Standing charge explain

niunian

Hello 
Can someone help me to figure out what will be a better deal. 
I'm w Click Energy 25.95 pence per KWh plus standing charge 9.40p.

I have an option to move to SSE Airtricity which is 27.20 pence per KWh and no standing charge. 

Is there any saving if I'll move or not 🙈

TheMilkmansDad

depends on your usage.

niunian

Last month usage was 504 units and previous month 438 units

Gerry1

Find two meter readings 12 months apart (customer, smart or meter reader).  Subtract the older from the newer and do the sums.

Brie

Interesting that SSE says no standing charge. 

I've not seen that anywhere before as everyone talks like a standing charge is an absolute necessity - which I've never understood.  Yes we have to pay for infrastructure but we don't pay a SC at Tesco because they need to get their trucks to deliver to stores we just pay for what we actually buy.  

Brie

Doing the maths based on just Oct & Nov....

Difference in tariffs 27.2 - 25.95 = 1.25p
942 total kw x 1.25p = £11.78
61 days x 9.4p = £5.73

Which (unless I've missed something) makes the 25.95p/kw & 9.4p/day cheaper.

The_Green_Hornet

Brie said:

Interesting that SSE says no standing charge. 

I've not seen that anywhere before as everyone talks like a standing charge is an absolute necessity - which I've never understood.  Yes we have to pay for infrastructure but we don't pay a SC at Tesco because they need to get their trucks to deliver to stores we just pay for what we actually buy.  

I suspect that the OP is in Northern Ireland.

Brie

The_Green_Hornet said:

Brie said:

Interesting that SSE says no standing charge. 

I've not seen that anywhere before as everyone talks like a standing charge is an absolute necessity - which I've never understood.  Yes we have to pay for infrastructure but we don't pay a SC at Tesco because they need to get their trucks to deliver to stores we just pay for what we actually buy.  

I suspect that the OP is in Northern Ireland.

Yes - so it appears!  Still......

la531983

9.4p standing charge?!?!

Even that is insanely cheap by current standards. Is there a link to this tariff please?

Edit - ah, he's in Northern Ireland. 

matelodave

504 units at 25,95p would cost you £130.79 plus 30 days at 9.4p = £2.82 total £133.61 whereas 504 units at 27.2 would be £137.09 costing you £3.48 more.

Your break even point is around 300 units a month or 3600 kwh per year. Use less than 300 a month and the higher cost per kwh minus the standing charge means you'll pay less. Use more than 300 a month and you'll be better off paying less per kwh plus the standing charge

TBH you are getting away with an absurdly low standing charge. Most energy companies are charging around 50p/day

Scot_39

Brie said:

Interesting that SSE says no standing charge. 

I've not seen that anywhere before as everyone talks like a standing charge is an absolute necessity - which I've never understood.  Yes we have to pay for infrastructure but we don't pay a SC at Tesco because they need to get their trucks to deliver to stores we just pay for what we actually buy.  

Its a nonsense comparison.

You might pay if you want those goods delivered to your door.  Some even have a min spend fee (£40 @ ASDA iirc - as well as a variable time of delivery fee)

You pay those truck and store overhead costs - only the total bill matters.

Utilita do a zero SC tariff - but charge more than standard rate for 1st 2 units per day.  You use 2 or more units you actually pay more than Ofgem cap rates.