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MSE News: Energy firms set to tell you about even more cheaper deals

Ofgem plans for energy suppliers to tell customers about cheaper tariffs available from their other brands ...
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Energy firms set to tell you about even more cheaper deals

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Comments

  • Nada666
    Nada666 Posts: 5,004 Forumite
    I'm totally confused. I thought, from March this year (2014), they already had to tell of of alternative tariffs that were cheaper on your anniversary statement.

    I was imagining this and there is no such obligation, yet?
  • robin58
    robin58 Posts: 2,802 Forumite
    edited 12 September 2014 at 7:17PM
    Personally I would be happier if Ofgem would stop fiddling about with the rules all the time.

    Every time, as a low user, I always end up get charged even more for the privilege.
    The more I live, the more I learn.
    The more I learn, the more I grow.
    The more I grow, the more I see.
    The more I see, the more I know.
    The more I know, the more I see,
    How little I know.!! ;)
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    But I don't trust anything they tell me.


    I don't even look at the junk mail from Virgin Media.
    It's always the standard mutton dressed up as lamb.
  • Ken68
    Ken68 Posts: 6,825 Forumite
    Part of the Furniture 1,000 Posts Energy Saving Champion Home Insurance Hacker!
    Odd contract the suppliers have with white labels if Sainsbury etc are allowed to undercut.
  • On my energy bill this month from Eon it says:-

    Gas
    You could save £49.71 by switching to:
    · E.ON Energy Fixed 1 Year v8
    · fixed monthly Direct Debit

    Electricity
    You could save £33.20 by switching to:
    · E.ON Energy Fixed 1 Year v8
    · fixed monthly Direct Debit

    Note it says :-

    fixed monthly Direct Debit

    I currently pay by variable Direct Debit so that I only pay for what I use and I am not going to change that. They should not be allowed to say that you can only have that tariff if you pay by fixed Direct debit.

    [FONT=Tahoma,arial,verdana,Helvetica][SIZE=-1][FONT=Tahoma,arial][SIZE=-1]You never know what happiness a simple act of kindness will bring.
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  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    jestyenot wrote: »

    Note it says :-

    fixed monthly Direct Debit

    I currently pay by variable Direct Debit so that I only pay for what I use and I am not going to change that. They should not be allowed to say that you can only have that tariff if you pay by fixed Direct debit.


    It's feminine logic. If you want the free sex, you have to get married, which has its implied costs, naturally. Depending on the rate hookers charge locally, it may or may not be a good deal.
  • Nada666
    Nada666 Posts: 5,004 Forumite
    jestyenot wrote: »
    I currently pay by variable Direct Debit so that I only pay for what I use and I am not going to change that. They should not be allowed to say that you can only have that tariff if you pay by fixed Direct debit.
    Why on earth not? £83 is a modest amount. Why should you, who are paying in arrears, not pay more than someone who agrees to pay in advance?

    You can argue that no-one should pay more - but in that case you will have to take in the prepayment meters and quarterly cash payers. You may want to abolish fixed direct debit but that would simply increase their prices to your prices - you do not benefit from such a restriction.

    It's your choice - if you have the discipline and flexibility to cover a quarterly bill each winter I fail to see why you cannot afford the flexibility to cover a fixed direct debit. If it's not worth £83 to you then fair enough. Seems a simple case of flushing money down the toilet for no fathomable motive.
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