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Cheap gas, any catch?

Talldave
Talldave Posts: 2,002 Forumite
Part of the Furniture 1,000 Posts Name Dropper
Having rented a largish single glazed cottage, my energy hunting focuses solely on gas unit price, as I'm up at the 55-60,000 kWh per year level. Standing charges are almost irrelevant as they're swamped by the consumption figure.

I switched to Pure Planet towards the end of last year, as they seemed to have the lowest gas unit rate. It went up shortly afterwards to 3.381p. They're great and I have no great desire to leave.

However, I was dabbling with comparison sites yesterday and stumbled upon an SSE U switch tariff with gas at 2.499p. That's a massive reduction that would save me £00s over a year. Have I read that right? Are there any catches I'm missing? And does anyone have any idea how long that tariff is available?

Comments

  • brewerdave
    brewerdave Posts: 8,779 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The "catch" for most users, is the very high standing charge(in my region 42.25p/day!!) - but in your case ,its not very important, so looks good. Even with the high s/c ,it would save me a bit -but not enuf to cover the early leaver penalty.
  • PaschalFun
    PaschalFun Posts: 241 Forumite
    Switching to this tariff means that you’re agreeing to have a smart meter installed in your property by SSE.
  • Talldave
    Talldave Posts: 2,002 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    PaschalFun wrote: »
    Switching to this tariff means that you’re agreeing to have a smart meter installed in your property by SSE.

    Do they replace both gas & electric meters with smart ones? Are SSE fitting SMETS2? What in home display do SSE provide?
  • Talldave
    Talldave Posts: 2,002 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well the switch to SSE is underway, but a stumbling start. Email received with a link to set up an account password that results in an "Ooops, something's gone wrong" page :-(.

    On a positive note, their Twitter team suggest that they'll be fitting SMETS2 meters.
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