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Please recommend a supplier and quote their rates

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Comments

  • Jakubk
    Jakubk Posts: 127 Forumite
    bsms1147 wrote: »
    Standing charges are around 25p a day for dual fuel (eg green.energy) which is just over £90 a year, so not near the £200 a year you quote. I find it hard to believe that the total annual cost would be cheaper with a zero standing charge company because the kWhs will just cost significantly more with them.

    You and all the people who liked your post are obviously a little poor at maths, there are TWO sets of standing charges, one for gas and one for electricity. At 0.2739 it is £100 per energy per year x 2=£200.

    Robin Hood Energy tell me that they are named for their location not for robbing the rich to pay the poor, although they are not for profit, These are their Standing Rates

    0.3655 - £133.41
    0.38115 - £139.12

    = £272.53

    Obviously there are some better, the cheapest so far is Igloo, they require Direct Debit, however, OFGEM tell me all suppliers must allow me to pay in cash if I want to.
  • Gerry1
    Gerry1 Posts: 10,852 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 24 September 2019 at 11:16PM
    Jakubk wrote: »
    You and all the people who liked your post are obviously a little poor at maths, there are TWO sets of standing charges, one for gas and one for electricity. At 0.2739 it is £100 per energy per year x 2=£200.
    Green.energy quotes daily standing charges of 10p for gas and 15p for electricity inc VAT on the Oak tariff.

    My poor maths also makes that 25p or £91.25 annually but no doubt you'll tell me where I've gone wrong.
  • Jakubk
    Jakubk Posts: 127 Forumite
    Gerry1 wrote: »
    Green.energy quotes daily standing charges of 10p for gas and 15p for electricity inc VAT on the Oak tariff.

    My poor maths also makes that 25p or £91.25 annually but no doubt you'll tell me where I've gone wrong.

    Funny, just did a quote and the rates are 31.82p & 31.31
    £116.14
    £114.28
    = £230.42

    Dual Fuel Sparkling Summer 2020

    Electricity (including VAT) Daily Fixed Charge 31.82p Per unit/kWh 20.57p
    Gas (including VAT) Daily Fixed Charge 31.31p Per unit/kWh 4.62p

    Dual Fuel Sparkling Summer 2020

    Electricity (including VAT) Daily Fixed Charge 31.82p Per unit/kWh 20.57p
    Gas (including VAT) Daily Fixed Charge 31.31p Per unit/kWh 4.62p
  • Gerry1
    Gerry1 Posts: 10,852 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 24 September 2019 at 11:34PM
    Gerry1 wrote: »
    Green.energy quotes daily standing charges of 10p for gas and 15p for electricity inc VAT on the Oak tariff.
    Jakubk wrote: »
    Funny, just did a quote and the rates are 31.82p & 31.31
    Wrong company... facepalm_48.png
  • Jakubk
    Jakubk Posts: 127 Forumite
    edited 25 September 2019 at 8:59AM
    Gerry1 wrote: »
    Wrong company... facepalm_48.png

    Sorry about that, as they say in Monty Python "What a silly bunt"

    I read Green.Energy as Green Energy,

    What you neglected to mention was that the Green.Energy company you are mentioning do not just have one of the lowest standing rates but they have low energy rates TOO.

    My usage is far lower than the averages they quote on their site, my spreadsheet shows they are £80 cheaper than Igloo who I found really hostile. Still £50 more than I was on but definitely the cheapest I have found so far.

    Now I have to try and twist their arm about Direct Debit, Ofgem said all suppliers have to allow customers to pay by cash, so it will be interesting to test this.

    Thanks for providing the name of green.energy, I will now go research them, their Chat on site does not work.

    Our tariff breakdown

    fsPJ5Sr.png

    Tariff Name, Oak
    Tariff Type, Variable
    Payment Method, Direct Debit
    Gas Unit Rate, .03093
    Elec Unit Rate, .12340
    Gas Standing Charge, .1000
    Elec Standing Charge, .1500
    Estimated Annual Gas Cost, £407.70
    Estimated Annual Elec Cost, £437.28
    Estimated Annual Gas Usage, (kWh)12000
    Estimated Annual Elec Usage, 3100
    Exit Fees, £0
    These rates are inclusive of VAT.
  • Gerry1
    Gerry1 Posts: 10,852 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 25 September 2019 at 9:45AM
    I'll probably get an earful for even suggesting this, but a Basic Bank Account seems to be the answer to your nervousness about Direct Debits. There are no bank charges and you can't go overdrawn. Just pay in the fixed DD amount a few days before each DD is due to be taken, perhaps by a standing order from another account.

    If the energy company tries to take more, the DD will bounce but the bank won't charge you a fee. You're always in full control (it's effectively Pay On Receipt Of Bill), so what's not to like?

    There's really no need for anyone having to go without heating, you just need to accept that there are some effective workarounds to your objections to standing charges and DDs.

    If you qualify for and and can get Winter FuelPayment (£100 - £300), Warm Home Discount (£140) and / or Cold Weather Payments (£25 dollops) they could also make quite a significant improvement to your predicament.

    You may also qualify for the Priority Services Register. Every little helps !
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