cheapest tariff

glamrochick

hi

i cant sign up to the energy club since im in student accommodation and dont know the suppliers etc. i will be moving to an independent flat on my own and i wondered which company would be the cheapest to go with for gas and electric

will be on a tight budget

Coopdivi

If you won't be using much then it'll probably be Ebico.

https://www.ebico.org.uk/

However, just to cover yourself, you would be wise to use a comparison site like this one to compare tariffs. I don't know what you'd be able to put for usage though because it's all guesswork at this stage. Perhaps ask your parents for advice.

http://www.energyhelpline.com/

MillicentBystander

It might also be an idea to avoid signing up to a tariff that has exit fees as in circumstances like yours the consumption is entirely down to guesswork so if you should find your usage is a lot different from your projections you will be free to transfer to the best tariff for your consumption, penalty free.

PS Your usage would have to be very low for Ebico to be the best for you. Even at OFGEM'S official low consumption figures (11,000 gas and 2,100 electric) in my region (Yorkshire) they come quite a long way down the comparison site. Having said, the vast majority of the 'cheapest' tariffs shown there have those pesky exit fees whereas Ebico don't. Plus as a single person household you should be looking to consume way less than those figures imo. It's a bit of a minefield, I'm afraid.

http://www.ukpower.co.uk/home_energy/compare/dual/JWQ72F7Q

glamrochick

i'm in yorkshire too.. theres ones like n power, british gas. etc not sure who to go for? can i get a contract for less than a year?

Wywth

glamrochick wrote: »

hi

i cant sign up to the energy club since im in student accommodation and dont know the suppliers etc. i will be moving to an independent flat on my own and i wondered which company would be the cheapest to go with for gas and electric

will be on a tight budget

http://www.moneysavingexpert.com/utilities/you-switch-gas-electricity

Don't forget to first sgin up with the existing suppliers to the property on the first day of your TA. Then you can start a switch which will typically take 4-6 weeks

matelodave

Whatever you do - read the meter the day you move in and make sure that's the reading that you give to your supplier.

Then read it regularly and put the readings into a spreadsheet - you'll then be able to monitor your usage and economise if necessary. You will also be able to work out how much it will be costing you and you shouldn't get any nasty surprises and if you give a monthy reading to your energy supplier they should make sure that your DD covers your usage

glamrochick

Never read one before.. is it easy to read? i dont understand kilo wats or whatever percentage it will be in .. not sure which supplier to go with.. are they all pretty much the same?

glamrochick

this looks good http://my.edfenergy.com/gas-electricity/blue-plus-price-promise?_$ja=tsid:40641|kw:AWin|cgn:157118&awc=1887_1372502900_10a284244752a1be711ef5937300c1bb

victor2

Fixed rate tariffs (as in the EDF Blue+Plus Price Promise) invariably start out at a higher unit rate than variable tariffs. But assuming you stay until the contract end date, you are likely to then be on a cheaper rate than any variable one.
One very nice feature of that EDF one is that there is no penalty for leaving early, so if you are prepared to pay a bit more per unit initially, then you may benefit in the longer run. As student accommodation though, I would guess you are not planning on being there until the end of the tariff.
However, you will know that you will be paying a fixed rate for the duration of your tenancy and can cancel the agreement at any time and no cost to yourself. Variable rate tariffs often don't have a contracted period, but equally you can't guarantee the rate you'll be charged.

So, no set solution, but you are looking in the right direction and as already said, make sure you get (and agree upon) meter readings at the start of your tenancy!

Wywth

glamrochick wrote: »

Never read one before.. is it easy to read? i dont understand kilo wats or whatever percentage it will be in .. not sure which supplier to go with.. are they all pretty much the same?

http://www.edfenergy.com/products-services/for-your-home/my-account/how-to-read-your-electricity-meter.shtml

http://www.moneysavingexpert.com/utilities/you-switch-gas-electricity

glamrochick

Thanks.. never read a meter before.. hope i will be able to do it.. is direct debit with edf energy a good option?