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whos the cheapest?

ok, so this question probably gets asked all the time, but im struggling to find out and choose which supplier to go with..

I don't know my consumption in units but I average £50 in electricity and £50 in gas per month direct debit and im neither in credit nor debit ... (I think my electricy consumption is around 210 units per month if that helps)

I basically want to go with who ever is the cheapest when bearing in mind both standing charge and price per unit ( for this you can assume its an average consumption, 3 bedrooms, semi detached old build).

I only want to go with the main suppliers like SSE, EDF, Npower, Brit gas, Scottish power..

im currently with EON but only just moved to their credit meters, and im thinking of moving to SSE as their standing charge is cheaper..

whos the cheapest currently?

can you work it out on the basis of my electricity consumption of 210 units?

Thanks ( and sorry for a typical boring thread but its doing my head in...also, I prefer standard tariffs, don't ask why)

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    If you only want to consider standard tariffs with main suppliers then they are all pretty much the same. There will only be a few pounds difference between the cheapest and most expensive.

    You will need your consumption in kWh and your region.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Sorry, but I have to ask the question. Feel free not to answer it of course.

    But why only standard tariffs? This is, after all, a money saving forum, and standard tariffs are never the cheapest.
  • slipthru
    slipthru Posts: 611 Forumite
    Part of the Furniture 500 Posts
    Best thing to do is get your yearly usage from your energy supplier and plug the details into comparison site, cheapest standing charge doesn't really mean much on it's own.

    Using 210kwh a month is 2520kwh a year.


    Aren't SSE the ones who have announced the first price rise so assume you are taking that into consideration?
    In Progress!!!
  • lstar337
    lstar337 Posts: 3,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    HappyMJ wrote: »
    If you only want to consider standard tariffs with main suppliers then they are all pretty much the same. There will only be a few pounds difference between the cheapest and most expensive.
    Not entirely accurate.

    I have PPM so only standard tariffs are available to me, yet when I do comparisons based on usage, some of the suppliers are way more expensive.
  • no real reason for standard tariff other than ive always been on it and never ever had a fixed option ... I think probably incase I need to change and don't like being tied into contracts.

    I have take into consideration SSE 's increase but my thinking is along the lines of if they all increase then the cheapest will still be the cheapest in proportion to the others.

    im leaning towards SSE as I had them in my previous place and was happy with them and my monthly bill was never more than 35 for electricity (didn't have gas in that flat). plus there standing charge is almost half than eons.
  • DragonQ
    DragonQ Posts: 2,198 Forumite
    Part of the Furniture 1,000 Posts
    You don't necessarily have to fix your prices. Most (all?) of the major suppliers have two variable tariffs - a standard one and a discounted one, which usually requires you to pay by direct debit and use online billing. These typically save maybe 2-5% compared to standard tariffs.

    You won't get better answers here than a comparison website will provide. Work out your annual usage, plug it in and see what tariffs come out as best. You can ignore the fixed ones if you want, but note that some of them don't actually have penalties for leaving so you get the best of both worlds (no price rises but you can switch if prices fall).

    Funnily enough your electricity usage is very similar to mine so the cheapest for you will probably be the same (barring regional differences) - nPower Price Fix April 2015. However, your gas may be totally different and a dual fuel tariff might give you the best value.
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