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Low unit charges/standing charges - which provider

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digp
digp Posts: 2,013 Forumite
1,000 Posts Combo Breaker
Hi

Which providers have low unit charges and low standing charges (gas / elc). Thanks

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  • digp
    digp Posts: 2,013 Forumite
    1,000 Posts Combo Breaker
    Pref no standing charges appreciate might be a tall order :(
  • molerat
    molerat Posts: 34,578 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Do a whole of market comparison on one of the switching sites using your actual annual kWh usage and that will give the cheapest option for you. There is no such thing as a universally cheap supplier, it all depends on your location and annual consumption.
  • matelodave
    matelodave Posts: 9,080 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    For some a higher standing charge and lower cost per kwh is more beneficial than a lower standing charge and slightly higher per kwh tariff.

    It depends on your consumption. generally it works out roughly the same for those with average consumptions and really only makes much difference when your consumption is significantly higher or lower than average

    As Molerat suggests do some comparions because those suppliers with a very low or zero standing charge just compenated by having much higher unit costs so it depends a lot on where you live and how much energy you consume
    Never under estimate the power of stupid people in large numbers
  • Stompa
    Stompa Posts: 8,375 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you really want to find the tariffs with zero or low standing charges then just enter very low (if 0kW doesn't work try 1kWh) annual consumption values into a comparison site.
    Stompa
  • https://www.ebico.org.uk
    do a tariff with no standing charge ideal for low users
  • Stompa wrote: »
    If you really want to find the tariffs with zero or low standing charges then just enter very low (if 0kW doesn't work try 1kWh) annual consumption values into a comparison site.

    Easier still, use the MSE CEC and you can filter your results to only show tariffs with zero standing charge :)

    Not sure why anyone would though. I would suggest everyone follows molerat's suggestion and finds the cheapest deal for them. It really doesn't matter if the tariff has a zero standing charge or not - just that it's the cheapest for your consumption.
  • matelodave
    matelodave Posts: 9,080 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Ebico's zero standing charge tariff for leccy is 19.9p kwh compared with their 30p a day standing charge tariff which is about 15.5p/kwh so I really can't see why you'd even contemplate them unless you were an unbelieveably low user..

    On my consumption they'd cost me around £500 a year more for the zero s/c and only £315 more on their cheapest tariff
    Never under estimate the power of stupid people in large numbers
  • Anthorn
    Anthorn Posts: 4,362 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just to note that Ebico Zero with no standing charge has been replaced by Ebico Zero Green fixed term similarly with no standing charge. But as matelodave points out the overall tariff is expensive compared to tariffs with a standing charge which is why Ebico Zero is largely recommended for those with low consumption.
    https://ebico.org.uk/ebico-news/changes-to-ebicos-zero-standing-charge-energy-plan/
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