We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Switching Tips

Options
2»

Comments

  • CashStrapped
    CashStrapped Posts: 1,302 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 31 October 2016 at 6:29PM
    Actuallly, I know what I use, I know my current charges and standing charge.

    I did not say otherwise.

    So if you gave me your unit charge and your standing charge its is a trivial calculation to compare and find the cheapest.

    Why would that help? We seem to be going round in circles. Why would you need my current unit/standing charge rates to find the current cheapest? Without my usage, again, it would be pointless.

    ---

    OK.....without using usage data, for your area, which tariff is cheapest for me? Do a search and give me the tariff name and unit rates.

    ---

    At the moment, each utility company has a variety of set tariffs available. These do not change unless they bring out a new tariff. It is up to us to search those tariffs and pick the one which gives us the cheapest result based on how much energy we are likely to use over the year.

    For low users Tariff A may be best
    For medium users Tariff A maybe expensive and Tariff B is best
    For High users both of the above may be very expensive and Tariff C is best.
    -

    You also have to consider which fuel you use most of (especially for dual fuel tariffs) . Some tariffs have cheap electricity but an expensive gas component and vice versa.

    You may use far more electricity than me, but I may use far more gas than you. So again, the cheapest tariff for you may be incredibly expensive for me.

    I would look for a cheaper gas tariff and that may be balanced by a more expensive electricity component. But it works out cheaper for me as I use less electricity.
    Thanks for your comments, you made it very clear for those that may not understand.

    I am not sure you have yet, but we'll get there!

    In summary, when using a comparison site, always use the most accurate annual KWH readings you can. That will show you the cheapest tariff for your particular use.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.