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Would you change for the sake of saving £12?

james2012_2
james2012_2 Posts: 145 Forumite
I am with eon and like some other people my deal will soon be coming to an end.

The cheapest supplier according to comparison sites is BG but they will only be £12 cheaper than eon.

BG Web saver 11 £1073

Eon Saveonline V5 £1085, compared to the £950 I am paying now.

I will also get nectar points if I switch, but honestly, is it worth the hassle?

I don't think so.

And where are these cashback sites that will give me £100 for switching?

They don't want to give me anything. At least not for switching to BG.
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Comments

  • I'd probably switch and use one of the price comparison sites which pays £30 to use them, that way the effective saving is £42 plus the nectar points.
  • Swipe
    Swipe Posts: 5,390 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I wouldn't bother
  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 25 March 2011 at 6:27PM
    So it's about 15 minutes work for £42.
    Where else can you earn £168 per hour?
    SP are still paying £80 for a dual fuel switch.
    No free lunch, and no free laptop ;)
  • james2012_2
    james2012_2 Posts: 145 Forumite
    SP are still paying £80 for a dual fuel switch

    So you would pay a higher tariff to get cashback?

    Scottish power £1129.

    £56 more than BG so actual saving of £24 and a more expensive tariff.
  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    james2012 wrote: »
    So you would pay a higher tariff to get cashback?

    Scottish power £1129.

    £56 more than BG so actual saving of £24 and a more expensive tariff.

    Yes, of course, if the cashback benefit is greater than the extra for the tariff over the minimum term.
    The same with switching-if the saving outweighs the ETC, then switch while still in contract.
    I wasn't specifically suggesting going with SP, but they're one of the few big players currently giving a decent cashback.
    No free lunch, and no free laptop ;)
  • st999
    st999 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I wouldn't bother either, you can become too obsessed with saving money.

    I did. Now I spend it and enjoy myself.

    What's £12? not even a round of drinks.
  • st999
    st999 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    SP are still paying £80 for a dual fuel switch.

    Is that not factored into the quote that you get from the comparison sites?
  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well if you don't think £42 for 15 mins work is worthwhile, why are you on a money-saving site?
    I was using the hourly rate of £168 to make a comparison with other activities that would bring that rate of return. There aren't many (not legal ones, anyway).
    No free lunch, and no free laptop ;)
  • t0rt0ise
    t0rt0ise Posts: 4,351 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    £168 an hour sounds very legal to me.. in fact almost like a lawyer's fees!
  • james2012_2
    james2012_2 Posts: 145 Forumite
    Is that not factored into the quote that you get from the comparison sites?

    I would like the answer to that as well.
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