Seriously lost!!! need to switch

king100

I am currently with EDF Energy on Dual Fuel Fixed Price 2009.

Current charges are

Electricity

Band A 14.20p
Band B 10.39p

Gas

Band A 3.984p
Band B 2.505p


I have just been told that it runs out at end of this year so looking around for a cheaper supplier.

I can see the usual tariffs but have never seen tafiffs that says fixed daily charge.

Am I corect in saying that you get that charged everyday no matter what then also get charged ontop of that what you use.

How would you work out if these are any good?

Any suggestions out there on who is good atm?

glider3560

Use a comparison website as different companies are cheaper for different areas and consumptions.

factoryworker

king100 wrote: »

I can see the usual tariffs but have never seen tafiffs that says fixed daily charge.

Am I corect in saying that you get that charged everyday no matter what then also get charged ontop of that what you use.

How would you work out if these are any good?

Any suggestions out there on who is good atm?

yes a daily charge even if you use no energy that day; you need to consider though that most tarifs with a daily charge have slightly lower unit prices; the truth is there is very little in it; just do a comparison, use a couple, check for exit penalties and consider whether you are likely to use more/less in next 12 months and whether you think prices are going up; if you value a capped/fixed unit price product i personally think over 12 mths a premium for this would be upto 10% of companys standard rates; to work out whats best daily charge/no daily charge you need to get accurate annual cons fihures and get your calculator out; boring but the best way- truth is it won't be worth the effort the difference on a £1000 a year fuel bill will be less than £5

rosekitten

For us Gritish Gas has worked out the
cheapest,we just pay for what we use
no other charges,quite pleased because our
bills have gone down as we are no longer
on a fixed rate.they seem quite flexible
because they have said if you think your bills
are getting too high ring in and they will try and
find us a cheaper rate.

Premier_2

rosekitten wrote: »

... they have said if you think your bills
are getting too high ring in and they will try and
find us a cheaper rate.

Why are they not offering you the cheapest deal they can now?

Premier_2

factoryworker wrote: »

yes a daily charge even if you use no energy that day; you need to consider though that most tarifs with a daily charge have slightly lower unit prices; ...

Most tariffs with a no standing charge offer a 2 tier pricing structure.

Tier 1 units are higher because it spreads out the otherwise standing charge over a set number of units; the tier 2 price which kicks in thereafter is exactly the same as the equivilent unit charge on a standing charge tariff.
Therefore if you use less than the tier 1 level, you will win on a NSC tariff.
If you always use the tier 1 number of units (which for most electricity users is the case, but gas users in the summer may not) then you pay exactly the same whether on a SC or NSC tariff.

As you say, best to compare the whole market using the comparison sites