Hi, I was advised by the MSE website that if I switched to Pure Planet I would save £431 per year. As I am currently paying Bulb £2844 and Pure Planet are asking for £3116.67, that doesn't look like a saving to me. Can you explain, please?
Best answer by stephenrand
Also worth noting that comparison sites figures are often skewed when a fixed rate tariff is about to end. They sometimes assume that if you don't switch you will start paying a standard tariff rate.
Note that it's a false comparison to compare what you are currently paying with what you are estimated to pay for the coming year.
The first thing to check is the details of the tariffs - what are Bulb currently charging per unit compared to the Pure Planet tariff? It's a bit more complicated because of varying standing charges, but it can be done.
Or simply check what the quote for Bulb was for the coming year, not what you are currently paying.
I can understand that with an annual bill of that size you want to get it right!
Hope that helps