We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Compare 2 different deals

itgirlinuk
Posts: 465 Forumite


in Energy
We are in the process of identifying which gas and electricity supplier we should switch to. We were in a fixed contract that has come to an end and nPower has put us on the standard tariff which is expensive.
We used the comparison sites listed in this website and it all comes up with the same 2 deals at the top.
Gas - kWh = 19233 per year (estimated)
Electricity - kWh = 3169 per year
The top 2 deals are:
1. First Utility with iSave v9 Tariff which has standing charge for gas and electricity and 1 rate for all kWh used
2. E.ON with SaveOnline 11 Tariff which has no standing charge, but tiered rates for gas and electricity.
How do we work out which will work out the cheapest? Do I go with the top one (ie Cheapest) on the list?
Thanks in advance
PS: Why are these things so confusing!!!
We used the comparison sites listed in this website and it all comes up with the same 2 deals at the top.
Gas - kWh = 19233 per year (estimated)
Electricity - kWh = 3169 per year
The top 2 deals are:
1. First Utility with iSave v9 Tariff which has standing charge for gas and electricity and 1 rate for all kWh used
2. E.ON with SaveOnline 11 Tariff which has no standing charge, but tiered rates for gas and electricity.
How do we work out which will work out the cheapest? Do I go with the top one (ie Cheapest) on the list?
Thanks in advance
PS: Why are these things so confusing!!!
The quickest way to double your money is to fold it in half and put it back in your pocket. :rolleyes:
0
Comments
-
I would read the reviews about first:utility before selecting that tariff. Also be aware you need to pay about £15-£20 a month more on that tariff which you "may" get back after 12 months on the tariff if everything has been read and paid on time. Look at the discounts line on the comparison website.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
0 -
itgirlinuk wrote: »We are in the process of identifying which gas and electricity supplier we should switch to. We were in a fixed contract that has come to an end and nPower has put us on the standard tariff which is expensive.
We used the comparison sites listed in this website and it all comes up with the same 2 deals at the top.
Gas - kWh = 19233 per year (estimated)
Electricity - kWh = 3169 per year
The top 2 deals are:
1. First Utility with iSave v9 Tariff which has standing charge for gas and electricity and 1 rate for all kWh used
2. E.ON with SaveOnline 11 Tariff which has no standing charge, but tiered rates for gas and electricity.
How do we work out which will work out the cheapest? Do I go with the top one (ie Cheapest) on the list?
Thanks in advance
PS: Why are these things so confusing!!!
They're not confusing. The SC/NSC question is a red herring. Unless you are a very low user it makes virtually no difference to your annual bill. The comp site results will anyway show you which is the cheapest, taking standing charges and tiered tariffs into account.
You may wish to reconsider going with FU after a search on this board though. They're the lowest rated for service of the small providers by far.No free lunch, and no free laptop0 -
The difference between Standing Charge and No Standing Charge in terms of pricing makes no difference.
All it basically means is you pay anywhere from 10-30p a day plus your daily usage on a Standing Charge tariff, which makes them easier to work out yourself if you take your own meter readings and can count the days between two dates. A No Standing Charge option has a split option where the first few hundred are at a higher rate, the rest at the lower rate. Some providers calculate this in a strange way as to where the cut-off is. Npower, so far as gas is concerned, split it in about four different ways across the year.
With regard to who to go for, your choice, but First Utility appears to have major issues in many departments.0 -
Thanks everyone for taking the time to explain. We have gone with E.ONThe quickest way to double your money is to fold it in half and put it back in your pocket. :rolleyes:0
-
itgirlinuk wrote: »Thanks everyone for taking the time to explain. We have gone with E.ON:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards