Fix or not if low user

shazk85

frugalmacdugal said:

Hi,

if you're happy with offer now then just fix, instead of pondering, then you know where you are, as a low user difference will only be about £5/10 a month.

What is your annual usage in units, not in ££s

how would i know or work that out?

shazk85

frugalmacdugal said:

Hi,

if you're happy with offer now then just fix, instead of pondering, then you know where you are, as a low user difference will only be about £5/10 a month.

What is your annual usage in units, not in ££s

How would i work out my usage in units?

[Deleted User]

Hi,

well looking at your first post,

Current Electric unit 26.76 S/C 50.31  Gas unit 29.11 S/C 6.76
Pledge Electric unit 27.09 S/C50.69 Gas unit 7.07 S/C 29.60

Pledge could work out dearer, but then you know prices won't change for a year or so.

Catpuss66

frugalmacdugal said:

Hi,

well looking at your first post,

Current Electric unit 26.76 S/C 50.31  Gas unit 29.11 S/C 6.76
Pledge Electric unit 27.09 S/C50.69 Gas unit 7.07 S/C 29.60

Pledge could work out dearer, but then you know prices won't change for a year or so.

Just wanted to point out think your gas pledge unit & S/C are the wrong way round

TheElectricCow

shazk85 said:

frugalmacdugal said:

Hi,

if you're happy with offer now then just fix, instead of pondering, then you know where you are, as a low user difference will only be about £5/10 a month.

What is your annual usage in units, not in ££s

How would i work out my usage in units?

Have a look at your bills, they should show your meter readings under the breakdown of your charges. Try to find two actual (not estimated) readings 12 months apart if you can.

Subtract the smaller reading from the larger one and the number you’ve got will be your total usage in units for the year. 

You won’t use exactly the same amount each year, but this figure will give you a good indication of how much energy you can expect to consume, which can then help work out how much a tariff is likely to cost.

shazk85

TheElectricCow said:

shazk85 said:

frugalmacdugal said:

Hi,

if you're happy with offer now then just fix, instead of pondering, then you know where you are, as a low user difference will only be about £5/10 a month.

What is your annual usage in units, not in ££s

How would i work out my usage in units?

Have a look at your bills, they should show your meter readings under the breakdown of your charges. Try to find two actual (not estimated) readings 12 months apart if you can.

Subtract the smaller reading from the larger one and the number you’ve got will be your total usage in units for the year. 

You won’t use exactly the same amount each year, but this figure will give you a good indication of how much energy you can expect to consume, which can then help work out how much a tariff is likely to cost.

Well that was easy as i moved into house 1 year ago today exactly lol
Electric is 1062
Gas 278 
Thanks will have look at these numbers and costs (I'm even more confused now that cap will drop again later next year) its never straight forward and easy lol 

Arunmor

So multiply your units used by the cost in units for each plan then take the service charge and multiply by 365 that will give you the cost for both companies.

Arunmor

Current company = £479 electric and £125 gas
Pledge = £472 electric + £128 gas

There is nothing in it and if it was me based on your usage I would leave it.

shazk85

Arunmor said:

Current company = £479 electric and £125 gas
Pledge = £472 electric + £128 gas

There is nothing in it and if it was me based on your usage I would leave it.

Ah Thanks you did that quick I am so useless at knowing what to do and making decision and I get so confused by it all really appreciate help.

EssexHebridean

Isn't the Pledge tariff the one where they guarantee that it will always track 3% under the price cap at the time? If it is, and there are no cheaper fixes on offer right now, then it's surely a no brainer?