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Am i better off or should i switch??

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hello,

i have only my electricity supplied by Southern Electric (there is no gas to the village). I am on a social tarrif and pay by DD so i believe that my bill should be 26% cheaper than their normal tarrif. However, as the cost of electric rises then obviously my costs like everyone else increase. My question is would i be better off switching to a capped tarrif rather than sticking to my social tarrif which is reviewed every 2 years anyway?

thx moneysavers

Comments

  • bixieupnorth
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    same boat for me

    i'm currently with sainsburys energy, monthly direct debit, dual fuel.

    every time i do a search the prices seem to be hugely bigger than what we currently pay
    ie elec nsc option secondary 8.252p per kWh
    primary 13.662p

    gas domestic standard 2.746p
    primary 3.751p

    everything i can find is nowhere near this, or am i missing something?? we seem to be fairly low users as our combined monthly dd is only £53 and we're £118 in credit too

    any advice about whether to twist or stick??

    cheers
  • Ken68
    Ken68 Posts: 6,825 Forumite
    First Anniversary First Post Energy Saving Champion Home Insurance Hacker!
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    Stick with the social tariff.
    The lower user you are, Ebico prices become more attractive.
    Do a manual check. No tier pricing and Anglia area is 10.80p kwh and 2.86p for gas, both inc. VAT and less any social tariff discounts.
  • Dumpy_2
    Dumpy_2 Posts: 29 Forumite
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    I'm with Ebico (Southern Electric) (hubby insists on paying via prepayment as we have a low income)) and am very happy with this company but should I look around for a capped gas/electric price??????????? I have done a comparison and Ebico is still the cheapest for me but now only by £24 per year but I don't want to move to a company that has ***** customer service. Ebico so far have been fine with me. Decisions, decisions.........
  • webwahm
    webwahm Posts: 18 Forumite
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    I'm wondering if I should switch TO Ebico ... I'm with nPower and should save about £190... am on prepayment meter and have used the comparison sites but none of them give me any capped tarrifs - can you even get capped with prepayment????
  • maman
    maman Posts: 28,678 Forumite
    Name Dropper First Anniversary First Post
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    I have heard Martin on radio and by special email telling us to cap. The comparison websites tell me that I would not save on present outlay. Presumably this does not take into account anticipated rises? HELP!
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