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Trying to figure out if switching gas & electric is worthwhile

Brie
Brie Posts: 16,971 Ambassador
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So - I've got my bills and I've used the MSE cheap energy comparison tool and been told that I can save about £140 a year by switching from Bulb to People's. (never heard of them)

It looks though that my readings are way off the norm - and these are actual readings, not estimates. 

The switch tool notes that the average usage for electric in the UK is 2900 kwh and for gas it's 12,000 kwh.  Our electric is over 9,000 & our gas is a measly 2700. 

Our heating and hot water & stove top are gas but everything else is electric.  We did have a hot tub for a portion of the year (now sadly deflated...) and have an oldie who wants the electric fire turned up to 11 every single day - so obviously we're using more than is standard for our household.  And due to the pandemic I've been WFH so that's added to the power drain as well.

Does this all seem reasonable?  Just trying to do a sense check before I actually get to switching. 

I know that Bulb (& probably all the rest) will be increasing their prices but others have suggested that Bulb are expensive in any case.  That said there were very few comparisons that came up with anything less at all.  Should I be trying a different tool???
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  • elsien
    elsien Posts: 37,597 Forumite
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    edited 5 September 2021 at 6:06PM
    Did you do your own calculations on your usage from last year?
    Are you looking at fixed or variable? 

    I ignore the projected savings, and work out likely spends using the standing charge and unit rate and playing around with usage to allow for colder winters (for example.) 
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • Robin9
    Robin9 Posts: 13,081 Forumite
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    Brie said:


    The switch tool notes that the average usage for electric in the UK is 2900 kwh and for gas it's 12,000 kwh.  Our electric is over 9,000 & our gas is a measly 2700. 


    Ignore that  - it's for a gas heated semi -  and most gas heated semis don't have electrically heated hot tubs.  It's you actual consumptions that matter  not some "average"

    Do double check on your gas please -  give us the actual meter reads please (today and 12 months ago if you can) and look carefully for the letters m3 and cu ft  (whatever you do ignore any ref to kWh on your meter). 
    Never pay on an estimated bill. Always read and understand your bill
  • QrizB
    QrizB Posts: 22,663 Forumite
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    Robin9 said:
    Brie said:
    The switch tool notes that the average usage for electric in the UK is 2900 kwh and for gas it's 12,000 kwh.  Our electric is over 9,000 & our gas is a measly 2700.
    Ignore that  - it's for a gas heated semi -  and most gas heated semis don't have electrically heated hot tubs.  It's you actual consumptions that matter  not some "average"
    Just to confirm(!), I've got a 1950s gas-heated 3-bed semi and my consumption is pretty close to those figures. My electricity is a vbit lower due to my solar but without it I'd be within 10% or so on bith fuels.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
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  • The OP needs to check his/her calculations. When any comparison is made it is done on a rolling 12 month cost basis. The cost figure will be, with say one month to go to the end of the present fixed tariff, eleven months on standard tariff plus one month on present tariff. This leads to an inflated cost and the perception that there might be savings to be made.

    Given that the wholesale price of gas has increased markedly over the last 12 months, it is unlikely that anyone can find a cheaper tariff than they are on now. Indeed, the Ofgem Cap has increased by over £200 in the past 12 months. A month ago, I was paying 2.85p/kWh for gas: I switched early at 3.19p/kWh and last week the tariff price rose to 3.79p/kWh. The high price of gas is reflected in increasing electricity prices given the amount of gas-generated electricity.
  • Gerry1
    Gerry1 Posts: 10,853 Forumite
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    Brie said:

    Our heating and hot water & stove top are gas but everything else is electric...  and have an oldie who wants the electric fire turned up to 11 every single day.
    Sounds like your heating isn't all gas !  An electric fire represents the most expensive type of heating that it's possible to have.  Make sure the immersion heaters are permanently switched off.
  • Bigphil1474
    Bigphil1474 Posts: 4,065 Forumite
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    OP, I have gas boiler for heating/water and oven hobs - everything else is electric. My typical usage is 2,600Kwh for electric and 12,500 Kwh for gas, pretty much in line with typical usage. Electric has been a bit higher in last 12 months but only by about 400Kwh.
    Your electric use is way too high and electric is more expensive per Kwh as well. Ditch the electric heater and use your central heating. If the oldie is still cold, get them a blanket. 
  • Brie
    Brie Posts: 16,971 Ambassador
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    Is it definitely 2700 kWh for gas, and not 2700 m3? (The latter would equate to c. 30,000 kWh.)
    Or even cubic feet?

    is it possible that the meter is in m3 and bulb is assuming kwh?
    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • Brie
    Brie Posts: 16,971 Ambassador
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    Your electric use is way too high and electric is more expensive per Kwh as well. Ditch the electric heater and use your central heating. If the oldie is still cold, get them a blanket. 
    If we have the central heating going enough to do without the electric heater I would not be able to breathe.  MiL has the heater going on days when the temperature outside is heating 30c. And that's when she's wearing a jumper and has a blanket on her.

    Maybe we need to get her a more efficient heater.  Possibly one with a timer or thermostat so that it's not on constantly.
    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board:  https://lemonfool.co.uk/financecalculators/soa.php

    Check your state pension on: Check your State Pension forecast - GOV.UK

    "Never retract, never explain, never apologise; get things done and let them howl.”  Nellie McClung
    ⭐️🏅😇🏅🏅🏅🏅🏅
  • Brie
    Brie Posts: 16,971 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 6 September 2021 at 9:28AM
    Robin9 said:


    Do double check on your gas please -  give us the actual meter reads please (today and 12 months ago if you can) and look carefully for the letters m3 and cu ft  (whatever you do ignore any ref to kWh on your meter). 
    These are the reading I'm using - 12 months as of 9 August 2020 & 2021 actual from my bills.
    Electric 37069 - 27952 = 9117
    Gas 10666 - 7955 = 2711

    kwh for both as nothing showing as far as I'm aware in any other measure.

    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board:  https://lemonfool.co.uk/financecalculators/soa.php

    Check your state pension on: Check your State Pension forecast - GOV.UK

    "Never retract, never explain, never apologise; get things done and let them howl.”  Nellie McClung
    ⭐️🏅😇🏅🏅🏅🏅🏅
  • Neil_Jones
    Neil_Jones Posts: 9,815 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Brie said:
    Maybe we need to get her a more efficient heater.  Possibly one with a timer or thermostat so that it's not on constantly.

    All electric heaters are 100% efficient, there's nothing to improve.  You might do better to invest in thicker blanket(s) for the MiL.
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