£75 per month. Small two bed semi newish timber internal frame, brick rough cast exterior. Insulated loft.
That sum is worked out as an average across the year. (Some tariffs pay less in summer and more in winter as you pay as you use, my pal has that so she tells me she’s only paying £20 a month all summer and it sounds good, until she mentions she pays £140 pcm in winter which I couldn’t save up to do)!
With it having just been summer I am expecting that my bill will increase and my direct debit will therefore increase after a few months of winter when the company realised my monthly usage is higher this year as I am working from home now and will have the heating on all day over the winter instead of just the evenings.
I swap tariffs regularly. I use that martins money tips website as they are ethical and share half the commission with you as cash back.
One thing I will say though is get your price per unit and standing charge figures to hand.
I’ve been in many comparison websites that ask what tariff you are currently on so they can do a comparison - and when you say the exact one it gives the wrong price per unit or standing charge price! Unbelievable.
So you are NOT getting a true comparison.
So check very carefully that the stats they are using for your current tariff are correct, or you’ll think it’s worth switching but it actually may not be.
I have also been with companies who lure me by telling me that my monthly payments will be say £60 and I think great, but within a couple of months it’s increased to £75 again, so basically it wasn’t worth switching as they lied.
So get your usage over a year and your price per unit and standing charge and work it out yourself. Don’t look at what they say they will charge per month as that isn’t necessarily going to cover your bills and suddenly your direct debit will shoot op or they’ll want a cash bung. It’s the unit and standing charge price you need to know.