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No brainer switch?

cookiedough38
Posts: 830 Forumite
in Energy
I have been in my house for 2.5 years now, my direct debit for electric is £74 per month, I've recently just claimed an over payment back off £111.
I am with SE so realised there will be a price increase of 9% in october so have looked at switching to Scottish power who have quoted me £52 per month.
Is it that simple to switch and fix?
I am with SE so realised there will be a price increase of 9% in october so have looked at switching to Scottish power who have quoted me £52 per month.
Is it that simple to switch and fix?
Debt free wannabe
Littlewoods - £214.82 (DD set up so 0%)
Very - £100 (0% on BNPL - 1/4/13)
CC - £2600/£3533.53 (0% until 1/6/14)
Littlewoods - £214.82 (DD set up so 0%)
Very - £100 (0% on BNPL - 1/4/13)
CC - £2600/£3533.53 (0% until 1/6/14)
0
Comments
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cookiedough38 wrote: »I have been in my house for 2.5 years now, my direct debit for electric is £74 per month, I've recently just claimed an over payment back off £111.
I am with SE so realised there will be a price increase of 9% in october so have looked at switching to Scottish power who have quoted me £52 per month.
Is it that simple to switch and fix?
It's the tariff that is fixed, not your monthly payment.
Use a comparison site to see who can offer you the best deal.
Your monthly payment will be 1/12 of your annual usage.
It really is that simple.
Check for cashback offerings from the cashback sites, and if not available, use a cashback switching site via the special MSE links0 -
Worth considering a price cap as well if you believe prices will rise its a no brainer .
jje0 -
So I've switched online to Scottish power, do I just give SE a call to say I'm leaving?
Can you tell I just carried on with the same supplier for ease when I moved in!Debt free wannabe
Littlewoods - £214.82 (DD set up so 0%)
Very - £100 (0% on BNPL - 1/4/13)
CC - £2600/£3533.53 (0% until 1/6/14)0 -
cookiedough38 wrote: »So I've switched online to Scottish power, do I just give SE a call to say I'm leaving?...0
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If you think that your DD will really reduce to £54 for very long without cutting your usage, then you're in for a rude awakening. Quoting you a lower DD is standard practice in order to gain your business. In a few months you'll get a big catch-up bill and your DD will soar.No free lunch, and no free laptop0
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I'm more concerned about it rising above what I am paying now to be honest than reducing itDebt free wannabe
Littlewoods - £214.82 (DD set up so 0%)
Very - £100 (0% on BNPL - 1/4/13)
CC - £2600/£3533.53 (0% until 1/6/14)0
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