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Misleading Energy Club comparison

I've just signed up to Tonik energy on the basis that the Energy Club comparator said I would save £95 per year but then realised that Tonik say it will be plus £12 year.


On checking, the rates used by the Energy Club are too low.


Not good!!


Be careful when using the Energy Club!


Very disappointing from MSE

Comments

  • matelodave
    matelodave Posts: 9,291 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Did you check what your were signing uo or. Comparing like with like, making sure you were using your annual kwh consumption and making sure that you weren't close to the end of a fixed contract.

    you should never look at the potential savings, but do your own sums and check the projected cost based on your consumption in kwh and the tariff that's offered.
    Never under estimate the power of stupid people in large numbers
  • matelodave wrote: »
    Did you check what your were signing uo or. Comparing like with like, making sure you were using your annual kwh consumption and making sure that you weren't close to the end of a fixed contract.

    you should never look at the potential savings, but do your own sums and check the projected cost based on your consumption in kwh and the tariff that's offered.


    Yes I accept that I wasn't diligent enough but for MSE to rate a company on figures of 2.625 p/kwh and a daily charge of 21.998 p when the actual rates are 3.019 and 32.648 is somewhat disconcerting.


    You are right - do your own sums and don't trust MSE figures
  • grumpycrab
    grumpycrab Posts: 5,043 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Bake Off Boss!
    ... for MSE to rate a company on figures of 2.625 p/kwh and a daily charge of 21.998 p when the actual rates are 3.019 and 32.648
    Which tariff? Just checked Positively Green v12 and its the same.
  • molerat
    molerat Posts: 35,895 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just checked 3 of their tariffs and the prices quoted match.
  • Browntoa
    Browntoa Posts: 49,622 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Post 6 is spamming , unless I'm post 6
    Ex forum ambassador

    Long term forum member
  • Dobbibill
    Dobbibill Posts: 4,203 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Browntoa wrote: »
    Post 6 is spamming , unless I'm post 6

    You are now post #6 - spam deleted ;)
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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