New MSE energy deals to come?

JJ_Egan

I would be looking at deals anyway now .
I have usually beaten MSE Deals .

Sosumi

Anyone who subscribed to an MSE collective fix a year ago and has then just sat on their butt, waiting to be spoon-fed another one by MSE when it expired, instead of keeping an eye on the market and switching to cheaper tariffs as and when they became available, will have lost a lot of money by doing so and has only themselves to blame.

I’ve switched or changed tariffs five times in the last year (all within E.ON, so no early exit fees to pay and excellent customer service). Three of those were (non-MSE) collective fixes and two of them were freely available, open market 12-month fixes offered by E.ON itself (v18 and v19). Doing that has saved me several hundred pounds and my latest collective switch, three weeks ago, via Energy Helpline, will run for the next two years, should I wish it to, at an annual cost that is now likely to be less than MSE’s next one-year fix when that finally arrives.

But I do not mock those too lazy to do the same, and neither should any of us, here. Instead, I am grateful to them and encourage them in their sloth. Because they are the ones who are subsidising the excellent savings made by you and me.

Frankly, I just wish "Typical" would stop nagging people incessantly to switch so that he, MSE and MSM can make commission money out them doing so. :money:

[Deleted User]

shorty31 wrote: »

So when you say working on deals and them being in the weekly emails, are these the Energy Club deals?

In the past, the Cheap Energy Club members and the weekly newsletter subscribers are both eligible for the same collective deals under OFGEM rules. All the said collective deals have been sold via the Cheap Energy Club. They are the same organistion - Moneysavingexpert.com , just one part points out deals and advice while one sells stuff (energy).

As per JJ's advice, don't just wait for a possible future collective but look at the whole market. Now. It has been rare for any collective deal to be the absolute cheapest for all my energy usage. Your mileage may vary.
Also if you are currently on a dual fuel deal, look at separate suppliers as that may be cheaper for you. It is for me and has been for the past few years.

Sosumi

gsmlnx wrote: »

In the past, the Cheap Energy Club members and the weekly newsletter subscribers are both eligible for the same collective deals under OFGEM rules. All the said collective deals have been sold via the Cheap Energy Club. They are the same organistion - Moneysavingexpert.com , just one part points out deals and advice while one sells stuff (energy).

As per JJ's advice, don't just wait for a possible future collective but look at the whole market. Now. It has been rare for any collective deal to be the absolute cheapest for all my energy usage. Your mileage may vary.
Also if you are currently on a dual fuel deal, look at separate suppliers as that may be cheaper for you. It is for me and has been for the past few years.

With respect, gsminx, neither MoneySupermarket.com nor its subsidiary MoneySavingExpert.com’s “Cheap” Energy Club “sells” anything. Both act simply as brokers, on commission, for energy supply companies.

It’s worth pointing out that, so far as I'm aware (correct me if I'm wrong – and tell me what it is!), the “Cheap” Energy Club, unlike other brokers (including MoneySupermarket.com) provides no telephone number by which it can be contacted if it screws something up when processing an application for a fix.

Also, that while some gas suppliers, do offer a two-year fix currently, it’s hard to find an electricity supplier other than the dreaded nPower, Spanish Power and Co-op Energy that offers an economic two-year fix with which to pair it. So, a dual-fuel deal is likely to be better for a two-year fix. Still, as you point out, everyone's mileage is different and that fact needs to taken into consideration.

In the wider context, one is obliged, to some extent, to use a specific comparison site if it’s the only one offering a particular collective fix exclusively, but I would always prefer to use Energy Helpline rather than the “Cheap” Energy Club. (Not least because EHL provides a contact telephone number – and a freephone one, at that.)

But, certainly, I agree; now is the time to be looking for whatever good fix deals remain available before they are withdrawn. Without further delay. Because he best ones already have been. And prices continue to rise...

shorty31

Sosumi wrote: »

Anyone who subscribed to an MSE collective fix a year ago and has then just sat on their butt, waiting to be spoon-fed another one by MSE when it expired, instead of keeping an eye on the market and switching to cheaper tariffs as and when they became available, will have lost a lot of money by doing so and has only themselves to blame.

I’ve switched or changed tariffs five times in the last year (all within E.ON, so no early exit fees to pay and excellent customer service). Three of those were (non-MSE) collective fixes and two of them were freely available, open market 12-month fixes offered by E.ON itself (v18 and v19). Doing that has saved me several hundred pounds and my latest collective switch, three weeks ago, via Energy Helpline, will run for the next two years, should I wish it to, at an annual cost that is now likely to be less than MSE’s next one-year fix when that finally arrives.

But I do not mock those too lazy to do the same, and neither should any of us, here. Instead, I am grateful to them and encourage them in their sloth. Because they are the ones who are subsidising the excellent savings made by you and me.

Frankly, I just wish "Typical" would stop nagging people incessantly to switch so that he, MSE and MSM can make commission money out them doing so. :money:

How rude! But each to their own. I have been happy in the tariff I was on.

Thankfully I don't have to watch every penny I spend, due to having a good income, and being careful with my money when I was younger. I value my time too much to feel the need to chase the latest deal every month.

