Anyone using Atlantic?

peachyprice

liver-bird wrote: »

The letter also says we'll still get a rebate but I don't get it totally. It says 6 weeks after the rise rise (15/11) but presumably if I switch before then I won't get it. I was hanging on until my next rebate (Dec) then going to switch but this has thrown a spanner in! Not sure what to do now!

You'll still get the rebate this year for the months so far that you've paid since your last rebate, up to 15th November. So my rebate is due 2nd December, I will still get the 11 months rebate for the 11 payments I have made since the last rebate. This will be paid within 6 weeks of 15/11.

As you are also due your rebate in December, you will still get 11 months. If you were due a rebate in say next March you would only get 8 months worth paid to you within 6 weeks of 15/11.

At least we only miss out on 1 month.

There was nothing on my letter a bout a fixed rate tariff, mine is going to Domestic Standard Online with the £40 annual discount per fuel for paying by DD and £6 annual discount per fuel for paperless.

Looking at the figures at the bottom of my letter my projected bills are not going to change that much once the discounts are applied.

tillycat123

My projected figures are not going to change that much either but would really like to understand fully the 1 and 2 year fixes.

Why is it not on the website?? I thought these companies were not allowed to be all smoke and mirrors anymore.

How much are the fixed tariffs?

Can someone who has been sent the link to the fixed tariffs post the link as I can't find it online.

Piecan

The price of the one year fixed is the energy rate you're paying now on your bill. I'm not allowed to post links but go to the website and look for prices on the left hand side and enter postcode to compare the rates of one and two year rates. Each allows the £40 discount off standing charge for direct debit and an additional £6 for paperless billing.

I've been on various websites to compare today, beware they don't take into consideration the discount on the standing charge or that some of us will be getting a pro rata rebate, mine will be 11 months.
I double checked and if I change to a fixed tariff before 15/11 with SSE I won't get the rebate. I was told the two year fixed is ongoing, but the one year one will end on 15/11.

liver-bird

No they don't, I have found that too!

I was told that I WOULD still get the rebate of I swicted to the fixed deal. That is the trouble - I was told one thing on the phone and another on the live chat online and still don't know for sure!

Think I need to read what I have tonight again and see if I can reach a decison.

One thing has just struck me, my rebate would be £33 and £46 under the old system so the £46pf is actually slightly better for e. But I guess if you pay say £60pcm per fuel, you would lose out. Hadn't thought that before and was struggling to see how the new tariff was any different in that respect!

Piecan

I worked out that switching to the fixed one year current fuel rate (the standing charge will still go down for dd and paperless) that the money I save will probably equate to the rebate, so I'm not doing anything yet.

If anyone is interested my annual gas usage was 9616kwh £507.29 and electricity 2625kwh £427.14 and I live in a two bed terrace, energy efficiency C and only have the water heating up a condensing regular boiler for 20 mins morning and evening (as that's all it takes to heat it up) and the heating comes on a few hours morning and evening too in cold weather.

katejo

Piecan wrote: »

I worked out that switching to the fixed one year current fuel rate (the standing charge will still go down for dd and paperless) that the money I save will probably equate to the rebate, so I'm not doing anything yet.

If anyone is interested my annual gas usage was 9616kwh £507.29 and electricity 2625kwh £427.14 and I live in a two bed terrace, energy efficiency C and only have the water heating up a condensing regular boiler for 20 mins morning and evening (as that's all it takes to heat it up) and the heating comes on a few hours morning and evening too in cold weather.

My house is similar to yours except that I have a combi boiler. My latest bills are also similar but the projected bills suggest a large increase to about £1600 for the next year. That would be about 70-75% increase.

Piecan

katejo wrote: »

My house is similar to yours except that I have a combi boiler. My latest bills are also similar but the projected bills suggest a large increase to about £1600 for the next year. That would be about 70-75% increase.

Goodness that is a lot! Is that the figure they give in the letter about the increase? Are your bills always on actual readings? The figures I quoted above were based on the new rates if I used the same amount of energy in the following year. The gas for me is only increasing from 4.05 to 4.43 and electric 12.12 to 13.32 plus 5% vat.

snoman

I have also recently received the letter from Atlantic. Not being happy with the proposed increases, I have just spent a couple of days on the confuser, searching for a better deal. At first, I was confining myself to dual fuel deals, as per my current plan, but I then thought I'd get quotes for separate fuels, just for the hell of it. Lo and behold if this didn't turn up better offers. So the end result is EDF for elec and nPower for gas (both fixed until Apr 2015). This has resulted in a 22% discount compared to Atlantic's November prices. I know I'll be losing the standing charge discounts, but these are not all that significant, being quite a large user. Actually, I much prefer honest pricing, rather than counting on discounts, cashbacks, rewards and the like.

liver-bird

I'm still dithering about what to do! I have tried to estimate the cost over 2 years on Standard, 1yr Fixed and 2 year Fixed and the difference is about £1 or 2! Hence am thinking it's not worth the hassle changing and I have btter things to do with my time! Maybe...

snoman

Unless you can achieve a significant saving, I wouldn't bother switching and, as you say, you could do without the hassle, not to mention what might go wrong with the switching process. When I first switched suppliers, several years ago, I ended up paying both of them and it took numerous phone calls to get the overpayments refunded.