Fraudulent Cheap Energy Club Quotations.

LesD

Why are we still getting solicitation emails based on the fraudulent basis for comparing energy suppliers? It's no use hiding behind the Ofgem 'requirement' for calculating it this way. We old-timers know it's a big con trick to get people using Moneysupermarket's switching system to rack up commission fees.

Yet again, my email recommends switching to a supplier with a HIGHER tariff than my current fixed contract. Just because the new rate is lower than my current supplier's 'standard' rate - which is used for calculations beyond the end of the fixed term.

Anyone on a fixed term contract is almost certainly there because they use price comparison websites to choose the best deal. They are not likely to allow their supplier to drop them to the standard tariff.

CashStrapped

What is fraudulent? What does the email actually say? Is it just highlighting the headline cut in standard rates? What does a comparison using actual KWH use tell you? What is the con-trick? Why does being an old timer help? Give details rather than sentences that lack substance and people may take you seriously.

footyguy

LesD wrote: »

Why are we still getting solicitation emails based on the fraudulent basis for comparing energy suppliers? It's no use hiding behind the Ofgem 'requirement' for calculating it this way. We old-timers know it's a big con trick to get people using Moneysupermarket's switching system to rack up commission fees.

Yet again, my email recommends switching to a supplier with a HIGHER tariff than my current fixed contract. Just because the new rate is lower than my current supplier's 'standard' rate - which is used for calculations beyond the end of the fixed term.

Anyone on a fixed term contract is almost certainly there because they use price comparison websites to choose the best deal. They are not likely to allow their supplier to drop them to the standard tariff.

Not sure if you are being serious about this being in any way "Fraudulent , but if you are you can report the matter here:
http://www.actionfraud.police.uk/report_fraud

On a more serious note, if you don't want to be notified of a cheaper deal, unless it really is cheaper than the current deal irrespective of the fact it is due to expire soon, then why not set the expiry date of that deal out in 2018 or 2019?
(If you do this, don't forget when the real expiry date is as you won't get notified by the CEC that it has ended, and so you would then be on that expensive standard variable rate)

CashStrapped

If anything the cheapenergyclub results make it far more clear than most other comparison sites.

They have:

1) a saving based on your current tariff only.
2) the saving based on being on a standard tariff only
3) a 12 month projection giving you a saving based on going onto a standard tariff after you fixed ends.

energyhelpline.com have a sentence in red which you click on. This gives you the option of seeing results including the standard tariff or just based on your current fixed tariff.
.

MSE_Dan_L

LesD wrote: »

Why are we still getting solicitation emails based on the fraudulent basis for comparing energy suppliers? It's no use hiding behind the Ofgem 'requirement' for calculating it this way. We old-timers know it's a big con trick to get people using Moneysupermarket's switching system to rack up commission fees.

Yet again, my email recommends switching to a supplier with a HIGHER tariff than my current fixed contract. Just because the new rate is lower than my current supplier's 'standard' rate - which is used for calculations beyond the end of the fixed term.

Anyone on a fixed term contract is almost certainly there because they use price comparison websites to choose the best deal. They are not likely to allow their supplier to drop them to the standard tariff.

Just to add to the points that others have made around this, the ONLY time that Cheap Energy Club will default to compare against your supplier's standard tariff is when you're in the final 50 days of your tariff.

This is to highlight that very shortly you'll be paying more for your energy and to think about switching (without penalties) before you roll onto the standard tariff.

This is absolutely about doing the right thing for our users. We tried to get Ofgem to change the rules, and when it refused we decided to ignore it.

For more on this please take a look at our news story from last year which covers this in full.
http://www.moneysavingexpert.com/news/energy/2015/08/test-your-energy-fix-check-if-you-can-save-100s

pengers

I am on EDF Blue Pmomise Jan 2017 with a unit price of 2.271 ( excl VAT) for gas. Yet I get emails from Cheap energy Club to say I can save about £250 by changing to a tariff with a dearer rate! Why? Because it says my unit charge is 3.423p per kWh incl VAT.

Surely this is highly misleading.

jcontest

pengers wrote: »

I am on EDF Blue Pmomise Jan 2017 with a unit price of 2.271 ( excl VAT) for gas. Yet I get emails from Cheap energy Club to say I can save about £250 by changing to a tariff with a dearer rate! Why? Because it says my unit charge is 3.423p per kWh incl VAT.

Surely this is highly misleading.

2.271 is really low.
I am sure there will be a standing charge associated with that.

The standing charge will probably bring the TCR up to 3.423

If you really feel that there is an error in the price they have listed for you then you should probably contact them and report the error. I would be tempted for a bit of a screen grab of the price bits (personal info removed!). so you could point out whats wrong, and probably part of your bill that shows for a fact your on the same plan and that the pricing is different.

Mine doesn't show a TCO, so I am just a bit curious.

sid02

Thought I'd add my experience of the above (and this seemed like the closest existing thread).

I used the Cheap Energy Club comparison just before the Big Switch closed and signed up for the switch on the basis of the comparison I got against last year's usage for G and E.

Over the weekend I thought I'd check a couple of Energy price comparison sites available via a cashback site (USwitch and Energylinx). Both sites brought back the same deal (Scottish Power) that was on a par with the BG deal (including the dual fuel cashback).

However the additional cashback for switching to SP via the comparison site on TopCashback was worth an extra £39. Given how little time it takes to initiate a comparison and switch I've ended up cancelling the MSE collective move to BG in favour of SP.

pengers

jcontest

Thank you very much for your prompt reply. It is interesting that today i did another comparision (uswitch), and they have the correct prices this time. (2.271). It now says that I could save £55 ( but that includes the rollover period when they assume standard prices AND the new offer from Flow included exit fees which EDF do not. (I wonder if I did the comparison last night via another group - not uswitch)

I appreciate your note about standing charge (26.25p per day incl VAT) which I know is high but perfectly acceptable in the winter when the price of gas is 2.271. The new Feb offer from edf is not bad - slightly higher I think - about 2.4

I am not interested in TCR figures because I am a heavy user of gas

jcontest

Keep in mind that some of the deals you see on MSE don't show up on the other sites. I would guess it is possible that other deals don't show up on this site too, but that is just a guess.

And you should use only the TCR figures, unless you plan on working everything out by hand. But I think I know what you mean, your looking for the lowest overall cost per unit, in case you go a few million btu's over while heating the crocodile pond .

MSE_Dan_L

pengers wrote: »

I am on EDF Blue Pmomise Jan 2017 with a unit price of 2.271 ( excl VAT) for gas. Yet I get emails from Cheap energy Club to say I can save about £250 by changing to a tariff with a dearer rate! Why? Because it says my unit charge is 3.423p per kWh incl VAT.

Surely this is highly misleading.

Hi Pengers

In this case it sounds like you've actually selected the wrong tariff. We've had lots of users email us telling us about this type of problem, but in each case they've made a mistake and selected a different (but similarly named) tariff on their CEC account.

Definitely worth checking if you've actually selected Price Promise and not Price Fix or Price Freeeze.