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Airtricitys Biggest save analysis not looking too good

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  • 08-10-2010 1:34pm
    #1
    Catalpa1
    Registered Users Posts: 138 ✭✭


    I have no issue with any electricity or gas supplier but I found this from Bonkers.ie the most interesting analysis. I have seen I have posted the link and also the most important bits.
    The problem is like with house prices we have no national reference point/database. Airtricity are using average consumptions for the UK which are way higher than here in their calcualtion

    http://www.bonkers.ie/blog/42-airtricity-s-great-land-grab

    But anyway, lets play ball with Airtricity, take their gas and electricity consumption figures of approx 21,349 kW/h (or units) of gas and 6,098 kW/h of electricity and see what we get.
    Airtricity Biggest Save eBundle
    Annual Cost:
    €1932.46
    Bord Gais Paperless (electricity) & Flogas Standard (gas)
    Annual Cost
    €1936.14

    Flogas Standard (gas) & Airtricity Smart Saver Online (electricity)
    Annual Cost:
    €1936.75

    Airtricity are cheapest if you use as much gas and electricity as they say, but there’s only €3.68 in the difference between them and a Flogas/Bord Gais mix. Plus if you were with Bord Gais and Flogas or Flogas and Airtricity, you wouldn’t be tied in for a year, which would allow you to wait and see what the new ESB has to offer.
    What’s really interesting about this though is if you use something more akin to the Irish gas consumption figures, you get a different picture. If we use say 13,800 kW/h of gas and 6,000 kW/h of electricity, a Bord Gais & Flogas or an Airtricity & Flogas combination is actually cheaper than Airtricity’s Biggest Save deal.

    Flogas Standard (gas) & Bord Gais Paperless DD (electricity)
    Annual Cost:
    €1598.43
    Flogas Standard (gas) & Airtricity Smart Saver Online (electricity)
    Annual Cost:
    €1599.03
    Airtricity Biggest Save eBundle
    Annual Cost:
    €1624.51
    So really what were seeing here is that the Airtricity deal is a good one regardless but particularly if you’re a high gas user. But if you’re a lower gas user and an average or higher electricity user, you’d be better off with Bord Gais or Airtricity for electricity and Flogas for gas.
    In the UK, home energy tariffs are now more complicated than mobile phone bills. Before long we’ll see the same thing in Ireland. Without a standard by which tariffs can be compared, savings figures from suppliers will become completely meaningless.
    To allow us to compare energy tariffs properly the regulator needs to publish agreed national average household energy consumption figures and suppliers should be required to use them when making savings claims. That way we could easily work out whether deals like these are worth switching for or not.

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