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Comparisson annual usage - why is it incorrect on the Money Saving website, need some help please

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Mr.Plinky
Mr.Plinky Posts: 26 Forumite
Seventh Anniversary 10 Posts Name Dropper
edited 15 September 2020 at 7:30PM in Energy
Hi

Really need some guidance. Im trying to do a comparisson on your website (the energy shop I think), however Igloo provide the usage in m3. Ive tried the conversion on another money savings website as I can't find anything here. 
Igloo provide the readings/usage in m3 so for last 12 months meter reading is from 5771 to 4160 usage 1611m3.
The conversion Ive aquired is in the region of 51803kwh and all the estimates are telling me my monthly bill is going to be £120+ higher. This really doesn't seem correct unless gas has shot up in cost. Im wondering where Ive gone wrong or. The formula they use is:
  1. Multiply by the volume correction factor (1.02264). So 1661 * 1.02264 = 1698.60504
  2. Multiply by calorific value (40.0).67944.2016
  3. Divide by kWh conversion factor (3.6).18873.3893333333
I think the first is imperial and the second is metric. Should it be metric? 
As a featur request would be nice if we could input m3. Would help block the confusion.
From my igloo account
Electric
29 Aug 201965947kWh 
28 Aug 202071520kWh
So 5573kwh..easy

Gas
29 Aug 20194160m
28 Aug 20205771m3
so 1611m3
Currently im paying £109 pcm and last bill was £79. Igloo have announnced increases so time to check and jump ship.
The cheapest comparrison is bringing up a bill of £199 pcm on imperial and £124 on metric
Please help. Confused!

Thanks
Mr P

Comments

  • Robin9
    Robin9 Posts: 12,773 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 15 September 2020 at 7:45PM
    1611m3 is about 18,000 kWh (use 11.2 to convert)

    You can't enter m3 because that is only part of the equation, the conversion also needs calorific value and that varies monthly, even daily
    Never pay on an estimated bill. Always read and understand your bill
  • Robin9 said:
    1611m3 is about 18,000 kWh (use 11.2 to convert)

    You can't enter m3 because that is only part of the equation, the conversion also needs calorific value and that varies monthly, even daily
    Thanks...Igloo not being customer/market friendly or do they all do this? Bit odd. Regardless.
    Resulst and thank you.
  • Talldave
    Talldave Posts: 2,002 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Since you're a high user of both gas and electricity, check out separate suppliers as that will most likely give you the cheapest outcome. 
  • Talldave said:
    Since you're a high user of both gas and electricity, check out separate suppliers as that will most likely give you the cheapest outcome. 
    Ive never ever thought of that, I have no idea where I got the impression doing bothin house would potentially be more expensive. Never make it easy for customers, makes me want to swap just for the sake of it....
    Thank you I will have a dig and play with the figures.
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