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Energy comparison sites. Who do you believe?

Gloomendoom
Gloomendoom Posts: 16,551 Forumite
Part of the Furniture 10,000 Posts Combo Breaker
I thinking of switching energy suppliers so I just entered our yearly energy consumption into USwitch and Money Supermarket.

Despite entering exactly the same figures into both, USwitch calculated our annual energy cost at £1600 and Money Supermarket came up with £1450. They both cam up with the same list of cheaper alternatives but Money Supermarket consistently estimated the annual savings at £70 more than Uswitch.

Am I missing something? Shouldn't they both come up with the same numbers?

Comments

  • jalexa
    jalexa Posts: 3,448 Forumite
    edited 29 October 2012 at 8:21PM
    Am I missing something? Shouldn't they both come up with the same numbers?

    In theory yes, but get a 3rd opinion. For that I have found theenergyshop consistently accurate. (As well as uSwitch BTW). The "culprit" should be obvious, the reason why may be less obvious. Error rather than intent probably.
  • Gloomendoom
    Gloomendoom Posts: 16,551 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Ta. I have since got a third opinion from Energyhelpline and it is estimating annual spend at £1380 with yet another different set of estimated savings.

    The actual costs are £1430 so USwitch are way out.

    It seems these comparison sites are useful only as a guide and a visit to the supplier's own site (and a cashback site) is necessary before a switch is made.
  • SwanJon
    SwanJon Posts: 2,337 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Are you using kWh or monthly payments? kWh is more accurate & consistent.
    Are you currently on a fixed tariff? Some sites take into account your price will change in the next 12 months
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