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Considering Switching Supplier

Hi All,

Ok - I'll keep the point:

I saw the article on most recent MSE Tips email re EDF Blue deal. This got me thinking and I did some comparisons, checked our current deal with EON etc - Also recieved a letter recently from EON offering to get me onto one of their new simpler tariffs.

I'm now at the point where I think I should stick as we are for now:

Current Deal: EON Energy April 2014 Fixed
- No daily standing charges
- Electric: 23.2p for first 800kwh then 11.7p p/kwh
- Gas: 8.16p for first 2680kwh then 3.5p p/kwh

Switch Option 1 - EON Energy Fixed 2yr v2
- Electric: 31.7p Daily Standing Charge then 13.18p p/kwh
- Gas: 40.8p Daily Standing Charge then 9.98p p/kwh

Switch Option 2 - EDF Blue June 2014
- Electric: 18.9p Daily Standing Charge then 13.18p p/kwh
- Gas: 26.25p Daily Standing Charge then 4.1p p/kwh

Given that there is no standing charge on our current deal, and we have a £50 release on the current contract, I'm thinking we stay put.

Any ideas much appreciated.

Thanks,
Simon.

Comments

  • socks_uk
    socks_uk Posts: 2,818
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    We've just got our EON gas & electricity bill in and even though we are £108 in credit they want to change our Direct Debit from £99 to £125 a month. I'm going to ring and offer to increase to £105 a month and monitor it.
    So I thought I'd come to MSE and see the low down on what people have found out about the 'simplifying tariffs' news and found your post.

    We're on 'EON Energy Online' tariff with no cancellation fee and it's not 'fixed rate' ...

    Electricity: 23.961p Normal units up to 900 kWhs per year and then 12.054p Normal units

    Gas: 8.573p Normal units up to 2680 kWhs per year and then 3.730p Normal units

    I'm too 'scared' to click on the 'Find our best deal for you' tab as you have to put in a date you want to switch and click on 'Switch your product'. When you look at the Products and Plans page with the '5 Plans' on, I can't see price per KW etc. to be able to compare. Am I missing it?
    https://www.eonenergy.com/for-your-home/products-and-services/best-deal-for-you

    So how can you do a check yourself without the worry that clicking on 'Switch your product' means that you won't be changed to a higher tariff than you're already on?
    DEBT FREE BY 60
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  • macman
    macman Posts: 53,129
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    OP-so what do the comp sites say? No need to juggle with standing charges and unit costs. 2 minutes work.
    We can't tell you which is best as we don't know your annual kWh consumption.
    All you then need to do is factor in the £50 ETC into the final figures.
    No free lunch, and no free laptop ;)
  • Macman - Moneysupermarket is telling me I'll save £28 pa by switching to NPower. This is fixed until March 2014. Deal with EON runs until April 2014.

    Given the £50 get out fee, and that the comparison is an estimate (As it has to be - Who knows what we'll use in the next 12 months!), I'll think I'll take my chances with the £6 and stick with EON.

    Worth mentioning when I phoned EON to get details of my current tariff (Twice as I forgot to ask a question the first time round) BOTH the people I spoke to made me feel like I was a real inconvenience to them.

    socks_uk - The 'Switch your product' button is a bit misleading - It actually takes you to a page which builds a quote, with estimated bills per year for the various products. I'm pretty sure it wont switch you, although do phone them to be sure. I'd also consider other providers - Dont just go with the new EON deals. As Macman mentioned, use the comparison sites.

    Sounds like your on a reasonable deal already perhaps? It can vary by area.

    There are people on this forum who know a whole lot more about this than me.
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