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New Gas / Electricity supplier

MigsyBigsy
MigsyBigsy Posts: 205 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
Hello all,

just looked at energy suppliers as my parents' one is ending at the end of next month.

Unfortunately not much around, but EON have a fixed rate for a year (no exit fees) for £86. Parents were currently paying £35 (with EON)

Does £86 seems reasonable?

Annual usage is as follows:
Elec: 1906
Gas: 467

thank you in advance

Comments

  • Robin9
    Robin9 Posts: 13,055 Forumite
    Part of the Furniture 10,000 Posts Name Dropper


    Annual usage is as follows:
    Elec: 1906
    Gas: 467

    thank you in advance
    Are you sure ?  Both of these are extremely low ?

    Is the gas perhaps a unit reading from the meter  ?   Can you read the meter itself and look for ft3 or m3 ?

    What do the bills say - and are those readings Estimated or Actual ?
    Never pay on an estimated bill. Always read and understand your bill
  • MigsyBigsy
    MigsyBigsy Posts: 205 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Robin9 said:


    Annual usage is as follows:
    Elec: 1906
    Gas: 467

    thank you in advance
    Are you sure ?  Both of these are extremely low ?

    Is the gas perhaps a unit reading from the meter  ?   Can you read the meter itself and look for ft3 or m3 ?

    What do the bills say - and are those readings Estimated or Actual ?
    thanks Robin,

    those are the estimates from EON on annual consumption. Slight error on my part on the Electricity. It should read 1931
  • Robin9
    Robin9 Posts: 13,055 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Time to do your own figures please


    Read the meters today please and also look back about 12  months and find some bills with Actual readings on them  - definitely not E.


    Never pay on an estimated bill. Always read and understand your bill
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    They don't offer you a fixed rate for £86, they are estimating a direct debit of £86 for the fixed tariff they are offering, of your parents use more energy than they estimate they will be billed more.

    Going from the estimated usage and ball park figures for the SVT of 28p electricity and 40p standing charges, plus 0.07p gas with 25 standing charges I calculate £810 per year and £68 per month on current SVT.

    The offered £86pm, would be 26.5% more expensive, so not that bad.

    But that is a lot of guess work, what is the real usage that has been asked for real SVT ratesm and what are the details of the offered fixed tariff?
  • Alnat1
    Alnat1 Posts: 4,080 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Do your parents have some kind of wood burner with back boiler for hot water or do they just never have a bath?
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
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