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Energy prices - think i'm paying over the odds
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So looking at saving some ££ on gas & electricity (pre-pay). We are on a BG std tariff.
Current:
1.82/week standing charge (26p per day)
13.21/kwh
Don't know usage, but we spend about £30 per month electricity.
So £30 - £7.80/month standing charge = £22.20 usage. Divided by cost/kwh = 168kwh/month usage.
So looking at a quote by First Utility.
18.69 per day + 11.49p per kwh
Therefore
168*11.49p = £19.30
+ standing charge p/m of £5.60
= £24.90 - saving about a fiver for electricity alone.
Or am I missing something in my calculations?
Current:
1.82/week standing charge (26p per day)
13.21/kwh
Don't know usage, but we spend about £30 per month electricity.
So £30 - £7.80/month standing charge = £22.20 usage. Divided by cost/kwh = 168kwh/month usage.
So looking at a quote by First Utility.
18.69 per day + 11.49p per kwh
Therefore
168*11.49p = £19.30
+ standing charge p/m of £5.60
= £24.90 - saving about a fiver for electricity alone.
Or am I missing something in my calculations?
0
Comments
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No, you are not missing things. (Although make sure prices used are both including VAT).
You can always just use a comparison site, though, like energyhelpline or uswitch so that you do not need to make individual calculations.0 -
So looking at saving some ££ on gas & electricity (pre-pay). We are on a BG std tariff.
Current:
1.82/week standing charge (26p per day)
13.21/kwh
Don't know usage, but we spend about £30 per month electricity.
So £30 - £7.80/month standing charge = £22.20 usage. Divided by cost/kwh = 168kwh/month usage.
So looking at a quote by First Utility.
18.69 per day + 11.49p per kwh
Therefore
168*11.49p = £19.30
+ standing charge p/m of £5.60
= £24.90 - saving about a fiver for electricity alone.
Or am I missing something in my calculations?
as a low user you are better off with the lowest cost per kWh combined with a reasonable daily charge0 -
168 kWh per month (on a dual fuel household) is not a specially low consumption.0
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yangptangkipperbang wrote: »It is less than half the average UK domestic consumption (4,600 kWh) - I would call that low.....................
The UK average is 3,200 KWh. 4,600 is for 2 rate meters, the OP has stated they have gas.
https://www.ofgem.gov.uk/sites/default/files/docs/decisions/tdcv_decision_letter_final_2.pdf0
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