Currently with Eon but need to reduce cost

solorize

Hi,

I need to try and reduce my outgoings as we are having a baby within the next few weeks *gulp*.

We are currently with Eon on their FIXED PRICE 5 tariff. (no cancellation fees) which ends 1st July 2013.

After comparing companies to switch to, I now need to decided between the following two companies.

Scottish Power: Online Fixed Price Energy November 2013
(saving me: £110.57 pa)

or

EDF: Blue +Price Promise April 2014
(saving me: £66.58 pa)

Now my dilemma is, which one to go with.

I have heard and read that EDF are a nightmare to get hold of, but they are offering a longer fixed period

Can anyone pass comment on their experiences with either of the above
two companies, (good and bad) as well as which one I should go for.

i.e would it be better to go for the EDF as it is fixed for longer and I will not be hit with any price rises, or go with Scottish Power for a shorter period of time but will have to get another deal sooner (after the tariff finishes in Nov 2013), which may mean that I end up paying more sooner.

Obviously there are good and bad points to go with one or the other, but I have now been pondering it for so long I now cant decide LOL.

jalexa

solorize wrote: »

i.e would it be better to go for the EDF as it is fixed for longer and I will not be hit with any price rises, or go with Scottish Power for a shorter period of time but will have to get another deal sooner (after the tarrif finishes in Nov 2013),

IMO it is foolhardy* to select a tariff which matures immediately before a winter heating season when you have the option of a fix which doesn't.

* later edit - see today's news of SSE price hike

notbritishgas

solorize wrote: »

We are currently with Eon on their FIXED PRICE 5 tariff. (no cancellation fees) which ends 1st July 2012.

.

Did they move you to EoN's standard tariff when the fixed one ended in July and are the savings based on a comparison to that tariff.
If you move to EDF you get the guarantee of 2 winters at the fixed rate.
I switched to EDF last August (where has that year gone) and whilst a lot of people reported problems on here I was lucky and did not suffer unduly. I think EDF have made efforts to improve matters.

molerat

I think op means July 2013

solorize

molerat wrote: »

I think op means July 2013

oops yeah sorry that should have read 1st July 2013, I didn't get chance to read over my post before posting it as was called into a meeting. I will edit original post to correct date.

jalexa,
That is a very good point you have made, re. not having product mature just before winter. So it looks more likely that i will go with EDF. If I have a problem with them I can always move to another supplier as there is no cancellation charge.

I would still be interested to hear from a few more people on their experiences with dealing with EDF.

solorize

After reading a few additional post about EDF. People mention that they do not give meter readings, as EDF will keep changing their direct debit amount.

Is this true? and if I went with them should I just not give them any meter readings?

This seems a bit strange as surely if you are over paying each month and are in credit, wouldn't you want to have the direct debit adjusted to a smaller amount ?
Similarly if you were using more surely you would want the amount adjusted up so you didn't get a whacking bill at the end as you have been underpaying. Or am i just missing the point the other people are making in these posts?