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Gas and Electricity supplier advice needed

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davnav
davnav Posts: 51 Forumite
Part of the Furniture 10 Posts Combo Breaker
Im currently on with british gas standard tariff and have been quoted £923 for my gas usage from 1st dec 2013 till 23rd oct 2014,i pay £20 pound a week for my gas at the min. i am also on with npower for my electric and have been quoted £799 pound from 1st jan 2014 till the 28th oct 2014 i pay £15 per week for this i pay for both by paying fornightly at a paypoint with a card. i live in a 3 bed house with 3 children aged between 5 and 20 and my partner works full time, as theres so many changes with prices and tariffs im unsure what to do could i please have some advice from someone who knows about this thanks.

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  • dogshome
    dogshome Posts: 3,878 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hmmm - Being on any suppliers 'Standard' tariff is bad news.

    From your post it seems you have at least one years useage history with both suppliers - Look at the bills and the later one's should show how many Kwh of Gas /Elec you used over the last 12 months. If these figures are not on the bills phone BG & n'power and ask.

    When you have them, punch annual Kwh useages into at least 2 Switch sites to get the prices from other suppliers
    Fortnightly Cash payments is not the best way to pay the bills, most suppliers give a discount for monthly Direct Debit payment with further discounts if you opt for Online Billing

    Your £20 a week to BG totals £1040, which easily covers the £923 annual bill.
    However your £15 a week to n'power for Electric totals only £780, which is doesn't quite cover the £799 annual cost, BUT all the annual figures you quote are based on forecasts and most suppliers tend to over estimate when doing these figures
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 1 December 2013 at 6:38PM
    Standard tariff is always the most expensive variable...
    No free lunch, and no free laptop ;)
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