input my details on moneysupermarket. It says I'd save over £500 if I switched to EDF but when I looked at pence per Kw/H both were more expensive on EDF so how can it claim to save me money? Very puzzled.

j2011

I too have just input my details on moneysupermarket

But what details did you put in?

auntyS

I have found the most accurate comparison site to be ukpower.co.uk , using my annual usage in Kwh , and selecting the correct tariff from the list they provide. They show how they reached their calculation and if you have a recent bill to hand you can check that the unit prices match.
Some comparison sites have been hundreds of pounds out so be aware.

Premier_2

auntyS wrote: »

I have found the most accurate comparison site to be ukpower.co.uk , using my annual usage in Kwh , and selecting the correct tariff from the list they provide. They show how they reached their calculation and if you have a recent bill to hand you can check that the unit prices match.
Some comparison sites have been hundreds of pounds out so be aware.

If you input your annual usage in kWh (as you are always recommeded to do on this site), then all comparison sites should give the same output.

If you have any evidence to the contrary, we would like to see it please.

There has often been many similar allegations made here, (despite requests) but we've yet to see any hard evidence backed up by the data used and sites involved named.

j2011

If you input your annual usage in kWh (as you are always recommeded to do on this site), then all comparison sites should give the same output

Quite correct,

I put my annual usage, in kWhs, into six different comparison sites, using six different original suppliers and got six different savings amounts, or minus amounts, however, each comparison site gave the same recommendation that EDF Online saver Version 8 at £1063 would be my best deal.

So I suppose it is goodbye e.on in July.

Too much time on my hands at the mo.

nomoneytoday

IMHO the first switch away from the legacy quarterly bills to monthly online DD schemes have the largest savings.
Once you've switched away, the 2nd/3rd switches have diminishing returns.

auntyS

Premier wrote: »

If you input your annual usage in kWh (as you are always recommeded to do on this site), then all comparison sites should give the same output.

If you have any evidence to the contrary, we would like to see it please.

There has often been many similar allegations made here, (despite requests) but we've yet to see any hard evidence backed up by the data used and sites involved named.

I did comparisons using my annual Kwh of 10273 Gas and 3752 Electricity , and my current deal from Scottish Power Fixed Price Online Feb 2011.

Tesco Compare quoted my current spend as £734, UKPower as £743 less Dual fuel discount, and Energyhelpline quoted it as £894. My actual spend was £723.

Admittedly their results showed the deals from other companies in the same order apart from some suppliers which did not feature on all comparison sites, but the actual savings estimated looked radically different.

The main difficulty is finding the right current package to enter as the names shown do not always match the tariff being charged.

I am now switching to OVO for a slightly higher cost but fixed for 12 months, and as they only have two tariffs it is much more straightforward.

Premier_2

auntyS wrote: »

I did comparisons using my annual Kwh of 10273 Gas and 3752 Electricity , and my current deal from Scottish Power Fixed Price Online Feb 2011.

Tesco Compare quoted my current spend as £734, UKPower as £743 less Dual fuel discount, and Energyhelpline quoted it as £894. My actual spend was £723.

Admittedly their results showed the deals from other companies in the same order apart from some suppliers which did not feature on all comparison sites, but the actual savings estimated looked radically different.

The main difficulty is finding the right current package to enter as the names shown do not always match the tariff being charged.

I am now switching to OVO for a slightly higher cost but fixed for 12 months, and as they only have two tariffs it is much more straightforward.

Could you also tell us your supply region (or first part of your post code) as this will also affect prices.

The current cost should be the same from all sites, the delared savings the same from all sites (subject to very small rounding errors e.g. some sites don't bother with the pennies), and all authorised comparison sites should show all suppliers and all tariffs (unless you ask for them to be otherwise restricted).

If you provide your supply region, I will take a look for myself to understand why there are apparent discrepencies.