I've Decided I'm Moving From Npower But Is This A Good Deal?

NICHOLAS_2

I watched Martin on tv a week or so ago, i don't usually watch much tv or his shows but i decided i would have a look at my energy usage out of interest and decided to log into my npower admin to see all the details.

It turns out that i paid over 900 pounds for around 13000kwh of Gas and nearly 600 pounds for electricity for just under 2000kwh

total in the region of £1500.

Looking on the internet it would seem i am in the low-medium user bracket?

Anyway, i looked on these comparison websites and they told me i would save the most money with Ebico because there is no standing charge although it seems their general energy price is slightly more than npower. They estimated that my bill would be more like £1000 and not £1500. Does this mean Npower were giving me a standing charge on my prepayment meters totaling £500 quid a year?

Do these comparison websites give info that is close to correct?

Looking on my electric prepayment meter now when i scroll through the screens i see a charge of 7 pounds on the elec meter, which i presume is per week? Just that totals over 300 quid a year in charges i think?

I am in the process of swapping to Ebico but i notice that there are no tie ins so i can swap if they work out more expensive.

Am i doing the right thing here?

dogshome

The numbers posted seem a bit suspect.

£600 for 2000 Kwh of Elec works out at 30pence a Kwh, which is about twice the cost of current prices incuding the daily charge and VAT

£900 for 13,000 Kwh of Gas works out to 6.92pence per Kwh, which really is at the upper end of current prices.

If the Elec consumption is actually 2000 Kwh, it's certainly worth looking at Ebico, but the Gas of 13,000 Kwh needs to be bought from another supplier

Nada666

What comparison site says Ebico is cheaper? Perhaps you live in an anomalous region but where I am Eon, Scottish Power, Ovo, EDF, etc are all cheaper for prepayment (at your usage) than Ebico. It is only for electricity that Ebico may be worthwhile. If you want to stick with prepayment meters you should look at taking each fuel with a separate supplier.

If you change to a credit meter and pay by direct debit you can save another £200 per year.

(These are savings from the just over £1,000 base that prepayment meters charge for that usage. As to npower- you are misreading something (or, rather, they have mixed a whole lot of rubbish together that is unreadable). Even npower* do not charge much more than £1,000 on their standard prepayment tariff for that usage.)

* Nowadays. A couple of years ago npower did have some tariffs that charged more than £220 for gas standing charges alone - it is possible you took a fix out with one of those crazy tariffs.

NICHOLAS_2

One of the comparison websites showed Ebico as cheapest for both.

The bit of paperwork i have had from Ebico says my Gas will be 5.41 per Kwh and my Elec will be 20.77 per kwh during the day and 7.60 during the night.

Looking at the npower costs the tariff comparison on the gas shows as 5.33pkwh which i think includes the standing charge. But the unit rate shows as 4.551 per hour with a 28 pence standing charge on top, which surely makes it more expensive than Ebico, slightly? Because there is no standing charge with Ebico.

Funnily, my elec tariff info wont load on the npower website but i've just divided the cost and the kwh and get it at just over 28 pence as an average figure which makes npower more expensive on electric.

I guess i need to do some more research on the gas.

No wonder energy companies get away with charging people over the top when its so hard to work out your actual costs.

Farway

I am with both Npower [elect] and Ebico [gas]

I use Ebico for gas, low to medium user, precisely because there is no standing charge, which is important to me once heating is switched of in Spring and remains off until Autumn, no point in paying S/c for one daily shower and a spot of gas hob cooking for over 6 months of the year

Npower, I am on credit meter, pay by quarterly variable DD. Npower do have S/c but not charged when paid by DD, maybe I am on odd tariff?

NICHOLAS_2

I'm sure these energy comparison websites are a pile of rubbish. They give all sorts of figures.

Just checked on moneysupermarket.com and it shows Eon as the top gas provider, says i will save 38 pounds a nd a personal projection of £655 a year.

My current spend is just over 900 on gas, so i'd save more like 300.

It even shows Ebico as cheaper on the gas reckoning i'll pay 699 a year.