Well done to you for having done so well, with your savings.

shorty31

gsmlnx wrote: »

In the past, the Cheap Energy Club members and the weekly newsletter subscribers are both eligible for the same collective deals under OFGEM rules. All the said collective deals have been sold via the Cheap Energy Club. They are the same organistion - Moneysavingexpert.com , just one part points out deals and advice while one sells stuff (energy).

As per JJ's advice, don't just wait for a possible future collective but look at the whole market. Now. It has been rare for any collective deal to be the absolute cheapest for all my energy usage. Your mileage may vary.
Also if you are currently on a dual fuel deal, look at separate suppliers as that may be cheaper for you. It is for me and has been for the past few years.

Thank you, no gas available for me, so only electricity. However, I will check available tariffs.

I'm surprised how quickly the year has passed? Only became aware when I received the EON email.

Former_E.ON_Company_Representative:_Malc

shorty31 wrote: »

Being a member of the MSE Energy Club, and taking part in the collective switch for the last couple of years. I really hoped they would have had some advice ready, now our one year deal is approaching its end.

Although the year is up in September, EON, are already sending emails to get me to agree to a new tariff.

So when you say working on deals and them being in the weekly emails, are these the Energy Club deals?

shorty31 wrote: »

Thank you, no gas available for me, so only electricity. However, I will check available tariffs.

I'm surprised how quickly the year has passed? Only became aware when I received the EON email.

Hello shorty31

Whenever fixed deals like the one you're currently on reach a certain point, we contact customers to let them know and tell them about the Price Protection Window. This window is open 49 calendar days before the tariff ends until 20 working days after. During this time and provided we're told, we'll make sure customers are protected against any price changes that aren't in their favour whilst a change of supplier goes through. Also, exit fees don't apply whilst the window is open.

The email you've received is a reminder. You should have received a renewal letter as well and this gives more details about the above.

Switching supplier usually takes about two and half weeks. If we don't hear from you or your chosen supplier, the account will automatically default to our standard plan once your fixed agreement ends.

Hope this is useful shorty31.

Malc

brewerdave

Sosumi wrote: »

Anyone who subscribed to an MSE collective fix a year ago and has then just sat on their butt, waiting to be spoon-fed another one by MSE when it expired, instead of keeping an eye on the market and switching to cheaper tariffs as and when they became available, will have lost a lot of money by doing so and has only themselves to blame.

I’ve switched or changed tariffs five times in the last year (all within E.ON, so no early exit fees to pay and excellent customer service). Three of those were (non-MSE) collective fixes and two of them were freely available, open market 12-month fixes offered by E.ON itself (v18 and v19). Doing that has saved me several hundred pounds and my latest collective switch, three weeks ago, via Energy Helpline, will run for the next two years, should I wish it to, at an annual cost that is now likely to be less than MSE’s next one-year fix when that finally arrives.

...Same here , I've switched 6 times in just over a year up to March 16 - since then , there has only been one tariff cheaper (for me) and the potential savings were less than the early termination fee on my current MSM EON fix so I stayed put. As we are due a cold Winter this year, I'm not considering jumping early!!:)

Sosumi

brewerdave wrote: »

...Same here , I've switched 6 times in just over a year up to March 16 - since then , there has only been one tariff cheaper (for me) and the potential savings were less than the early termination fee on my current MSM EON fix so I stayed put. As we are due a cold Winter this year, I'm not considering jumping early!!:)

Wise thinking and wise dealing. :money:

Ironically, though, after all the deals prudently to be done last year, I think the market has now turned and I’m not expecting to be making any further switches for quite some time.

Earlier this month, I took a calculated gamble: I sacrificed the remaining eight months of my excellent E.ON v19 One Year fix and went for EHL’s 2 Year collective fix with E.ON.

That one was released on 20 June, just before the EU Referendum and those who wanted it had 28 days to apply for it: a period that EHL and E.ON, to their credit, duly honoured, despite the Brexit result. Everything else of interest on the market was rapidly withdrawn or revised sharply upwards.

For me, the calculation (in rough figures) is as follows:

Over the next eight months my 2 Year tariff will cost me £120 (in total) more than remaining on E.ON v19 until it concluded in late March 2017. My wager is that I shall recoup that sum (and more) over the following 16 months because what will be available (dual-fuel, with an acceptable supplier) in eight months time (late March 2017, when my v19 fix would have ended) will be greater than £90 a year (£7.50 a month) more expensive than my new 2 Year tariff.

Essentially, I view this as investing £120 in a fall-back position for the 16 months commencing late March 2017.

If the price of other fixes continues to rise, I’ll stay put until July 2018.

If, however, in a year’s time, a cheaper E.ON fix (including collectives) is available for 12 months, I’ll switch to that (and there’ll be no early exit fees to pay for doing so).

I can afford to lose £120 on a bet (it’s a lot less than two tanksful of petrol, at the moment, and could well be less than one tankful of petrol, again, in 2017).

But I’m expecting to win my bet and, either way, whatever happens, I’m safely covered for the next two winters’ energy at easily affordable prices. A re-assuring thought in uncertain times… :cool:

Storminmike1

I'm on EON V19 and had a email from the EHL with an EON collective switch. I plugged in my readings and it said I could save around £8 a month..........cobblers

Their comparison calculation was an outright lie for it would cost me an extra £1 month when I did the maths myself. How can they get away with that? The only thing that changed was the unit rates and S/C for the worse...the discounts were the same...outrageous