What tariff should I go on with elecric company?

applepicker

Just got a new flat, changing the electric bill over to my name. It's with British Gas, as that was what the previous person was with. She said she could put me on the following tariffs -


1/ Fixed price tariff until July 2018 (she said this was the cheapest and she would put me on the discounted rate with no exit fee). She seemed the most positive about this one, but should I trust her?


2/ Standard tariff- which goes up or down depending on the industry.


3/ Home energy capped tariff until 2017.

HappyMJ

applepicker wrote: »

Just got a new flat, changing the electric bill over to my name. It's with British Gas, as that was what the previous person was with. She said she could put me on the following tariffs -


1/ Fixed price tariff until July 2018 (she said this was the cheapest and she would put me on the discounted rate with no exit fee). She seemed the most positive about this one, but should I trust her?


2/ Standard tariff- which goes up or down depending on the industry.


3/ Home energy capped tariff until 2017.

I'd go with any tariff without an exit fee then switch to another provider and get cash back for switching.

CashStrapped

As happymj states above, when you initially move in you are in a deemed contract with the existing supplier. However, by no means should you stay with them.

Once you have created an account and you are on their standard tariff go straight to a comparison site and compare tariffs.

As you have no usage history you should use national average use for an all electric flat.

This is around 4500KWH. Use that figure to compare tariffs.

Is your flat also economy 7? You should check if this is the case.

System

applepicker wrote: »

Just got a new flat, changing the electric bill over to my name. It's with British Gas, as that was what the previous person was with. She said she could put me on the following tariffs -


1/ Fixed price tariff until July 2018 (she said this was the cheapest and she would put me on the discounted rate with no exit fee). She seemed the most positive about this one, but should I trust her?


2/ Standard tariff- which goes up or down depending on the industry.


3/ Home energy capped tariff until 2017.

There are no discounted rates. Under Ofgem rules, suppliers are only able to able to offer discounts for dual fuel and online payments.

Once you have set up the Deemed Contract with BG take a look at GBEnergy's Premium Saver tariff. It is cheaper that the cheapest and has no exit fees.

applepicker

CashStrapped wrote: »

As happymj states above, when you initially move in you are in a deemed contract with the existing supplier. However, by no means should you stay with them.

Once you have created an account and you are on their standard tariff go straight to a comparison site and compare tariffs.

As you have no usage history you should use national average use for an all electric flat.

This is around 4500KWH. Use that figure to compare tariffs.

Is your flat also economy 7? You should check if this is the case.

No idea. How do I find this out?

HappyMJ

applepicker wrote: »

No idea. How do I find this out?

Read the meter...

If it's a digital meter and there are 2 readings as you scroll through and then a sum of the two readings it's E7..it may be E10 but that would be very rare.

If it's an analog meter you'll see two lots of numbers one saying LOW and one saying NORMAL.

applepicker

HappyMJ wrote: »

Read the meter...

If it's a digital meter and there are 2 readings as you scroll through and then a sum of the two readings it's E7..it may be E10 but that would be very rare.

If it's an analog meter you'll see two lots of numbers one saying LOW and one saying NORMAL.

Is that the night reading and day reading? I just gave the guy the day reading and he estimated the night one.


He gave me these prices when I set up the account-


16.9 pence kw/hr (day rate)
Night 6.44 pence/ per kw hr


26.01 / per day for the meter.


Do these figures look any good?


I want for the fixed tariff until July 2018.


Do the above figures mean it's cheaper to use the electricity during the night?

footyguy

Based on the tariff offered, you have an E7 meter. (Google it if you don't know what E7 is)

Use a comparison site to find the best deal for you.

cifpower

applepicker wrote: »

Is that the night reading and day reading? I just gave the guy the day reading and he estimated the night one.


He gave me these prices when I set up the account-


16.9 pence kw/hr (day rate)
Night 6.44 pence/ per kw hr


26.01 / per day for the meter.


Do these figures look any good?


I want for the fixed tariff until July 2018.


Do the above figures mean it's cheaper to use the electricity during the night?

Wow. I pay:

Day - 11.152
Night - 6.203
Daily Charge - 21.987

with Robin Hood Energy fixed for a year

why do you want to stay with British Gas?

applepicker

cifpower wrote: »

Wow. I pay:

Day - 11.152
Night - 6.203
Daily Charge - 21.987

with Robin Hood Energy fixed for a year




QUOTE]


I don't necessarily, just the previous owner was with them. Will change at some point in the future maybe to Robin Hood, that sounds good!


They estimated my night metre number as I didn't have it when registering as 57740 when I went back to the flat it was actually- 57740. Did they rip me off, should I call them and tell them?

why do you want to stay with British Gas?

anna42hmr

applepicker wrote: »

Is that the night reading and day reading? I just gave the guy the day reading and he estimated the night one.


He gave me these prices when I set up the account-


16.9 pence kw/hr (day rate)
Night 6.44 pence/ per kw hr


26.01 / per day for the meter.


Do these figures look any good?


I want for the fixed tariff until July 2018.


Do the above figures mean it's cheaper to use the electricity during the night?

i would suggest that you get on the cheapest tariff with your existing provider that doesn't have an exit penalty so that you are not on the deemed customer prices which are often the more expensive ones and then start doing comparisons for your specific area (as it varies) to take into account switching times if you go to a new company

just as an indication though, i currently am with scottish power on their cancer charity tariff that runs till 2018 and pay:

19.57p a day standing charge
11.493 p/kwh for day usage
4.828 p/kwh for night usage