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Comparing electricity tariffs by unit rates rather than payment (Economy 7)
BulliJudd4
Posts: 21 Forumite
in Energy
I have an electricity-only home and am on an Economy 7 tariff (i.e. Day and Night unit rates).
I'm prepared to shop around to find the best tariff to be on. I understand you need to agree to a monthly Direct Debit amount (or quarterly, or whatever). But what I really want is to track down the tariff with the best night unit rate, as this is the majority of my bill.
It's all very well paying a monthly amount, but as we all know the amount you end up incurring never pans out to exactly match. The comparison sites I've used all show first and foremostly the monthly cost based on my usage, but I then need to delve into the details of each tariff to find the actual unit costs.
Is there a tool out there which allows you to search by tariffs' unit rates, or at least shows them on the screen rather than hidden away within the 'other details' section?
I'm prepared to shop around to find the best tariff to be on. I understand you need to agree to a monthly Direct Debit amount (or quarterly, or whatever). But what I really want is to track down the tariff with the best night unit rate, as this is the majority of my bill.
It's all very well paying a monthly amount, but as we all know the amount you end up incurring never pans out to exactly match. The comparison sites I've used all show first and foremostly the monthly cost based on my usage, but I then need to delve into the details of each tariff to find the actual unit costs.
Is there a tool out there which allows you to search by tariffs' unit rates, or at least shows them on the screen rather than hidden away within the 'other details' section?
0
Comments
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BulliJudd4 said:It's all very well paying a monthly amount, but as we all know the amount you end up incurring never pans out to exactly match.It does match exactly if you choose Variable Direct Debit. You read the meters, they bill you for the exact amount of energy used (plus the daily standing charge) and that's that. No credit or debit keeps building up, much earlier warning if youve been using more than expected.Unfortunately VDD isn't offered by all suppliers and you may have to phone or message your supplier, it may not be a selectable option in your online account.1
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On your other thread you say you are currently with Utility Warehouse. I don't think you'll find better than their cheap off peak rate if the bulk of your usage is overnight. Your next best will probably be Octopus Snug.1
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