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Comparison Sites a bit misleading??
Situation is - I'm with SP fixed until March 2015. My actual usage cost is £1290 for the year. Looking at comparisons and some other tariffs, some show savings of around £100 per year with a fix to October 2015.
The comparison though is taking my remaining 6 months with SP and then using the roll over standard tariff prices for the next 6 months, thus coming up with the 12 month savings. As it happens I have a £50 exit fee (£25 per fuel).
So a comparison that tells me I'm saving £100 is not the case at all. By the time I pay the £50 exit and take into account the additional 'ghost' cost of the standard tariff after March then its about the same.
Obviously when the fix comes to an end in March I will be looking to move at the time and would never let it roll onto a standard tariff. In effect, the closer you get to the end of a fix the more misleading it can be, even ignoring any exit fees.
I'm guessing this has been discussed on other threads no doubt, but I just happened to notice it today. Food for thought therefore .... unless of course I am missing something .....