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MSE News: Bulb signals another price possible increase in November...

edited 30 November -1 at 1:00AM in Energy
11 replies 1.4K views
MSE_AndrewMSE_Andrew MSE Staff
130 posts
Third Anniversary I've been Money Tipped! Energy Saving Champion
MSE Staff
edited 30 November -1 at 1:00AM in Energy
Green energy supplier Bulb has warned its 450,000 customers that it may be forced to increase prices for the third time this year, as a result of rising wholesale costs...
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'Bulb signals another possible price increase in November - are more energy price hikes on the way?'
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  • I was considering moving to Bulb from Octopus but might have to reconsider my options now.
  • aptapt Forumite
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    Not even a story about Bulb thinking about a third price rise in a year is free from Bulb spammers.
  • edited 14 August 2018 at 11:44AM
    Skools_OutSkools_Out Forumite
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    edited 14 August 2018 at 11:44AM
    apt wrote: »
    Not even a story about Bulb thinking about a third price rise in a year is free from Bulb spammers.

    Poor devils presumably need all the referral fees they can garner to help pay the outrageous prices Bulb charge.

    I see now, they can only compare the prices of this minnow against the Big 6 (probably their expensive standard variable tariffs) to make any any claim of a saving.

    One wonders why these people don't cunsult a comparison site & switch and save?
    (some comparison sites pay £34 or more for a dual fuel switch and some of the Big 6 are paying £100+ to join them using cashback sites)
    Presumably their constant spamming is paying off for them by sucking in mugs who believe and act on the spam :(
  • hyberniahybernia Forumite
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    I don't know what spam is being referred to in post #2. Perhaps it has been deleted.

    I do know, however, that there's nothing intrinsically wrong with Bulb's marketing model, because cash-in-hand for both referrer and referred is in my experience preferable to promised cashbacks which are (a) rebates on money the customer has already paid out and to which (b) no certainty of rebate actually attaches. You might get it. You might not.

    Our family's experience of an energy supplier's cashback relates to EDF and its chosen representative, Top Cashback. We switched to EDF in August last year and it took until May this year to obtain our rebate. That only occurred after various requests to Top Cashback for settlement met with "waiting for merchant" and OH's threat that he would now seek settlement directly from EDF together with compensation for time spent and inconvenience incurred.

    Our household no longer has a Top Cashback account, but we are still with EDF on a fixed price tariff due to conclude at the end of October. A friend who has Bulb as his supplier has provided us with details of the referral scheme and we may, or may not, pursue that option in due course.

    For now though, we are simply keeping an eye on the market. Using our own accurate consumption figures, we see that Bulb remains reasonably competitive amongst suppliers of established provenance and known customer service provision, though it equally well may not be come October.

    Of one thing we are certain though is that we are not mugs-to-be-sucked-in, merely because we may ultimately decide on a particular supplier whose marketing model offers a great deal more assurance than that of any cashback scheme.
  • glider3560glider3560 Forumite
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    For me (dual fuel), Bulb are £508 per year variable (using actual usage numbers), whereas the cheapest on a comparison site are £420.


    Can someone please tell all the spammers they really aren't cheaper. Unless you go and spam all the forums with your referal link.

  • waamowaamo Forumite
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    I've switched to them because for me they are cheaper. Like any provider though people should do their own checking and make sure you are getting the best deal for you.

    It really does only take a few minutes to do a comparison, many people should do one more often.
    This space for hire.
  • Al_RossAl_Ross Forumite
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    How much do Bulb charge for their Standing charge for gas and Electric?
  • glider3560glider3560 Forumite
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    Al_Ross wrote: »
    How much do Bulb charge for their Standing charge for gas and Electric?
    Why don't you look on their website?
    https://bulb.co.uk/tariff/

  • Al_RossAl_Ross Forumite
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    glider3560 wrote: »
    Why don't you look on their website?
    https://bulb.co.uk/tariff/



    [FONT=&quot] I did look but could not see it mentioned, only the tariff.[/FONT]

    [FONT=&quot]I also emailed Bulb a few days ago to ask, but they never replied.[/FONT]

    [FONT=&quot]I thought an existing Bulb customer would be able to quick straight answer.[/FONT]
  • glider3560glider3560 Forumite
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    Al_Ross wrote: »
    [FONT=&quot] I did look but could not see it mentioned, only the tariff.[/FONT]

    [FONT=&quot]I also emailed Bulb a few days ago to ask, but they never replied.[/FONT]

    [FONT=&quot]I thought an existing Bulb customer would be able to quick straight answer.[/FONT]
    It is the tariff! The price depends on where you live, so no-one here can give you answer.

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