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Cheap Energy Club accuracy

kuepper
kuepper Posts: 1,495 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
I am paying £420 pa to my current supplier (and in credit of £100 with winter to come) but CEA states I am paying £464 so I am beginning to doubt the accuracy of it's figures for other suppliers plans when deciding whether to switch or not. I can't see a link of how to contact them to get an explanation, is there one?

Comments

  • Neil_Jones
    Neil_Jones Posts: 9,629 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you just tell the energy club you pay £420 a year that doesn't mean anything, you need to use your usage figures to get a better cost price.

    On the other hand if you don't know what you use per year for gas and/or electricity and you pump a random number in, its guess is as good as anybody else's.

    You only get out as good information as you put in. And all prices are estimates anyway, if we have a painfully cold winter again where temperatures struggle to get above -4 C even during the day, you're going to use far more gas and/or electricity in that period than you may use across the rest of the winter period.
  • kuepper
    kuepper Posts: 1,495 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 6 November 2019 at 9:49PM
    Neil_Jones wrote: »
    If you just tell the energy club you pay £420 a year that doesn't mean anything, you need to use your usage figures to get a better cost price.

    On the other hand if you don't know what you use per year for gas and/or electricity and you pump a random number in, its guess is as good as anybody else's.

    You only get out as good information as you put in. And all prices are estimates anyway, if we have a painfully cold winter again where temperatures struggle to get above -4 C even during the day, you're going to use far more gas and/or electricity in that period than you may use across the rest of the winter period.


    I provided my usage figures, the same ones my supplier based their quote on. So the fact there's a £44 discrepancy makes me question the accuracy of CEA
  • Neil_Jones
    Neil_Jones Posts: 9,629 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Nothing beats doing your own calculations in Excel. No comparison site is God's honest truth.
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