End of MSE Collective 2015

Lexisgran

My contract finishes on Sept 15th with Eon via MSE Collective 2015 and wonder if MSE are going to have another scheme.
GB Energy looks the best bet otherwise,but had hoped to stay with Eon to save any bother,but I look to save about £300 with GB
Are GB ok?
(Newby to this hope this makes sense!)

csgohan4

See what else Cheap energy club sets out for you and look at the reviews of the smaller companies like GB energy. Don't touch Spark

poppasmurf_bewdley

You can't do anything about it now but last year I was on the same deal as you with EON. However, another deal came up through MSE in February this year so I joined that, again with EON.

Apparently, this is not against the rules. The deal was almost identical with the previous one, and I had no cancellation charges because I was staying with EON.

And I got two lots of payback.

So if you're some way through a deal again and another comes up, jump in and extend your deal time. Although my current deal expires in February next year, I'll be looking for a new one any time soon.

Former_E.ON_Company_Representative:_Malc

Spot on poppasmurf. Exit fees don't apply when moving from one E.ON tariff to another and this includes the various collectives we've been involved with.

Malc

Sosumi

poppasmurf_bewdley wrote: »

You can't do anything about it now but last year I was on the same deal as you with EON. However, another deal came up through MSE in February this year so I joined that, again with EON.

Apparently, this is not against the rules. The deal was almost identical with the previous one, and I had no cancellation charges because I was staying with EON.

And I got two lots of payback.

So if you're some way through a deal again and another comes up, jump in and extend your deal time. Although my current deal expires in February next year, I'll be looking for a new one any time soon.

May we infer from this that you failed to follow your own advice and neglected to renew/update your own E.ON fix in the EHL cheap collective offerings last June?

After all, on 31 May you were clearly of the view that Britain was going to vote to secede from the EU in the Referendum:

poppasmurf_bewdley wrote: »

When we vote out in three weeks time...

and a man of your genius would obviously have realised that this would cause energy prices to rise. As, indeed, they have.

So, why didn't you renew your fix cheaply while you still could?


It’s all very well for you now to urge others to ditch their existing E.ON fixes and refresh/update them at the new higher tariffs which now prevail, but what you forget to mention is that doing this, to secure a longer fix, now comes at the price of having to pay the new, higher tariff – instead of their existing, lower tariff – for the remainder of the fix to which they are contracted currently.

If a new E.ON fix (collective or otherwise) does arrive “anytime soon” (as you put it) it is now likely to come at a tariff markedly higher than that of the February 2016 E.ON fix which you presently enjoy yourself, so if you do “jump in and extend your deal time” (as you put it) you’ll have to pay the new, more expensive rate immediately and right through until next February. I doubt that any “payback” (as you put it) that you may receive for that switch will go far towards the increased energy cost you will incur while that times out.

There will be many who, having now realised ruefully that they’ve missed the boat for a pre-Referendum refresh of their tariff fix before the pound got Faraged, will find it more economically appealing to remain on their existing fix until it expires, rather than to bite the bullet of a higher tariff for that period.

As so often, you fail to think through the consequences of the flawed financial advice you dispense so liberally to others.

fredandwilma

Sosumi wrote: »

May we infer from this that you failed to follow your own advice and neglected to renew/update your own E.ON fix in the EHL cheap collective offerings last June?

After all, on 31 May you were clearly of the view that Britain was going to vote to secede from the EU in the Referendum:



and a man of your genius would obviously have realised that this would cause energy prices to rise. As, indeed, they have.

So, why didn't you renew your fix cheaply while you still could?


It’s all very well for you now to urge others to ditch their existing E.ON fixes and refresh/update them at the new higher tariffs which now prevail, but what you forget to mention is that doing this, to secure a longer fix, now comes at the price of having to pay the new, higher tariff – instead of their existing, lower tariff – for the remainder of the fix to which they are contracted currently.

