📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Go Direct 3 or Websaver 6

Options
I've been thinking of changing electricity plan or supplier. My current supplier, Southern Electric, suggests I could save money by moving to Go Direct 3. But if I changed to this I am stuck in a year contract and the unit prices may change over the year and so may not end up cheaper in a few months. I'm a little confused though as the unit prices they gave me are different to the ones that show on comparison sites.

I looked at British Gas Websaver 6 where the unit price is fixed until 2011 and I am only tied into a contract until Aug 2010.

Go Direct 3, on current unit prices, is slightly cheaper (by about £20 a year) than Websaver 6, but I suspect that Go Direct 3 prices will increase as there not fixed.

So now I am in a dilemma as to which to switch to. I either change to Go Direct with my current supplier, and I assume change will be immediate. Or I go to British Gas and the switch over will take 6-8 weeks. With British Gas I know the prices will be fixed and I can always switch again in Aug, but with Southern elec the price may increase and I will not be able to switch until March 2011 without having to pay £50 exit fee.

I know no one can make this decision for me, but I'm wondering if people can share there experience of Go Direct 3 or Websaver 6.

Many thanks.

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.