Working out the cheapest price per kw?

HotPotato

I've only just started looking into switching suppliers after making some routine calls, and I'm already totally confused by all the switching sites.

All I know so far is that I'm currently with EDF energy and I have a standing charge of 13.47p per day and I'm paying 12.71p per kw

I have a regular meter, not an E7, so just the one line of reading. I'm assuming this means I pay the same price per kw regardless of the day or night? -This suits me since I'm just as likely to be at home as not be during the day.

The simple question is, is it just a simple matter of looking up who charges the lowest price per kw for me?

secondly, I was told the standing charge is charged from the meter owner, not the power company, but I have seen some companies charging 6p per day standing charge, and some bundling it in with the kw price. So does it make a difference?

I only have a one bedroom flat, but I'm extremely liberal with energy, fan heaters, lights on etc etc, so whilst I dont think I'd make a huge saving, Im certainly curious.

-names that keep poping up: Ovo energy and NPower, thoughts?

Thanks in advance!

macman

Forget comparing unit costs, there are far too many other variables to make this a valid basis of comparison. Some tariffs have a single rate, many use 1st and 2nd tier rates.
Comp sites could not be easier, all you need is your tariff, your annual kWh consumption (from your bills or your existing supplier) and your postcode. It takes less than a minute.
Standing charges, if applicable, are charged to you by the supplier, not by anyone else. If the meter is owned by the DNO or another party, your supplier pays them-not your concern, you still pay a standing charge (unless on an NSC tariff). Unless you are a very low user, there is rarely any difference between SC and NSC tariffs.
Yes, if not on E7, then the rate is the same 24/7.

t0rt0ise

Just use a comparison site to see which is the cheapest deal. I use uSwitch but there are others. If you don't know your annual usage then use an average. I tend to put in a few different amounts and see if the same companies come up each time. If you get FU.. first utility as the cheapest option do check out its reputation before using them as it is not good.