SSE raises energy prices 8.2% just before winter....again.

Loughton_Monkey

grizzly1911 wrote: »

I wonder how much it costs the companies and in in turn us each time we switch?

If you include the cost of marketing, cashback, introducer fee, administration to open an account, close account - £100?

A nice add on to our bills if everyone was doing that every 18 months. Very efficient.

I've always wondered that too. I see switching as simply an administrative task for all involved. We could all move about every five minutes and National Grid simply wouldn't notice. They just shovel enough volts into the system and that's that!

So it is left simply to co-ordinate the new billing arrangements, and account for the volume of fuel used (to pay National Grid etc. the right proportion) and, as you say, pay off the intermediaries.

It would all be far easier if all our houses had a switch on our gas and electric meters which we would switch on a daily basis so that we are truly shopping around for the cheapest. Same idea as buying your tomatoes from Sainsbury this week, and Tesco next week because they have a special offer.

chucky

Graham_Devon wrote: »

And they can't really blame the wholesale price this time...

Actually you can probably blame wholesale prices.

Understanding how they make profits would be a start.

grizzly1911

Loughton_Monkey wrote: »

It would all be far easier if all our houses had a switch on our gas and electric meters which we would switch on a daily basis so that we are truly shopping around for the cheapest. Same idea as buying your tomatoes from Sainsbury this week, and Tesco next week because they have a special offer.

I have made the same point elsewhere in the last couple of days. Might make them more competitive.

It would be interesting to see the deals as they offload capacity brought that they can't now use. A bit like queueing for the discounted fresh cakes, near closing time, in Waitrose.