switching and comparisons

bordercars

we have not switched at this address, so am seeing big savings. on the comparison sites when they put the annual price has that taken into account the standing charge. what with x before y kwh and so on i am struggling to get my head round

Supplier Plan Annual price Saving
E.ON Save Online Dual Fuel V3
£856.50 £196.50

ScottishPower Online Energy Saver 11 Dual Fuel
£885.18 £167.82

EDF Energy Online S@ver 7 Dual Fuel
£917.13 £135.87

when i factor in quidco £80 + £100 credit edf =£737 which has a SC of 30p pd but scottish power has quidco £100 + 50 credit =£735 and no SC

t0rt0ise

Forget about the standing charge. Whether there is a SC or they put the charge on the first so many units, it works out the same so it shouldn't be a consideration. Either of them could put the prices up later so it's luck of the draw which you go with but also look at the date that they will release you from the contract. I'd take the one with the earliest release date if it were me and consider moving again then.

Premier_2

Unless you want to become a cashback tart (which as you've not switched previously I doubt) then forget about cashback when switchinng. It isn't guaranteed until it's in your bank account and shouldn't be used to make a decision on the best product for you. If you can get some cashback on top of the best deal, think of it as a cherry on the top ... but go for the best deal based on the tariff.
(The EDF credit is slightly different in that it appears to come direct from EDF. However remember it too is only a one off credit - the best tariff will provide you year on year savings)

It doesn't matter how the annual charge is made up (with or withoput standing charges, discounts, etc) the cheapest annual cost is the cheapest annual cost.

In the unlikely event you do want to become a cashback tart, then the price of the deal is mostly irrelevent as you'll be planning on switching again as soon as possible - the size of the cashback should be the deciding factor.

bordercars

Thansks Premier, never switched before as i just dont seem to get round to it. I will in future be setting dates and switching as being a regular customer seems to mean nothing these days