cheap energy club

chanz4

these are so not the cheapest, and anyone notice they all are nto true energy providers.



YOUR CHEAPEST FIX/CAP
Tariff Extra Energy Fresh Fixed Price Oct 2015 v1
Costs £1,095 per year
Saving You £232 per year
YOUR CHEAPEST VARIABLE
Tariff Spark Energy Direct Debit Advance 4
Costs £1,189 per year
Saving You £138 per year
YOUR CHEAPEST GREEN
Tariff Good Energy Good Energy and Gas +
Costs £1,360 per year
Saving You £-33 per year

cklass

I'm not sure what you mean. Are you saying you've found other providers that are cheaper, which haven't shown up?

By 'nto true energy providers', do you mean the fact that they're not one of the Big Six? On the whole, the cheapest providers are also the newest and smallest because they are trying to win customers over from the dominant providers, but that doesn't make them any less legitimate than British Gas and the others.

chanz4

If anything goes wrong, they have to go via the license holder for work to be carried out. And yes eon v7 beat them

Mr_K

There isn't an issue with small companies, they are usually giving the best deals at the moment. Continuous supply is guaranteed by the energy regulator, so it doesn't matter what company you're with. Even if they go bust - the regulator would have to find another supplier to take you on the same tariff - ie no interruption to supply.This happened to me with Amerada a few years ago and Powergen had to take me and my cheap tariff on. In fact i benefited as Amerada never collected my final amount owing ! If there were energy cuts this winter, it won't matter what company you're with, you'd still lose power along with everyone else in the street, whether you're with EON or Spark etc.

As for the CEC, I never use it. It's for the benefit of this site only and MSE refuse to disclose how much they make out of it. i.e. no better than any other switching site. Use them as a guide and but use a cashback site to do any switch.

cklass

chanz4 wrote: »

If anything goes wrong, they have to go via the license holder for work to be carried out. And yes eon v7 beat them

All the companies listed in your post hold their own licences. Could you post the Eon unit rates and standing charges? I find it difficult to believe that they offered cheaper rates than the likes of First Utility and Extra Energy, who almost always undercut their rivals. Eon v8 is currently more expensive than certain tariffs offered by EDF, Npower and British Gas, let alone the smaller providers.

Mr_K wrote: »

As for the CEC, I never use it. It's for the benefit of this site only and MSE refuse to disclose how much they make out of it. i.e. no better than any other switching site. Use them as a guide and but use a cashback site to do any switch.

CEC is better than other switching sites in most cases but not all. TopCashBack offers a better cashback rate for First Utility than CEC does, but CEC offers cashback for certain providers, such as Extra Energy, who aren't on any cashback sites. I've also never heard anyone complaining about not receiving their cashback from CEC, whereas I've heard of people never receiving their cashback from Energylinx etc.

I personally just find the CEC interface better than others. I can adjust my usage/tariff without having to go back several pages etc.