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Refund month 12 deals

michaels
michaels Posts: 28,832 Forumite
Part of the Furniture 10,000 Posts Photogenic Name Dropper
I note that if I switch I can save about 9% - by moving onto a deal where the supplier refunds one months tariff at the end of each 12 month period. However this obviously locks you into 12 months with the supplier - what is the communities views on whether these deals make sense?
I think....

Comments

  • STOP PRESS for all those with Tesco club card!Check out the tesco website in elec&gas comparison section, if you apply b4 31st Oct with powergen you get 2000 points (dual) or 1000 either gas or elec! Wow!Its made my day, hope this is helps others in the quest for a good deal :j !
  • Xbigman
    Xbigman Posts: 3,906 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    michaels wrote:
    I note that if I switch I can save about 9% - by moving onto a deal where the supplier refunds one months tariff at the end of each 12 month period. However this obviously locks you into 12 months with the supplier - what is the communities views on whether these deals make sense?

    12 months is a long time in politics and a lifetime in energy supply.

    Questions.
    Is it a main stream supplier with an established record?
    Has the supplier raised its prices in the latest round of increasess?
    Which month do they refund, a summer month?

    Answer those questions and it could be a good deal.
    Regards




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