Switch Atlantic to Scottish Power or First Utility

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dogshome wrote: »

Don't get mesmerised by the Cash-back.

I agree. Cash backs are distorting the market. If a supplier can afford to pay a referral site £60 per customer, then that is £60 that could come off the bill. I appreciate that the above is probably a little too simplistic given the low % of switchers and the fact that many do so via the supplier - but you get my drift.

Sadly, it is also true, that when a small supplier reduces its prices, this rarely gets mentioned on this and other sites unless people post about it.

fifthofwhisky

matelodave wrote: »

I hope your savings are based on actual kwh consumption and not on estimates.

I trust you've done your homework and checked the tariff rates (both per kwh and standing charges) to make sure that the cost saving are reall and not imaginary

I have, thank you. Did a similar comparison before I moved from Atlantic to Ovo a couple of years ago. After a couple of months I found the initial DD was high so requested a return of the balance and reduced the DD myself online, with no problems at all. The lack of exit fees is a factor too.

fifthofwhisky

Hengus wrote: »

I agree. Cash backs are distorting the market. If a supplier can afford to pay a referral site £60 per customer, then that is £60 that could come off the bill. I appreciate that the above is probably a little too simplistic given the low % of switchers and the fact that many do so via the supplier - but you get my drift.

Sadly, it is also true, that when a small supplier reduces its prices, this rarely gets mentioned on this and other sites unless people post about it.

I'm not sure how it works exactly but I'm guessing the cashback is part of a customer acquisition campaign and funded accordingly. If the "saving" was applied universally, e.g. to all customers it would likely result in a reduction in profits, or loss for the business.