Tonik or Octopus?

SteveGibbs86

I am currently with SSE and just on a standard tariff for my Gas and Elec paid quarterly.


Prices were fine for the first couple years but last year and this year they are creeping up so looking to move to a tariff.


Best SSE can offer me is £91 a month.


Tonik come in at £78 a month and Octopus at £79.


Of the 2 - anyone recommend 1 over the other?


Like anything, I have read so many reviews both good and bad that I am starting to doubt moving but I know it makes sense instead of over paying.


Never switched energy supplier before so bit nervous about it.


Thanks

JJ_Egan

What are the actual rates ?
Both figures you show are no more than estimates.

SteveGibbs86

JJ_Egan wrote: »

What are the actual rates ?
Both figures you show are no more than estimates.

Hi there

Thanks for responding.

Hopefully this is the information you were after.

Annual Usage
Gas = 12830 kWh
Electric = 2525 kWh

SSE Current Standard Tariff
Gas
Unit Rate = 4.07
Standing Charge = 26.52

Electric
Unit Rate = 18.65
Standing Charge = 25.73

SSE 1 Year Fixed Tariff
Gas
Unit Rate = 3.57
Standing Charge = 26.72

Electric
Unit Rate = 17.64
Standing Charge = 25.82

Tonik 1 Year Fixed Tariff
Gas
Unit Rate = 3.19
Standing Charge = 20.08

Electric
Unit Rate = 15.82
Standing Charge = 24.62

Octopus 1 Year Fixed Tariff
Gas
Unit Rate = 3.25
Standing Charge = 16.8

Electric
Unit Rate = 15.20
Standing Charge = 23.74

Gerry1

You're nearly there. Just check the annual cost based on your actual (not estimated) annual kWh usage with Citizens Advice and Which?

Ignore DD amounts, they're wonky. Try separate quotations for gas and electricity, not just dual fuel.

You may also wish to check their ratings.

ed110220

Don't seem like great prices, I'm paying 12.054p/kWh and 15p/day standing charge for electricity and 3.416p/kWh with 10p/day standing charge for gas with Green

SteveGibbs86

ed110220 wrote: »

Don't seem like great prices, I'm paying 12.054p/kWh and 15p/day standing charge for electricity and 3.416p/kWh with 10p/day standing charge for gas with Green

How long have you been with them?

Just gotten a really good quote with them around what you stated, but doesn't seem to be a lot of info about them other than trustpilot reviews and apparently they have a really good app.

dogshome

Try splitting your Gas & Elec suppliers - Search the comp sites for Elec only and then Gas only


My mantra is not to go with the absolute cheapest or newest supplier, in the last 12 months a number of the "New-kids-on-the-block" suppliers have failed leaving customers with a real mess to clear up

ed110220

SteveGibbs86 wrote: »

How long have you been with them?

Just gotten a really good quote with them around what you stated, but doesn't seem to be a lot of info about them other than trustpilot reviews and apparently they have a really good app.

I've only just switched over. They responded very quickly to my questions and opening readings via their live chat out of office hours. Obviously can't say how they are dealing with any problems yet!

clarefr

Octopus tried to increase my DD from £31.84 to £52.49 because they thought I would be using a lot more electricity than the figure given, which was my previous suppliers billed units. This was about 6 weeks after changing to them my balance at that time was £25 in credit bearing in mind that the first DD is taken at the start of the contract. Although you have the option to change the direct debit back you would need to be monitoring the account the whole time. They base their figures on a “typical medium household” They send you an email to inform you they are changing your direct debit. I am a retired widow living on my own. I have since left them for another supplier.

bristolleedsfan

clarefr wrote: »

They base their figures on a “typical medium household” They send you an email to inform you they are changing your direct debit. I am a retired widow living on my own. I have since left them for another supplier.

As everyone can see the email that you quote they dont base their figures on a !typical medium household", they are "[FONT=&quot]based on historical meter readings". [/FONT] in my case the information they quoted was based on previous occupiers after I replied with that fact the monthly payment was kept the same.

If they dont do such reviews people have and will complain that they have ended up in debt that they cannot afford to pay.

[FONT=&quot]"When you switched, your quote was based on your estimate of how much energy you use each year. [/FONT]

[FONT=&quot] Every UK home has an official estimate, based on historical meter readings. We've now received this from your previous supplier, and [/FONT][FONT=&amp]it looks like you're using more energy than your initial estimate.[/FONT]

[FONT=&amp]Initial estimate[/FONT]
[FONT=&quot] Electricity: [/FONT][FONT=&amp]1,500 kWh[/FONT][FONT=&quot] per year costing [/FONT][FONT=&amp]£297.56[/FONT]

[FONT=&amp]Official estimate[/FONT]
[FONT=&quot] Electricity: [/FONT][FONT=&amp]2,237 kWh[/FONT][FONT=&quot] per year costing [/FONT][FONT=&amp]£409.32[/FONT]

[FONT=&amp]That means you're using an average of £9.31 a month more than your initial estimate.[/FONT]

Official estimate doesn't look right?
This can happen if there's big changes in how energy is used in your home. The best way to ensure it's accurate is to submit a meter reading, and let us know by replying to this email. We'll review it for you."


[FONT=&amp]Our recommendation[/FONT][FONT=&quot]To spread the cost of your energy use, [/FONT][FONT=&amp]we need to change your monthly payments to £35.97[/FONT][FONT=&quot], starting with your August payment. [/FONT][FONT=&quot]If you'd like to suggest something else, or you don't think this is right, just reply to this email. [/FONT]

[FONT=&quot] We'll continue to review your account regularly to check your Direct Debit is set to the right amount. [/FONT]