Cheap Energy Club quote question.

whattochoose

I presently have a fixed tariff with EON which expires in September. As I normally do when my electricity tariff is due to expire, I turn to Cheap Energy Club to for tips about cheaper tariffs. This time I have been advised this tariff would save me the most money - M&S Energy - M&S 12M Fixed March 2020 v2
I'm told based on my estimated annual usage (907 kwh per annum), my annual charge will be £161, and the saving on my current tariff (EON Fix Online Exclusive v7) will be £41 (including cashback).
Unless I'm missing something this seems incorrect. 
Getting an estimate on the actual M&S website with virtually the same kWh and standing charge prices provides these amounts.......
Unit rate 15.2145p per kWh X 907 kWh

actual usage = £138.00

Standing charge 19.8555p per day X 365 days

= £72.47

Total = £210.47

Just providing this and wondering if there is something I've overlooked, or does it look as if CEC have got their figures wrong on this occasion?

Thank you.

Gerry1

Both the kWh rate and the standing charge are ridiculously expensive.

Petriix

What region are you in? I can't believe that's the best deal for your usage.

whattochoose

Petriix said:

What region are you in? I can't believe that's the best deal for your usage.

In the Greater Manchester region. At the moment I'm thinking I may switch to Octopus based on advice from another member on here.

Robin9

OP I think you will find the £161  is net of cashback

PS M&S is Octopus

Petriix

Outfox the Market are much cheaper for your low usage.

whattochoose

Petriix said:

Outfox the Market are much cheaper for your low usage.

Yes, but Cheap Energy Club warn against switching to them.

Petriix

The CEC rating hasn't been updated for some time. OTM made a massive error of judgement by increasing people's direct debit payments around 18 months ago. I believe they've changed their practices since. I've been with them for a couple of months and all has been fine so far. Otherwise I recommend my previous supplier Green.energy.

losanconed

is look after my bills worth dealing with ?

Talldave

losanconed said:

is look after my bills worth dealing with ?

If you're the sort of person that hands your bank details over to a total stranger and asks them to do your shopping for you - possibly. 

If you want to use the best value energy suppliers for your consumption profile, no.

Gerry1

losanconed said:

is look after my bills worth dealing with ?

Ask your butler and chauffeur.