Calculator to add up total price?

polymaff

JJ_Egan wrote: »

<worth doing another new comparison now with the more accurate estimate of your anticipated annual consumption.>

my estimated consumption makes no difference

Suppose supplier A offers a really low cost per kWh for gas, but a pretty high cost per kWh for electricity - and supplier B offers the opposite.

How are you going to decide which is the better supplier without estimated consumption figures?

molerat

JJ_Egan wrote: »

<As you clearly over-estimated your consumption >
YES
<worth doing another new comparison now with the more accurate estimate of your anticipated annual consumption.>

Why ?my estimated consumption makes no difference . Its the cost of the units and standing charges that make a difference .
Thats all i look at the actual cost not an estimate of anything .Thats what i have done on multiple transfers since day one .Look at the cheapest cost not the cheapest estimate .

There are 3 essential components to your annual cost
1) unit price
2) daily charge
3) annual consumption
All 3 need taking into account when deciding on a supplier. It is also worth doing a high and low usage figure comparison to show how each will affect your overall cost.

JJ_Egan

Where does the discount come for annual consumption .
You seem to be saying that a difference in consumption will make a difference to the unit costs and standing charges .
If i buy at .03p and pay SC of 20p on a fixed contract how is that going to change if i use more or less . Its not unless their is a discount the more i use .

<<Suppose supplier A offers a really low cost per kWh for gas, but a pretty high cost per kWh for electricity - and supplier B offers the opposite.

How are you going to decide which is the better supplier without estimated consumption figures?>>

Why consumption figures they give you the unit costs and its not tied in to consumption is it .
In the above scene i would buy gas from A and Electric from B .

My actual annual cost is only based upon usage + actual standing charge + unit rate .
The only difference re estimated usage is to the direct debit .

From what has been posted users are almost saying if i put in a truer estimated annual usage i would get a lower rate . That is a wrong assumption and give or take new suppliers not entering in to the calculation i have always been ahead .

gas .02.664 S/C 14.312
elec 12.597 S/C 20.297

Significantly cheaper with me entering a more accurate estimate ???

polymaff

polymaff wrote: »

Suppose supplier A offers a really low cost per kWh for gas, but a pretty high cost per kWh for electricity - and supplier B offers the opposite.

How are you going to decide which is the better supplier without estimated consumption figures?

JJ_Egan wrote: »

Why consumption figures they give you the unit costs and its not tied in to consumption is it .
In the above scene i would buy gas from A and Electric from B .

Address the actual question - How are you going to decide which is the better supplier.

And learn how to use the Forum's Quote / Multi-Quote feature.

Raxiel

Estimating consumption will mean that the total price for a given tariff wont match what you end up paying of course.

But in my experience, the difference between estimated and actual consumption has to differ significantly for the order of cheapest to most expensive to change. I.e. 1/3 or 3x difference.