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Bulb energy quote high

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i8change
i8change Posts: 423 Forumite
Part of the Furniture 100 Posts Combo Breaker
Hi,


I used a referral link to get a quote from Bulb. It was for Electricity only.
I used 1693kwh last year so entered 1700kwh. The quote was for £60 per month and when I used "refine quote" it said "You're currently paying around £978 a year. After switching to Bulb, you'll be paying nearer £724" which is way out.


Has anyone else had problems and do they just adjust the £60 per month quoted once you have sent a few reading?


Thanks for any replies :)

Comments

  • Robin9
    Robin9 Posts: 12,799 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What's the problem? Is the £978 correct (to check you will need your readings of 12 months ago and the tariff rates, standing charge plus VAT

    £724 is only an estimate - use more pay more, use less pay less.
    Never pay on an estimated bill. Always read and understand your bill
  • matelodave
    matelodave Posts: 9,084 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 5 April 2019 at 12:56PM
    I expect to tell my energy co my consumption and them to work out what I should pay based on the info I give them unless I don't bother and let them guess, which doesn't seem to be the case in this instance

    I would have thought that if the OP input 1700kwh then the "estimate" should have done the simple sum of multiplying 1700 x tariff and got a fairly accurate cost.

    Even if you decided that the tariff was 20p/kwh and the s/c was £100 a year you'd only get a dd amount of around £36 a month.

    £60 a month is nowhere close, a dd of £30 is much nearer the mark for 1700khw/p/a
    Never under estimate the power of stupid people in large numbers
  • [Deleted User]
    [Deleted User] Posts: 1,655 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I just did a quote on Bulb's site - using 1700kWh for region 11 and got quoted £36 a month.

    However using the figures below from their tariff page, the value should have been £25 a month or £300.08 a year.
    Single rate meter

    Electricity

    Tariff name

    Vari-Fair Electricity

    Tariff type

    Variable

    Payment method

    Direct debit

    Unit rate

    13.262p per kWh

    Standing charge

    20.44p per day (£74.62 per year)

    Assumed annual cost

    £426.37 per year
  • i8change
    i8change Posts: 423 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 5 April 2019 at 1:29PM
    Originally Posted by Robin9

    What's the problem? Is the £978 correct
    The quote was for 1700kWh Electricity only. I am currently with Bristol Energy 1 year fix issue 22 paperless £26 per month & in credit over the year I have been with them.


    "energyhelpline" quote for Bulb Vari-Fair Electricity is £302 (<£26 per month) so Bulbs £60 per month estimate, using "refine quote" and my exact annual usage is over twice what I will using.


    Looks more like a quote for Dual fuels. I was just wondering if others have switched to them Electricity only and had their D/Debit halved, or much reduced, once they have sent one or two readings?
  • i8change
    i8change Posts: 423 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 5 April 2019 at 1:29PM
    Originally Posted by gsmlnx
    I just did a quote on Bulb's site - using 1700kWh for region 11 and got quoted £36 a month.
    I tried again on Bulbs own website (without using one of the £50 credit referral links) and it still comes up with £60 per month, Electric only 1700kWh.
    Perhaps there is a problem with their estimates for my postcode area. :(


    Might give them a ring, thanks for the replies.
  • i8change
    i8change Posts: 423 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    All OK now, seems to be giving correct quote when I refine it.


    Must have been fixed at their end. :)
  • [Deleted User]
    [Deleted User] Posts: 1,655 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yep they have done something as now it is showing £25 for me too.
    I just used the results page URL from before so I didn't enter any information this time around and it now shows the correct result.
  • i8change
    i8change Posts: 423 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Yep they have done something as now it is showing £25 for me too.
    Well now it's working I've used one of the MSE £50 credit thread links and switched.


    Hoping it all goes smoothly. :)


    Kind regards to those that replied.
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