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I just recently decided to pick of WHFB mostly because my FLSGS will be hosting a slow grow league in response to 8th ed. we will most likely be starting at 1000 points so i am just trying to get a head start.
My club is usually very very competitive so I did my best reading up here on the forums to compose as competitive of a list at this point value while supporting my favorite models in the Skaven codex.
Hero:

Plagues priest w/ extra hand wep and Plague furnace 252 Points

Core:

20x Clan rats with shields and FC 100 Points

20x Storm Vermin with shields FC and Storm Banner 225 Points

Special:

20 x Plague Monks FC and Shroud of Dripping Death 185 Points

Rare:

Hell Pit Abomination 235

First your points are off one a few of the units

20 clanrats with shields and full command is 110 points

The stormvermin with FC and storm banner is 235

20 plague monks with FC and shroud is 195

Looks like for the SV and monks you are not factoring in you have to pay for the standard bearer AND the magic standard.

This puts your list at 1027

Where i would cut points

Drop the stormvermin entirely, they just arent worth the points for the minor upgrade over clanrats.

That puts you at 792

Drop the Full command from the monks, the unit is unbreakable, I really dont think the musician is needed, Keep the champ (to eat a challenge) and drop the banner of dripping death, the unit wont be fleeing, so most of the benefit is wasted, put the storm banner on this unit.

So 20 plague monks, Banner, Champ, storm banner
210

This puts you at 807

Add two units of 21 slaves w/ musicians

This puts you at 895

I would drop the clawleader from the clanrats, there just isnt a reason to spend 8 points for him

Add another unit of clanrats with shields and standard

This puts you at 990

My personal opinion is the HPA in lower point games is less effective then a doomwheel and warp lightning cannon

So drop the HPA, add a doomwheel and WLC

This puts you at 995

On the priest i would drop the AHW and add a flail. the +2 strength is imo way better than another attack

Puts you at 997

So now your looking at

Plague priest on furnace with a flail
254

21 Slaves
42

22 Slaves
44

20 rats with shields standard and music X2
102x2=104

20 plague monks with Champion and storm banner
210

WLC
90

Doomwheel
150

999

This gives you a lot more units on the board for table quarters and a bit more versatility. The WLC and doomwheel give you a little bit of ranged punch, which was missing before, and in smaller games the HPA is really easy to just ignore and avoid. If you really wanted to you could drop a unit of clanrats, bulk up you other unit to 25 and add a WLT or mortar team. Just my 2 cents.

Thank you for your input, like I said i was doing my best but am very new to fantasy.

I am trying to avoid slaves for the time being I know they are considered a must take but A I hate the models for them and B they are twice as expensive dollar wise as clan rats and plague monks.

Also I can only take 1 rare at the this point level, I was originally going to try and run 2 doom wheels as I just LOVE the model.

So if I drop the slaves should I flesh out the clan rats or just add another 20 man unit? the points are about right.