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Robson911

I am trying to see if the change to British Gas from Ovo (elec & gas) would be beneficial. However my Ovo Tariff is not listed - 'Better Energy Fixed (all online) end date 31/8/2016. I have used the nearest online equivalent on the form but despite the site telling me I can save up to £300+ annually, the unit price for both gas and electricity quoted is 1p to 2p higher than I am paying now!!! Any ideas?

MSE_Dan_L

Hi Robson911

A likely reason that the figures differ is because all the figures quoted on our site include VAT at 5% so that you get a full cost comparison, but the numbers you mention from your supplier are the pre-VAT rates. To find out your rates with 5% VAT, you need to multiply each figure by 1.05.

The dates in the tariff names refer to the date that you went on supply (so usually just over a year before your tariffs end date).

This is an issue which we've flagged to Ofgem (the regulator) as we agree it can be confusing.