Rising Direct Debits

matelodave

Penelopa.Pitstop wrote: »

All comparison sites are basing calculation on total cost per annum or average energy used for property size and number of people. If you want to check unit and standing charge, you have to click on more info for every company. I would like to see website where you can compare unit prices and based on it choose cheaper supplier. I don't want to waste my time and fill in how much energy I will use. I want to know who's the cheapest in my area.

Also a lot of websites is saying that you will save xxx money but it compares it to variable rate customer will go after the current deal ends. But I want to compare to my current tariff, not some imaginary one, which I will not fall to. So there's a lot of clicking to see actual info and unit prices.

Just went through comparison sites yesterday and got frustrated as always, by imaginary savings which were not real or relevant.

Heres a list, just from Octopus Energy, multiply that by 40 other suppliers and then see if you can work out which tariff would be cheapest for you https://octopus.energy/tariffs/

TBH I'd struggle just with this lot without trying to compare them all will lots of other suppliers as well.

A comparison site does it all for me - I put in my estimate and they tell me how much it will cost from each supplier in ascending order. In what way would alist of 400 tariffs & standng charges make it easier

Kevi

matelodave wrote: »

Your direct debit is not your bill - it's a payment towards it.

Thank you for your helpful comments. I know that.

I was flagging the reality that the headline monthly direct debit offer is indeed a figure out of the air - and just might be pitched low to sucker people in rather than a real estimate of use.

Someone later in this thread wondered if we could compare real rates and not just the offered direct debit estimates. It is indeed complicated, the simplistic comparisons offered don’t do the work needed.

JJ_Egan

I believe you are 100% wrong in your assumption and that is based upon many switches .
Just looking at switches offered today on one site non of the DD are out by more than a £1 .



However the simple fact is that comparisons are to difficult for a large number of users who find counting numbers far to hard .

alfie1950

If you put accurate up to date figures in , taking into account that prices have risen since the previous year you would have set the DD higher rather than looking at the bottom line and going for the cheapest DD figure.