Standard Rate vs Unit rate

KOT_2

I have recently moved into a new home. It has gone from 3 person house hold to a 2 person house hold - therefore I can't accurately provide what my usage has been.

I am looking at a fixed rate Tarrif and can't figure out which one would be best.

ECONOMY ENERGY - (Direct debit of £50 per month)
GAS: Day rate (24p) Unit price (2.39)
ELECT: Day rate (18.9p) Unit price (11.97)

GNE - (Direct debit of 34.98)
GAS: Day rate (20.42p) Unit price (2.80)
ELEC: Day rate (21.93p) United price (11.22)

I cook with gas and do so every day. Although GNE have initially put my DD cheaper, I am thinking about the unit price and how that could dramatically go up come winter months?

Any advice would be greatly appreciated.

Thank you

JJ_Egan

Your DD is only an estimate of your annual usage .
If its a fixed rate then it cannot go up during its term .The rate that is not the amount owed or the monthly payments .

KOT_2

Thank you.

Any suggestion on which one I should go for?

Raxiel

Looking at the figures you posted:
For Electric, GNE are always cheaper (unless you use less than 110 units a year which won't happen unless the place is empty) at an average 3000 units a year, Economy are about £20 more expensive, so not breaking the bank.

For gas, GNE are cheaper at or below around 3000 units (which is very low) but even if you go to an average 10000 units the difference is about £30.

So if you take an average of 3000kWh of electricity and 10000kWh of gas GNE are more expensive by a tenner a year which isn't likely to break the bank, even if you double the gas usage to 20mWh its still less than £40. Not a trivial amount, but it won't have you in the poor house.

For any reasonable amount of dual fuel usage, the EE tarrif is better, but the difference is enough that things like Customer service etc might swing it. I don't know enough about either company to offer suggestions on that front.

Disregard the DD amount, it's a complete guess and no indicator of what your final total for the year will be.

I have a spreadsheet I created to compare tarrifs here:
https://docs.google.com/spreadsheets/d/1LsLIrx-lkdJ0FOrg3tSn2RB6a8k9_WUKYfXFExVWjIA/pub?output=xlsx

ASavvyBuyer

It could be worth looking at different campanies for Gas & Electric, rather than dual fuel deals.

Zog, for Gas, have excellent customer service and are reasonable on price.

Depends which area you are in for the unit rates & standing charges.