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Utility Price Comparison.

Chris_Squires
Chris_Squires Posts: 2 Newbie
edited 28 August 2019 at 4:08PM in Energy
Having recently been tempted to switch Gas & Electricity suppliers I find that, although comparison sites show substantial savings, the comparisons are based on current suppliers standard follow on tariffs.
This seems misleading and I wonder if there is a clause in comparison sites small print advising of this.
If customers were to compare prices on their current provider's best price the comparison would be fairer and more representative.
Have I missed something or have I learned a lesson ?.

Comments

  • Robin9
    Robin9 Posts: 12,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You've learnt a lesson - blame the regulator. It's a good idea if you've never switched but confusing otherwise


    NB Please edit your post to remove your personal details !!!!!!!!!!!!!!
    Never pay on an estimated bill. Always read and understand your bill
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 28 August 2019 at 3:56PM
    Thousands of identical posts .
    Blame the regulators as they assume that you stay on a standard tariff.
    Dont blame the comparison sites ( though i do think they should have it in big big letters )


    Pity no complaints to the regulator .
  • Kitchen_Sink
    Kitchen_Sink Posts: 230 Forumite
    Sixth Anniversary 100 Posts Combo Breaker Name Dropper
    edited 28 August 2019 at 6:38PM
    Having recently been tempted to switch Gas & Electricity suppliers I find that, although comparison sites show substantial savings, the comparisons are based on current suppliers standard follow on tariffs.
    This seems misleading and I wonder if there is a clause in comparison sites small print advising of this.
    If customers were to compare prices on their current provider's best price the comparison would be fairer and more representative.
    Have I missed something or have I learned a lesson ?.
    You've missed quite a lot ;)

    But if you want a calculation based on your approach (what you paid last year rather than what youy will pay this year if you do nothing) try this :)
    https://www.moneysavingexpert.com/cheapenergyclub

    Remember the tariff on which your costs were based last year, presumably is no longer available this year ;)
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