If a new E.ON fix (collective or otherwise) does arrive “anytime soon” (as you put it) it is now likely to come at a tariff markedly higher than that of the February 2016 E.ON fix which you presently enjoy yourself, so if you do “jump in and extend your deal time” (as you put it) you’ll have to pay the new, more expensive rate immediately and right through until next February. I doubt that any “payback” (as you put it) that you may receive for that switch will go far towards the increased energy cost you will incur while that times out.

There will be many who, having now realised ruefully that they’ve missed the boat for a pre-Referendum refresh of their tariff fix before the pound got Faraged, will find it more economically appealing to remain on their existing fix until it expires, rather than to bite the bullet of a higher tariff for that period.

As so often, you fail to think through the consequences of the flawed financial advice you dispense so liberally to others.

To be fair Sosumi, there are still cheaper tariffs available on the market, right now. I could still get a cheaper tariff than the one i opted for, but i was happy to stay with the same company and know i will be paying roughly what I've paid this winter, for the next two winters, (barring an Artic winter :rotfl:)


Different things are important to different people when choosing a tariff, and for me it wasn't just taking the cheapest tariff from an unknown company.


https://forums.moneysavingexpert.com/discussion/comment/71122323#Comment_71122323


It has to be said, E.on are the only company which actively respond to comments on this site everyday, too.

poppasmurf_bewdley

I fail to see what my correctly predicting the result of the Brexit Referendum has to do with which package I have with EON!!!

And as for renewing tariffs at a higher rate, I did state that my renewal was "almost identical with the previous one."

Are you saying that you can predict what any new MSE tariff will be?

Former_E.ON_Company_Representative:_Malc

fredandwilma wrote: »

It has to be said, E.on are the only company which actively respond to comments on this site everyday, too.

We try fredandwilma. Not always successfully, I know, but we do our best.

On the other side, comments from many of the knowledgeable people on this site, including yourself, has helped us over a number of years when we feedback to those higher up the food chain. Believe me, it does make a difference. Not every time but more often than not.

Malc

Sosumi

poppasmurf_bewdley wrote: »

I fail to see what my correctly predicting the result of the Brexit Referendum has to do with which package I have with EON!!!

And as for renewing tariffs at a higher rate, I did state that my renewal was "almost identical with the previous one."

Are you saying that you can predict what any new MSE tariff will be?

poppasmurf_bewdley wrote: »

I fail to see...

You always do. That’s the problem.

And it’s why you shouldn’t give financial advice to others.

My posting was perfectly cogent and it addressed directly all the points you raise. If (despite being a retired journalist) you can’t understand it, get an intelligent 12-year-old child to explain it to you.

poppasmurf_bewdley wrote: »

Are you saying that you can predict what any new MSE tariff will be?

No. MSE Laura did.

MSE_Laura wrote: »

Hi johnpr98,

We’re aiming to run another collective switch soon, hopefully undercutting the market's cheapest when it launches but I'm afraid we don't yet have any further details around dates which we can share.

However research undertaken by our editorial team highlights that the prices of the cheapest fixed tariffs are starting to rise and so if this trend continues, a collective tariff may be more expensive than today’s cheapest. It’s a little bit of a wait and see – but for more on this topic do check out our recent news story.

http://www.moneysavingexpert.com/news/energy/2016/07/cheapest-energy-deals-disappearing---is-now-your-last-chance-to-save-300year

When we’re able to share more collective information, it'll be written about in the weekly email. You can get the free weekly Martin's Money Tips email from following this link: http://www.moneysavingexpert.com/latesttip/

poppasmurf_bewdley

Sosumi wrote: »

You always do. That’s the problem.

And it’s why you shouldn’t give financial advice to others.

My posting was perfectly cogent and it addressed directly all the points you raise. If (despite being a retired journalist) you can’t understand it, get an intelligent 12-year-old child to explain it to you.





No. MSE Laura did.

Another Remain supporter still peddling Project Fear!

anilizard

I didn't realise that I could join the February switch, when is the next one, do you know ?
Cheers
Ani