We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

help needed, should i swap energy suppliers

Hi there, We have been in our first home for just over a year, so all this energy switching etc is new and not sure if i should switch and to which one would be best. We are currently on e-on with no termination fee. Our gas usage is 5033 kwh a year and our elec is 3162 kwh a year.

Our current plan is as follows:

Standing charge for gas and elec is 0.38325p per day and our unit rates are gas- 4.3575 and elec - 14.5215.

So not sure which one i should switch too? Which is the best one?

1. EDF- Fixed 1 year, standing charge = 0.4515p per day and unit rates are gas 3.721 and elec 13.20 with no termination fee

2. British Gas - Fixed 1 year, standing charge = 0.52017 and unit rates are gas 4.095 and elec 10.815 but with a £60 termination fee

3. Southern Electric - Fixed 1 year, standing charge = 0.29589 and unit rates are gas 4.389 and elec 13.262 with a £50 termination fee

4. N Power- Fixed for two years, standing charge 13.230 and unit rates are gas 4.344 and elec 15.855 with £0 termination fee.

Your help would be really good

Thanks in advance

Paul

Comments

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Put your annual kWh figures and postcode into any comp site and you will have the answer in one minute. No need to compute unit charges.
    Are you sure about your gas usage? For a property with gas CH and DHW, your usage is about a third of the average.
    For the two year fix you will obviously pay a premium, only you can decide if the premium is worth it.
    No free lunch, and no free laptop ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.8K Banking & Borrowing
  • 253.8K Reduce Debt & Boost Income
  • 454.6K Spending & Discounts
  • 245.9K Work, Benefits & Business
  • 601.9K Mortgages, Homes & Bills
  • 177.7K Life & Family
  • 259.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.