Switching with Atlantic

resident

Hi everyone, just looking for a bit of advice about switching tarrifs.

Currently I pay a duel fuel Gas and Electricity bill every month £39.00 gas and £20.00 electricity,one month a year I don't get billed as a thank you from Atlantic.

Today I spoke to someone on the phone at Atlantic about switching to a capped tariff, the three options I have are

1. A discount cap which means that I would always pay 2% less on any price rises. Fifty pound exit fee.

2. A fixed cap for 3 years, but the price rises in October will be included in this cap and there is also a fifty pound exit fee.

3. I stay on my current tariff which the person on the phone said is quite a good deal and not one they offer to customers any more.

Which option do moneysaving forum users think is the better one?

Should probably mention that when I switch they will credit my account with 50.00 pound which does cover the exit fee I guess oh and they will throw in a free thingybob which you link up to your computer that will tell you how much usage you have and how to cut down.

Thanks in advance for any words of wisdom.

YoYoY

resident wrote: »

Hi everyone, just looking for a bit of advice about switching tarrifs.

Currently I pay a duel fuel Gas and Electricity bill every month £39.00 gas and £20.00 electricity,one month a year I don't get billed as a thank you from Atlantic.

Today I spoke to someone on the phone at Atlantic about switching to a capped tariff, the three options I have are

1. A discount cap which means that I would always pay 2% less on any price rises. Fifty pound exit fee.

2. A fixed cap for 3 years, but the price rises in October will be included in this cap and there is also a fifty pound exit fee.

3. I stay on my current tariff which the person on the phone said is quite a good deal and not one they offer to customers any more.

Which option do moneysaving forum users think is the better one?

Should probably mention that when I switch they will credit my account with 50.00 pound which does cover the exit fee I guess oh and they will throw in a free thingybob which you link up to your computer that will tell you how much usage you have and how to cut down.

Thanks in advance for any words of wisdom.

Use a comparison site to compare the whole of market prices available to you.

Choose the cheapest unless you have a reason not to.

If it's with Atlantic, call them direct.
If it's with another supplier, check the cashback sites or at least grab some cashback from a switching site to offset a loss of 1 month rebate that Atlantic would otherwise provide.

NittyGritty

remember atlantic is part of the SSE group, which are going to raise prices in october,

i,m currently with atlantic, but have just switched to scotish power as they are over £200 cheaper over the year compared to atlantic even with the 13th month rebate,

my advice to you is to check on comparison sites to check the cheapest deal for you.

dont think because you get a 13th month rebate its a great deal, you can get an even better deal if you shop around, let us know how you get on with comparing.

resident

Thanks YoYoY and NittyGritty for you replies, I have only lived in my current property for nine months and my bills have all been estimated, on the comparison sites they ask you to put in your yearly usage would it be okay to just enter what the usage is for the nine months or would this give an inaccurate comparisons?

Wywth

resident wrote: »

Thanks YoYoY and NittyGritty for you replies, I have only lived in my current property for nine months and my bills have all been estimated, on the comparison sites they ask you to put in your yearly usage would it be okay to just enter what the usage is for the nine months or would this give an inaccurate comparisons?

What do you think will happen if the website is calling for your annual consumption figures and you input only 9 months consumption figures?

I would suggest you take an meter reading today, contact Atlantic with that meter reading so they can bill you accurately and ask them what they think your annual consumption figure will be.

I'm surprised Atlantic didn't ask you to provide a meter reading when you called them last week as you say they have not had such a meter reading since you moved in.

jalexa

resident wrote: »

I have only lived in my current property for nine months and my bills have all been estimated, on the comparison sites they ask you to put in your yearly usage would it be okay to just enter what the usage is for the nine months or would this give an inaccurate comparisons?

Two points. Atlantic bills have a very clear "thumbs down" symbol for estimated readings plus advice on providing actual readings. It is not in your interest to ignore such advice. Any reason why you have done so?

Secondly, comparing is not such a big deal. Except for very low consumption a comparison website will, funnily enough, provide a "comparison". Enter (typical) annual consumption of 16,500 for gas and 3,300 for electricity. The tariffs will be listed in approximately correct price order and the "% saving" figures will be approximately correct. Do not rely on "cost savings" until you have accurate annual consumption figures.