We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Am I On A Good Tariff ?

venomx
venomx Posts: 1,142 Forumite
Eighth Anniversary 500 Posts Name Dropper
edited 13 March 2019 at 8:07AM in Energy
Can't help but think i'm paying a lot for my electric.
Live in an electric only, two bedroom apartment. Living on my own.
Unemployed so in most of the day
My bill varies between £90 and £115 per month

Standing charge:
21.48p/day

Day unit rate:
19.1572p/kWh

Night unit rate:
9.449p/kWh


I have one small heater, on timer. And I use Economy 7 switch every other night to heat my water for a shower.

I was recommended to use " Look After My Bills.com "
Are they any good ?

Thanks

Comments

  • Robin9
    Robin9 Posts: 12,860 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Start with knowing what your actual consumption is ! When did you last read your meter ?

    Look back over your bills and find one about 12 months ago where the readings have the letter A for Actual against them. Read your meters now and do some simple sums.

    LAMB can be of use but unless it has good info its a case of garbage in garbage out.
    Never pay on an estimated bill. Always read and understand your bill
  • venomx
    venomx Posts: 1,142 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Robin9 wrote: »
    Start with knowing what your actual consumption is ! When did you last read your meter ?

    Look back over your bills and find one about 12 months ago where the readings have the letter A for Actual against them. Read your meters now and do some simple sums.

    LAMB can be of use but unless it has good info its a case of garbage in garbage out.

    I've only been here sine January, and I take meter readings every two weeks. Just took one now.

    13 days into last month my day usage was : 107
    15 days into this month my day usage is: 141

    13 days into last month my night usage was : 173
    15 days into this month my night usage is : 106

    Guessing i'll be saving this month as my night usage has come right down
  • Robin9
    Robin9 Posts: 12,860 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just checking - the 173 etc is the period of 28 days say Feb 13 to March 13

    On what basis is the bills of £90- £115 your quote - are these your suppliers using estimated readings or ones you give them ?




    Over a year your day usage won't change a lot - a bit less in summer. So about 3000 units.

    As you say night will start to fall but remember it includes water
    Never pay on an estimated bill. Always read and understand your bill
  • venomx
    venomx Posts: 1,142 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Robin9 wrote: »
    Just checking - the 173 etc is the period of 28 days say Feb 13 to March 13

    On what basis is the bills of £90- £115 your quote - are these your suppliers using estimated readings or ones you give them ?




    Over a year your day usage won't change a lot - a bit less in summer. So about 3000 units.

    As you say night will start to fall but remember it includes water

    Period of about half way through the month, so about 14 days on average.
    8th feb to 21st feb ( Last months )
    26th feb to 13th march ( this months)


    They are my accurate readings, as soon as they tell me to take them I do.
  • fatbelly
    fatbelly Posts: 23,143 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    venomx wrote: »

    Standing charge:
    21.48p/day

    Day unit rate:
    19.1572p/kWh

    Night unit rate:
    9.449p/kWh

    I'm on

    Standing charge  20.445p per day

    Unit rate  16.716p per kWh

    Economy 7 rate  9.051p per kWh

    so I suspect you could do better if you put your details into mse energy club - let us know what comes up.
  • Robin9
    Robin9 Posts: 12,860 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    On that basis - day units about 9 a day = 3000 a year @ 19p is £570; night 15 a day during winter but 5 in summer = £300; standing charge £80 . Total £950 plus VAT = £1050

    So yes £90 a month on average over the year.


    Who is your supplier and what tariff ?
    Never pay on an estimated bill. Always read and understand your bill
  • venomx
    venomx Posts: 1,142 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Robin9 wrote: »
    On that basis - day units about 9 a day = 3000 a year @ 19p is £570; night 15 a day during winter but 5 in summer = £300; standing charge £80 . Total £950 plus VAT = £1050

    So yes £90 a month on average over the year.


    Who is your supplier and what tariff ?

    Robin Hood Electric is my provider

    Electricity Tariff name:
    Robin Hood Energy Evergreen E7

    My advocate helps me with my finances and said they were the cheapest one.
  • Robin9
    Robin9 Posts: 12,860 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Keep on doing what you are doing - read your meter and give the readings to Robin Hood.
    Never pay on an estimated bill. Always read and understand your bill
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
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.8K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.