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Still complicated (on purpose).

Estimated personal projection, could save, may save. Just a couple of misleading statements that energy marketing want to confuse you with. Also try to find the so called TCR that was, supposedly, invented to make things easier to compare tariffs. It would be nice not to have to go through the mountain of so called energy companies telling you what you could or may save using a personal projection that does not exist (estimated).

Comments

  • Neil_Jones
    Neil_Jones Posts: 9,629 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Estimated personal projection, could save, may save. Just a couple of misleading statements that energy marketing want to confuse you with. Also try to find the so called TCR that was, supposedly, invented to make things easier to compare tariffs. It would be nice not to have to go through the mountain of so called energy companies telling you what you could or may save using a personal projection that does not exist (estimated).

    And this is why we have comparison sites like the Energy Club and uSwitch and whatever else that does it all for you. All you need is your usage or your best guesses, your current tariffs and feed them into the sites and see what they come back with.

    The statements are not misleading because a large chunk of people are on standard tariffs which are overpriced in the first place, and nine times out of 10 moving from them will result in a saving.
  • Bigphil1474
    Bigphil1474 Posts: 3,653 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    What's the alternative? Projected savings have to be based on what you'd pay if you stay where you are, and what you'd pay if you switched, with certain assumptions made e.g. that your energy use won't change. You just need to know what to look for, and don't be blinded by the big number saying you'll save £100's and do a bit of work yourself. In our house, the energy bill is about the third largest outgoing we make on a regular basis, so it's worth making the effort.
  • Well, simply put, all I need is the cost per kilowatt-hour and the standing charge per day for each fuel. Put that with annual consumption and anyone can do a comparison. It's the standing charge that can make "cheap" fuels expensive.
  • footyguy
    footyguy Posts: 4,157 Forumite
    1,000 Posts Combo Breaker
    PaulEmm43 wrote: »
    Well, simply put, all I need is the cost per kilowatt-hour and the standing charge per day for each fuel. Put that with annual consumption and anyone can do a comparison. It's the standing charge that can make "cheap" fuels expensive.

    Why do you opt to ignore other parts of the tariff that may apply?
    Why do you do the sums yourself when you have an app to do it all for you???

    Good luck!
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