Changing Utility Suppliers frequently to get cashback

rtidrtid

Hi all

I had both Gas and Elec with NPower for about a year and got some decent cashback from them.

once that contract was up, i switched to British Gas, againt i got a good deal. However, the BG deal has now expired (two month contract), is it okay for me to switch again to another supplier for more cashback?

Essentially, is there anything wrong is changing suppliers (when out of contract) very frequently to take advantage of various deals?

thanks all.

t0rt0ise

There's nothing at all wrong with it but I don't know see the deals myself. I was looking just yesterday and the best cashback I could find was £80 with Scottish Power but the contract lasts until March 2013. How you found a deal with a two month contract I have no idea, unless you're just going from standard tariff to standard tariff in which case the cashback is probably eaten up by the higher prices.

macman

Assuming your contract has no ETC, then you can switch as often as you like. But, since the days of £100 cashbacks are long gone, and most of the cheapest tariffs have ETC's, it's unlikely to save you money.
What matters is the one year cost with or without cashback, not the cashback itself.

MillicentBystander

I did it for years but it's just not economically viable any more. And I have a feeling the energy companies may be 'encouraged' by the regulator not to offer cash back incentives any more, anyway.