Currently with EDF, should I switch?

suzieq

MrHelpful wrote: »

I am EDF Online v1. Yes v1 - we have been with them for 7 years I think. Should we cap or ride out the wave?? We pay £35 per month for electricity and £55 per month for gas. Any advice would be appreciated.

Any idea what your current rates are? Let me know, and I'll see what I can do, though am going offline now til tomorrow afternoon.

MrHelpful

Pricing Details

Gas Standing charge 0.00p per day (£0.00 per year) 0.00p per day (£0.00 per year)
Unit charge (pence per kWh)
4.035p for the first 1465 kWh per quarter, and 2.537p thereafter

Electricity Standing charge 0.00p per day (£0.00 per year) 0.00p per day (£0.00 per year)
Unit charge (pence per kWh)
15.414p for the first 225 kWh per quarter, and 9.135p thereafter

Discounts Customers paying by monthly direct debit receive a discount of £8.40 off their electricity bill and £16.80 off their gas bill. Dual fuel customers receive a discount of £25.20 a year. Total discount of £50.40

suzieq

MrHelpful wrote: »

Pricing Details

Gas Standing charge 0.00p per day (£0.00 per year) 0.00p per day (£0.00 per year)
Unit charge (pence per kWh)
4.035p for the first 1465 kWh per quarter, and 2.537p thereafter

Electricity Standing charge 0.00p per day (£0.00 per year) 0.00p per day (£0.00 per year)
Unit charge (pence per kWh)
15.414p for the first 225 kWh per quarter, and 9.135p thereafter

Discounts Customers paying by monthly direct debit receive a discount of £8.40 off their electricity bill and £16.80 off their gas bill. Dual fuel customers receive a discount of £25.20 a year. Total discount of £50.40

Do you know if thats before or after the price increase?

MrHelpful

I haven't got the foggiest - can we assume after?

housebug

We're with EDF and frankly, its getting so one supplier is the same as the next for rates. I'm wondering if its worth switching yet again and if I might be better off calling EDF and challenging them to make me an offer. So to speak.

We're emigrating early in the new year, so my goal is to try to keep costs down as much as possible until the Spring.

flashnazia

Here are the new rates for v1. Very hard to get hold of and I was given the wrong rates a few times.

This is for the Yorkshire area, inc VAT

Gas
First 5.565
Last 3.209
Threshold is 5860 kwh annually

Elec
First 17.12
Last 9.84
Threshold is 900 kwh annually

NicolaC

housebug wrote: »

We're with EDF and frankly, its getting so one supplier is the same as the next for rates. I'm wondering if its worth switching yet again and if I might be better off calling EDF and challenging them to make me an offer. So to speak.

I'm thinking similar actually.
I'm with EDF. Have been too busy withother things in life to be paying attention to the fact that I should have capped it a few weeks ago, and now I'm in a conundrum as to what to do.
What if I change and end up with a different rate that just increases more.

It's all far too confusing for me at the moment.

MrHelpful

Can someone answer the question - should I move off version1? I don't want a debate... a yes or no would be nice

flashnazia

I don't think anyone will tell you as v1 is a very old tariff that not many ppl know of any more.

I'm in same situation. On V1 but swiched to BG click energy on sat (when EDF hiked prices). I was feeling quite happy and then I nearly had a heart attack when I heard of BG hike. I can cancel but the tariff I switched to hasn't gone up yet (it will though). So I'm taking the risk of switching and then I'll have to switch again.

I did ring EDF and asked if they would reward my loyalty but they tried to sell me a fixed rate tariff. Hardly a reward!

MrHelpful

I'll stick to version 1... if no one is able to help. Ces't la vie.