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  • FIRST POST
    • stickyvicci
    • By stickyvicci 6th Mar 18, 9:00 PM
    • 1Posts
    • 0Thanks
    stickyvicci
    higher standard rate vs higher unit rate?
    • #1
    • 6th Mar 18, 9:00 PM
    higher standard rate vs higher unit rate? 6th Mar 18 at 9:00 PM
    what is best in term of looking at tariffs. having a higher standard rate with lower unit rate or having a higher nit rate with a lower standard rate
Page 1
    • Andy_WSM
    • By Andy_WSM 6th Mar 18, 9:05 PM
    • 2,109 Posts
    • 4,531 Thanks
    Andy_WSM
    • #2
    • 6th Mar 18, 9:05 PM
    • #2
    • 6th Mar 18, 9:05 PM
    Entirely depends upon your consumption!

    • CashStrapped
    • By CashStrapped 7th Mar 18, 1:19 AM
    • 1,286 Posts
    • 720 Thanks
    CashStrapped
    • #3
    • 7th Mar 18, 1:19 AM
    • #3
    • 7th Mar 18, 1:19 AM
    Indeed....

    The accepted logic is that users with high use benefit from tariffs with a high standing charge and low unit rate.

    Low users benefit from low standing charge and higher unit rates.

    However.....as I often say....this does not really matter....

    It is a red herring to get caught up on how the tariff is structured..

    As long as you have accurate kwh figures base on your annual consumption, and you use this in a comparison site......whatever comes up as cheapest, regardless of how it is structured....is the cheapest...

    A comparison site does all the work for you.....
    • matelodave
    • By matelodave 7th Mar 18, 7:43 AM
    • 3,536 Posts
    • 2,191 Thanks
    matelodave
    • #4
    • 7th Mar 18, 7:43 AM
    • #4
    • 7th Mar 18, 7:43 AM
    AS others have said, if you are a high user then you might benefit from a lower unit rate and higher standing charge and lower users usually benefit from a lower standing charge and slightly higher unit rate but for most people with average consumption the difference is only a couple of 's.

    Use a comparison site and put in your annual consumption in kwh. Then if you are really interested do it again by increasing your consumption by 20% and then reducing by 20% and see if it makes much difference.

    Playing about with the figures on a comparison site wont cost you anything but give you the opportunity to explore differnt scenarios - totally ignore the "savings" it's what you have to pay that counts
    Love makes the world go round - beer make it go round even faster
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    • Hengus
    • By Hengus 7th Mar 18, 8:34 AM
    • 5,729 Posts
    • 3,515 Thanks
    Hengus
    • #5
    • 7th Mar 18, 8:34 AM
    • #5
    • 7th Mar 18, 8:34 AM
    Indeed....

    The accepted logic is that users with high use benefit from tariffs with a high standing charge and low unit rate.

    Low users benefit from low standing charge and higher unit rates.

    However.....as I often say....this does not really matter....

    It is a red herring to get caught up on how the tariff is structured..

    As long as you have accurate kwh figures base on your annual consumption, and you use this in a comparison site......whatever comes up as cheapest, regardless of how it is structured....is the cheapest...

    A comparison site does all the work for you.....
    Originally posted by CashStrapped
    Imho, it matters in one key respect only which is higher than projected usage (eg; very cold Winter). This is why I run three comparisons for gas using my annual projected figure then plus/minus 10%. Sometimes it changes the supplier/tariff and sometimes it doesn't.
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