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New build - which electricity supplier to pick?

Hi

I am currently building a new home using ground source heating so I am looking to get a new energy supplier for the property for electricity only.

There is no point in me doing a comparison due having nothing to go on for the address.

Are you able to point me in the right direction so I can see which supplier is the cheapest per kw of electricity in my area and I can make my decision from there.

I live in the Bishop Auckland area.

Any help would be much appreciated - comparison soon of energy supplier always baffled me in the past and i stuck with British gas which are expensive.

Comments

  • matelodave
    matelodave Posts: 9,160 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 5 January 2015 at 8:50AM
    The only way you'll find out who the cheapest will be is by doing a comparison using estimated consumption figures. Just put in any supplier as your present provider - as you say you won't be making a saving but you'll be able to compare suppliers & tariffs. Alternatively you can go to each suppliers website to check out their tariffs and make up your own comparison table.

    You should be able to make a reasonable estimate of your consumption based on your EPC/SAP figures and the efficiencies you hope to achieve with your GSHP. (We are all electric and have an ASHP and get through about 8000kwh a year - hopefully a new build with a GSHP would be closer to 5000kwh a year or less)

    Try several consumption scenarios from low to high. Higher consumptions favour low unit rates and higher daily standing charges whereas low consumptions can work out cheaper with lower standing charges and slightly higher unit rates.
    Never under estimate the power of stupid people in large numbers
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