Southern Electric - too good to be true?

firerock

We're currently with E-On with a dual plan
Electricity we're paying 23.43p for first 247, then 11.84, its working out at £260 odd per quarter. Bit pricey for me, so I thought I'd look around here, found a comparison site clicked the link from here, beatthatquote.

Checked for dual tarrifs and npower could save me 200 per month.
Then I read the editorial on it and it recommended to check individuals instead, so i did. :shocked:

My Electricity is about £1,000 per year

Southern Electric
Electricity Rates
Electricity standing charge 31.47p per day
Tier 1 rate 4.00p per kWh
Discounts Monthly Direct Debit Discount: £22.46
Paperless billing discount: £3.74

ipaln
New Cost £463.02
Saving £613.82

:eek:

Is that right £600 saving???? Chuffing eck!


I checked the figures (did it twice to make sure), and #2 in the list is npower who can save me £189 a year.

600 pounds saving on electricity? Whats going on?
What have I missed?

(needless to say I did ask to switch!)

apt

The unit price for electricity is probably 14p not 4p.

Gerrard_8_lfc

Thats Southerns gas price you have quoted. The electric will be priced between 12 - 14p per Kwh.

Premier_2

apt wrote: »

The unit price for electricity is probably 14p not 4p.

Gerrard_8_lfc wrote: »

Thats Southerns gas price you have quoted. The electric will be priced between 12 - 14p per Kwh.

firerock wrote: »

...
(needless to say I did ask to switch!)

Good to know there is a 7 day cooling off period :cool:

jalexa

firerock wrote: »

found a comparison site clicked the link from here, beatthatquote.

I didn't see the Consumer Focus confidence code logo on that website which is something I recommend you look for.

http://www.consumerfocus.org.uk/files/2010/10/Consumer_Focus_Confidence_Code.pdf

firerock

but it clearly states its the electricity price?

jalexa

firerock wrote: »

My Electricity is about £1,000 per year

Really? Are you heating with electricity even though you have gas supply? That's huge electricity for a gas heated house.

firerock

nope heat water by gas. Its not the amount I think, as I checked with my brother in law and they use a similar amount (2 adults, 1 child, 1 baby), we use about 100Kwh more per quarter, but we have more things going for the baby.

The usage is about 2000 KwH per quarter
but its prices that make it that
23.43p for each unit up to 247Kwh
11.84p after that

Thats about £270 per quarter.

Premier_2

firerock wrote: »

but it clearly states its the electricity price?

It also says:

You are responsible for making your own enquiries to check that the product or service that you want to apply for is accurate, complete and up-to-date and meets your needs. Our website contains a lot of information and descriptions about the products and services which you may apply for. This information may not provide a complete description of all the features, terms and conditions applicable to those products. Further much of the information is provided by third party product or service providers and we do not monitor, verify or endorse the information and it may be inaccurate, incomplete or out of date. Although we use reasonable endeavours to ensure that the information on our website is reliable and try to correct any errors or omissions as soon as practicable after being made aware of them, it is your responsibility to check that such information is accurate, complete and up to date. Accordingly, we are not responsible or liable to you for any loss or damage you may suffer or incur in connection with, the details we provide on our website with respect to any product or service provided by third parties which you did not check individually and/or do not meet your needs for any reason.

http://www.beatthatquote.com/about/terms-and-conditions.html

jalexa

firerock wrote: »

nope heat water by gas.

The [electric] usage is about 2000 KwH per quarter

OK. That's x2.5 "average" electricity use for a gas heated house. Must run in the family.

and your annual gas consumption?

Premier_2

jalexa wrote: »

I didn't see the Consumer Focus confidence code logo on that website which is something I recommend you look for.

http://www.consumerfocus.org.uk/files/2010/10/Consumer_Focus_Confidence_Code.pdf

From their terms and conditions:

...We are accredited by the Consumer Focus Confidence Code in relation to our utilities service....

Note the site offers a number of comparison services, but it is only in relation to gas & electric comparisons they are accredited

The site is also included as one of the comparison sites in the MSE article