Bulb price comparisons

1alangraham

i note that the daily standing charges and prices for both gas and electricity /kWh on the price comparison MSE website are not in line with the actual charges i am paying. Consequently the price comparisons are invalid. All other details of the Bulb account are correct. Does anyone know a way to amend the values to reflect the correct charges on the website so that the price comparisons are valid ?

Benight

1alangraham wrote: »

i note that the daily standing charges and prices for both gas and electricity /kWh on the price comparison MSE website are not in line with the actual charges i am paying. Consequently the price comparisons are invalid. All other details of the Bulb account are correct. Does anyone know a way to amend the values to reflect the correct charges on the website so that the price comparisons are valid ?

Contact the MSE CEC - details on the FAQ page

JJ_Egan

VAT missing ??

1alangraham

Thanks JJ . the difference is indeed the VAT. Thanks for your help

Benight

1alangraham wrote: »

Thanks JJ . the difference is indeed the VAT. Thanks for your help

Contact the MSE CEC - details on the FAQ page

All tariffs indicated on the MSE CEC should include the VAT. Which supply region do you suggest it is missing from?

1alangraham

he VAT was not missing from the MSE calculations but was not shown on the BULB statement

[Deleted User]

1alangraham wrote: »

Thanks JJ . the difference is indeed the VAT. Thanks for your help

Ukpower/Uswitch do exactly the same and show suppliers kwh prices minus the 5% VAT..Maybe all comp sites work like, that but it would be better if they displayed full price with VAT..Daily standing charges should not vary.
.Uswitch do total the full price inc VAT and dual fuel discounts when showing the yearly cost of someones estimated yearly Kwh usage..

Benight

1alangraham wrote: »

i note that the daily standing charges and prices for both gas and electricity /kWh on the price comparison MSE website are not in line with the actual charges i am paying. Consequently the price comparisons are invalid. All other details of the Bulb account are correct. Does anyone know a way to amend the values to reflect the correct charges on the website so that the price comparisons are valid ?

1alangraham wrote: »

he VAT was not missing from the MSE calculations but was not shown on the BULB statement

Ah, right. Good to hear the MSE are quoting the correct prices so that the comparisons are valid :money:

Imagine the problems that could be caused if you were able to update the prices on the MSE CEC yourself :eek:

In the meantime, you can report Bulb Energy for VAT fraud here:
https://www.tax.service.gov.uk/shortforms/form/TEH_IRF?dept-name=TEH&sub-dep%20%20t-name=&location=39

or by telephone:

HMRC fraud hotline
0800 788 887
Monday to Sunday, 8am to 8pm

What is VAT fraud?

VAT fraud is a type of tax evasion. It happens when a business doesn’t charge VAT when they should ...

https://www.gov.uk/report-vat-fraud

bsms1147

Bulb charge (and display on their statements) VAT; the price per unit and standing charge are quoted ex-VAT, total is calculated, then VAT is added. Lots of suppliers calculate and display It this way. No need to go HMRC on them...

GunJack

bsms1147 wrote: »

Bulb charge (and display on their statements) VAT; the price per unit and standing charge are quoted ex-VAT, total is calculated, then VAT is added. Lots of suppliers calculate and display It this way. No need to go HMRC on them...

EDF for one also do it like that, in fact don't think I've ever had a supplier do it any other way....