What is the TCR for HU4 6AG please?
Hi @keith in beautiful HU4 6AG, our rates are:
Electricity Unit Rate: 12.030p per kWh
Electricity Standing Charge: 24.56p per day (£89.64 per year)
Gas Unit Rate: 2.516p per kWh
Gas Standing Charge: 24.56p per day (£89.64 per year)
Dual Fuel discount: £30/year
To get the TCR, multiply the elec by 3100 then add the standing charge and subtract £15 for the dual fuel discount. Then divide the answer by 3100. TCR = £0.144
NB – the math is: (3100*.1203+89.64-15)/3100
Same thing with gas, but use 12500 instead of 3100. TCR = £0.0311
NB – the math is: (12500*.02516+89.64-15)/12500
P.S. This all assumes the tariff comparison rate still implies 3100 kWh of elec and 12,500 kWh of gas, I think Ofgem was recently saying that the medium house now uses 3000 kWh elec and 12000 kWh gas because Brits are baller energy savers!!!
Thank you Andrew. On the strength of that I have switched. I have inserted my own usage into the calculations and Bulb respresents a worthwhile saving. I also appreciate a straightforward tariff.