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  • ElephantBoy57
    ElephantBoy57 Posts: 799 Forumite
    500 Posts Name Dropper
    Gerry1 said:
    VAT?
    Always ignore all claimed savings and projections, just compare annual costs based on kWh from actual meter readings, never estimates.
    Ofgem's crazy rules mean that savings claims are meaningless.
    I have worked out that every time I change supplier, I save around £30 per year, having changed 5 times, that should mean I am now paying £150 per year. So the claims are misleading. How is it allowed?

  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 10 May 2020 at 7:09PM
    It's not just allowed, it's what Ofgem specify.  They also allow many suppliers to give fake E7 'quotations' that can be much lower than what they will actually charge you because they use the total consumption and assume the amount you use at night.  Ofgem are totally unfit for purpose.  
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