Tonik tariffs

vegan

I am confused by my latest cheap energy club search. Am currently on Tonik Positively Green v8 cheap energy club says I can save £40/year by switching to Tonik Positively Green v12. But when I look at the tariff details shown by cheap energy club for v12 they are identical to what I have on v8. So whats happening?

shaggy

vegan wrote: »

I am confused by my latest cheap energy club search. Am currently on Tonik Positively Green v8 cheap energy club says I can save £40/year by switching to Tonik Positively Green v12. But when I look at the tariff details shown by cheap energy club for v12 they are identical to what I have on v8. So whats happening?

does version 8 expire by any chance?

System

vegan wrote: »

I am confused by my latest cheap energy club search. Am currently on Tonik Positively Green v8 cheap energy club says I can save £40/year by switching to Tonik Positively Green v12. But when I look at the tariff details shown by cheap energy club for v12 they are identical to what I have on v8. So whats happening?

As suggested above, if you are coming off a fixed tariff and moving to another fixed tariff then any savings are to be ignored. Ofgem requires suppliers and websites to use a rolling 12 months cost projection with the supplier's SVT as the default option. So it is possible to switch fixed tariffs with the new one costing more but also showing a saving.

MSE CEC also has the simpler 'you are paying £X/year now" and your new tariffs will cost you '£Ys/year' with the cheapest tariff at the top of the list.

Note MSE CEC cost projections now include shared cash back but not any family and friends discount that is available if you use a link to the supplier's own website.

vegan

No have only just switched to Tonik. Got a year to go. My point is that the standing charges, unit energy prices and dual fuel discounts shown for v12 are identical to what I have on v8. So how can cheap energy club calculate a saving?

System

vegan wrote: »

No have only just switched to Tonik. Got a year to go. My point is that the standing charges, unit energy prices and dual fuel discounts shown for v12 are identical to what I have on v8. So how can cheap energy club calculate a saving?

The Ofgem inflated savings methodology could be one reason. The second reason is that MSE CEC now deducts any shared referral fee from the total annual cost.