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How much gas and electric should we be using?

2»

Comments

  • aallank
    aallank Posts: 2,254 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HappyMJ wrote: »
    That's quite good. 50% of the annual usage is over the 3 coldest winter months. It is not evenly spread over the year. The summer bills will be much lower.

    didn't think of it like that..
    just worked out our gas is approx. £440 a year
    electric is £400 a year

    been on comparason sites and they r saying if i change to monthly direct debit i could save another £150.. would you recommend direct debit please?
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    aallank wrote: »
    didn't think of it like that..
    just worked out our gas is approx. £440 a year
    electric is £400 a year

    been on comparason sites and they r saying if i change to monthly direct debit i could save another £150.. would you recommend direct debit please?
    I would...but you need to be careful which tariff you pick. I bet the top one is first:utility. Read the T's and C's. If one payment is missed for any reason you lose your annual cash back. It's a big cash back and will wipe out your savings. You also must spend more than £600 per year. You would be very close to that so if you did employ some energy saving strategies then there goes the cash back and you pay more than you would have otherwise. Npower also has a deferred cash back and also usually appears at the top of the list.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • aallank
    aallank Posts: 2,254 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HappyMJ wrote: »
    I would...but you need to be careful which tariff you pick. I bet the top one is first:utility. Read the T's and C's. If one payment is missed for any reason you lose your annual cash back. It's a big cash back and will wipe out your savings. You also must spend more than £600 per year. You would be very close to that so if you did employ some energy saving strategies then there goes the cash back and you pay more than you would have otherwise. Npower also has a deferred cash back and also usually appears at the top of the list.

    thanks for your advice..
    the only cashback i can see is £30 going via moneysupermarket? is this the cashback you are talking about please?
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    aallank wrote: »
    thanks for your advice..
    the only cashback i can see is £30 going via moneysupermarket? is this the cashback you are talking about please?
    No it's in the details. There is a per unit charge maybe a standing charge then there is line for discounts then a line for VAT. To get the discount you must keep to the T's and C's of the tariff exactly. If they want you to provide online meter readings on a particular date each quarter plus or minus a day or two it should be displayed. If you don't do that then you could lose the discount.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
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