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Want to switch, but not fix if lower fuel price to come.

NorthFin
NorthFin Posts: 192 Forumite
I want to switch but from what I am reading even lower fuel prices are to come.

Which are the best tariffs for very low consumption users please?

I hate all the comparison sites, they are all fudged numbers comparing different things to ramp who they like.

Is there any fair comparison place to check?

Comments

  • Robin9
    Robin9 Posts: 12,354 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What do you mean by low consumption ? Please post your actual (not estimates) elec and gas kwh - not £
    Never pay on an estimated bill. Always read and understand your bill
  • footyguy
    footyguy Posts: 4,157 Forumite
    1,000 Posts Combo Breaker
    NorthFin wrote: »
    I want to switch but from what I am reading even lower fuel prices are to come.

    Which are the best tariffs for very low consumption users please?

    I hate all the comparison sites, they are all fudged numbers comparing different things to ramp who they like.

    Is there any fair comparison place to check?

    Use 2 or 3 acredited comparison sites this site suggests, and make sure the output is the same (so giving a high chance of accuracy/correctness)

    If you think prices will fall further, and wish to take advantage of such falls, look for a capped tariff (not sure if any are currently on offer) a variable tariff, or a cheap fixed tariff with no early exit fee.

    Ultimately, don't get too worked up about early exit fees. They are typically only about £25-£30 per fuel (where appied), and cashback possibilty on switching again may cover over 50% of that.

    So early exit fees might only cost you £10 per fuel, and would you really bother switching to save £10?
    (trying to avoid a possible early exit fee may cost you much more than £10)
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    NorthFin wrote: »
    I want to switch but from what I am reading even lower fuel prices are to come.

    >>>That is really no more than a guess at present .


    I hate all the comparison sites, they are all fudged numbers comparing different things to ramp who they like.

    >>You don't have to use a comparison site if you cannot work out how to use them .
    Just get quotes direct from many energy suppliers .

    Last week i used a number of comparison sites no fudge at all as they all came out with the same numbers .
  • Nada666
    Nada666 Posts: 5,004 Forumite
    NorthFin wrote: »
    Want to switch, but not fix if lower fuel price to come.
    I want to switch but from what I am reading even lower fuel prices are to come.
    That only applies to variable tariffs. Best fixed tariffs are not going to significantly change in price. And plenty of the cheaper fixed tariffs have leaving penalties of £zero.
    NorthFin wrote: »
    Which are the best tariffs for very low consumption users please?
    You complain about misleading comparison sites and fudging things but you yourself post such a meaningless and helpful statement.

    What is your consumption in kWhs? Some regard 1,000 kWh as very low, some 8,000 kWh as very low, others seem to think if you are out at work and put your heating on twice a day that that makes you below average.
    NorthFin wrote: »
    I hate all the comparison sites, they are all fudged numbers comparing different things to ramp who they like.

    Is there any fair comparison place to check?
    All of them are fair. All of them require a bit of knowledge or a touch of common sense to use. Some of the knowledge may be slightly obscure but can be learned easily. Sharing that information rather than scaremongering is the sensible thing to do.
  • JohnB47
    JohnB47 Posts: 2,583 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My advice is, go back over the last year and work out your total kwh usage for each of gas and electricity. Then go to those sites that offer a fixed deal with no exit fee (edf and scottish power to name but two). Fill out the 'get a quote' section with this info and your post code and you'll get an accurate quote.

    Working out your past usage is a fiddle but when done the rest is a doddle. Moving to a 'no exit' deal is an obvious choice at the moment, although they may not be the cheapest (compared to those that have a high penalty for leaving - £30 per fuel, crikey).
  • Southend1
    Southend1 Posts: 3,362 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    edited 3 March 2015 at 8:06PM
    I just switched to Scottish power. They came out cheapest for me on the comparison and its a fixed tariff until March 2016 with no exit fees. Might be worth checking if it's cheap for you too. Apparently their customer service is dire though.

    ETA there was £30 cashback via cheap energy club too.
  • teddysmum
    teddysmum Posts: 9,493 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you don't want the hassle of swapping, have a look to see if your current provider has a suitable tariff with no exit fee.


    This was the case with mine and I've changed tariff, with them, four times, as prices have fallen.
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