Need help for selecting EDF plan please....

idlesaver

Hi Friends,

I am planning to switch my duel fuel to EDF as there id £80 cashback for that.

I went to energy helpline and filled in all the information and requested the results for "no standing charge" tariffs.

And the search results came up with all the plans with "cancellation fees apply" feature. Now does that mean "standing charges apply"...???

Last time when I switched to EDF and back to different company, EDF charged me £25 for each fuel....:mad: :eek:

This time I am being more cautious on selecting the plan.

So can any one guide me, what exactly the name of the plan which has "no standing charges" feature....( and even no cancellation fees..;))

Thanks in advance for all the help

KimYeovil

Here is a list:

http://www2.savetodaysavetomorrow.com/DualFuel.html

Click on "Find out more" then click on "Price list" to find the details of each tariff. (You can fancy-click to "open link in new window" to see details of more than one tariff.)

Essentially the top two or three cheaper tariffs come only in daily standing charge flavoured tariffs. The Energy Discount and Standard tariffs come with a daily standing charge.

But are you sure your useage will be low enough for it be significant?

And you should also check a comparison site to see other suppliers as well - why are you limiting yourself to EDF?

Premier_2

idlesaver wrote: »

...I am planning to switch my duel fuel to EDF as there id £80 cashback for that....

And the search results came up with all the plans with "cancellation fees apply" feature. Now does that mean "standing charges apply"...???...

Cancellation charges are charges that apply should you wish to transfer the supply away from the chosen supplier/tariff (usually limited to a cut-off date, perhaps 12-18 months ahead, or whilst a fixed/capped rate applies)

That's probably what you want to avoid if you are only switchinng for the cashback (and so presumably will want to switch again soon for more cashback)

Standing charges are different; they apply usually daily in addition to unit costs and covers things like the ongoing costs of the supply network (pipes, wires, etc).
Some suppliers will incorporate this into an increased price for initial units consumed (2 tier pricing). Unless you are a low user, i.e. use less than the tier 1 limit, it probably makes no difference whether you opt for standing charge or no standing charge (though I'd go for no standing charge option if it's available)

idlesaver

Premier wrote: »

Cancellation charges are charges that apply should you wish to transfer the supply away from the chosen supplier/tariff (usually limited to a cut-off date, perhaps 12-18 months ahead, or whilst a fixed/capped rate applies)

That's probably what you want to avoid if you are only switchinng for the cashback (and so presumably will want to switch again soon for more cashback)

Standing charges are different; they apply usually daily in addition to unit costs and covers things like the ongoing costs of the supply network (pipes, wires, etc).
Some suppliers will incorporate this into an increased price for initial units consumed (2 tier pricing). Unless you are a low user, i.e. use less than the tier 1 limit, it probably makes no difference whether you opt for standing charge or no standing charge (though I'd go for no standing charge option if it's available)

Thats true Premier, I would like to avoid those cancellation charges, in case I would like to switch in the near future for a better cashback offer....;)

I had a look and found "standard" tarrif is the what I am looking for,which particularly mentions as "no cancellation fees"....

http://www2.savetodaysavetomorrow.com/DualFuel.html?utm_source=efyh02&utm_medium=yellbox&__utma=1.1364153884.1274905523.1274905523.1274905523.1&__utmb=1.8.10.1274905523&__utmc=1&__utmx=-&__utmz=1.1274905523.1.1.utmcsr=(direct)|utmccn=(direct)|utmcmd=(none)&__utmv=-&__utmk=88127643


Thanks for the help,:A