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MSE News: Co-operative Energy to supply the Which? 'Big Switch'
Comments
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Well that was pointless. Co-op is going to cost me £96 more than my current tariff and the cheapest in category is Ebico at £30 more than I am currently paying.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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Clearly, you are not on a standard tariff. Co-operative switches are never likely to be of any use to you. But I'm sure you knew that already.Well that was pointless. Co-op is going to cost me £96 more than my current tariff and the cheapest in category is Ebico at £30 more than I am currently paying.
Warning: In the kingdom of the blind, the one-eyed man is king.
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I just put down Npower's standard plan as my existing tariff. Nothing special.Consumerist wrote: »Clearly, you are not on a standard tariff. Co-operative switches are never likely to be of any use to you. But I'm sure you knew that already.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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The point is you do use comparison sites to inform your selection of energy supplier; the vast majority don't and it's this majority who are going to find co-operative switching beneficial.I just put down Npower's standard plan as my existing tariff. Nothing special.
I don't see co-operative switching as being in competition with comparison sites but rather a supplement to them. The average energy customer hasn't a clue what a kWh unit is or how it's used to calculate energy bills, so how are they supposed to use comparison sites effectively?
Warning: In the kingdom of the blind, the one-eyed man is king.
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