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Energy: Find the cheapest supplier & earn cashback

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Comments

  • oly2c
    oly2c Posts: 51 Forumite
    nemoo wrote: »
    Personally, I don't think the prices displayed now will take the end of march price cuts in to account and these sites (where they can) effectively allow you to sign up to something that's available now i.e. you are signing up to a current tariff and not a future offer (albeit a definite offer) - if you see what I mean.
    I believe this is correct. It is something that should be made clear on this site. It would be easy to lock in to potentially uneconomic rates. There are high penalties for switching with most suppliers. With some companies you lose the dual fuel discount for early switching although there isn't a specific penalty listed.
    if i had known then what i know now
  • hi,

    thanks for your replies.

    I will wait until April then.

    I think this should be made clear, because I just saw the "switch now"on the main page, and was going to do just that. It was only when I read on the BBC site about Scottish Power prices being effective from 31st March that I thought to ask.

    Thanks again!
  • spaceboy
    spaceboy Posts: 1,932 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    We just found out we're with M Power for electric is this bad?
  • spaceboy wrote: »
    We just found out we're with M Power for electric is this bad?

    The company is called Npower and not M Power.

    If you have been with them a long time you are bound to now be on a very expensive and uncompetitive tariff, especially if they are the original supplier of electricity in your area.
  • spaceboy
    spaceboy Posts: 1,932 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The company is called Npower and not M Power.

    If you have been with them a long time you are bound to now be on a very expensive and uncompetitive tariff, especially if they are the original supplier of electricity in your area.

    Is there any way to complain about the tariff you are on?
  • RootyTooty wrote: »
    What I mean is will they compare the prices as they are today, or will they take into account the forthcoming price cuts.

    Uswitch have assured me they take in to account announced forthcoming price cuts. This is because usually the prices change almost straight away but it will be at least 4 to 6 weeks by the time you have moved supplier. However they obviously can't take in to account a price cut that has not yet been announced.
  • spaceboy wrote: »
    Is there any way to complain about the tariff you are on?

    No if you don't like the tariff you are on you identify a cheaper one at https://www.energylinx.co.uk, https://www.whichswitch.co.uk or https://www.uswitch.com then you don't actually switch to it using those sites but instead after creating a free acoount at https://www.topcashback.co.uk where you will earn further cashback from the company you switch to This is the cashback that would otherwise have been paid to the switch comparison website if you had placed your order there.

    Why do you feel this great fear of moving from the tariff you are on or supplier you are currently with. Nothing changes with the stuff physically coming down the electricity wires when you switch suppliers. All that happens is that the meter read figures get entered in to a different energy company's computer.

    Unlike a broadband switch you can't have your service cut off due to switching because nothing physically changes on your supply. A disconnection if you refused to pay your bill is a completely separate action which you have to be given notice of in advance.
  • I-LOV-MONEY
    I-LOV-MONEY Posts: 1,279 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Can somebody please tell me how long the 'leading' supplier generally stays in the lead? If I switch from company a to company b , will in a few weeks / months company c become a better deal ? Then awhile later will company a make sense once again?
    Thank you for reading this message.
  • anon_ymous
    anon_ymous Posts: 1,997 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    We're on npower currently and my cousin moved to Atlantic energy recently. Npower on the phone offered £200 cashback if he didnt leave, so if you really do want to stay with them, ring them up and see what they can do for you.

    When I know what consumption we are using, Ill put those details in to comparison sites, but obviously I will also check out a few energy sites as well
  • oly2c
    oly2c Posts: 51 Forumite
    edited 12 March 2010 at 12:49AM
    Uswitch have assured me they take in to account announced forthcoming price cuts. This is because usually the prices change almost straight away but it will be at least 4 to 6 weeks by the time you have moved supplier. However they obviously can't take in to account a price cut that has not yet been announced.

    I think this is mistaken.
    If you do a Uswitch comparison now you will see the following at the top of the results table:

    Prices (include VAT) are correct as of 11 March 2010

    Surely they would state in the results that announced changes have been included if that was to be the case.

    My own Uswitch comparison shows current supplier unit prices identical to a recent EON bill and certainly don't take account the announced end of month reductions.
    I will certainly wait until April.
    if i had known then what i know now
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