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Bulb and struggling to pay increased payments

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  • David28
    David28 Posts: 139 Forumite
    10 Posts First Anniversary
    If you put these figures into Neo you get £570 for gas and £868 for electricity £120 a month DD
  • niktheguru
    niktheguru Posts: 1,487 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    So looking at your figures you've provided for 11 months I've worked out your usage for a year will be approximately
    Elec: 5562kwh
    Gas: 15816kwh

    So annual consumption is
    Elec: 5562 x 0.1571 = £873.79
    Sc: 0.1934 x 365= £70.59

    Gas: 15816 x 0.028 = £442.84
    Sc: 0.1947 x 365 = £71.07

    So your annual bill is the total of all 4, which is £1458.29, So you should be paying £121.52 a month to cover your usage. If you have to add vat to that its approx £127.60

    Hope that helps.
    (Note that you haven't given us the date the meter reading was taken in March. I have assumed its beginning of March, but if its end of march your usage will be higher, assuming your readings are 10 months apart would make your annual consumption estimate at 6118kwh elec and 17396kwh gas, giving you a monthly payment if £132.50 - so it looks like bulb have been reasonable with your projections)
    Thank you niktheguru that is most helpful. Apologies i didnt include the vat.
    The March statement was from the 7th.
    So going forward could i use these figures  6118kwh elec and 17396kwh gas to enter into a comparison site?
    Bulb are suggesting i pay as a minimum £146.64 or £159.60 based on my consumption, so would that means the kw should be higher ? What kw of usage am i looking at to get the figure of £159.60.

    Yes I would use those figure in a price comparison. It’s always better to over estimate slightly than underestimate. Don’t just rely on cheap energy club as they don’t include all the companies. Also try citizens advice bureaus comparison tool and which’s comparison tool, I think another poster has given you the direct links above.
    I would avoid symbio and utility point at the moment, because symbio have a habit of over billing which in your situation would be counterintuitive, and people are struggling with getting hold of utility point customer services. Neon reef seem to be decent and are all online, I have put my parents with them and they have been cheap as well as easy to get hold of. Neo is a cheap provider but haven’t heard great things. You will definitely find much cheaper than bulb, they haven’t been cheap for a long time now,

    You initially said you had 500 debit with bulb but think you later said it was 350ish, that suggests either your account has slowly been increasing in debit for longer than the year you suspected, or you’ve had higher usage than usual in the last year and your direct debits were lower than they should have been for too long. Either way that’s in the past now.
    pop the usage figures (in kWh) in the comparison sites and see what you can save. Good luck.
  • Hasbeen
    Hasbeen Posts: 4,404 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Op: As above let us know if you are able to make any savings using the 2 sites mentioned as they give ALL suppliers.
    Neo might work out cheaper than rest but very difficult to get an actual tariff from them. My opinion.
    The world is not ruined by the wickedness of the wicked, but by the weakness of the good. Napoleon
  • st999
    st999 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hasbeen said:
    Op: As above let us know if you are able to make any savings using the 2 sites mentioned as they give ALL suppliers.
    Neo might work out cheaper than rest but very difficult to get an actual tariff from them. My opinion.
    I got tariffs from them quite easily.
    https://www.neo-energy.co.uk/wp-content/uploads/NEO-4.1-ELEC.pdf
  • Hasbeen
    Hasbeen Posts: 4,404 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 29 January 2021 at 5:58PM
    st999 said:
    Hasbeen said:
    Op: As above let us know if you are able to make any savings using the 2 sites mentioned as they give ALL suppliers.
    Neo might work out cheaper than rest but very difficult to get an actual tariff from them. My opinion.
    I got tariffs from them quite easily.
    https://www.neo-energy.co.uk/wp-content/uploads/NEO-4.1-ELEC.pdf
    Yes that is good. You have shown what they provide?  LOL.  Try and register and come back with outcome to GET a tariff?

    They seem very particular who they get back to?

    Did you manage to cancel your British Gas boiler cover ok?  o:)
    The world is not ruined by the wickedness of the wicked, but by the weakness of the good. Napoleon
  • st999
    st999 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hasbeen said:
    Did you manage to cancel your British Gas boiler cover ok?  o:)
    Not yet been ill
  • Hasbeen
    Hasbeen Posts: 4,404 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    st999 said:
    Hasbeen said:
    Did you manage to cancel your British Gas boiler cover ok?  o:)
    Not yet been ill
    Ok. Sorry to hear that. Try here when you are able to:  :'(    Cancel British Gas by Phone: 0330 100 0222, HomeCare or through Post (servicecomplaintreview.co.uk)
    The world is not ruined by the wickedness of the wicked, but by the weakness of the good. Napoleon
  • So looking at your figures you've provided for 11 months I've worked out your usage for a year will be approximately
    Elec: 5562kwh
    Gas: 15816kwh

    So annual consumption is
    Elec: 5562 x 0.1571 = £873.79
    Sc: 0.1934 x 365= £70.59

    Gas: 15816 x 0.028 = £442.84
    Sc: 0.1947 x 365 = £71.07

    So your annual bill is the total of all 4, which is £1458.29, So you should be paying £121.52 a month to cover your usage. If you have to add vat to that its approx £127.60

    Hope that helps.
    (Note that you haven't given us the date the meter reading was taken in March. I have assumed its beginning of March, but if its end of march your usage will be higher, assuming your readings are 10 months apart would make your annual consumption estimate at 6118kwh elec and 17396kwh gas, giving you a monthly payment if £132.50 - so it looks like bulb have been reasonable with your projections)
    Thank you niktheguru that is most helpful. Apologies i didnt include the vat.
    The March statement was from the 7th.
    So going forward could i use these figures  6118kwh elec and 17396kwh gas to enter into a comparison site?
    Bulb are suggesting i pay as a minimum £146.64 or £159.60 based on my consumption, so would that means the kw should be higher ? What kw of usage am i looking at to get the figure of £159.60.

    Yes I would use those figure in a price comparison. It’s always better to over estimate slightly than underestimate. Don’t just rely on cheap energy club as they don’t include all the companies. Also try citizens advice bureaus comparison tool and which’s comparison tool, I think another poster has given you the direct links above.
    I would avoid symbio and utility point at the moment, because symbio have a habit of over billing which in your situation would be counterintuitive, and people are struggling with getting hold of utility point customer services. Neon reef seem to be decent and are all online, I have put my parents with them and they have been cheap as well as easy to get hold of. Neo is a cheap provider but haven’t heard great things. You will definitely find much cheaper than bulb, they haven’t been cheap for a long time now,

    You initially said you had 500 debit with bulb but think you later said it was 350ish, that suggests either your account has slowly been increasing in debit for longer than the year you suspected, or you’ve had higher usage than usual in the last year and your direct debits were lower than they should have been for too long. Either way that’s in the past now.
    pop the usage figures (in kWh) in the comparison sites and see what you can save. Good luck.
    Thank you, you've been very helpful. Will go back through the thread and try the comparison sites mentioned.
    The debt was £311.50 so not as much as i originally thought. Will be keeping a closer eye on the payments and usage from now on!
  • Hasbeen said:
    Op: As above let us know if you are able to make any savings using the 2 sites mentioned as they give ALL suppliers.
    Neo might work out cheaper than rest but very difficult to get an actual tariff from them. My opinion.
    Thank you Hasbeen, will do. Its on my to do list for next week!
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