collective energy switching

Blackbird11

Does anyone know anything about collective energy switching where a large number of people sign up to a website which then applies to energy companies for a cheaper tariff as so many are switching - sort of like bulk buying.

PlutoinCapricorn

My local council approached me about this: they will find the best tariffs if you send them your annual usage. I would not use a profit-making company for this purpose.

Southend1

In theory this is a fantastic idea. Collective purchasing power should be able to get you a better deal. However the energy industry is so powerful and corrupt that my experience of taking part in a few of these initiatives is that they will only offer a tariff which is already available via comparison sites where you may be able to get a better deal yourself because of cashback incentives.

footyguy

https://forums.moneysavingexpert.com/discussion/5077657

footyguy

PlutoinCapricorn wrote: »

My local council approached me about this: they will find the best tariffs if you send them your annual usage. ....

No they won't. They will send you the tariff from the supplier they have agreed to deal with (or at best, one of 3 suppliers depending on usage)

But you can find the best tariff for you from the whole of market by using a comparison site

Don't forget about possible cashback too!
(Something the council will pocket themselves if you switch via them)

Blackbird11

:T Thank you everyone. First time I have used the forum and all your comments were really useful

chanz4

also due to new ofgem guidance this wont work