Help! Need to change and feeling very confused...

GingerNB

Hi all,

I am usually very good at looking into things and keeping on top of everything, but unfortunately at the moment I am juggling work, two kids and Christmas and its all gone pear shaped. So if you lovely people could point me in the right direction I would be soooo grateful!!

Ok so I am currently with British Gas on Fixed Price 2011 for both gas and electric. I believe it will cost me £100 to get out of this. I have done a comparison and its looking like EDF will be a good bet for me (saving almost £300 a year) plus I can get the £100 cash back if I act now. But then that is a fixed set up till December 2011 (is that good of bad??).

Should I do it? How easy is it? Do I have to advise BG or will EDF do it for me. Goodness me I sound like such a wuss! Come on MSE Peeps give me a good kick up the bum and tell me to sort it out!!! Just need some confidence I guess. Am I doing the right thing, I just dont like doing stuff unless I am 100% sure I have researched everything but I just dont have the time now.... ahhhhhhhh

Thanks all :beer:
Nats

HappyMJ

You must be spending A LOT to save that much. What is the unit rate with BG and what is the proposed unit rate with EDF? Spending money to get out of what I thought was a reasonable tariff may not be a good idea. If you switch do it through Quidco.

GingerNB

Oooo OK, what would be a good price per unit to be paying? Mine are:

Gas - First 624 @ 7.203p, Next @ 3.632p
Electric - First 116 @ 23.702p, next @ 10.864p

Thanks for replying, I use Top Cashback which seems to have the same deals as Quidco but will take a look.

macman

Are you doing your comp using your annual consumption figs, not your monthly DD figs? The latter will not give accurate results.
Which EDF tariff are you referring to (the popular Online Saver 7 is a variable tariff, not a fixed tariff)?

BargainMad_3

Yes as the above poster says, just be aware EDF Online Energy Saver 7 is not FIXED and whilst you are locked in until 31 December 2011, EDF have only promised not to raise prices before March 2011.

Therefore the period April 2011 - December 2011 will no doubt have price increases for both Gas and Electric.


I did the switch online and had my meter point reference numbers to hand but was impressed that these were PRE-FILLED on my EDF application form once I had confirmed my address.

However DOUBLE CHECK these are correct as multi-occupancy houses might have more than one set of meters.

I have got switching dates for Gas and Electric which are a week apart but that seems normal.